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2degrees overcharges customers by hundreds of dollars

2degrees has admitted to overcharging customers who paid their bills yesterday, with some people complaining that hundreds of dollars have been taken from their accounts. The broadband company took to social media this evening to... Source: NZ Herald Business News

By | October 19th, 2022|Business|0 Comments

Online investment platform InvestNow warned over anti-money laundering obligations

By RNZ The Financial Markets Authority has given an online investment platform a formal warning for failing to comply with anti-money laundering requirements, despite being aware of its shortcomings.Te Mana Tātai Hokohoko... Source: NZ Herald Business News

By | October 19th, 2022|Business|0 Comments

Robertson family to sell Wairarapa's Dry River Wines to Wellington businessman

The American family of the late billionaire Julian Robertson are selling the New Zealand winery investment business Dry River Wines to a Wellingtonian.Jay Robertson, chief executive of Robertson Lodges and a spokesman for the family,... Source: NZ Herald Business News

By | October 19th, 2022|Business|0 Comments

Netflix shares rocket after it reports return to subscriber growth

Netflix shares jumped 14.3 per cent to US$275.86 in after-hours trading after it reported a return to subscriber growth - and forecast further gains.The streaming giant said it added a net 2.41 million subscribers worldwide during... Source: NZ Herald Business News

By | October 18th, 2022|Business|0 Comments

Home buyers potentially paying $500 more per week in interest repayments

One Auckland first-home buyer is already preparing to pay an extra $500 per week on his home loan as rising interest rates start to bite.Liam Patten paid just over $1 million when he bought his three-bedroom Pakuranga home in July... Source: NZ Herald Business News

By | October 18th, 2022|Business|0 Comments

Continuous Disclosure: How KiwiSaver could be used to unlock more potential in local businesses

KiwiSaver has grown to be worth more than $90 billion but much of that money is invested in foreign companies.The reason for that is diversification. As investors we don't want all our eggs in one basket - investing all of our money... Source: NZ Herald Business News

By | October 18th, 2022|Business|0 Comments

The Front Page: Recession, mortgage shock, inflation – How hard will economic storm hit Kiwi families?

Bankers, economists and politicians are ringing the recession alarm bell around the world. Economists in New York recently told a group of New Zealand businesspeople a recession was likely – and this message is also starting to... Source: NZ Herald Business News

By | October 18th, 2022|Business|0 Comments

Why women entrepreneurs today need Theresa Gattung's $2.5m pledge to get ahead

Too many Kiwi women entrepreneurs struggle to get funding or just find time to work the hours needed to establish a new business. Jane Phare talks to the head of a university-based centre aimed at supporting female entrepreneurs in... Source: NZ Herald Business News

By | October 18th, 2022|Business|0 Comments

New multi-billion dollar village planned for Ōwairaka Mt Albert by Marutūāhu-Ockham

Plans have been launched for a new multi-billion-dollar Auckland "village within a city, an urban kāinga" of 40 new apartment buildings with more than 3000 units on land within the established suburb of Ōwairaka Mt Albert.... Source: NZ Herald Business News

By | October 18th, 2022|Business|0 Comments

Media firm Stuff proposes changes to newsrooms but won't say if jobs will be lost

Media firm Stuff is proposing changes to some of its newsrooms but has declined to say if it will result in job losses.The Herald understands positions are under review in several regions where the company has a presence. Stuff's... Source: NZ Herald Business News

By | October 18th, 2022|Business|0 Comments