01:38
The fund came out of the coalition agreement between Labour and NZ First.

Government's $1 billion regional growth fund: First recipients announced, so who gets what?

The Government has announced over $60m to fund regional projects, the first outlay in its $1b yearly program.

Novi Sad, Serbia - March 24, 2016: Close-up of an unrecognizable woman using the Airbnb App on her Lenovo A916 Android smartphone in a car. Login screen with Facebook and Google sign up options. Airbnb is a service for people to list, find, and rent lodging. It currently has over 1,500,000 listings in 34,000 cities and 190 countries.

No more mouldy, bug-infested apartments: Airbnb unveils new category of rentals rated by inspectors

The program will initially cover about 2,000 properties in 13 cities.

Melbourne, Australia - August 24, 2017: A pedestrian walks past a Michael Hill jewelry store at the corner of Little Collins and Elizabeth Streets in the Central Business District of Melbourne, Australia.

Michael Hill jeweller's first-half profit tumbles

The iconic New Zealand company is exploring options for its US exit.

02:16
Labour is pleased with revised CPTPP, but National says little has changed.

CPTPP trade deal will add up to $4b to economy, says MFAT

The government today made public the controversial 11-country free trade deal's text

The Fairfax Media Ltd. logo is displayed outside their offices in Sydney, Australia, on Wednesday, Feb. 1, 2012. Fairfax Media, Australia's second-largest newspaper publisher, climbed the most in 12 years in Sydney after the Australian Financial Review reported that billionaire Gina Rinehart planned to boost her stake. Photographer: Brendon Thorne/Bloomberg via Getty Images

Fairfax shedding 28 newspapers around New Zealand

The cut represents just over one third of the company's suite of print publications in NZ.

02:55
PM Jacinda Ardern says the new TPP deal cut at this week's APEC summit has new safeguards to protect NZ trade.

Full details of renegotiated TPP deal set to be released today

Changes include a ban on foreign residential home buyers.

Dairy prices down at auction

But the important whole milk powder price was up 0.3 per cent.

01:46
After months of defending the $1 fee, the big Kiwi banks have decided to remove the other bank ATM charge.

BNZ the last big bank to drop 'other bank' ATM charge

The move follows the banks dropping the highly unpopular fee in Australia last year.

A brown marmorated stink bug.

Japanese vehicles targeted by MPI for stink bugs

MPI has introduced new measures to reduce the risk of the insects coming to NZ.

ANZ and Westpac Banks to get rid of other-bank ATM fee

At the moment ANZ customers are charged a $1 fee for using another bank's ATM.

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

Z Energy switches from BP to Mobil-NZ Refining in fuel supply deal

It kicks off one of the transport fuel company's 'Strategy 3.0' projects.

Manufacturing (file).

New Zealand manufacturing activity lifts in January

Businesses have been jittery since the formation of the Labour-led government.

Handcuffs.

Cartels to be made a criminal offence

The Commerce Minister says: "My hope is that the risk of imprisonment acts as a strong deterrent".

Food prices rise at slowest rate in months thanks to bad weather

But butter prices surged 43 per cent in the year to January, reaching their highest-ever level.

A mixture of New Zealand Bank notes and coins.

NZ dollar falls vs Aussie, recovers against US

The Reserve Bank of New Zealand's survey of inflation expectations is due out tomorrow.

Retail card spending jumps in January as Kiwis dine out and buy household items

Spending on credit and debit cards has risen for the fifth month in a row.

Coffee cup (file picture).

Fully compostable takeaway coffee cup created by UK company

Biome Bioplastics has made a cup using natural materials including potato starch.

US Stock market plunges again, enters first correction in 2 years

The rout marked a stark turnabout in investors' mood from just two weeks ago.

New Zealand currency fifty dollar note money

NZ dollar falls after RBNZ keeps rates on hold

It dropped to 58.57 euro cents from 59.98c.

00:45
The rocket went soaring into space in style.

Back to Earth: Tesla's losses grow to nearly $1 billion on Model 3 delays

The company's shares jumped three per cent after SpaceX successfully launched its rocket yesterday.

01:49
Fletcher Building said it expects further 'material losses' in its building and interiors business.

Fletcher Building, New Zealand's largest construction company, asks for trading halt

Fletcher Building said it expects further "material losses" at its building and interiors business with a review of key projects underway.

New Zealand currency fifty dollar note money

Kiwi dollar pares gains on looming RBNZ review

The local currency rose to 79.89 yen from 79.23 yen and gained to A92.68c from 92.18c.

02:16
The NZX had a delayed reaction to the US fall with the market closed on Waitangi Day.

'A dip but not disastrous' as NZ sharemarket responds to Wall Street's meltdown

The NZX closed this evening, down just over half a per cent.

01:59
The International Energy Authority says power prices in NZ have risen much faster than other countries.

Power prices in the spotlight in major Government review of electricity market

Are New Zealanders paying too much for their power? That's the question a new Government review will ask.

'Not just a straight line up all the time' - NZ shares drop two per cent in early trading

Selling has not been as severe as some feared after the US stock market plunged yesterday

00:35
The NZX was closed yesterday, as Wall Street experienced its biggest one-day fall in history.

US stock market rebounds after horror plunge yesterday

The day's trading was still marked by steep up and downs as the market remains volatile.

00:35
The NZX was closed yesterday, as Wall Street experienced its biggest one-day fall in history.

'No-one is suggesting this will cause some kind of recession' – investors watch opening of NZ stock exchange nervously

The NZX was closed yesterday, as Wall Street experienced its biggest one-day fall in history.

New Zealand currency fifty dollar note money

Kiwi gives up gains as USD comes back

Today, the kiwi was little changed at 91.33 Australian cents.

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