Australian inflation is at zero, in a huge sign something has gone horribly wrong in the economy.The Australian Bureau of Statistics reported that the change in consumer prices between the start of January and the end of March was... Source: NZ Herald Business News
The Canadian-based manager of NZX-listed Vital Healthcare tried to lobby a senior Minister to curb what it described as "aggressive tactics" by ACC to lower management fees. The move has been condemned by the New Zealand Shareholders'... Source: NZ Herald Business News
A Kiwi 12-year-old 'princess' has won the battle with her 'giant' and it looks like her story will have its own happily-ever-after ending.Katharina Weischede started making slime, a stretchy kids' toy made from glue, water, borax... Source: NZ Herald Business News
COMMENT: Trade Minister David Parker has firmly committed New Zealand to China's Belt and Road Initiative, putting an end to speculation that domestic political differences would stand in the way of a New Zealand work plan being... Source: NZ Herald Business News
COMMENT: My partner and I are both 63 and plan to retire from full-time work when we reach 65, although we may continue to work part-time. We will have our mortgage paid off very shortly.This question is on behalf of my partner.... Source: NZ Herald Business News
COMMENT: The large number of high-profile Wall Street initial public offers (IPOs) raises the well-worn question: why hasn't the NZX had an IPO since May 2017 when Oceania Healthcare listed? By contrast, the ASX has had 163 IPOs... Source: NZ Herald Business News
Pure Cann New Zealand, which counts former Air New Zealand boss Rob Fyfe as its executive chair, has secured $6 million from Australia's Cann Group for a 20 per cent stake in the local medicinal cannabis company.The investment will... Source: NZ Herald Business News
Mad Butcher Albany in Auckland has closed its doors for good.The butcher business, operated by Soncam Limited, closed on Wednesday and was placed into liquidation. Notices have since been put up on the doors of the store. Peter... Source: NZ Herald Business News
Facebook is suing a New Zealand company for US$9.4m ($14.1m) in a California Court, claiming that it sold fake followers on Instagram, which is owned by the social network.The action was announced in a post today by Facebook Director... Source: NZ Herald Business News
The S&P/NZX 50 Index fell back below 10,000 after becoming the most expensive across Asia based on forward-looking metrics. Blue-chip stocks including Spark New Zealand, Goodman Property Trust and Ryman Healthcare were among those... Source: NZ Herald Business News