Business

Mercury Energy returns record profit while southern competitors suffer

The electricity generator and retailer's net profit benefited from 15 per cent rise to $184m.

It looks like Brodie isn’t alone in her frustration of the network upgrade.

Sky TV profit takes massive 21 per cent hit, as subscribers plunge by 33,000

Profit slid to $116m from $147.1m in the 12 months ended June 30 2017.

01:57
Experts say there's been a major increase in young people investing in shares in recent years.

With home ownership a distant dream for young Kiwis, new wave of investors taking to stockmarket

Experts say there's been a major increase in young people investing in shares.

03:18
The new headquarters for Giltrap Group is totally different.

Visit the $40 million eco-building to be filled with Bentleys and Aston Martins

The new headquarters for Giltrap Group is totally different.

09:32
His name is Gordon Bayne although, these days, he seems to prefer the name George.

On the trail of a serial offender who, according to his customers puts the 'con' into concrete

His name is Gordon Bayne although, these days, he seems to prefer the name George.

03:49
Kerepehi, in Waikato, is growing after an old dairy factory was turned into an ice-cream making plant that exports everything to China.

'We want to roll out the red carpet, not the red tape' - small town revitalised by Chinese-led investment

Kerepehi is growing after an old dairy factory was turned into an ice-cream making plant.

01:54
The local industry is now ranked as the world's most competitive.

New Zealand apples in hot demand and growers are struggling to keep up

The local industry is now ranked as the world's most competitive.

01:03
Manager of Xero, Craig Hudson, reports findings that tax is the number one concern for small businesses heading into the election.

Tax hikes number one concern for NZ small business this election

New research finds almost half of small business owners believe the amount of tax they pay will be impacted post-election.

02:00
A top economist says the billions of dollars of Chinese investment is badly needed.

Expo to bridge the cultural barrier between Chinese and New Zealand builders

Event organises aim to target Kiwi scepticism at Chinese developers.

New Zealand stockbroker fined $400,000 for market manipulation

The High Court Judge deemed the boutique investment firm portfolio manager manipulated the NZ stock market twice in 2014

01:44
Customers at some outlets can now pay just a fraction of a garment's price and pay later - but experts are warning them to be careful.

New layby pay system reaches NZ, concerned consumer watchdog calls on Commerce Commission to investigate

Buyers own the items after making the first weekly payment in the new model.

02:06
The law changed in February after concerns raised in the leaked Panama Papers.

New disclosure rules sees sharp drop in registered foreign trusts

New rules came into effect in February after last year's Panama Papers investigation showed New Zealand was being used to hide assets and cash.

01:44
A plan to rescue part of Cadbury's Dunedin operation is gathering momentum.

Save our Pineapple Lumps! Campaign launched to keep production running at Dunedin's Cadbury factory

Manufacturing is due to finish at the Cadbury factory in March next year.

02:29

Should New Zealanders start tipping in restaurants?

You can't escape it in the US, but Deputy Prime Minister Paula Bennett is keen on it becoming more common here.

00:59
The PM says he TPP "has taken on a bit more relevance as a strategic agreement at a time when the US has pulled back".

TPP has more 'relevance as a strategic agreement' with US out and unpredictable North Korea – Bill English

"We want to get on with the job of working with like minded countries to achieve our trade objectives."

00:56
Barry Coates says the deal now has none of the benefits and all of the disadvantages

'Really razor-thin benefits' – New TPP deal is worthless, says Green Party trade spokesperson

"There are a lot of costs for New Zealand, but without the US there are even tinier benefits."

06:54
We break out the secret cameras and drill down on the tradesman.

Aucklanders urged to watch out for 'fastest' locksmiths who leave trail of bad locks and big bills

A Fair Go investigation was prompted by two customers and three locksmith firms that complained about Locksmith Auckland's business practices.

07:57
It is the reason more and more people are installing monitored alarms, but are they really being monitored?

How do you ensure you're getting the peace of mind you've paid for from alarm monitoring companies?

The sad truth is for many of us, buying and installing a burglar alarm may be no guarantee of beating the bad guys.

02:02
Ubco has partnered with an American technology group to help launch the bikes overseas.

Kiwi electric farm bike ready to go global

Ubco has partnered with an American technology group to help launch the bikes overseas.

02:27
The Belt and Road initiative is based on the ancient Silk Road trading routes.

China kicking off ambitious new trade plan

The Belt and Road initiative is based on the ancient Silk Road trading routes.

03:43
Horticulture New Zealand acting CEO Richard Palmer says poor weather has created considerable shortages of certain crops like lettuce and broccoli.

Can't afford high-priced veges? Choose seasonal options, and spare a thought for farmers during difficult growing season

Horticulture NZ's CEO says it's not only a hard time for consumers - but for farmers too.

04:50
At the Marlborough end of the broken coastal highway, businesses that depend on through traffic are near breaking point.

'We've become the biggest cul-de-sac in NZ' - is enough being done to help NZ's small towns hit hard by earthquakes?

At the Marlborough end of the coastal highway, businesses depending on traffic are near breaking point.

Reserve Bank leaves OCR unchanged at 1.75 per cent

Governor Graeme Wheeler hasn't brought forward the timing for a hike as many were expecting.

02:32
Auckland Property Investors Association are reviewing relationship with Alan Fong after he sent a controversial DVD to members.

Property investment coach labelled 'dishonest' after advising buyers to target the vulnerable

Auckland Property Investors Association said they were unaware of the content of Ron Hoy Fong's video.

00:36
Mondelez International has taken more than $100 million in dividends out of New Zealand in recent years.

Cadbury denies stripping assets before Dunedin factory shutdown decision

Mondelez International has taken more than $100 million in dividends out of New Zealand in recent years.

02:00
More than 100 buildings in the capital have been identified as having potentially dangerous frontages which could fall down in a quake.

List of Wellington buildings needing facades earthquake-proofing to be announced

Owners of buildings with unreinforced masonry have until March next year to complete the work.

Unemployment fell from six to five per cent in three months to December, but many workers are trapped in the wrong jobs.

Construction boom helps unemployment rate fall back under five per cent

However, it isn't all good news as annual wage inflation remained flat.

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