The tax department can soon provide information on tax debts to credit-reporting agencies.
Business
9:35am
It's been a year of grim economic news – unemployment has been up, GDP down and consumer confidence weak.
Friday 6:35pm
The Finance Minister says with the completion of the ultra-fast broadband fibre initiative, there's no longer a policy reason for the Crown to own Chorus.
Friday 6:21pm
2:16
Last year, more than 20 retailers were forced to vacate the space at Nelson's 244 Hardy Street, after cladding issues left it earmarked for demolition.
Friday 11:57am
1:31
In this Re: News partnership with Department of Conservation (DOC), Ngamako Rota (Waikato) talks about finding the balance between being an urban Māori, while also being connected to her whenua back home.
Environment
Sponsored by Department of Conservation
The co-operative has agreed to sell major brands like Mainland and Anchor for $3.845 billion.
Thu, Oct 9
The Reserve Bank has cut the official cash rate by 50 basis points, but what will that actually mean for households?
"We want to see taxpayer money supporting Kiwi businesses to grow, hire, and thrive," Economic Growth Nicola Willis said.
2:20
"Regrettably and without foundation, we assumed Sir Peter Jackson and Dame Fran Walsh were responsible for the decision. However, we were wrong," the Chocolate Fish café owners said.
1:30
Yesterday the Reserve Bank slashed the Official Cash Rate by 50 basis points - down to 2.5% - while also signalling it would be "open" to further cuts.
But with prices now trading at US$4000 (NZ$6900) an ounce, is this the result of solid fundamentals or just fear of missing out?
The survey showed slowing demand, more staff cuts, and reduced investment and profit expectations.
Tue, Oct 7
ASB chief executive Vittoria Shortt said: “The settlement brings to an end four years of legal proceedings and provides certainty for us and for our customers."
The minimum number of days NZ Post is required to deliver mail for both urban and rural areas has been lowered.
A number of rates have come down in the past week ahead of a widely-expected cut to the official cash rate.
European firm Dawn Meats understood to be interested in taking 65% stake or shareholder equity may be wiped out.
Mon, Oct 6
The High Court said the country's largest insurer misled customers through pricing errors and discount failures, causing $35 million in overcharges.
The Commerce Commission said the actions likely deceived customers who sought multiple, competitive quotes "in good faith".
The changes come ahead of a widely anticipated cut to the OCR on Wednesday.
New Zealand and Australia trade ministers vowed to deepen economic ties amid changes in the global market.
Sat, Oct 4
A major Japanese beverage producer says it has been hit by a cyberattack that left its operations disrupted for the fifth day today.
The Government has announced it will be investing in more funding for natural pharmaceuticals, as it aims to boost exports for what it described as a "fast-growing" sector.
New Zealand Food Safety advised people who had purchased the product to not consume it and return it to the store for a full refund.
Fri, Oct 3
The Financial Markets Authority says fewer than than one-third of Kiwis were confident that they knew how to complain.
The retailer, formerly known as Panda Mart, has previously been subject to recalls involving toys, bikes, baby walkers and other children’s products.
Sam MacKinnon from Hospitality New Zealand said axing the Level 1 qualification could make the subject less attractive for students.