Trustpower plans to sell its retail business to rival power company Mercury for $441 million.
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Fishing boats will now have to bring their entire catch back to port – as part of moves to ensure skippers report other wildlife that is accidentally caught.
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Property investor and developer Precinct Properties is to raise $250 million to buy two major Wellington properties – including Bowen House – and reduce debt.
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In an update to the market, the national carrier says it hasn’t drawn down any further on its loan from the government.
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Mainfreight managing director Don Braid hopes staff will see the trial as an opportunity to help the Ministry of Health with the vaccine rollout.
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Rural regions are leading the way in economic growth but New Zealand’s urban areas are expected to catch up in the second half of the year.
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Online services are being restored after a widespread outage that affected major banks, Virgin Australia and Australia Post.
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Economists are warning the tide is turning on rock bottom interest rates, bringing with it the prospect of higher debt costs for households and businesses.
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Out of pocket Auckland businesses trading alongside a giant City Rail Link trench say they may fold before the project is complete.
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The economy has rebounded more strongly than expected as strong domestic spending and building offset the loss of international tourism.
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