Latest fromMobile Business

Auckland grows, rural areas decline
Super City's population nudging 1.5m while there were falls in many regional centres and country areas in the North Island.

NZ dollar 'would suffer' in US debt default
A United States debt default would drive a substantial fall in the New Zealand dollar's value, say currency strategists.

Mayer admitted he misled loan company
Malcolm Mayer told a journalist in 2009 that he'd misled a trustee company caught in an alleged $50 million loan scam, a court heard today.

Reserve Bank defends new loan limits
In a speech to the Property Council this morning the Reserve Bank's deputy governor has gone on a charm offensive over its LVR restrictions.

Mining tycoon makes $65m donation
Australian mining magnate and long-time philanthropist Andrew "Twiggy"Forrest has donated A$65 million ($NZ73.9m) to universities in Western Australia.

Former Dominion Finance director regains wine firm
Former finance company director Ann Butler - who was convicted this year of misleading investors - has regained control of a wine company after it emerged from receivership.

Bunnings vs Grey Lynn: Battle heats up
The battle over a proposed controversial Bunnings in Grey Lynn will likely be headed for the Environment Court - irrespective of a decision by planning commissioners.

Xero shares hit record
Xero is starting to "come up on the foils and sail away" while its massive US rival is "struggling to move online".

US stand-off pushes NZ dollar up
The NZ dollar has continued edge amid the ongoing stand-off between US legislators which is threatening a default on debt obligations of the world's biggest economy.

Westpac cuts pre-okayed mortgages
Westpac has confirmed it is withdrawing mortgage pre-approvals for some customers following the introduction of the Reserve Bank's new lending restrictions.

First home buyer numbers drop
The number of first home buyers in the market since the introduction of new Reserve Bank mortgage restrictions last month has plummeted, real estate agents are reporting.

Ex-director's 'top end' fraud
The former boss at a Canterbury clothing maker that kitted out some of our sporting heroes has today pleaded guilty to a multi-million dollar "top end" fraud.

Xero share soar on 'war chest' sale
NZ tech darling Xero has raised $180m in new capital - but it's not planning new acquisitions. It's "more about building a war chest" says founder Rod Drury.

Angry Birds feather nest of Finnish firm
More than 1.7 billion people around the world have downloaded the mobile games.

Fraud trial against former clothing boss due to begin
The fraud trial of the former boss at Canterbury clothing manufacturer Lane Walker Rudkin's is due to begin in Christchurch today.

Finance body has its say on retirement
The debate on retirement income is set to continue today with a major industry group due to release its recommendations on how to supersize New Zealanders' retirement income.

Migrant workforce key in the new NZ
New Zealanders who die or leave the country permanently are being replaced by citizens of other nations.