Aussie business icon Dick Smith has slammed Kmart's "sad" decision to manufacture many of its products overseas.The discount department store has come under increased pressure from customers in recent weeks with complaints of low... Source: NZ Herald Business News
Transport Minister Phil Twyford has been accused of conflating the findings of a survey to suggest Auckland light rail has more public support.When he confirmed that the process Cabinet was using to pursue light rail for Auckland... Source: NZ Herald Business News
Justice Minister Andrew Little faces renegotiating a law change designed to offer rent relief to businesses hit by the impact of Covid-19, three weeks after the Government announced it had a deal.As the Herald revealed on Wednesday... Source: NZ Herald Business News
Three options to axe cars from Wellington's Golden Mile have been revealed. The most drastic creates up to 75 per cent more footpath space at the expense of up to 200 car parks. They are part of the latest round of proposals to... Source: NZ Herald Business News
Near-shore oil and gas permits off the Taranaki coast have been exempted from new restrictions proposed to protect Maui and Hector's dolphins.The Department of Conservation today announced an extension of marine mammal sanctuaries... Source: NZ Herald Business News
The Reserve Bank has kept its official cash rate on hold at 0.25 per cent, in line with market expectations, but said the stronger New Zealand dollar had put pressure on export earnings.The central bank, in an emergency response... Source: NZ Herald Business News
By RNZ Consumer NZ is urging disgruntled ticket holders to seek help from their bank over delays in refunds from Dunedin-based company Ticket Rocket.In March, the company announced it would take up to 60 days to refund people... Source: NZ Herald Business News
New Zealand First is said to have pulled support for a bill aimed at forcing landlords to negotiate rent relief with tenants hit by the impacts of Covid-19, at least in its current form.This week Justice Minister Andrew Little was... Source: NZ Herald Business News
By RNZ IAG is proposing to shut its 53 AMI stores and its remaining State store, and move its 350 staff to digital and contact centre roles.About 65 management positions could also be disestablished, however, the company said... Source: NZ Herald Business News
Nearly $50 million in suspicious transactions involving a Kiwi subsidiary of a Hong Kong company allegedly fell foul of anti-money laundering laws, New Zealand's financial markets watchdog claims.The Financial Markets Authority... Source: NZ Herald Business News