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Singapore Airlines A380 arrives
Business

Singapore Airlines A380 arrives

Singapore Airlines' Airbus A380 superjumbo has landed at Auckland Airport twenty minutes ahead of schedule as it starts a five-month summer service. The airline hopes the service will become year round, depending on demand.

Air NZ upgrades its 777 jets - see inside the refit
Business

Air NZ upgrades its 777 jets - see inside the refit

Air New Zealand have begun the retrofit to standardise their 777 fleet to make a better customer experience. NZ Herald writer Grant Bradley spoke with Viv de Bues, General manager of Aircratf Maintenance about the new upgrades and changes being carried out.

NakedBus announces sleeper service
Business

NakedBus announces sleeper service

Bus company NakedBus is launching what it says is NZ's first bus services offering sleeper beds. Naked Bus is touting the service as the first of its kind in this country. The bus has a toilet on board and will call at Hamilton and Palmerston North. It will offer passengers wifi and a food service. Video supplied.

Meet The CEOs: Scott Champion, Beef + Lamb NZ
Business

Meet The CEOs: Scott Champion, Beef + Lamb NZ

The New Zealand beef industry is thriving on the back of a big improvement in international prices. Droughts in the United States and Australia have played havoc with global supply, which has taken prices to record highs. Commodities markets can be volatile and hard to predict, Beef and Lamb New Zealand chief executive, Scott Champion, says. But Champion, talking to the New Zealand Herald as part of the "Meet the CEOs" video series, explains why he thinks high prices may be around for some time to come.

St James: No more mothballs
Business

St James: No more mothballs

Under the new plan, the Queen St frontage of the old theatre complex is the site for a 39-level tower, costing $175 million, which will have more than 300 apartments when it opens in 2018.

Key: First home advice- buy an apartment
New Zealand

Key: First home advice- buy an apartment

First home buyers in Auckland might have to consider an apartment in order to get onto the property ladder, Prime Minister John Key says. His comments follow the release of new CVs for Auckland, which have soared since 2011, particularly in city-fringe suburbs. There are fears the mostly higher CVs could lead to rates increases well in excess of the 3.7 per cent planned for homeowners by Mayor Len Brown next year.

South Canterbury Finance: Two cleared, one guilty
Business

South Canterbury Finance: Two cleared, one guilty

A former director of South Canterbury Finance has been found guilty of making false statements, but two former SCF heads have today been cleared of any wrongdoing in what had been billed as the "biggest fraud in New Zealand's history". Former South Canterbury Finance (SCF) chief executive Lachie McLeod, 50, and former director, accountant Robert White, 70, were found not guilty on all charges by Justice Paul Heath after a lengthy and complex trial. Ex-director, lawyer Edward Sullivan, 72, has been found guilty on five of nine charges, including making false statements and misuse of a document for pecuniary advantage.

Meet the CEOs: Anthony Healy, BNZ
Business

Meet the CEOs: Anthony Healy, BNZ

BNZ chief executive Anthony Healy talks to the Business Herald’s Christopher Adams about his first five months in the top job, a recent management reshuffle and the bank’s strategy around tackling non-traditional competitors such as peer-to-peer lenders.