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Economy

Associate Justice Minister Nicole McKe

Nearly $12m in seized money going to anti-meth, gang programme

Money from the proceeds of crime is going towards fighting meth and gang-related harm.

Politics

1:11pm

Calbee snack packages in color and black and white in Tokyo.

Japanese snack packages turn black-and-white due to Iran War

As the Iran war depletes ink supply, 14 of Calbee Incorporation's products will be affected.

World

Wednesday 4:57pm

Under the legislation, companies face fines of up to $5 million, or three times the value of any commercial gain or transaction linked to the breach — up from the current $600,000 maximum.

Bill to crack down on misleading pricing introduced

Under the legislation, companies face fines of up to $5 million, or three times the value of any commercial gain or transaction linked to the breach — up from the current $600,000 maximum.

Business

Wednesday 12:45pm

Kiwibank (file image).

Partial Kiwibank sell-off back on Government agenda

The bank has been instructed to once again look at its options for long-term growth, including the possibility of partial privatisation.

Business

Wednesday 11:47am

Specialists Anthony Matesic, left, and Dilip Patel work on the floor of the New York Stock Exchange, Monday, May 11, 2026.

Oil prices rise as Iran war drags on, but US stocks hang near records

Oil prices rose on Tuesday as the war with Iran threatens to drag on, but the US stock market is nevertheless hanging near its record heights.

Business

Tue, May 12

Associate Justice Minister Nicole McKe

Nearly $12m in seized money going to anti-meth, gang programme

Money from the proceeds of crime is going towards fighting meth and gang-related harm.

Politics

1:11pm

Calbee snack packages in color and black and white in Tokyo.

Japanese snack packages turn black-and-white due to Iran War

As the Iran war depletes ink supply, 14 of Calbee Incorporation's products will be affected.

World

Wednesday 4:57pm

Under the legislation, companies face fines of up to $5 million, or three times the value of any commercial gain or transaction linked to the breach — up from the current $600,000 maximum.

Bill to crack down on misleading pricing introduced

Under the legislation, companies face fines of up to $5 million, or three times the value of any commercial gain or transaction linked to the breach — up from the current $600,000 maximum.

Business

Wednesday 12:45pm

Kiwibank (file image).

Partial Kiwibank sell-off back on Government agenda

The bank has been instructed to once again look at its options for long-term growth, including the possibility of partial privatisation.

Business

Wednesday 11:47am

Specialists Anthony Matesic, left, and Dilip Patel work on the floor of the New York Stock Exchange, Monday, May 11, 2026.

Oil prices rise as Iran war drags on, but US stocks hang near records

Oil prices rose on Tuesday as the war with Iran threatens to drag on, but the US stock market is nevertheless hanging near its record heights.

Business

Tue, May 12

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Oil tankers sit at anchor offshore in the Strait of Hormuz off Bandar Abbas, Iran, Saturday, May 2, 2026.

Is the US dollar's dominance of the oil market over?

After weeks of blockades by Iran and the United States in the Strait of Hormuz, it’s clear the narrow waterway is now pivotal to the outcome of the conflict.

Business

Sun, May 10

Composite image: Dianne McCauley

What does a retired widow with a high-needs dog spend at the supermarket?

This Northlander ran her own business until she was 70 but now survives on the pension alone.

Life

Sat, May 9

Local school leavers flocked to Porirua’s careers expo this year.

Students cram into careers expo amid high youth unemployment

The expo at Te Rauparaha Arena on Tuesday was designed for students, school leavers and anyone who wanted to find education or a career pathway.

New Zealand

Fri, May 8

The sunny yellow block (left) is New Zealand made product, while the American butter from grain fed cows is a paler tone.

Why the world is getting NZ's best as we eat cheap imports

Butter is far from the only item with a higher price when made in New Zealand

Business

Fri, May 8

Captain Raman Kapoor and his crew of 24 have been stuck in the Persian Gulf, waiting for the Strait of Hormuz to reopen.

Captain of ship trapped by Strait of Hormuz closure hoping 'sanity prevails'

Captain Raman Kapoor and his crew of 24 have been stuck in the Persian Gulf, waiting for the Strait of Hormuz to reopen.

World

Thu, May 7

Far North ratepayer Gail Olliver says ever-increasing council rates and other costs are forcing her off her lifestyle block.

Northlander forced off land as region's rates to top $370m

Northlanders' rates payments are expected to climb to $374 million in the coming financial year, as a Kerikeri district ratepayer says years of cumulative rates increases are forcing her off her land.

Politics

Thu, May 7

1News' Mei Heron explains what New Zealand's "fuel-for-food" agreement will mean for the two countries, as the war in the Middle East threatens supply.

NZ fuel stocks fall across all types after recent highs

In-country and on-water stocks have retreated from recent highs after a burst of shipments was absorbed into the supply chain.

New Zealand

Wed, May 6

Wall street district in New York City with USA flags in the background stock photo.

Wall Street rallies to records after oil prices ease

Many companies kept reporting bigger profits for the start of the year than analysts expected.

Business

Wed, May 6

With American butter landing on New Zealand shelves, Federated Farmers national dairy vice-chair Bex Green joins Breakfast to explain why it's cheaper than the homegrown stuff.

How can foreign butter (and vege) be cheaper than NZ-made?

How can food products that travel into New Zealand from other countries end up being cheaper than those produced locally?

Business

Wed, May 6

Westpac.

Westpac posts $545 million half-year profit

The bank said it was a 19% fall compared with the previous six months, but a 4% increase compared with the same period last year.

Business

Tue, May 5

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Inland Revenue (IRD) (file image).

It's almost tax season: Will you get a refund?

Here's what you need to know as Inland Revenue starts sending out tax refunds.

Business

Tue, May 5

Oil tankers sit at anchor offshore in the Strait of Hormuz off Bandar Abbas, Iran, Saturday, May 2, 2026.

Oil prices jump as uncertainty rises about Iran war

The jump follows escalations in the Middle East that may undermine the ceasefire in the US war with Iran.

Business

Tue, May 5

Home loans.

Major bank hikes some fixed-term mortgage rates

All the major banks have increased rates in recent weeks.

New Zealand

Tue, May 5

Financial Markets Authority chairperson Craig Stobo.

Markets regulator chair quits after probe finds neutrality rules broken

A King's Counsel's investigation concluded there was "just cause" for the minister to recommend Stobo's removal from the Financial Markets Authority board.

Politics

Mon, May 4

BNZ (file image).

BNZ posts reduced $494m half-year net profit

BNZ said the profit was down 37.9% on the previous year due to a one-off reduction it its software assets.

Business

Mon, May 4

First house at 17, first million by 32: Steve Goodey talks property investment

First house at 17, first million by 32: Steve Goodey talks property investment

In the latest in our 'Finances after 50' series, we talk to an investor, property coach and author about riding the ups and downs of the property market.

Life

Mon, May 4

In this photo taken with a slow shutter speed, traffic moves past a sign for a Mobil gas station on Wednesday, April 29, 2026, in Portland

Profit for biggest US oil companies fell in first quarter, but only on paper

It's a setback on paper only, the result of financial hedges that backfired after the US and Israel launched attacks on Iran in late February.

Business

Sat, May 2

Oil prices yesterday hovered near their most expensive levels since the conflict began.

Petrol price relief may be short-lived as global oil costs surge

According to fuel price app Gaspy, the average price of 91 earlier today was $3.24 a litre — down around 5% over the past 28 days.

New Zealand

Fri, May 1

Nick Smith told Breakfast he was concerned for tourism and wanted to "keep Air New Zealand honest".

'Disappointed but not surprised' - Nelson mayor on more Air NZ cuts

Since the conflict in the Middle East began, the national carrier has faced sharp cost increases and reduced the amount of services to multiple regions as a result.

Business

Fri, May 1

Houses in Wellington (file image).

Number of house sales in March highest since 2021 – prices stable

The latest property report by realestate.co.nz said, despite the increase in activity, the market is showing "levels of stability we have not seen in recent history".

New Zealand

Fri, May 1

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