New Zealand’s housing market has a 40 percent chance of going bust in the next two years, according to the investment bank.

Some earthquake-affected businesses are very close to collapse, a new group set up to advocate for them says.

Bad weather and holidays have knocked activity in the services sector.

Record vehicle sales have driven growth in the retail sector to its strongest level in a nearly a year.

Fairfax Media’s New Zealand business has been included in a revised $A2.76 billion takeover bid.

The country’s only rocket company is set to attempt its first commercial launch into space.

More people think it’s a bad time to buy a house and fewer expect prices to rise in the months ahead, the latest ASB survey shows.

The housing market stalled last month as bad weather, holidays and tight bank lending slowed the rise in prices.

Activity in the manufacturing sector remains solid, but is expanding at a slower rate.

The Warehouse Group’s third quarter sales are up slightly, despite a difficult trading period with mixed results across its brand stores.