Two men accused of fraud over donations to the NZ First Foundation have been found not guilty by the High Court.The verdicts were delivered in a written decision this morning by Justice Pheroze Jagose, who presided over the pair's... Source: NZ Herald Business News
The European Central Bank raised interest rates overnight for the first time in 11 years by a larger-than-expected amount, joining steps already taken by the US Federal Reserve and other major central banks to target stubbornly high... Source: NZ Herald Business News
Where on earth is Harmon Wilfred?One of New Zealand's longest overstayers has gone missing as the Heartland Bank seeks to serve a $1 million bankruptcy notice on his wife.Harmon Wilfred, now 73, formerly a US citizen, arrived... Source: NZ Herald Business News
Tesla's second-quarter profit fell 32 per cent from record levels in the first quarter as supply chain issues and Covid lockdowns in China slowed production of its electric vehicles.But the Austin, Texas, company still surprised... Source: NZ Herald Business News
Rob Mitchell will retire from his role as chief executive of medicinal cannabis company Rua Bioscience.Mitchell guided Rua's entry onto the New Zealand Stock Exchange (NZX) in October 2020. Rua chair Trevor Burt hailed Mitchell's... Source: NZ Herald Business News
From RNZ The cost of building a new home is increasing at its fastest rate on record, due to persistent labour and material shortages.Property research firm Core Logic's Cordell Construction Cost Index (CCCI), which measures... Source: NZ Herald Business News
Public Interest Journalism funded through NZ On Air Māori Development Minister Willie Jackson says the investment in wāhine Māori businesses is delivering big dividends for the New Zealand economy.Last night at... Source: NZ Herald Business News
When relationships break down and trust is low, employees sometimes enter James Bond mode and want to secretly record conversations with their employer. But is this legal?New Zealand operates under what is sometimes called a "single... Source: NZ Herald Business News
By RNZ Auckland Council is fighting for a controversial hotel bed tax the Court of Appeal has ruled "invalid".The Supreme Court hearing, which is set down for two days, sees the super city's governing body wanting to overturn... Source: NZ Herald Business News
The Government is narrowing the types of investments it wants cashed-up foreigners seeking residence in New Zealand to invest in. It is committing to creating a new "Active Investor Plus" visa category to replace the existing "Investor... Source: NZ Herald Business News