The collapsed Australian online trading company has a shortfall of about $20 million.

Earthquake Commission Minister Megan Woods has revealed the major insurer is not accepting new home insurance customers in the capital – not just declining contents insurance.

A Christchurch dairy employee was forced to work 12-hour shifts, seven days a week. Now, the dairy owner has to pay more than $40,000 for worker exploitation.

The High Court has sided with Inland Revenue in a multi-million dollar tax avoidance case involving high profile businessman Eric Watson’s company Cullen Group.

In today’s business news – Restaurant Brands’ takeover is nearly complete and Goodman Fielder is taken over by Singapore firm Wilmar.

Briscoe Group has reported a record full year profit after a surge of sales going into the Chirstmas shopping season.

Line workers are being told they have a strong case for proving they are employees, not contractors, and could be in for a windfall.

An insurance broker says insurance companies not offering new contents insurance in Wellington are protecting themselves.

Unite Union believes at least 200 Vodafone staff have expressed interest in taking voluntary redundancy – and some will be out the door by the end of the month.

Vodafone is offering about 2100 staff the option of voluntary redundancy as it reviews the whole business structure.