Silver Fern Farms has confirmed it will be going ahead with the closure of its sheepmeat plant near Ashburton – affecting 370 workers.

NZ’s political leaders must up their game and deliver better long-term transport and infrastructure planning, says the head of the country’s biggest freight company.

New Zealand’s financial system has a clean bill of health, with fears over high house prices and dairy debt reduced but still under scrutiny, the Reserve Bank says.

Despite record production, the Tiwai Point aluminium smelter paid as much for electricity as it made in gross profits this year because of rising electricity prices, its majority shareholder says.

Efforts to reduce the amount of unhealthy food advertising targeting children are being panned before they have even been introduced.

Analysis – KFC’s deal to sponsor the Rugby League World Cup caused a ruckus, but others have also taken money from businesses in health advocates’ firing lines.

The country’s biggest transport company, Mainfreight, has reported a record annual profit on the back of solid growth in freight volumes in its home markets and Europe.

Strongly performing financial markets, increased education and stronger enforcement are being credited with a rise in investor confidence.

A company wanting to mine iron sand off the South Taranaki coast has rejected accusations its proposal would wreck the marine environment.

Farmers say the Budget missed out on investing in biological and environmental science to back up their work to improve water quality.