Business

00:45
Coloreria Italiana released the 'Coloured is Better' advertisement in 2007.

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

NZ apple industry picked as world's best

For the second year in a row, the New Zealand apple industry has taken top spot among its global competitors.

The Subaru logo is displayed on top of the Fuji Heavy Industries Ltd. headquarters in Tokyo, Japan, on Wednesday, Dec. 12, 2012. Fuji Heavy Industries president Yasuyuki Yoshinaga said the Subaru carmaker delayed making a decision on its U.S. capacity expansion as slumping demand in China and Europe gave the company more room to ship vehicles to America. Photographer: Akio Kon/Bloomberg via Getty Images

Subaru issues recall of 52,000 Legacy and Outback vehicles

The recall is due to a potential steering failure, which affects cars worldwide.

02:13
Internet gambling tycoon Calvin Ayre is wanted in the US on charges of money laundering and illegal online gambling.

One of America's most wanted men linked to Dunedin-based trust

Internet gambling tycoon Calvin Ayre is wanted in the US on charges of money laundering and illegal online gambling.

02:23
New tax data shows three per cent of buyers were classed as "foreign tax residents".

'A lot of NZers are probably surprised' - property expert says speculation fuelled foreign buyer fears

Information released yesterday showed the level of foreign investment in NZ between January and March was 3%.

02:45
Their names were uncovered in a joint ONE News investigation into the complex web of transactions.

Auckland PR queen and Kiwi billionare named in Panama Papers web

The late Allan Hubbard, a Canterbury businessman, and his wife were also named in the papers.

Online GST bill passed for overseas purchases

GST will be imposed on "intangibles" such as e-books, music and videos under a bill that has been passed by Parliament.

APN shares in trading halt as NZ media outlets face potential shakeup

Australian media reports suggest APN is considering merging its NZ assets with Fairfax.

Our nation's reputation has been damaged by the Panama Papers leak, says Labour leader Andrew Little.

Mexican tycoon the 'Duke of Influence' placed $145m in NZ trusts to avoid tax

Maltese investors who had been denied from nine overseas banks were also able to place money in Kiwi trusts.

'A public broadcasting service is at the heart of democracy' - NZ First lashes Government over RNZ funding

NZ First says "starvation funding" is forcing RNZ to consider selling assets.

This photo illustration show newspaper front pages of media group Fairfax in Sydney on May 7, 2014. Struggling Australian newspaper group Fairfax revealed on May 7 that another 70 editorial and photo positions are set to be axed, including at The Sydney Morning Herald and The Age in Melbourne. AFP PHOTO / Saeed KHAN        (Photo credit should read SAEED KHAN/AFP/Getty Images)

Fairfax signals end to weekday SMH and Age papers

The newspapers have been in print since 1831 and 1854 respectively.

03:27
The extra staff will enable the OIO to follow up on any commitments foreign buyers make.

Overseas Investment Office receives resources boost following controversial sale of Taranaki farm

The office is now under investigation for allowing the sale of a Taranaki station.

01:51

'The personal cost is too high' - Mark Weldon quits as MediaWorks boss

The resignation comes after a turbulent time in which Hilary Barry announced she was leaving the company that owns TV3.

Aussie entrepreneur reveals himself as Bitcoin founder 'Satoshi Nakamoto'

Australian businessman Craig Wright has told three news organisations he is the mysterious Bitcoin founder.

Moving new Olympic ad shows special bond between mums and elite athletes

The video shows a US gymnast, Brazilian volleyballer, Chinese diver and German runner overcome obstacles during their childhood.

Air services deal between NZ and India hailed as tourism boost

An air services deal between New Zealand and India opens the way for code-sharing on flights between the two countries.

John Key

Key promises a strong budget to address economic and social issues

Prime Minister John Key is promising the Government will deliver a strong budget this month.

01:57
If you’re fond of a feijoa, you might want to take note.

Guava moth taking a fancy to NZ feijoas

The guava moth is making a mess of this year's crops.

01:38
Having secured almost half the market some are concerned Z Energy's ability to influence over petrol prices.

Fears Z Energy's takeover of Caltex could influence pricing

The AA is concerned the deal gives Z more market power to control prices.

Air NZ and tradie Logan Dodds release epic Kiwi OE video

The national airline partnered with Dodds to experience all New Zealand has to offer.

02:03
Critics say if housing was properly dealt with, the Reserve Bank could have lowered the rate and offered help to borrowers.

Corin Dann: Did the housing market force RBNZ's hand?

The decision to hold the OCR shouldn't be seen as end of the current cutting cycle, writes our political editor.

New Zealand Currency

Reserve Bank keeps OCR at record low of 2.25 per cent

"The main domestic risks relate to weakness in the dairy sector and the decline in inflation expectations."

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