The Reserve Bank is renewing its warning that inflation is too high and businesses and workers need to lower expectations to avoid a deeper than expected recession and higher interest rates.

A forestry company is allowed to drive seven piloted logging trucks a day on Queen Charlotte Drive.

A Nelson-based organisation that aims to grow Aotearoa’s blue economy has received government funding to get it off the ground.

The US tech giant is building large data centres here and has been courting senior ministers for months.

ANZ says flood damage in the North Island is still affecting traffic data and supply chains, but the data is consistent with the slowdown in retail spending.

Profits for the country’s biggest retailer, The Warehouse, have been more than halved as trading slowed and margins fell for most parts of the business.

A record $20 million was taken from New Zealanders by scammers last year as a cybersecurity advisor warns cyber-criminals are becoming more sophisticated.

Prime, high quality office space in Auckland is back in demand as more companies bring staff back to the central business district.

The housing market has gone quiet, triggering the biggest sales slump in nearly 40 years.