New Zealand's total petrol and diesel fuel stocks fell slightly, while jet fuel stocks increased, MBIE's latest data showed.
Business
2:33pm
Finance Minister Nicola Willis revealed her third Budget at Parliament today. Here’s how the Opposition parties responded.
Thu, May 28
Governor’s casting vote tips call at 2.25% but warns interest rates are “very likely” to rise amid mounting inflation pressure.
The facility was touted to create jobs, strengthen local supply chains, and give South Island businesses better access to international markets.
Wed, May 27
The Reserve Bank of New Zealand will release the latest Official Cash Rate decision at 2pm.
BNZ Business Breakfast was given a behind-the-scenes look inside Faradays, the new department store currently under construction and set to open in August.
The theft of the data was described as preventable, alongside being "neither technically sophisticated, nor particularly uncommon" by researchers.
Economists from one bank argue that further hikes are not needed yet, with other forecasters split on how soon the rises will begin.
A Bluff tavern was given the green light despite issues including poor staffing and unidentifiable food in the freezer.
Tue, May 26
The marketing campaign was widely perceived as mocking victims of a bloody military crackdown on pro-democracy protesters in 1980.
Product Safety NZ said the asbestos had been detected in the interior of the product and exposure "would only occur if the product is torn".
Mon, May 25
Budget 2026 has set aside $48 million to cover potential losses from the scheme, Finance Minister Nicola Willis says.
An Australian and New Zealand citizen have been fined after illegally purchasing sensitive Hawke’s Bay farmland, with the arrangement found to be in breach of the Overseas Investment Act.
A commercial property company owner says he fears struggling businesses will either abandon the city or collapse.
Some are relying on credit cards to manage their bills, while others are skipping meals and calling in sick to cope.
Diesel bucked the trend, climbing by around three days of cover.
"While the immediate effect has been higher fuel prices, that’s only one piece of the puzzle."
Amid concerns over performance and a US-led anti-woke backlash, the appetite for putting hard-earned savings into companies with a conscience has fallen off a cliff.
Environment
Sat, May 23
Everlane was founded in 2011 by Michael Preysman and Jesse Farmer with a mission to produce eco friendly and affordable clothing.
The S&P 500 added 0.8% and pulled closer to its all-time high set in the middle of last week.
Air New Zealand's new Christchurch-to-Perth route is to service the increasing number of New Zealanders working in mines in Western Australia, chief executive Nikhil Ravishankar says.
Fri, May 22
CoachMate, which helps volunteer coaches keep kids in sport, is expanding offshore after landing a breakthrough partnership with European football’s governing body.
The prospectus did not put a dollar figure on the amount Musk hopes to raise, but various reports have put it at US$75 billion (NZ$127.1 billion) or so.
Hawke's Bay mayors have written to McCain asking the international company to pause its closure of the Hastings processing plant.
Thu, May 21
Former Far North mayor considers taking over beleaguered timber mills that are facing closure with the loss of about 200 jobs.
