News
Financial adviser law changes come into effect
The Financial Services Amendment Act (FSLAA) was passed into law nearly two years ago but the pandemic delayed the implementation of the new licensing and regulatory regime.
What's driving the commercial property sector?
Real estate company Colliers says industrial property, large standalone retail, regional shopping centres and flagship office buildings are in high demand.
Share brokers emphasise education after 'activist' GameStop incident
Sharebrokers are focussing on educating clients in the aftermath of the GameStop market activity, which saw the price of shares in the US-based bricks and mortar retailer skyrocket at the expense of…
Shake-up of trusts about to come into force
New laws covering the governance of trusts comes into effect at the end of the week and promises to be the biggest shake-up in the sector in decades.
Fourth quarter inflation expected to be low due to Covid-19 disruptions
Ongoing disruptions caused by Covid-19 are expected to be reflected in the fourth quarter inflation data to be released later today.
'Things looking good': Stack of new magazines hit shelves
There has been a stunning turnaround in the outlook for the magazine industry with more than 20 new titles published in the past few months.
New Zealand's Envy apples on track to be a billion-dollar brand
The big, red, premium apples developed and produced by T&G Global had a record season with a 23 percent increase in international sales.
Wealth gap between young and old growing - ANZ report
Intergenerational inequality is growing larger by the day and things will only get worse unless action is taken, an ANZ Bank report says.
Trans-tasman airports unlikely to recover until late 2021 - report
Australian and New Zealand airports face a fragile and volatile recovery until a Covid-19 vaccine restores consumer confidence in air travel.
Call to address lack of fuel efficiency standards
The absence of vehicle fuel efficiency standards and inaction on light vehicles imports have left New Zealand with one of the most fuel-inefficient vehicle fleets in the developed world.
New Zealand's best firms a 'long way behind' in productivity
Even New Zealand's most innovative firms are about half as productive as their counterparts in other small advanced economies, a Productivity Commission report suggests.
Report urges NZ-led reform of trade system
New Zealand needs to help lead reform of the international trade system amid increasing protectionism and supply-chain chaos, according to a new report.
Economic report knocks migration policy over cheap labour
The NZIER report suggests the government maintain current provisions for top-end skilled and entrepreneurial migrants and continue to substantially reduce flows of people with skills that are the same… Audio
Tech sector revenue increases by almost $1b
New Zealand's tech sector has defied the economic downturn unleashed by the Covid-19 pandemic with strong revenue, export, labour and investment growth.
NZME plans to sell GrabOne business
NZME is planning to sell its GrabOne business as part of a three-year strategy, which includes the possible rebranding of some of its publications.
Energy expert says rail is a better bet than hydrogen fuel
The government should stop focusing on unproven hydrogen energy technology to tackle climate change, says an expert.
Govt urged to ease restrictions on temporary visas to address labour shortage
The government is being urged to ease restrictions on temporary visas to ensure there are enough workers available to address an acute labour shortage in popular holiday destinations.
Chorus says ComCom decisions on UFB don't reflect commercial reality
Telecommunications lines company Chorus has taken a swipe at the Commerce Commission's decision on how to calculate future pricing of the ultrafast-fibre broadband network (UFB).
Green hydrogen projects: Plenty of chat but limited cash
Official enthusiasm for green hydrogen has not resulted in the investment and other supports necessary to make it a commercially viable fuel.
Mainfreight expects 23% increase in first half profit
New Zealand's largest transport company said its pre-tax first half profit was estimated to be $102.2 million.
Energy use yet to return to pre-pandemic levels
Covid-19 has left a mark on New Zealand's energy consumption, which is yet to return to business as usual.
NZ, Australia consumer protection laws diverge - report
New Zealand and Australia are heading in opposite directions when it comes to protecting consumers.
New trust laws set to surprise beneficiaries - lawyer
New Zealand's love affair with trusts will be tested when new legislation comes into effect early next year, with surprises in store for some trustees and beneficiaries.
Covid-19: Tourism's loss is agritech's win
The Agritech sector has been given the money and resources it needs to step-up its international profile and lift its export earning potential.
Inflation drops 0.5 percent in June quarter
The Consumer Price Index has had its first quarterly decline since 2015, according to Statistics NZ.