Business news from New Zealand and around the world - NZ Herald

Hamish Sansom allegedly sold 15,000 Eroad shares before its price fell drastically after being leaked confidential US market information. Photo / File

BUSINESS

NZ's first insider trading trial: Man accused of dumping thousands of shares

19 Mar, 2018 11:00am

2 minutes to read

BUSINESS

Slow progress on $600m Auckland housing plan

19 Mar, 2018 5:00am
Quick Read

BUSINESS

Kiwi wool shoes taking world by storm

18 Mar, 2018 12:35pm
Quick Read

BUSINESS

'Bare-faced greed': Kushner's company routinely filed false paperwork

19 Mar, 2018 11:11am
Quick Read

BUSINESS

Facebook's recurring nightmare: People keep exploiting its power

19 Mar, 2018 6:37am
Quick Read

BUSINESS

Big money mistakes women over 40 make

19 Mar, 2018 7:59am
Quick Read

BUSINESS

Electric RVs to cruise into Kiwi campsites

16 Mar, 2018 1:22pm
Quick Read

BUSINESS

'Doubled over in pain': $93k fine after woman breaks back

19 Mar, 2018 11:55am
Quick Read

As a rule of thumb, when stock prices charts go vertical, that's a sign. Photo / Supplied

BUSINESS

Why this bubble is ready to burst

19 Mar, 2018 9:49am
Quick Read

This graph is incredible — and terrifying.

The Defence Force will have to reveal how much it spends on Peter Thiel's Palantir software. Photo / Getty

BUSINESS

Ombudsman forces release of defence spending on spy software

19 Mar, 2018 6:55am
Quick Read

After a year of wrangling, defence force to reveal spending with Peter Thiel's Palantir.

The reality is we'd need several more years of zero growth, at least, before buying a house in Auckland felt easier. Photo / Michael Craig

BUSINESS

Liam Dann: Flat market highlights housing woes

18 Mar, 2018 12:23pm
Quick Read

COMMENT: House prices in Auckland aren't soaring any more but that doesn't solve problem.

Michael Anderson was appointed chief executive of MediaWorks in 2016, following the departure of Mark Weldon. Photo/Supplied.

BUSINESS

MediaWorks counters Aussie report saying Oaktree poised to sell business

19 Mar, 2018 9:06am
Quick Read

This adds to speculation that Oaktree is looking to exit the local media business.

The Employment Relations Authority has found Dialled Tauranga unjustifiably dismissed one of its employees. Photo/File

BUSINESS

Trampoline park to pay ex-staff member more than $6500

19 Mar, 2018 11:00am
Quick Read

Tauranga company to pay former staff member more than $6500.

It will still be some time before passengers are able to hop into a Waymo to get to their desired destination. Photo/123RF.

BUSINESS

Driverless cars will deliver pizza and parcels before people

19 Mar, 2018 7:15am
Quick Read

It will still be a while before a robot drives us to the pub.

BUSINESS

Villa Maria recognised on top international wine list

18 Mar, 2018 10:00pm
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BUSINESS

NZ's primary exports set to rise by 11 pct - MPI

19 Mar, 2018 1:01pm
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Best of Business

Waikiki Beach is a big drawcard for Kiwi visitors to Hawaii. Photo / 123rf

BUSINESS

Hawaii just got a whole lot cheaper

17 Mar, 2018 5:00am
Quick Read

Sunseeking Kiwis are in for more good deals as Hawaiian Air and Air NZ go head to head

Anna Curzon, Xero's chief partner officer. Photo / Babiche Martens.

BUSINESS

Number of Kiwi women in top jobs 'horrific'

8 Mar, 2018 5:00am
Quick Read

Women make up only 18 per cent of senior management teams in New Zealand.

Former director of Bella Vista Homes, Danny Cancian. Photo / George Novak

BUSINESS

Liquidator investigates house building firm's transactions

17 Mar, 2018 6:00am
Quick Read

Cancian said there was no physical money transferred and it was just paper transactions.

White House chief economic adviser Gary Cohn, speaking here to reporters during the daily press briefing, has resigned. AP picture

BUSINESS

Bad news for NZ as pro-trade Trump adviser quits

7 Mar, 2018 11:53am
Quick Read

Departure of a key, pro-trade economic advisor puts our export-led economy at risk.

As a female creative boss, Bridget Taylor is a rarity in advertising. As a Maori, even more so. Photo /supplied

BUSINESS

The Māori woman inside NZ advertising's white boys club

17 Mar, 2018 5:00am
Quick Read

Bridget Taylor, one of the only senior Māori women in advertising, wants to see change.

Satish Shetty failed to pay staff minimum wage and holiday pay, as well as keep correct employment agreements.

BUSINESS

22 restaurants, 120 staff - and now a $40,000 fine for underpaying them

16 Mar, 2018 8:00pm
Quick Read

Restaurant owner fined for underpaying staff - again.

BUSINESS

Hawaii just got a whole lot cheaper

17 Mar, 2018 5:00am
Quick Read

Sunseeking Kiwis are in for more good deals as Hawaiian Air and Air NZ go head to head

BUSINESS

Number of Kiwi women in top jobs 'horrific'

8 Mar, 2018 5:00am
Quick Read

Women make up only 18 per cent of senior management teams in New Zealand.

BUSINESS

Liquidator investigates house building firm's transactions

17 Mar, 2018 6:00am
Quick Read

Cancian said there was no physical money transferred and it was just paper transactions.

BUSINESS

Bad news for NZ as pro-trade Trump adviser quits

7 Mar, 2018 11:53am
Quick Read

Departure of a key, pro-trade economic advisor puts our export-led economy at risk.

BUSINESS

The Māori woman inside NZ advertising's white boys club

17 Mar, 2018 5:00am
Quick Read

Bridget Taylor, one of the only senior Māori women in advertising, wants to see change.

BUSINESS

22 restaurants, 120 staff - and now a $40,000 fine for underpaying them

16 Mar, 2018 8:00pm
Quick Read

Restaurant owner fined for underpaying staff - again.

Business Opinion

BUSINESS

Liam Dann: China is changing and we need to talk about it

By: Liam Dann
Quick Read

BUSINESS

Fran O'Sullivan: Turnbull shows limits of Anzac slogans

By: Fran O'Sullivan
Quick Read

It pays to be wise with how you spend and save. Photo / 123RF

BUSINESS

How to buy a house on $30,000 a year

By:
Quick Read

Trending in Business

Artist's impression of the 178m Pacifica tower. Photo / Supplied

BUSINESS

Auckland high-rise war

16 Mar, 2018 8:00pm

BUSINESS

Why this bubble is ready to burst

19 Mar, 2018 9:49am
6 minutes to read

This graph is incredible — and terrifying.

The passenger sustained the permanent disability in the incident back in 2014. Photo / File

BUSINESS

'Doubled over in pain': $93k fine after woman breaks back

19 Mar, 2018 11:55am
3 minutes to read

The passenger was rushed to Bay of Islands Hospital after the incident in 2014.

BUSINESS

NZ's first insider trading trial: Man accused of dumping thousands of shares

19 Mar, 2018 11:00am
2 minutes to read

The man allegedly acted on confidential market information.

Head of Trade Me Property Nigel Jeffries expected rents to continue rising in cities around the country. Photo/123RF

BUSINESS

Interactive: How much does rent cost in your suburb?

18 Mar, 2018 5:00am
6 minutes to read

Find out how prices for new rentals changed in your suburb.

Plans to bring forward 23,300 new homes in Auckland could be some time away.

BUSINESS

Slow progress on $600m Auckland housing plan

19 Mar, 2018 5:00am
3 minutes to read

The new model will not be in place "in the immediate future" and could be some time away.

Allbirds founder Tim Brown inspects the raw material for his shoes in Northburn, Central Otago. Photo / Vaughan Brookfield

BUSINESS

Kiwi wool shoes taking world by storm

18 Mar, 2018 12:35pm
9 minutes to read

Sustainable, comfortable and Kiwi - Allbirds makes its millionth pair of woollen shoes.

The apartment buildings in the Astoria section of Queens, N.Y. where Jared Kushner's company Kushner Cos. routinely filed false paperwork declaring it had zero rent-regulated tenants. Photos / AP

BUSINESS

'Bare-faced greed': Kushner's company routinely filed false paperwork

19 Mar, 2018 11:11am
7 minutes to read

Documents provide a window into the ethics of Trump son-in-law's business empire.

A converted Nissan e-NV200 mini van was used in the North Island trial. Photo / Supplied

BUSINESS

Electric RVs to cruise into Kiwi campsites

16 Mar, 2018 1:22pm
2 minutes to read

Tourism Holdings is working on ternaries for electric motorhomes it is developing

Fonterra is set to report its first half result this week. Picture/NZ Herald.

BUSINESS

Fonterra's finances: Why it's facing a triple whammy

19 Mar, 2018 5:00am
4 minutes to read

Beingmate's woes are likely to weigh on Fonterra's first half result.

BUSINESS

Ombudsman forces release of defence spending on spy software

19 Mar, 2018 6:55am
3 minutes to read

After a year of wrangling, defence force to reveal spending with Peter Thiel's Palantir.

BUSINESS

MediaWorks counters Aussie report saying Oaktree poised to sell business

19 Mar, 2018 9:06am
3 minutes to read

This adds to speculation that Oaktree is looking to exit the local media business.

Place in the wrong hands, Facebook can be used in ways that undermine democracy. Photo/File.

BUSINESS

Facebook's recurring nightmare: People keep exploiting its power

19 Mar, 2018 6:37am
5 minutes to read

Revelations about a data firm show how dangerous Facebook can be in the wrong hands.

BUSINESS

Trampoline park to pay ex-staff member more than $6500

19 Mar, 2018 11:00am
2 minutes to read

Tauranga company to pay former staff member more than $6500.

Alice Little works at the infamousm Moonlite Bunny Ranch in Las Vegas. Photo/Instagram

BUSINESS

A day in the life of America's 'highest-earning sex worker'

13 Mar, 2018 6:55am
4 minutes to read

She describes herself as a psychologist, relationship coach and sexpert rolled into one.

BUSINESS

Liam Dann: Flat market highlights housing woes

18 Mar, 2018 12:23pm
5 minutes to read

COMMENT: House prices in Auckland aren't soaring any more but that doesn't solve problem.

Priority One chief executive Nigel Tutt says the regional research institutes are designed to bring research and science closer to local industries, in this case those in and around horticulture in the Bay. Photo / File

BUSINESS

Multimillion-dollar research institute to open this year

19 Mar, 2018 6:30am
3 minutes to read

Last year Govt said it would give $8.42m towards PlantTech research institute.

BUSINESS

Liquidator investigates house building firm's transactions

17 Mar, 2018 6:00am
6 minutes to read

Cancian said there was no physical money transferred and it was just paper transactions.

Uber's aggressive expansion strategy has seen the company quickly burn through investor money. Photo/123RF.

BUSINESS

Uber burns through $10.7b of investor money in nine years

7 Mar, 2018 8:40am
5 minutes to read

Uber's earnings aren't quite as high as you'd expect.

Forestry export are set to grwo by morte than 11 per cen this year, MPI says. Picture/Hawke's Bay Today.

BUSINESS

NZ's primary exports set to rise by 11 pct - MPI

19 Mar, 2018 1:01pm
2 minutes to read

This is the largest annual increase since 2014.

Honda's super mower is claimed to be able to top 200km/h. Photo / Supplied

Technology

This lawnmower is faster than your car

19 Mar, 2018 1:51pm
2 minutes to read

Farmers, handymen and Bogans, how fast can you cut your grass?

Helen Long and Andrew Hardie accept the supreme Ballance Farm Environment Award. Photo / Supplied

Technology

Tararua dairy farm wins Horizons Region award

19 Mar, 2018 12:35pm
3 minutes to read

Sustainable and profitable farming were showcased at gala awards evening.

Technology

Why this bubble is ready to burst

19 Mar, 2018 9:49am
6 minutes to read

This graph is incredible — and terrifying.

BUSINESS

Tararua dairy farm wins Horizons Region award

19 Mar, 2018 12:35pm
3 minutes to read

Sustainable and profitable farming were showcased at gala awards evening.

Aimee Burton, founder of South Island-based The Vege Plot. Photo / Supplied

BUSINESS

Harvesting South Island vegetables to order

12 Mar, 2018 6:00am
5 minutes to read

Aimee Burton talks about how an ultimatum got her started on her business journey.

BUSINESS

Huge crackdown on bitcoin

30 Dec, 2017 8:08am
Quick Read

BUSINESS

Should KiwiSaver should be mandatory?

30 Dec, 2017 3:43pm
Quick Read

Garage Project co-founder Jos Ruffell and craft brewer Laura Bell aboard a Singapore Airlines A380. Photo / Dean Purcell.

BUSINESS

NZ craft beer brand flying high at 37,000 feet

17 Mar, 2018 5:00am

4 minutes to read

BUSINESS

Hawaii just got a whole lot cheaper

17 Mar, 2018 5:00am
8 minutes to read

Sunseeking Kiwis are in for more good deals as Hawaiian Air and Air NZ go head to head

The luxury Silver Spirit cruise ship in Palermo, Sicily, where it is being stretched. Photo / Supplied

BUSINESS

Watch: How to stretch a luxury cruise ship

13 Mar, 2018 9:22pm
2 minutes to read

What happens if your luxury ship is too small? Cut it in half and add more.

Project Auckland

Canadian PM Justin Trudeau, left, laughs with Dan Doctoroff, chief executive officer of Sidewalk Labs, during an event in Toronto. Photo / Bloomberg

BUSINESS

Can a tech company build a city? Ask Google

15 Dec, 2017 8:30am
6 minutes to read

Peter Jackson's stage set for Rivendell in the Lord of the Rings trilogy, gives the viewer the impression of use and legacy over generations. Photo / File

BUSINESS

The case for slower cities

15 Dec, 2017 8:20am
5 minutes to read

The interlinking laneways create a campus feel to the GridAKL innovation precinct. Pictured are the Mason Bros (top), and Madden St buildings. The GridAKL buildings (below) provide flexible co-working spaces and a modern, refreshing environment. Photo / File

BUSINESS

City's innovation corridor

15 Dec, 2017 8:10am
6 minutes to read

Mercury CEO Fraser Whineray, Auckland Mayor Phil Goff, and Cityhop founder Victoria Carter at the launch of Cityhop's PHEV (plug-in hybrid electric vehicle). Photo / File

BUSINESS

Transportation transformation

15 Dec, 2017 8:00am
6 minutes to read

Auckland will host the America's Cup in 2021. Photo / File

BUSINESS

2021 shapes up as a big year

15 Dec, 2017 7:50am
5 minutes to read

BUSINESS

Running the ruler over Phil Goff

15 Dec, 2017 7:40am
8 minutes to read

$Hollywood makes up only a fraction of Los Angeles' economy. Photo / Getty Images$

BUSINESS

A view from the summits

15 Dec, 2017 7:30am
6 minutes to read

ICBC NZ chief executive Karen Hou. Photo / File

BUSINESS

Partnerships for growth

15 Dec, 2017 7:20am
6 minutes to read

BUSINESS

New thinking to solve old problems

15 Dec, 2017 7:10am
5 minutes to read

Restaurant Month saw consumers spend 10.6 per cent more in 2017 than they did during the 2016 campaign. Picture / supplied.

BUSINESS

Heart and Soul

15 Dec, 2017 7:00am
6 minutes to read

It worth acknowledging that there has been good progress made on gridlock in the past few years - and some of us are seeing it. Picture / Dean Purcell.

BUSINESS

Liam Dann: Auckland toll roads fine by me

15 Dec, 2017 6:00am
5 minutes to read

BUSINESS

Can 'Auckland disease' be cured?

15 Dec, 2017 5:01am
4 minutes to read

The event is on Sunday, March 25, and starts at Kowhai Park.

Property

Property Brokers 'Round the Bridges Fun Run/Walk

19 Mar, 2018 12:00am
3 minutes to read

Property Brokers 'Round The Bridges Fun Run/Walk

Property

Mould, holes, cracks ... yours for $260 a week

18 Mar, 2018 12:00pm
4 minutes to read

Rental home deemed a health hazard for Whanganui mum and her six children.

The villa has been in the same family for 118 years. Photo / Supplied

Property

Would you pay $2.5m for this? Derelict home on the block

18 Mar, 2018 5:02am
4 minutes to read

The waterside villa has been in the same family for 118 years.

Brand Insight

brand insight

BRAND INSIGHT

Robot changes soldier's life

13 Mar, 2018 5:00am
4 minutes to read

BRAND INSIGHT

How eggs benefit older people

7 Mar, 2018 5:00am
4 minutes to read

BRAND INSIGHT

Car does your thinking for you

27 Feb, 2018 5:00am
4 minutes to read

BRAND INSIGHT

New apartments not for sale

27 Feb, 2018 5:00am
5 minutes to read

BRAND INSIGHT

Face-to-face with the future

26 Feb, 2018 5:00am
4 minutes to read

Ports of Auckland accessed government funding to show LED floodlights could work in a harsh environment. Photo / supplied.

BRAND INSIGHT

New funding for anti-emissions

23 Feb, 2018 5:00am
4 minutes to read

BRAND INSIGHT

NZ – Australia's other state

23 Feb, 2018 5:00am
5 minutes to read

BRAND INSIGHT

Kiwis still in the dark on eggs

22 Feb, 2018 5:00am
5 minutes to read

BRAND INSIGHT

Vehicle of the future starts up

13 Feb, 2018 5:00am
5 minutes to read

Baby formula firm a2 Milk was the top performer on the NZX 50 this year. It soared 278 per cent to $8.05. Photo / Mark Mitchell

BUSINESS

Stellar year on NZX but slowdown likely

23 Dec, 2017 5:00am
7 minutes to read

2017's growth has to be considered in the context of last year's declines, expert warns.

Currency converter:

Amount: From this currency: To this currency:

The kiwi dollar traded at 73.27 US cents this morning, down only slightly from yesterday. Photo/File.

BUSINESS

NZ dollar stable before release of GDP data

15 Mar, 2018 8:42am
2 minutes to read

The GDP figures are expected to show the economy accelerated in the fourth quarter.

Currency table:
Current as of 19/03/2018 08:00 AM NZT
	NZD	AUD	USD	EUR	GBP
NZD	1.0	0.935	0.722	0.587	0.517
AUD	1.068	1.0	0.771	0.627	0.553
USD	1.384	1.295	1.0	0.813	0.717
EUR	1.702	1.592	1.229	1.0	0.881
GBP	1.930	1.806	1.394	1.134	1.0

Woolworths - owner of the Countdown chain in New Zealand - has stolen the momentum from Coles. Photo / Getty Images

BUSINESS

Christopher Niesche: Coles spin-off big step for Wesfarmers

19 Mar, 2018 5:00am
5 minutes to read

COMMENT: Wesfarmers is hoping bigger isn't always better.

New laws could allow Xi Jinping to stay in power indefinitely. Photo / AP

BUSINESS

Liam Dann: China is changing and we need to talk about it

11 Mar, 2018 5:00am
5 minutes to read

COMMENT:US trade drama has overshadowed important changes in China that we need to digest.

Latest Business Video

BUSINESS

Focus: Agency boss: Advertising can’t be a white boys club anymore

11 Mar, 2018 5:00am
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BUSINESS

The pillow that reduces snoring

11 Mar, 2018 5:00am
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BUSINESS

Garage Project's high altitude beer tasting session

11 Mar, 2018 5:00am
2:58

BUSINESS

Hawaiian Airlines ozone monitoring across the pacific

11 Mar, 2018 5:00am
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BUSINESS

Focus: Dilmah Tea reveals its secret ingredient

11 Mar, 2018 5:00am
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BUSINESS

Focus: Start-up incubator ready to take Kiwi companies global

11 Mar, 2018 5:00am
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BUSINESS

The new Terminal 4 at Changi Airport in Singapore

11 Mar, 2018 5:00am
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BUSINESS

Economy Hub: New GDP data - why do we care?

11 Mar, 2018 5:00am
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BUSINESS

The world’s first self-piloted air taxi in Canterbury

11 Mar, 2018 5:00am
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Latest from True Commercial

Waikato's historic Rangiriri Hotel is to go to auction on April 12. Photo / Supplied

Rangiriri pub has served patrons for 150 years

17 Mar, 2018 5:00am
Quick Read

The land and buildings housing an historic Waikato country pub is for sale.

The warehouse and office property leased to Husqvarna at 51 Aintree Ave, Mangere. Photo / Supplied

Airport Oaks industrial leased to Husqvarna

17 Mar, 2018 5:00am
Quick Read

A large and modern warehouse leased to Husqvarna Group Ltd is for sale.

The 14-level SKHY apartment block at 5 Hohipere St, Newtown in which three ground floor units are for sale. Photo / Supplied

Street level units in city fringe tower

17 Mar, 2018 5:00am
Quick Read

Three new commercial workshop units with car parks are for sale in Newton.

The property at 15-17 Saturn Place, sits beside the elevated SH18, offering great exposure for tenants. Photo / Supplied

Visibility and accessibility in Albany

17 Mar, 2018 5:00am
Quick Read

Building for sale in Albany is a prime investment with easy access to two motorways.

Aaron Smith with the drone he uses to take free aerial photos for his clients. Photo / Supplied

Don't be drones – use them

17 Mar, 2018 5:00am
Quick Read

Reluctance to embrace new technologies is holding commercial property market back.

Unit E 1, The Concourse, is leased until March 2021, with two five-year rights of renewal. Photo / Supplied

Gaming bar offers chance to win

17 Mar, 2018 5:00am
Quick Read

Investment property occupied by a fully licensed gaming bar/lounge is for sale.

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