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23
Mar, 2023

Easing heavy traffic points to flat first quarter for economy

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.

23
Mar, 2023

The Warehouse Group profits plunge amid trading slowdown

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.

23
Mar, 2023

New Zealanders scammed out of record $20 million last year

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

23
Mar, 2023

Technology and public sectors drive growth in prime office space demand

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

23
Mar, 2023

Housing market sees biggest sales slump in 40 years

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

22
Mar, 2023

Rising living costs set to ‘significantly dent household budgets’, economist says

Households face paying an extra $150 a week as inflation and rising interest rates take their toll on budgets.

22
Mar, 2023

Woop paid its French student interns only half of the hours they were working

The company has been ordered to pay $43,000 for paying student interns for only half of the time they worked.

22
Mar, 2023

New Zealanders could pay extra $7 billion for power over next 12 years, report says

Aggressively phasing out natural gas could result in Kiwis paying an additional $7 billion in energy costs over the next 12 years, a report commissioned by the energy industry claims.

19
Mar, 2023

Revolutionary AI is coming for a top earning industry near you

Automation came for the low paid jobs, now AI might be coming for the top earners, Kevin Norquay writes.

17
Mar, 2023

RBNZ ‘confident’ NZ banks ready for any market upheaval

The Reserve Bank has given a vote of confidence in the strength of New Zealand banks and their ability to cope with any financial crisis.

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