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Beast of Burden trailer
Business

Beast of Burden trailer

Auckland-based animation company Huhu Studios has signed up to a co-production with China Film Animation to develop the first animated 3D movie between the two nations, 'Beast of Burden'.

John Key on $1000/day house and capital gains tax
Business

John Key on $1000/day house and capital gains tax

A three-bedroom North Shore "do-up" has earned its owner nearly $1000 a day - just shy of the salary of a High Court judge - in Auckland's red-hot property market. A Weekend Herald investigation into soaring house prices comes amid warnings from the Reserve Bank about the housing market and calls for immediate action by the country's chief human rights watchdog.

Precision Seafood Harvesting results
Business

Precision Seafood Harvesting results

The first set of results are in from two years of testing on New Zealand’s new Precision Seafood Harvesting fishing method and scientists say already they can see that the survival rates for fish are better than expected.

SpatNZ
Business

SpatNZ

A new mussel hatchery and lab facility is due to open north of Nelson at the Cawthron Aquaculture Park, where Greenshell Mussels where industry leaders say the element of chance is being taken out of mussel farming. Video supplied by SpatNZ.

Tourism NZ: The Big Blue
Business

Tourism NZ: The Big Blue

Tourism New Zealand's promotional video 'The Big Blue' showcases New Zealand as a cruising and chartering destination and offers a glimpse into what a superyacht holiday in New Zealand is like The video was produced with the Mayer family while travelling on their superyacht The Big Blue in New Zealand earlier this year.

Business Video: Brian Fallow discusses OCR announcement
Business

Business Video: Brian Fallow discusses OCR announcement

Economics editor Brian Fallow discusses the Reserve Bank's Monetary Policy Statement issued today. The bank has removed the prospect of future interest rate hikes from its forecast horizon as a strong kiwi dollar and cheap oil hold down inflation, and the central bank ponders whether to lower its assessment of where "neutral" interest rates should be. The kiwi dollar gained after the statement.

$7.8m Devonport library rebuild a hit
Business

$7.8m Devonport library rebuild a hit

A secret door between the children's area and the community meeting room, anti-fight pillow seating squabs and a microchip-activated cat door for elderly tabby Benjamin are unusual features of the new Devonport Library, which had its civic opening last Thursday.

The Reserve Bank: Risk, regulation and responsible choices
Business

The Reserve Bank: Risk, regulation and responsible choices

The Reserve Bank has prepared a short video explaining the importance of regulation. This video, featuring the Bank's Head of Prudential Supervision, Toby Fiennes, explains how regulation helps to promote a sound and efficient financial system, and why everyone has a role to play.

Air NZ: Cheaper fares could be coming
Business

Air NZ: Cheaper fares could be coming

Air New Zealand says a surge in capacity this year will help lead to lower airfares. The airline is boosting the number of seats by just under 12 per cent for the remainder of this financial year around the Pacific Rim and on domestic routes. Air New Zealand announced today record interim normalised earnings before taxation of $216 million, up 20 per cent on the prior corresponding period. It's chief executive Christopher Luxon said the carrier was in a period of unprecedented growth.

Government's new social housing plan
New Zealand

Government's new social housing plan

Thousands of state houses to be sold and tenants moved on as the Government looks to private sector to deliver social housing. Prime Minister John Key has set out plans to expand the provision of social housing, which could see up to 8000 state houses sold by 2017 and up to 5000 better-off state tenants moved out to make way for needier cases. The plan could see tenanted state houses sold to approved community housing providers or iwi at a discount rate so long as the houses remained as subsidised rentals.

Billionaire's $50m retreat
Business

Billionaire's $50m retreat

It's the size and scale, as much as the detail, which is breathtaking at Helena Bay - estimated to have cost more than $50 million to build.

Meet The CEOs: Rob Fyfe
Business

Meet The CEOs: Rob Fyfe

Business reporter Holly Ryan speaks to Icebreaker chief executive and former Air New Zealand chief executive Rob Fyfe about his new role with Craggy Range winery

AUT students win international scholarships
Business

AUT students win international scholarships

The AUT InterNZ International Scholarship Programme was created to develop graduates’ professional competencies in a global context, enhancing their work-ready skills and employability. These once-in-a-lifetime scholarships give graduates an opportunity to put their learning into action in a different market – an option not often afforded to New Zealand students or new graduates due to our geographic isolation, the expense of travel and lack of business contacts and networks.

Violinist to a Forensic Scientist: AMP Scholarships Awards
Business

Violinist to a Forensic Scientist: AMP Scholarships Awards

Fifteen awards were handed out at the AMP Scholarships National Awards evening held at the Auckland War Memorial Museum, where recipients mixed with New Zealand’s business leaders. AMP was delighted to award $200,000 in scholarships to passionate and determined New Zealanders striving to ‘do their thing’.