NZ's economy took 'developed world's biggest hit'
NZ's economy took 'developed world's biggest hit'
New Zealand's economy suffered the biggest hit in the world in 2024, HSBC says, but there are signs that conditions are starting to improve.
Business
'Vicious cycle': Effective tax rates topping 80%
'Vicious cycle': Effective tax rates topping 80%
If you have ever felt as though you end up worse off when you work more, a new Treasury paper indicates you might be right.
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Who are the real top dogs at new cafe?
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Who are the real top dogs at new cafe?
When customers set foot inside Dunedin cafe Gary & Lola's, they often ask which of the pair is the one behind the counter.
Inflation battle over, so why doesn't it feel like it?
Inflation battle over, so why doesn't it feel like it?
The Reserve Bank's battle with inflation is over. So why doesn't it feel like things have improved?
Voluntary administrators appointed
Voluntary administrators appointed
Beauty brand The Body Shop’s New Zealand business has appointed voluntary administrators.
The Body Shop NZ in voluntary administration
The Body Shop NZ in voluntary administration
Beauty brand The Body Shop's New Zealand business has appointed voluntary administrators.
Biggest bank cuts range of interest rates
Biggest bank cuts range of interest rates
The country's biggest bank is cutting a range of shorter-term interest rates.
NZME boss cops flak as dozens of jobs go
NZME boss cops flak as dozens of jobs go
NZME's chief content officer is copping flak for being "completely evasive" over a response to staff while announcing plans to cut 38 jobs today.
$10 cup of coffee on the way?
Coffee price rises 'completely necessary'
New Zealand coffee drinkers are being warned price rises are likely - but maybe not to the extent that Australians are expecting.
Scott Technology lands new Rio Tinto contract
Scott Technology lands new Rio Tinto contract
A Dunedin automation and robotics company has secured its third contract in Australia with a global mining corporation.
$115b worth of property listed last year
$115b worth of property listed last year
By Susan Edmunds of RNZNew Zealanders listed more than $115 billion worth of residential property for sale in 2024, and some of them are still waiting to find buyers.
Average home value in Invercargill nearing $500K
Average home value in Invercargill nearing $500K
Invercargill experienced more home value growth on average last year than any of New Zealand’s other large urban areas.
Second Clan Construction director declared bankrupt
Second Clan Construction director declared bankrupt
The second director of collapsed Dunedin building firm Clan Construction has been adjudicated bankrupt.
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Student traders prove worth in global challenge
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Student traders prove worth in global challenge
A profit of more than $US100,000 ($NZ177,000) is no easy feat, and would have made a great payday for three Dunedin students.
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Not funding chambers, councils say
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Not funding chambers, councils say
It may look like southern councils are providing significant money to chambers of commerce, but the reality is different, they say.
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End of an era as Ravensdown plant closes
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End of an era as Ravensdown plant closes
A controversial Dunedin fertiliser plant has officially ended manufacturing after more than 90 years.
'My entire year's wages': Mum's $47k debt for Working for Families
'My entire year's wages': Mum's $47k debt for Working for Families
Another parent handed a tax bill after incorrectly recording her relationship status for Working for Families says she's been told she now owes $47,000.
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AI-linked technology secures big contracts
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AI-linked technology secures big contracts
Mixing artificial intelligence with meatworks has powered a Dunedin automation and robotics company to a multimillion-dollar contract with Australia’s largest meat processor.
Billions pledged for green aluminium push
Billions pledged for green aluminium push
Australia's Labor government has pledged billions in production credits to help support the country's four aluminium smelters switch to renewable power before 2036.
Wellington business owners hopeful the worst is over
Wellington business owners hopeful the worst is over
After a "gruelling year" for many businesses in the capital, owners who have survived till 2025 are hopeful the worst is behind them.
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