A Christchurch-based economist behind one of New Zealand's biggest investment frauds, ripping off at least 100 people, including several rich listers, in an $80 million deception, has today been jailed for at least eight-and-a-half... Source: NZ Herald Business News
TVNZ has appointed Simon Power as chief executive.Power joins from Westpac New Zealand where he has recently been the acting chief executive.Power missed out on the top job at Westpac when the bank appointed Catherine McGrath... Source: NZ Herald Business News
By RNZ Two freight companies have been accused of cartel behaviour by the Commerce Commission, which has filed civil proceedings in the High Court.The Commerce Commission said Mondiale Freight Services, Oceanbridge Shipping... Source: NZ Herald Business News
A university professor has issued a stark warning about Bitcoin following weeks of turbulence with the cryptocurrency's price.For the sixth week straight, Bitcoin has been in the red, despite hitting an all-time high of nearly US$69,000... Source: NZ Herald Business News
By RNZ Consumer confidence has turned pessimistic in the past three months, as rising mortgage rates and Covid-19 variants weigh on household's appetite to spend.The Westpac Bank-McDermott Miller Consumer Confidence Survey for... Source: NZ Herald Business News
Media company NZME said conditions for its planned acquisition of specialist news website BusinessDesk have been satisfied and the deal is expected to complete in mid-January.NZME, owner of the Herald, announced the acquisition... Source: NZ Herald Business News
Westpac New Zealand has hired two new senior executives.Tania O'Brien has been appointed chief financial officer while Martin Gaskell will be the bank's chief transformation officer. Read More Australian parent will hold on... Source: NZ Herald Business News
OPINION: Last week the Prime Minister confirmed the air bubble that has enveloped the Beehive, her Covid Response team, and her officials in Wellington when she closed Parliament for 2021 with this staggering observation."Now... Source: NZ Herald Business News
A physiotherapist who was "sick and tired" of advising his patients to stop wearing flat shoes has told of how he turned the bugbear into a multimillion-dollar global empire.Daniel Jones, 37, noticed a gap in the market for thongs... Source: NZ Herald Business News
By RNZ An urban myth in Christchurch has seen genuine bank notes being refused and damaged, the Reserve Bank of New Zealand - Te Pūtea Matua says.The rumour emerged this week that a fake bank note can be spotted if it shows... Source: NZ Herald Business News