Business

Insurance

Insurer Youi fined $100k for misleading sales practices

The Insurance Council considered terminating the company's membership.

'This type of advertising is of particular concern' - Trustpower fined over 'misleading' broadband offer

The Commerce Commission said important terms were hidden in the small print.

02:15
The Commerce Commission is warning retailers not to exaggerate price reductions.

Bike Barn accused of misleading customers over sale prices

The Commerce Commission claims the retailer's sales were not such a great deal.

Air NZ reports highest ever earnings

The record $663 million pre-tax profit was driven by higher passenger numbers and lower fuel prices.

01:52
Dogs and domestic pets will be welcome to check in and stay at Christchurch's newest central city hotel.

The animals went in two by two: Christchurch hotel opens its doors to pets

After a $15 million refurbishment a central city hotel decided to do things differently.

03:13
In a major change in position the government is now agreeing to implement a raft of changes designed to keep trusts in check.

Tax experts pleased with changes to foreign trust laws, despite some secrecy

Labour says New Zealand's reputation has already been damaged, after the Government failed to act three years ago.

Moa beer.

Marlborough brewer questioned over nearly 50% jump in fizzing share price

The NZX has queried Moa's recent share price, but the beer maker says it's following disclosure rules.

SYDNEY, NEW SOUTH WALES - APRIL 07:  Detail of the Westpac bank on April 7, 2016 in Sydney, Australia. Prime Minister Malcolm Turnbull on Wednesday reprimanded the banking industry for its treatment of customers and recent financial advice scandalls  (Photo by Cameron Spencer/Getty Images)

Banks decline to follow Westpac's move to slash interest-only loans

Westpac announced plans to cut its interest-only terms to five years from 15 years, citing the build-up in investor activity.

01:56
A campaign to reduce youth unemployment in the city is focusing on youth-friendly employers.

Dunedin businesses' new push to help city's struggling youth find careers

The YES scheme has 40 employers attached and also helps youths prepare for jobs.

Video: New, sleek solar powered cars unveiled by Chinese company

The Beijing-based company said the cars can be charged in daylight while being driven.

00:31
Volkswagen New Zealand’s General Manager Tom Ruddenklau says he’s disappointed with the company’s deception.

Massive US Volkswagen settlement for emissions cheating won't affect NZ owners

The car maker will spending billions paying owners and buying vehicles backs.

02:08
The offending Yuan were purchased by a businessman, who says he nearly got into a lot of trouble in China.

ANZ investigates claims Palmy branch issued counterfeit Chinese cash

Two businessmen pre-ordered Yuan for a trip to China, but say six of their banknotes were fake.

03:27
Eden Park is proposing just four big concerts a year but residents in the area have expressed opposition.

Eden Park launches bid to be Auckland's number one concert venue

Today, capacity at Auckland's largest venues including Mt Smart and Western Spirngs has been limited to about 50,000.

Kiwi Regional Airlines

Kiwi Regional Airlines grounded after less than a year

It was founded last year by Ewan Wilson, behind the failed Kiwi International Airlines in 1994.

The luxury apartment boasts outstanding views of Auckland.

Way too good to be true: Auckland property scammers take advantage of 'housing crisis'

ONE News has discovered overseas scammers using legitimate property websites to fleece Kiwis of their deposits.

00:42
Michael Horton told Q&A readers and viewers will be forced to pay for content on NZ news websites or risk being served click bait, tabloid stories.

Former NZ Herald publisher predicts pay walls to ensure quality journalism

Michael Horton told Q+A readers and viewers will be forced to pay for content or risk being served click bait, tabloid stories.

01:26
Three major banks (BNZ, ANZ and Westpac) last week announced moves to limit foreigners from buying New Zealand housing.

A closer look at who or what is really pushing up Auckland’s property prices

Three major banks (BNZ, ANZ and Westpac) last week announced moves to limit foreigners from buying New Zealand housing.

04:10
It's no surprise when potential buyers want a meth test done, but it may be a surprise who carries out the test.

No current regulations or standards for meth testing on Kiwi homes

Real estate businesses said independent parties should be testing the homes not their agents or managers.

04:10
It's no surprise when potential buyers want a meth test done, but it may be a surprise who carries out the test.

'There's conflict of interest' - Kiwi homebuyers' shock at real estate agents conducting meth tests

There are currently no standards or regulations for P testing, leading to confusing advice.

01:23
Finance Minister Bill English today confirmed he was in discussions with the Reserve Bank about debt-to-income ratios.

Labour open to debt-to-income ratios if investors are targeted

Debt-to-income ratios limit the amount someone could borrow for a house based on what they earn.

Multi-million dollar Customs tech project delayed once again

Treasury documents show the $135m Joint Border Management System is in trouble again.

The Rotorua-born star of the Oklahoma City Thunder is big news in the States, as Jack Tame explains.

'Are you serious?' - SKY service crashes as Kiwis tune into NBA game seven

Basketball fans hoping to watch the crucial game quickly vented their displeasure on social media.

Raw: Idea for 'racist' wash yourself clean detergent ad may have been taken from Italians a decade ago

The Coloreria Italiana ad transforms a shaggy white guy into a buff black man.

'For the last time, good evening' - Hilary Barry's final farewell

Mike McRoberts held hands, farewelling his long-time colleague.

00:35
Passengers on board a Barrier Air flight have told ONE News the aircraft’s door opened above Auckland.

Engineers inspect plane after door opens on Whangarei to Auckland flight

As the Barrier Air aircraft approached Auckland its single door opened, alarming those on the flight.

Budget generic 1

Budget preview: Funding for CYF, healthcare but not first home buyers expected

It is anticipated significant spending will be announced at 2pm today for Child, Youth and Family.

02:12
This budget is expected to focus on providing more accommodation for low income families and the freeing up of more land in Auckland.

First home buyers set to be disappointed with Budget

The Government has ruled out any new measures to help young buyers get into the property market.

02:06
Over 68,000 people have migrated here in the last year, bringing an economic boost, but also a few problems.

Budget to deliver $20 million for rural tourism boom

New figures show more than three million tourists visited New Zealand during the past year.

The Sunshine Coast chocolate shop Chocolate Country ad.

Can you go without your phone, not grunt? Aussie business challenges 'socially inept' Millennials

The ad calls for a teenager to "relieve the burden from their parents of having to pay for everything".

03:35

Taumarunui's tourism industry on the right track thanks to historical rail venture

Using a once thriving train line, farmer Ian Balme turned the old tracks into a busy business

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