Infratil and NZ Super Fund are both buying up big stakes in listed retirement village operator Metlifecare.

Business school competition helped turn clever technology into a growing business.

The Reserve Bank yesterday confirmed it has agreed to re-examine its new mortgage lending restrictions if data shows they are crimping the supply of new homes.

Auckland's Alexandra Park could be the scene of more than $110 million of commercial and residential developments over the next decade.

A marina village is proposed for a "wasted" island which is a 10-minute ferry ride across Waitemata Harbour from the Auckland CBD.

A director of failed firm Rockforte Finance has been sentenced to four years in jail while another got 11 months' home detention and 200 hours' community work

Market players say Meridian Energy's initial public offer price is fair and reflects the lessons the Government has learned from its listing of Mighty River Power.

The New Zealand dollar was the worst performing currency overnight, as investors switched to so-called 'safe haven' assets.

An accountant has been struck off for scamming Inland Revenue out of $280,000 by doctoring his employer's tax returns to gain false donation rebates.

The deal will raise $1.88 billion instead of the maximum $2.25 billion for the 49 per cent share, and values Meridian at $3.84 billion.

The $7.26 billion of revenue for the top 100 companies is a 3.7 per cent increase on last year.

Forget Richie McCaw and Dan Carter - NZ's most adored brands are chocolate and ice cream.

The chances of the Govt raising $5 billion to $7 billion from its partial assets sales is looking dimmer after details of No 2 sale, Meridian, were announced last night.

More than 1,000 posties and retail staff could lose their jobs after NZ Post got the green light from the Govt to move to three-day-a-week deliveries.

New Zealand tech stocks continued to soar today. Cloud accounting company Xero touched a new high of $29.30 - giving it a market capitalisation of $3.7 billion.

A Greenpeace-commissioned report shows dramatic blow-out effects of a deep-sea oil spill, but the industry says it's "science fiction".

The New Zealand dollar has jumped to its highest in more than five months.