Business

Changing when we use power could save billions: report

Spreading the power load could help to defer or avoid increasing demand capacity. Photo: Getty...

Changing when we use power could save billions: report

A quarter of NZ's peak electricity use could be shifted to times of lower demand, lowering household bills and saving up to $3b in infrastructure investment, a new report says.

Job market improving, bodes well for employment: BNZ

T1st Call Recruitment is seeing more of a downturn in the job market now than during the global...

Job market improving, bodes well for employment: BNZ

The jobs market is showing early signs of improvement, according to BNZ, which it said should lead to lower unemployment by the middle of the year.

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Coach to tackle cafe ownership

Settling in as the new owners of St Clair’s Starfish Cafe are (from left) Sarah and Riki Flutey...

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Coach to tackle cafe ownership

With a resume that includes coaching for the Highlanders and Black Ferns, Riki Flutey expects his sporting expertise will come in handy manning the helm of a Dunedin cafe.

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Builder had to ‘learn place pretty quickly’

Cook Brothers Construction site manager Stephen Jory has knocked up 50 years in the construction...

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Builder had to ‘learn place pretty quickly’

Not surprisingly, Stephen Jory has forgotten the number of times he has smashed his thumb with a hammer on a building site over the past 50 years.

First stage of major expansion complete

Barker’s chief executive Agnes Baekelandt expects the new factory near Geraldine will help...

First stage of major expansion complete

South Canterbury company Barker’s has completed its new jam, juice and sauce factory near Geraldine in the first stage of a nearly $60 million expansion project.

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Work begins on new town housing project

Construction of foundations have begun on the former Bayfield Bowling Club site, where 18 new...

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Work begins on new town housing project

Another town housing project is about to spring up in Dunedin — this time on the former Bayfield Bowling Club site in Bayfield Rd.

Inflation rises above Reserve Bank's target rate

The IMF says New Zealand's economy is going through a necessary slowdown caused by the Reserve...

Inflation rises above Reserve Bank's target rate

Inflation has edged higher on the back of higher fuel, travel, and telecommunication costs backing the view the Reserve Bank will hold interest rates steady for the medium term at least.

Woolworths warned over range review process

Woolworths warned over range review process

The Commerce Commission has warned Woolworths New Zealand for what it believes is a likely breach of the Grocery Industry Competition Act, following a review of major supermarkets' product...

Forecasters suggest fixing home loan rates

Interest rates have generally been falling since 2024. Photo: Getty Images

Forecasters suggest fixing home loan rates

Borrowers might want to fix their home loans soon, forecasters warn.

Crowdy with a chance of meatballs

People queue to enter IKEA on its opening day in Auckland. Photo: RNZ

Crowdy with a chance of meatballs

More than half a million people visited Auckland's Ikea in its first month of business, and shoppers bought 28,000 servings of meatballs.

Many Kiwis starting year with financial stress

The fall of interest rates has done little to ease the financial stress many New Zealanders are...

Many Kiwis starting year with financial stress: survey

Many New Zealanders are starting the year feeling stressed about money despite interest rates having fallen, one bank says.

Fletcher Building to sell construction arm

Construction activity fell sharply. Photo: ODT Files

Fletcher Building to sell construction arm

Fletcher Building has reached a binding agreement to sell its construction division to major international firm Vinci Construction.

Otago just short of ‘aspirational’ rise

The average asking price for properties in Southland has more than doubled in the 10 years since...

Otago just short of ‘aspirational’ rise

Property investors across Otago will be "a wee bit gutted" prices did not quite double over the past decade, a Dunedin landlord says.

Engineering company liquidated, $1.8m owed

A Canterbury civil engineering and construction company is in liquidation owing creditors more than $1.8 million.

Adviser draws on hands-on passion for farming

"An experience like no other".

Incomes not keeping up with cost of living - survey

Council of Trade Unions' annual Mood of the Workforce survey showed incomes are falling even more...

Incomes not keeping up with cost of living - survey

A major union-backed survey shows more workers reporting their incomes are not keeping up with the cost of living.

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Creditors not hopeful as debt reaches $1.8m

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Creditors not hopeful as debt reaches $1.8m

A business owed money by a North Otago organic farm has lost hope of ever being paid as the liquidated company’s debt balloons to more than $1.8 million.

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MARS in strong position to make sales this quarter

MARS Bioimaging’s compact spectral molecular imaging CT scanner delivers 3D colour X-rays for...

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MARS in strong position to make sales this quarter

Christchurch company MARS Bioimaging has exceeded a capital-raise target with an oversubscribed $15 million to put its colour CT scanners into medical clinics.

Price of white bread skyrockets

Price of white bread skyrockets

The cost of a loaf of white bread has shot up by almost 60% while other food prices have tumbled, the latest figures show.

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Updated 2.25 pm