Act leader David Seymour has questioned a $45,000 Provincial Growth Fund grant to a company whose use of taxpayer funding has in the past been the subject of scrutiny.Fomana Capital Ltd, run by Port Nicholson Block Settlement Trust... Source: NZ Herald Business News
Proposed changes to KiwiSaver by the Tax Working Group would redistribute wealth by boosting savings for low and middle income earners while reducing that of higher earners.But it would do so in an overly-complicated way which could... Source: NZ Herald Business News
Uber has launched a tipping service in its ridesharing app.From today, New Zealand and Australian users completing a ride can opt to tip their driver either $1, $3, $5 or up to $50 via the customisable option.After rating the... Source: NZ Herald Business News
Waikato wine producer Invivo has teamed up with Sex in the City star Sarah Jessica Parker to develop Sauvignon Blanc and Rosé wines.The collaboration, which Invivo points out is not an endorsement, will see the American actress... Source: NZ Herald Business News
Swiss financial services company UBS expects the Reserve Bank to stand firm on its proposals for New Zealand banks to lift their capital adequacy levels.UBS, in a critique of Reserve Bank deputy governor Geoff Bascand's speech this... Source: NZ Herald Business News
Mainzeal's former director Richard Yan could face claims from his fellow former directors should they have difficulties in meeting their liability for the company's collapse.Justice Frances Cooke noted that in his judgment in the... Source: NZ Herald Business News
Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's the good and bad of a capital gains tax on your KiwiSaver. Hosted by Frances Cook. Listen to "How a capital gains... Source: NZ Herald Business News
Amazon Australia announced a hiring blitz the same day an ABC investigation said the e-commerce giant applied "abusive supervision" to its staff.The online retailer will add 500 permanent jobs in the next 12 months just over a year... Source: NZ Herald Business News
New Zealand shares fell as a large order of Contact Energy shares weighed on rivals Mercury NZ and Meridian Energy; Genesis Energy gained on a better result than expected.The S&P/NZX 50 decreased 41.66 points, or 0.4 per cent, to... Source: NZ Herald Business News
The New Zealand dollar was little changed after failing to break out of the top of its recent trading range and as traders await more details on US-China trade talks.The kiwi was trading at 68.87 US cents at 5pm in Wellington from... Source: NZ Herald Business News