Major change to the entrance to Wanaka is still on the cards, despite a resource consent application being declined earlier this year.Mt Iron Junction Ltd co-owner Stephen Schikker confirmed yesterday he was in mediation with the... Source: NZ Herald Business News
The Dow Jones Industrial Average traded above 30,000 points for the first time Tuesday as investors were encouraged by the latest progress on developing coronavirus vaccines and news that the transition of power in the US to President-elect... Source: NZ Herald Business News
New Zealand business tycoon Sir Ron Brierley faces eight more charges, bringing the total number to 14 for allegedly possessing child abuse material.The 83-year-old multi-millionaire corporate raider was initially facing six charges... Source: NZ Herald Business News
BNZ has joined ASB and ANZ in moving to introduce loan value restrictions on investor lending, ahead of new Reserve Bank rules due in March.BNZ announced today it was returning to its pre-Covid-19 home lending loan-to-value (LVR)... Source: NZ Herald Business News
By RNZ A builder has been fined tens of thousands of dollars for illegally turning a warehouse into a building with offices, car parks and apartments in the central Auckland suburb of Eden Terrace.John Liong Kiat Wong was fined... Source: NZ Herald Business News
US billionaire Gabe Newell has made good on his promise to donate $1 to Auckland's Starship Children's Hospital for every person who watched the livestream of Rocket Lab's latest launch, "Return to Sender" (embedded below). Rocket... Source: NZ Herald Business News
The US National Retail Federation, America's largest retail trade group, expects holiday sales could exceed growth seen in prior seasons, despite all the uncertainty surrounding the pandemic.The reason? Shoppers are looking for... Source: NZ Herald Business News
New Zealand faces a revenue gap of $12.9 billion a year without international visitors. Research for Tourism New Zealand shows that it takes 12 overnight trips from Kiwis to equal the spend of one international visitor and foreign... Source: NZ Herald Business News
Peter Thiel's spook software outfit Palantir has more than doubled in value since it listed on the New York Stock Exchange on October 2 - likely edging the entrepreneur ahead of Graeme Hart to become the richest New Zealand, citizen.Back-of-the-envelope... Source: NZ Herald Business News
An equity investment company has bought the PWC Centre for $60 million, marking the second-largest office building transaction in Christchurch, according to Savills New Zealand.The centre, at 60 Cashel St opposite the Bridge of... Source: NZ Herald Business News