Latest from Business

Staff perks: ANZ’s exclusive home loan rate revealed

ANZ staff receive a special home loan rate as part of benefits.

Fonterra says full-year earnings will be in ‘upper half’ of range

It has a 40c to 60c per share guidance range.

Why buying a mortgagee sale property can be a risky gamble

The property sold for $770,000, but the tenant claimed its value was $3 million.

$1 billion wiped off Spark's value as profit crashes amid 'longest and deepest recessionary period in recent history'

Telco reveals its first-half numbers - and it's ugly.

Genesis reports strong first half profit

Genesis net profit leaps past $70m in volatile environment.

Ayrburn owner Winton Land suffers profit drop

Luxury developer says downturn has been more severe and prolonged than expected.

Sky TV reclaims Black Caps cricket rights in new six-year deal

The announcement comes after a tough several months of consumer issues for Sky TV.

We must pick a side in AI arms race, Kiwi entrepreneur says

Drones, rockets, aircraft and ships can all be made in NZ, but will they get support?

Markets with Madison: AI arms race

Companies are raising hundreds of billions of dollars to achieve AI supremacy. PrimerAI founder Sean Gourley says it’s not just a tech trend – it’s the only way to deter war.

Kmart and Bunnings' parent company posts profit growth

Wesfarmers leadership say they are confident the New Zealand segment will perform.

DeepSeek, WeChat, other apps banned from MPs’ phones

Read the Beehive directive. Expert says NZ should go further.

‘Do better’: Reserve Bank governor says retail banks' profit margins should be cut

Adrian Orr's comments on Newstalk ZB come after the RBNZ cut the OCR yesterday.

Foodstuffs v Watercare: Peace breaks out over $100m Pak'nSave opening

Pak’nSave Highland Park granted a water connection, enabling it to open on time.

‘Don’t get upset' - Adrian Orr’s mortgage rate warning

Global instability could soften domestic interest rate relief.

Trump car tariff threat puts pressure on stock markets

Global stocks were under pressure after Trump broadened his tariff threats.

Landlord with quarter-kilometre downtown tower plans pushes up profit

New leases in 1HY25 were 22.8% above previous contract rents, company said.

How recent rate cuts could impact your mortgage strategy

Banks are expected to offer more fixed-rate cuts after the Official Cash Rate drop.

‘Customers have less money’ - SkyCity chief on downgrade of full-year profit

Casino company had to spend more money than anticipated in Australia, CEO says.