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  • Callaghan Innovation funds Larry Ellison's yacht building company

    A New Zealand company owned by multi-billionaire America's Cup arch-rival Larry Ellison, and which has Rich Lister yachtsman Russell Coutts on the board, is getting more taxpayer funding.Warkworth-based Core Builders Composites,...Wednesday, September 26, 2018
  • $24 million Waiheke estate to be auctioned next month after foreigner withdraws

    One of New Zealand's most expensive properties listed for sale goes under the hammer next month after an overseas buyer withdrew due to frustration at our foreign investment regime.David Parkinson said the property he owns at Te...Wednesday, September 26, 2018
  • NZ shares edge up, Fletcher Building leads market higher

    New Zealand shares edged higher as improved confidence lifted building and tourism stocks. Rising oil prices kept investors nervous about higher energy costs for companies, and was identified as a headwind for Air New Zealand at its...Wednesday, September 26, 2018
  • Media merger: public benefit not limited to economic considerations - Appeal Court

    The Commerce Commission has never been limited to balancing strictly economic considerations when gauging whether a merger passes a public benefit test, the Court of Appeal says. The court earlier this week declined Stuff and NZME's...Wednesday, September 26, 2018
  • NZ dollar rises on improved business confidence

    The New Zealand dollar was buoyed by improving business confidence ahead of local and US monetary policy decisions tomorrow.The kiwi traded at 66.70 US cents at 5pm in Wellington versus 66.47 US cents at 8am in Wellington and 66.40...Wednesday, September 26, 2018
  • Want your first home? You'll need to spend $700 a week on your mortgage, report says

    A typical Auckland first-home buyer would need take on a $600,000 mortgage and pay more than $700 a week just to get a foothold in the market.That's according to financial website interest.co.nz's latest Home Loan Affordability...Wednesday, September 26, 2018
  • NZ economy may have hit 'pothole' in August - ANZ Business Outlook

    Business confidence lifted in September, suggesting the economy may have hit a "pothole" last month, according to ANZ's latest Business Outlook.The bank said 38 per cent of respondents to its Business Outlook survey expected conditions...Wednesday, September 26, 2018
  • Countdown shopping baskets going missing following plastic bag phase-out

    Shopping baskets at one Auckland Countdown store are dropping by the day.Countdown Orewa has reportedly been left with just 10 shopping baskets, down from 200, after the store stopped providing single-use plastic bags last month.Countdown...Wednesday, September 26, 2018
  • Air New Zealand to revamp its staff uniforms

    Air New Zealand will start work on a new uniform this year and plans to introduce it in its next generation of long-range planes.Chief executive Christopher Luxon said the current uniform had been the most popular in the airline's...Wednesday, September 26, 2018
  • The super helpful plug-in that will stop you screaming at your computer

    If you're like me, when you spend time online it doesn't take long until you have an almost endless number of tabs open.It's like an internet version of hoarding — you never know when you might need that tab. I'll definitely come...Wednesday, September 26, 2018
  • Cooking the Books podcast: The NZ family man saving 50 per cent of his income

    Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's the strategies one New Zealander uses to get financial independence. Hosted by Frances Cook. Listen to "Cooking...Wednesday, September 26, 2018
  • Amnesty: Firm at Qatar 2022 World Cup not paying wages

    DUBAI, United Arab Emirates (AP) — A contractor involved in building the marquee stadium for Qatar's hosting of the 2022 World Cup did not pay its workers, leaving them stranded thousands of miles from home, according to a report...Wednesday, September 26, 2018
  • Rising fuel costs pressure Air New Zealand earnings

    Jet fuel prices have risen above the assumed average for the current financial year of US$85 ($127.37) a barrel in recent weeks, Air New Zealand's chairman, Tony Carter, warned shareholders today.However, the national carrier made...Wednesday, September 26, 2018
  • Comment: When and how to recall a product

    COMMENT: Needles in strawberries, mobile phones in mince, alcohol in ginger beer…. New Zealand has seen a flurry of high-profile product recalls in recent weeks. Deciding when to recall (or not) and how to do it are choices that...Wednesday, September 26, 2018
  • Moving to escape the neighbours and traffic: Kiwis tell why they sold their homes

    Most Kiwis who sold their homes recently wanted to upgrade to a better property, while others simply wanted to get away from their neighbours and Auckland's traffic, a new survey has found.The 2018 Perceptions of Real Estate Agents...Wednesday, September 26, 2018
  • Wife of Malaysia's ex-PM arrives for questions in 1MDB case

    PUTRAJAYA, Malaysia (AP) — The wife of Malaysian former Prime Minister Najib Razak arrived Wednesday at the anti-graft agency for questioning over alleged theft and money laundering involving the 1MDB state investment fund.Rosmah...Wednesday, September 26, 2018
  • Into the fold? What's next for Instagram as founders leave

    SAN FRANCISCO (AP) — When Kevin Systrom and Mike Krieger sold Instagram to Facebook in 2012, the photo-sharing startup's fiercely loyal fans worried about what would happen to their beloved app under the social media giant's wings.None...Wednesday, September 26, 2018
  • Air New Zealand: First the apology, now fare increases

    Air New Zealand is pushing up some prices on a number of domestic routes by up to 8 per cent and $10 each way across the Tasman, a corporate travel agent says.These are the latest in a series of price increases this year for the...Wednesday, September 26, 2018
  • Clouds on horizon as trade wars, debt weigh on Asia's growth

    BANGKOK (AP) — Trade conflicts, rising debt and the potential impact from rising interest rates in the U.S. will likely dampen growth in the coming year, the Asian Development Bank said Wednesday in an update of its regional economic...Wednesday, September 26, 2018
  • NZME appoints Katie Mills as chief marketing officer

    NZME has appointed Katie Mills as its chief marketing officer. Mills, currently group marketing director at education and training provider Aspire2 Group, will start at NZME in December."Katie is both a high performer and a supporter...Wednesday, September 26, 2018

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