Economy

00:41
The leak at the Marsden Point Oil Refinery continues to cause problems at Auckland Airport.

Refinery boss says 'NZ doesn't need to be embarrassed' about damaged pipeline

Thousands of travellers have had their plans disrupted after the 170km pipeline started leaking.

different cuts of fresh raw

Kiwi lamb exports to UK drop to record low

Just 1274 tonnes of frozen lamb made its way to the UK from New Zealand in August.

New Zealand currency fifty dollar note money

NZ dollar falls against pound on hints of Bank of England hikes

The main event ahead of Saturday's election is likely to be gross domestic product figures for the second quarter.

A mixture of New Zealand Bank notes and coins.

Kiwi dollar tumbles to four-month low

The dive comes as the latest political poll puts the Labour Party back on top.

02:05
The cheapest 500g block was $3.32 12 months ago, now it's $5.39.

Why has butter got so expensive in New Zealand?

The cheapest 500g block was $3.32 12 months ago, now it's $5.39.

01:07
The National Party leader says the move by Labour to U-turn on its tax plan will not hurt his party.

Watch: 'Labour has expensive promises' – Bill English says 'real test' for Labour is actually income tax

Labour announced no form of capital gains tax will be implemented after this election.

00:55
The Labour leader says her party is balancing "the need for urgency" and giving Kiwis certainty they're asking for.

Watch: 'My call' - Jacinda Ardern takes responsibility for pulling the plug on tax plan

Labour leader does massive flip-flop over concerns they're losing votes over tax clarity.

01:58
According to the Commerce Commission, 42 per cent of complaints made under the Fair Trading Act related to online spending.

Viagogo, LuxStyle Aps, Trade Me and Deal Man top list of most complained about online retailers by Kiwi shoppers

In the 2016/2017 year, 42 per cent of complaints were about being misled were related to online shopping.

A mixture of New Zealand Bank notes and coins.

Kiwi dollar holds gains after latest election poll result

The poll showed National could rule alone after the election.

New New Zealand 10 dollar and 5 dollar notes and coins.

Kiwi dollar gains on yen as risk appetite grows

Today, the kiwi rose to 60.62 euro cents from 60.29c late yesterday.

04:41
China's Premier has confirmed the superpower will start upgrading the deal next month.

Government to negotiate new $30 billion China free trade agreement

The agreement includes deals on dairy, forestry and wood processing exports, and online and digital trade.

The Labour Party Leader pledged the issue was a focus, saying "the target's gotta be zero’".

Labour plans to see 'fewer logs shipped offshore' under new forestry policy

"We will bring back the New Zealand forestry service," Ardern says.

01:21
The Finance Minister did not back down over his analysis of Labour's budget on TVNZ1's Breakfast.

Watch: 'Is there a $11.7 billion hole?' Hilary Barry goes at Steven Joyce who insists there was - until Labour 'changed their story'

Mr Joyce's statements of a fiscal shortfall in Labour's plan have been widely discredited by economic experts.

Auckland, New Zealand - January 11, 2014: New Homes on January 11, 2014. House prices are booming around New Zealand - with the average price of an Auckland city home rocketing to $735,692.

New property listings 'fall 17.5 per cent' in August

All regions experienced a drop, except for Hawke's Bay and the West Coast.

Dairy prices inch up as milk powder falls

There were 140 winning bidders out of 173 participating at the 15-round auction.

Average Auckland house price rises to nearly $920k during month of August

Barfoot & Thompson says Auckland's average house price rose 1.2 per cent in August.

A mixture of New Zealand Bank notes and coins.

NZ dollar falls amid North Korea tensions

The US ambassador to the UN, told the Security Council Kim Jong Un was "begging for war.

How much should wealthier people pay in taxes?

Vote Compass: What you think about... taxing the wealthy

Thousands have used the online tool. Here's what they said, in detail, about tax for the wealthy.

Kiwi exporters release wishlist for future government

"The single biggest policy issue is whether there is support for TPP-11 and other key potential trade deals."

01:17
The National Party leader says New Zealanders can have social and environmental objectives, but also have tax breaks.

Video: Bill English defends National's proposed tax cuts in leaders debate in face of latest shock 1 NEWS poll result

Mr English says Kiwis can have social and environmental objectives, but also tax breaks.

A mixture of New Zealand Bank notes and coins.

NZ dollar falls on North Korean missile launch

News that a cattle disease had been detected on another three properties also weighed on the currency.

A mixture of New Zealand Bank notes and coins.

Kiwi dollar claws back losses against Euro

A senior trader at Kiwibank, said the kiwi is just grinding a bit higher against the euro after an "almighty move".

01:51
Dann says the Treasury books are going to show an extra $1.5 billion each year in the budget for the next government.

Treasury predicted to reveal extra $1.5 billion surplus for new Government to spend

Treasury opens its books today to show how much the new Government will have to spend.

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