The Queenstown hotel building boom continues with IHG set to open a new Holiday Inn in Queenstown Remarkables Park to meet strong tourist demand.The 182-room hotel is set to open n early 2021. Holiday Inn Queenstown Remarkables... Source: NZ Herald Business News
New Zealand shares edged higher in the final day of April trading, capping a 1.8 per cent gain for the month that saw the benchmark index cross the 10,000 level for the first time. The S&P/NZX 50 Index increased 1.06 points, or... Source: NZ Herald Business News
The New Zealand dollar eased after weaker-than-expected manufacturing data in China signalled a risk of a further slowdown in the world's second-largest economy.The kiwi was trading at 66.62 US cents at 5pm in Wellington from 66.70... Source: NZ Herald Business News
Summerset Group has scaled back its development programme temporarily due to the slowdown in the housing market, particularly in Auckland and Christchurch.The retirement village operator was quizzed about its development pace by... Source: NZ Herald Business News
Crown agency Callaghan Innovation has finally delivered its verdict on whether it will continue a $5 million a year R&D grant extended to Auckland wireless charging startup PowerbyProxi - it will.PowerbyProxi was bought by Apple... Source: NZ Herald Business News
The government has put up 2200 sq km of Taranaki land for potential oil and gas drilling in the first block offer since imposing tight restrictions on the sector last year.The long-awaited document out today outlines strict new... Source: NZ Herald Business News
The cost of consulting Hawke's Bay people over the possible sale of Napier Port doubled, exceeding its budget by $100,000.A paper being presented to Hawke's Bay Regional Council on Thursday states the cost of consulting the public... Source: NZ Herald Business News
The NZ Herald's premium digital subscription service is close to launch — and we're proud to say business is a key part of the offering.At a time when any business or investment can be disrupted from the other side of the world,... Source: NZ Herald Business News
An accountant is warning people to be wary if they received an "accidental tax refund" over the Easter/ Anzac holiday period and says it is likely the money will have to be paid back to the tax department.Jason Topp of SMYD Chartered... Source: NZ Herald Business News
Insurance Australia Group - New Zealand's largest general insurer - says its customers who live in areas prone to natural disasters and severe weather may have to pay more for insurance.From July 1 the insurer will take more account... Source: NZ Herald Business News