Housing Minister Phil Twyford hopes the ban on foreign investors buying existing homes will be in place around February.

The founder of accounting firm Xero is selling down his stake in the company although he’s pledging to keep leading the company.

Sunbathers are dismayed to find two brands of sunscreen were withdrawn for false levels of UV protections and a third had its status downgraded.

Company directors are increasingly concerned about what stakeholders think amid rapid technological changes and skills, a new survey shows.

Relocating the Port of Auckland to Marsden Point doesn’t make sense and some of the other sites suggested aren’t much better, according to the head Mainfreight.

Westpac has been disciplined by the Reserve Bank for breaking the rules meant to keep banks safe against financial crisis.

House prices continue to rise in most parts of the country, but not in Auckland – where the average price is down 3.2 percent on last year.

The country’s biggest transport company, Mainfreight, has reported a marginal lift in its first half as it struggles with quake disruptions at home and weakness in the United States and Asia.

The Broadcasting Minister is alarmed the previous government did nothing to address TVNZ’s declining revenue, despite being warned by officials, she says.

A complaint about Rainbow Youth’s recent “If it’s not gay, it’s not gay” ad campaign has been shot down by the Advertising Standards Authority.