New 'dirty money' law
A new law designed to crack down on money laundering and terrorism financing in New Zealand is about to come into effect. PwC director Stephen Drain explains the changes.
A new law designed to crack down on money laundering and terrorism financing in New Zealand is about to come into effect. PwC director Stephen Drain explains the changes.
Westpac chief economist Dominick Stephens discusses some of the business and economic topics of the week with NZ Herald’s Chris Daniels.
Prime Minister John Key talks to Newstalk ZB's Leighton Smith about Auckland's Unitary plan
Prime Minister John Key talks to Newstalk ZB's Leighton Smith about the Denniston Mine decision.
Devil beasts and fruit loops, Sherlock Holmes and Doctor Watson and game show hosts all made guest appearances in the Budget debate yesterday.
KPMG partner Paul McPadden gives his instant opinion and analysis of Budget 2013 to nzherald.co.nz Business editor Chris Daniels.
Expert opinion and analysis from New Zealand Herald Economics editor Brian Fallow on the 2013 Budget delivered by Finance Minister Bill English.
Finance Minister Bill English has stayed on the track set in previous years in today's Budget, reconfirming the return to surplus in two years while taking steps to reduce the risk of a housing bubble. Social housing is a big element of the Budget. Watch his speech in full.
The last of the pie chain's outlets closed in the late 1990s, however McDonald’s reintroduced the Kiwi classic in 2013. Video / Sarah Ivey
Watch this old television Advert for "Georgie Pie". Starting early next month, McDonald's will begin selling a single Georgie Pie product at 11 of its restaurants in Auckland and Waikato. And New Zealand's biggest fast food operator isn't ruling out a return of standalone Georgie Pie stores.
Today we launch part two of our latest video series, a beginner's guide to investing in shares.
Today we launch part one of our latest video series, a beginner's guide to investing in shares.
Check out the fourth and final video in our latest series - a beginner's guide to investing in shares.
Today we launch part three of our latest video series, a beginner's guide to investing in shares. How do I choose which companies to invest in? What does it mean to have a diversified portfolio? And who looks after my shares?
The Government remains on track to return to surplus by 2014/15 but its current "firm" control on spending will continue beyond that date, Finance Minister Bill English said in a pre-Budget speech this afternoon.
Cue TV has the latest from Invercargill with the council meeting about the smelter and Mayor Shadbolt debunking a few myths about the rest of NZ getting cheap power if it closes.
CEO of the Southland Chamber of Commerce Richard Hay speaks to Cue TV and believes from inside sources that Rio Tinto are happy to 'come back to the table' in talks with Meridian Energy.
Prime Minister John Key comments on discussions with Tiwai Point aluminium smelter's ultimate owners Rio Tinto and a bid to broker a deal, the attack on Black Cap Jesse Ryder, relief for the drought stricken farmers; and finally the 'golden handshake' for Solid Energy's Don Elder.
Telecom, New Zealand's biggest internet retailer, has entered the consumer fibre market and says customers will be able to sign up to its ultra-fast broadband plans from tomorrow.
Mr Joyce also gave an update on progress with the Government's remediation plan to address issues with the school payroll system. A new dedicated Education Sector Payroll Services business unit to be established in the Education Ministry to co-ordinate the Remediation Plan.
Hawaiian Airlines will start flying non-stop between Auckland and Hawaii. It will be the only United States airline to fly to New Zealand. The flights will provide significant new holiday options for Kiwis, increasing opportunities to fly to Honolulu and providing same carrier connections to the neighbour islands of Maui, Kauai and Hawaii Island, and services to 11 destinations on the US mainland, including Los Angeles, Las Vegas and New York.
Former Solid Energy chairman John Palmer has told MPs he opposed the Government's 2009 direction that the state owned coal miner take on more debt and has challenged Prime Minister John Key's comments that the company sought $1 billion from the Government to fund ambitious investment plans.
Mr Palmer and former Solid Energy chief executive Don Elder made their highly anticipated appearance before Parliament's commerce committee this afternoon to answer questions about what led to the company's near collapse under $389 million in debt. Dr Elder told the packed committee room that the company's recent problems were down to a "perfect storm" of unprecedented coal price falls last year and the strong Kiwi dollar. He said it wasn't just New Zealand coal companies that were feeling the brunt of a drop in the price of coal, but US companies were also in serious trouble. He said the situation with Solid Energy needed to be looked at within an international context. Dr Elder offered an apology to workers on the West Coast who lost their jobs.
New Zealand Herald economics editor Brian Fallow discusses the official cash rate.
Reserve Bank Governor Graeme Wheeler has announced there will be no change to the Official Cash Rate, which sits at a record low 2.5pc. The financial markets saw no chance the Reserve Bank would raise the official cash rate today so their focus will be on how the accompanying monetary policy statement describes the balance of risks going forward. The kiwi dollar dropped on the news.
Business editor of the New Zealand Herald, Liam Dann talks to nzherald.co.nz about the Government's partial float of Mighty River Power.
Prime Minister John Key and Finance Minister Bill English on the sale of Mighty River Power shares to would-be investors. PM John Key said the Government is intending to keep its promises about ensuring a high level of New Zealand ownership.
The Prime Minister distanced himself from news that Telecom will slash hundreds of jobs as it seeks to reduce costs across its business. "Telecom is going through it's own set of issues," he said. A decision to cut jobs by the telecommunication giant's new chief executive was "not really an issue in any way related to the Government," Mr Key said.
Prime Minister John Key has denied that the Solid Energy crisis and Telecom job cuts are a black mark against the Government's handling of the economy. A Government bailout of state-owned enterprise Solid Energy appears likely as Mr Key today described the situation as "extremely serious" and one that the Government will have to get involved in.