NZCity NewsLinks -

Finance

19 Jul 2025

Search

Crunch time for credit rules - FSF
Specialist lenders are urging lawmakers to strike the right balance on the country’s consumer credit rules.

Cybersecurity bosses increasingly worried about AI attacks, misuse
Nearly a quarter of cybersecurity bosses said their companies have experienced an attack powered by artificial intelligence in the past year.

Auckland man first in NZ sentenced over possession of tax evasion tools, says Inland Revenue
Gurwinder Singh faced charges of tax evasion and aiding and abetting his company for possessing ESST for the purpose of evading the assessment and payment of tax.

Fair Work slaps down Australian dad’s work-from-home request to help care for school-aged kids
The dad wanted to remain working-from-home twice a week to help care for his children.

Kiwi e-commerce brands have the chance to leapfrog big brand names
Do all the small things right with your e-commerce website from displaying recent customer reviews to having good website speed, says Omer Hazer, Atlas Studios MD.

Carter Holt Harvey proposes 5-7% timber price rises in October but biggest builder hits back
New Zealand's busiest house builder v timber giant on price rises planned from October 1.

Wellington Live owner told to pay former worker almost $30,000
Joseph Parr took the company owned by mayoral candidate Graham Bloxham to the Employment Relations Authority, complaining he was constructively dismissed while working as the social media site’s head of digital marketing.

The online gunseller with Donald Trump Jr on its board makes its market debut. Shares plunge
Shares of GrabAGun spiked at first but then sank, closing down nearly 24%.

Lower Hutt restaurant Well Sushi fined $30,000 for exploiting vulnerable migrant worker
The man, who was on a sponsored work visa, was owed more than $50,000 in wage arrears.

Company behind manmade mountain of debris liquidated owing $2.9m
Eco Earth NZ Ltd was forced into liquidation by its landlord. Both are subject to enforcement orders by Auckland Council.

Media Insider podcast: Markets with Madison host Madison Malone – why I’m going it alone; the rise of independent journalists
Going it alone: Business show host on her new path and the demise of tall poppy syndrome.

Air India crash: Boeing 787 fuel control switch probe finds no issues
Investigation details disclosed to pilots after switches face srutiny.

Stuff crowned Media Business of the Year
Risk-taking and positivity honoured by prestigious awards.

Molesworth Station manager of 24 years, Jim Ward, resigns suddenly
Crown-owned Molesworth Station is home to the largest cattle herd in the country.

Investment company Morrison’s secret link to OpenAI’s Project Stargate
Morrison has invested in a US firm providing the underground fibre cables.

Export prices and interest rates ‘help cement economic recovery in 2026’
Infometrics forecasts 2 per cent annual GDP growth by late 2026, with agriculture and falling mortgage costs playing key roles.

Kiwi who stole $23.5m in gold and silver from his 90-year-old dad is sent to jail in US
'Treacherous, deceitful and calculated caper' blamed on elderly man's girlfriend.

Surge in complaints against advisers
Complaints about mortgage, insurance and wealth advisers made up the largest number of cases investigated by Financial Services Complaints Ltd (FSCL) in the year to the end of last month.

United Airlines profits dip but company says world getting ‘less uncertain’
Revenues rose 1.7% to US$15.2 billion, compared with the previous year.

Food shock: Prices soar in June as fruit and veges follow butter and cheese spike
The latest Selected Price Index shows food price inflation continues to rise.

Businesses to save $90m a year as Commerce Commission tackles interchange fees
It costs Kiwi businesses about $1 billion a year to accept Visa and Mastercard payments.

Commerce Commission chairman John Small defends LinkedIn post about Uber
John Small said his LinkedIn post was intended to show how competition works in practice.