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.
Invercargill Mayor Tim Shadbolt talks to Cue TV about Tiwai Point. Prime Minister John Key says the Government will offer no more than the short-term subsidy offered last week to keep the Tiwai Point aluminium smelter open. Rio Tinto - which owns just on 80 percent of the 41 year-old smelter, rejected a short term subsidy offer over Easter weekend, saying it needed a long term deal and was returning to talks with its supplier, Meridian Energy.
Fiji Airways's new Airbus A330 made its maiden commercial flight to New Zealand in 2013. Video / Supplied
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.
Prime Minister John Key was questioned in Parliament Wednesday about SkyCity hatching a land deal with TVNZ to make room for the larger convention centre he wanted. NZ First leader Winston Peters had called it a "secret side deal".
Prime Minister John Key comments on the yet to be released Household Labour force survey figures that are an indicator of the unemployment rate in New Zealand.
Mainzeal Property and Construction - one of New Zealand's largest construction companies - has gone into receivership.
Path of Exile is an online Action RPG set in the dark fantasy world of Wraeclast. We're a small independent team of hardcore gamers based in New Zealand and have created Path of Exile as the game that we'd want to play ourselves.
Sir Stephen says his motivation for starting up The Warehouse was the desire to be in control of his job security and future career.
Sir Stephen says leaders need to have courage to get through the challenges faced in setting up a business.
Nearly half of all New Zealanders are now paying into KiwiSaver but many people are still wondering what is actually happening to the money they put in. Join us for Part Three in our beginner's guide to KiwiSaver. Five years since it kicked off, KiwiSaver is still a mystery to many New Zealanders and we decided to provide a simple guide which covers the nuts and bolts. Experts Mary Holm and Chris Douglas tackle all the basic questions in a way which is easy to understand and jargon-free.
With nearly two million members and $12.8 billion invested in KiwiSaver, nzherald.co.nz is launching a four-part video series about the retirement savings scheme. Join us for Part Four in our beginners guide to KiwiSaver.
Nearly half of all New Zealanders are now paying into KiwiSaver but many people are still wondering what it's all about and what is actually happening to the money they are putting in. Today, we're releasing the second video in our four-part series about KiwiSaver, with experts Mary Holm and Chris Douglas tackling the questions.
With nearly two million members and $12.8 billion invested in KiwiSaver, nzherald.co.nz is launching a four-part video series about the retirement savings scheme. Five years since it kicked off, KiwiSaver is still a mystery to many New Zealanders and we decided to provide a simple guide which covers the nuts and bolts. Experts Mary Holm and Chris Douglas tackle all the basic questions in a way which is easy to understand and jargon-free.
Telecom has announced flat-rate data plans for its customers travelling overseas and says the move will save some users almost 90 per cent. The company will charge $6 a day for customers on post-paid plans using data across the Tasman, though says it will review this in 2013. Video supplied by Telecom.
The ASB Building on Jellicoe Street is already turning heads on the waterfront and this week a large reflector device in the shape of a sail was installed on the top of it. The reflector is to act as an important part of the buildings ventilation and lighting system and was designed using cutting-edge yacht design technology. It is an integrated part of the massive funnel installed in May 2012 that forms part of the passive ventilation and natural lighting system under the main vent on the top of the building. Credit McCabe photography
A team of former Nasa executives is launching a private venture to send people to the moon for a price that is definitely out of this world.
A US financial fraud investigator who blew the whistle on a multi-billion Ponzi scheme run by Bernie Madoff will speak in New Zealand early next year.
New Reserve Bank Governor Graeme Wheeler today delivered his first Monetary Policy Statement - a relatively upbeat affair.
Prime Minister John Key comments on the Government's plans surrounding rising property prices and house affordability in Auckland and across the country.