Business

NZME's journalist union members have fired back at billionaire Jim Grenon's suggestion they should be optimistic about their future

The coalition plans to scale back the number of rules agencies must follow when tendering contracts, which it says will make it easier for NZ businesses to access government contracts worth $50b a year.

KiwiSaver members spooked by market movements have been shifting to more conservative funds, but not at the levels seen when Covid hit in 2020, providers say.

US President Donald Trump is threatening to escalate a global trade war with further tariffs on EU goods, as major US trading partners said they would retaliate for trade barriers already erected by him.

Bank profits have come through the recession and edged to a record high despite rising costs, flat margins, and regulatory pressures.

As insurers move towards individual risk ratings for properties, industry leaders have warned that a growing number of homes could be left without insurance.