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LPM breach could have revealed thousands of people's data
A design flaw in a property management firm's website meant potentially thousands of images of private customer information was publicly available.
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'Virtual mall' to open for indigenous products
The world's first global indigenous online marketplace will be launched later this month, creating a space for Māori and Pasifika businesses to showcase and…
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Tourism school enrolments rise despite Covid-19 effects on industry
Tertiary students have faith in the tourism industry's future, despite the blow dealt to the sector by Covid-19.
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'Big wave of unemployment' expected in Chch once subsidies end
Early estimates suggest there could be between 9000 and 36,500 job losses in in Christchurch over the coming year, with pre-Covid-19 unemployment numbers at…
Business headlines with summaries.
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More Michael Hill store closures possible
The jewellery retailer has already closed 11 stores across Australia, New Zealand and Canada and is not ruling out further closures.
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Inflation drops 0.5 percent in June quarter
The Consumer Price Index has had its first quarterly decline since 2015, according to Statistics NZ.
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Qantas puts international bookings on hold until 2021
Qantas has sacked about 20 percent of its workforce and has now stopped taking new bookings for international flights until at least March next year. Audio
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NZ government urged not to follow UK in Huawei 5G equipment ban
The telecommunications industry will face big costs if the New Zealand government follows Britain's lead in banning Huawei equipment from 5G networks, according to an industry insider.
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Westport investment raises hopes for mineral sand exporting plans
West Coast Bulk Logistics says it has been exploring West Coast mineral sands for the past decade, but had no viable way of getting it to offshore markets until recent investment in the coast's ports…
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Electricity Authority faces court action over pricing plans
Electricity generator Trustpower has asked the High Court to quash planned changes to transmission pricing
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HoneyLab does licencing deal with US company
The health product company will sell seven of its products in North America through a licensing agreement with Taro Pharmaceuticals USA Inc.
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Demand for residential mortgages down
Property developments are going to struggle to get off the ground as bank lending tightens over the next six months. Audio
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Labour shortage: NZers 'come and go, they don't stay'
The horticulture industry warns it may have to cut back on the harvest, if the government does not move quickly to head-off a critical labour shortage in spring.
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Courgettes fetch record price of $21.42 a kilo
A ban on some fresh vegetables from Queensland has seen the price of courgettes rise 74 percent.
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Business advice demand 'phenomenal' after government funding
The government today announced it will give out another $40 million in support for small and medium enterprises from the Covid-19 response and recovery fund.
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Job ads up in June but down on last year
The number of ads rose 46.9 percent in June, after coming off a 71.7 percent boost in May, however, listings are down 38.9 percent on the same month last year.
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New Zealand corporations taking on less debt than overseas counterparts
It is estimated global corporate debt will jump to $US9.3 trillion as businesses try to shore up their finances in response to the Covid-19 pandemic.
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Apple industry wants holiday visas extended through harvest
Business and backpackers are teaming up to persuade the Minister of Immigration to extend their visas through the upcoming harvest season. Audio
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Park Hyatt Hotel to open in September despite lack of tourists
The new luxury Auckland hotel has rejigged its strategy to remain profitable in the Covid-19 economy.
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Small businesses get further funding to stay afloat
The government is adding a further $40 million in support to small and medium enterprises from the Covid-19 response and recovery fund.
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Lenders with ties to expelled business under investigation
A debt management firm came across the link between the lending companies while helping a client manage their debt.
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Govt under pressure over rent relief: 'There's going to be carnage'
One in eight retail businesses are struggling to negotiate rent relief and want government-assisted arbitration to help them resolve their plight, a survey shows.
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Govt delays over commercial rents causing 'pain and expense'
Small business owners are feeling abandoned by the government, over what they call failures to implement proper, effective measures to control rent and lease arrangements.
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Nelson businesses develop expat network
Nelson Expats Abroad has been initiated as part of Project Kōkiri which was established to respond to the economic impacts of Covid-19.
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Metlifecare chair opposes new takover offer
The deal on the table is a revised offer of $6 a share from Asia Pacific Village Group (APVG), backed by the Swedish private equity firm EQT.
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Tiwai Point smelter closure: Meridian Energy meets with investors
Meridian Energy has met with investors today after yesterday's bombshell notice by Rio Tinto that the Tiwai Point aluminium smelter would close next year.
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Struggling businesses call for targeted wage subsidy extension
The wage subsidy scheme has been credited with saving the jobs of thousands of Kiwis, and there are calls for in to continue in some form after it ends in September.
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Me Today raises $4m through share offer
The health and wellness company launched its offer on Wednesday and attracted bids for over twice the $3m sought.
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