Households continued to feel subdued about current conditions, but were more optimistic when looking further ahead.

TVNZ has posted a large full-year loss as advertising revenue fell and it wrote down the value of assets while signalling more cost cutting. The state owned broadcaster reported a…

The national carrier’s net profit for the financial year is down 65 percent to $146 million.

But one economist says it is too soon to say whether the burst of euphoria would last and flow into business decisions.

Te Mata Garlic’s Chris Morrison is facing allegations of scaremongering by falsely claiming to have been tasked by the Ministry for Primary Industries and other industry bodies to compile data on growers as part of an “industry investigation”.

NZ Steel says the government’s up to $140 million investment in its electric furnace should repay itself in about three years.

Government officials have been quietly exploring how much carbon dioxide could be saved if the country reflooded its peat soils.