News
Consumers to foot the bill for rising cost of electricity network upgrades
Rising costs threaten to blow out the $6 billion budget companies are permitted to charge customers for upgrades to their networks over the next five years.
Commercial property increasingly popular with investors
Commercial property is offering higher returns than residential properties.
US-led tariff war reduces international cooperation on global tax laws
The United States-led tariff war has pushed global cooperation on international tax rules to the back burner, leaving small countries like New Zealand the poorer for it.
Cyber attacks: 'It's going to happen, be prepared and prepare now'
A cyber attack is a "matter of when, not if", with a global average of between 100 and 250 attacks per second, a new report says.
Flood of small businesses expected to come up for sale
A quarter of small and medium businesses are are expected to be sold in the next decade as the baby boom generation retires.
Number of people behind on mortages at 8-year high
The economic climate remains challenging with all manner of debt creating hardship for consumers and businesses alike, according to the latest report by credit agency Centrix.
CEO laments Warehouse Group's 'unacceptable' first-half results
The Warehouse Group expects to report another weak financial result, with first-half underlying profit to be down on the year earlier.
'There wasn't really anywhere to hide': Tough season for investors amid gloomy results
The reporting season underwhelmed the market, with many companies reporting weak results and few bright spots.
TVNZ reports half-year profit, but foresees potential full-year loss
A drop in television advertising revenue was in contrast to a 16 percent year-on-year increase in digital revenue.
NZ lags behind in bequeathing money for charity
Only half of New Zealand adults have a will, with a small fraction of money being left behind for charity, according to a new report.
Media company NZME reports $16 million full-year net loss
Media company NZME has reported a full year net loss after taking a non-cash writedown of $24 million on its publishing assets, along with a drop in underlying profit.
We might be at a 'sweet spot' for buying a house
The number of New Zealanders expecting house prices to rise has returned to 2020 confidence levels.
Microsoft signs deal with Spark to accelerate its AI services
Microsoft NZ has signed its biggest ever deal yet to enable Spark to accelerate its AI services, with flow-on benefits to the wider business community.
Fletcher Building reports even bigger first-half net loss
New Zealand's largest building company's revenue for the six months ended December was down 7 percent with an underlying profit slightly ahead of market consensus.
'No-one's really safe': Beware heartbreaking Valentine's Day scams
A fraud investigator warns against suitors who want to keep romance a secret.
Govt working to increase supermarket competition - but what else is needed?
Monopoly Watch says it will require more than just government efforts to challenge New Zealand supermarket chains.
Tech sector jobs market remains tight - but expected to bounce back
The tech sector is expected to soon return to a tight labour market, which will quickly absorb a glut of people currently looking for work.
Visa changes 'going back to what worked' - immigration lawyer
Changes to the Active Investor Plus visa requirements are expected to meet pent-up demand from international investors, one group says.
SkyCity blames Fletcher Construction as convention centre delayed
Chief executive Jason Walbridge says delays by the contractor mean SkyCity does not expect to commence its own commissioning and operational activities at the NZICC until the second half of 2025.
Outlook for small businesses encouraging, despite economic uncertainties - MYOB
A nationwide survey of more than 500 SME owners and decision-makers found more work lined up for January to March than they would usually expect.
How secure is New Zealand against quantum computing?
Financial institutions say they are working on the cybersecurity threats posed by quantum computing - including the potential to break common encryption systems which use passwords to protect data and…
Business confidence, economic growth to improve from mid-year - Infometrics
Household spending and the labour market will both pick up - but it's not all rosy, forecaster says.
How IRD is working to protect taxpayer info from quantum computing threats
Work is underway to protect taxpayer information from quantum computing's power to break through commonly used encryption systems.
NZ-listed shares underperformed compared to global markets - economist
New Zealand-listed shares have underperformed compared to many global markets with greater exposure to tech sector gains, though an improving economy could help drive up domestic values.
Y2Q: The threat coming fast that could hit all our devices
Explainer: It's quickly emerging as the world's next 'Y2K moment', with potential to open up devices from door locks to data.