An airline lobby group says some carriers may abandon New Zealand due to high airport fees and government charges as profits are hit by the coronavirus outbreak spreading around the world.The Board of Airline Representatives has... Source: NZ Herald Business News
New Zealand shares fell as a sudden increase of coronavirus infections outside Chinese borders unwound earlier confidence the outbreak might be contained. The S&P/NZX 50 Index dropped 216.22 points, or 1.8 per cent, to 11,857.12.... Source: NZ Herald Business News
A humble Takapuna two-bedroom unit has sold for $1.4 million, showing how even a small apartment is now enough to turn Auckland owners into millionaires.The 1960s brick unit at 1/30 Byron Ave boasts just 70sq m of floor space, an... Source: NZ Herald Business News
The New Zealand dollar was little changed amid ongoing concern at the spread of the coronavirus and its likely economic impact.The kiwi was trading at 63.24 US cents at 5pm in Wellington, little changed from 63.11 cents here on... Source: NZ Herald Business News
Rio Tinto reported a $46.2 million underlying loss from its New Zealand aluminium smelting interests in 2019 - despite near-record production.The company owns 79.4 per cent of the Tiwai Point aluminium smelter, which produced 353,293... Source: NZ Herald Business News
An elderly Melbourne couple could be left homeless by Westpac after discovering the mortgage they had been diligently paying off for the past 10 years was based on a "fraud".Miriam Wright, 70, and her husband Michael, 72, made the... Source: NZ Herald Business News
"The ASB has stolen money out of my KiwiSaver." I hadn't even had my breakfast when one of my offspring hit me with this statement one morning in January.The KiwiSaver account in question had dropped a few hundred dollars over the... Source: NZ Herald Business News
COMMENT: Half a billion dollars.That is roughly how much Michael Bloomberg spent to be thoroughly humiliated at this week's Democratic debate.Money can buy all sorts of things in politics. Clearly, competence is not one of them.Since... Source: NZ Herald Business News
Just over a year ago, the Securities and Exchange Commission had launched an investigation into Elon Musk after he tweeted that he planned to take Tesla private. He was facing criticism, and a defamation lawsuit, for calling a Thai-cave... Source: NZ Herald Business News
Flight Centre says its sales to Asia are down 5 per cent following the coronavirus outbreak, with its travel suppliers offering special sale airfares to other parts of the world.The travel agent said its airfares to China were down... Source: NZ Herald Business News