Business

What do tariffs mean for interest rates?

What do tariffs mean for interest rates?

US President Donald Trump may have shaken international markets with the introduction of sweeping tariffs, but what it means for New Zealand borrowers is not yet clear.

Family checks out of grocery game after 55 years

Dipak, Jigs and Shelly Buha have taken over from the Bakker family, who started Invercargill’s...

Family checks out of grocery game after 55 years

Car crashes and Covid marked the end of an era and the start of another for the owners of an Invercargill supermarket.

Sushi brand part of liquidation as pay, tax owed

A Christchurch takeaway and restaurant business with sushi outlets under the Hachi Hachi brand has folded owing staff holiday pay and a hefty tax bill.

NZ won't launch reciprocal tariffs against US: Luxon

Prime Minister Christopher Luxon says there are some "areas for us to work on" with the boot camp...

NZ won't launch reciprocal tariffs against US: Luxon

Prime Minister Christopher Luxon says New Zealand is "relatively well positioned" to weather Donald Trump's new sweeping global tariffs.

2degrees fined $325k over misleading claims

2degrees fined $325k over misleading claims

The Auckland District Court has fined telco 2degrees $325,000 over misleading claims about 'free' Australia business roaming.

Confusion as Trump says NZ has 20% tariff against US

President Donald Trump with a board outlining new tariffs for countries in a day be dubbed "Make...

Confusion as Trump says NZ has 20% tariff against US

US President Donald Trump's claim about NZ has raised eyebrows as experts weigh the consequences.

Trump announces 10% tariff on NZ goods

US President Donald Trump holds a signed executive order on tariffs in the Rose Garden at the...

Trump announces 10% tariff on NZ goods

New Zealand exporters face hundreds of millions of dollars of tariffs on goods sent to the US as President Donald Trump carried through with his trade charges.

Economist warns against cutting OCR

Economist warns against cutting OCR next week

Westpac's chief economist has thrown a cat among the forecasting pigeons, saying the Reserve Bank shouldn't cut the OCR next week.

What to check in KiwiSaver if Trump trouble hits

US President Donald Trump acknowledged that tariffs could lead to disruptions and hardships for...

What to check in KiwiSaver if Trump trouble hits

Markets may be volatile, as US President Donald Trump continues to make waves, but investors are being told they shouldn't let it put them off making sound decisions.

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Mine extension application lacks CIA

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Mine extension application lacks CIA

OceanaGold has applied for its Macraes mine extension without a cultural impact assessment, a matter "reluctantly" acknowledged by iwi representatives.

A toast to peanut butter’s 1000th batch

Bay Rd co-founder Michael Hastie celebrates producing the 1000th batch of the nutty spread in...

A toast to peanut butter’s 1000th batch

Mark Hastie is a smooth operator.

KiwiRail's $8m bill for consultants unacceptable: Peters

McKinsey and Company were contracted by KiwiRail to do a review on lifting performance for rail...

KiwiRail's $8m bill for consultants unacceptable: Peters

KiwiRail's $8 million spend on management consulting is unacceptable, says Minister for Rail Winston Peters.

Wool industry needs to wake up, advocate says

Harry Smith, of Ben Dhu Station, near Omarama, inspects a merino fleece, watched by his sister...

Wool industry needs to wake up, advocate says

Wool advocate Craig Smith says the global wool industry needs to wake up and ask if it is there for quality or simply to hit a price point.

Direct flights take off from Christchurch to Cairns

A Jetstar aircraft at Christchurch Airport. Photo: Christchurch Airport

Direct flights take off from Christchurch to Cairns

The first of Jetstar's new daily direct flights from Christchurch to Cairns took off today.

70 jobs gone as Body Shop NZ stores close

The Body Shop used to operate at the entrance to the Golden Centre Mall in Dunedin. The lease was...

70 jobs gone as Body Shop NZ stores close

The Body Shop New Zealand has been placed into liquidation, with all stores closed and the loss of about 70 jobs.

Trump to impose tariffs as nervous world awaits trade war

President Donald Trump argues that American workers and manufacturers have been hurt over the...

Trump to impose tariffs as nervous world awaits trade war

US President Donald Trump is to impose new tariffs, the White House has confirmed, though it provided no details about the size and scope of trade barriers that have businesses, consumers and investors fretting about a trade war.

Power bills set to surge as higher charges kick in

Power bills set to surge as higher charges kick in

Consumers are likely to see a big bump in their energy bills this month, up to a 10 percent rise for some.

Powering up

Powering up

Cooke Howlison Toyota chief executive Matthew Downing and Jarrod Dean, of Aotea Electric, view solar panels on the dealership’s roof.

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