Stuff : Business (239)

Builder Jaden Melgren lived high life before skipping Queenstown leaving debts and incomplete work

Queenstown builder Jaden Melgren was enjoying a flamboyant lifestyle for at least a year before his business collapsed, abandoned documents show.

Miguel Menezes went from courier driver to millionaire with 14 home property portfolio

He owns 14 properties, four cars, two motorcycles, goes on holiday every six months and he's never had a credit card.

Auckland International Airport wants to become one of the best in the world

Auckland International Airport has aspirations to be one of the world's best airport companies once billions of dollars has been spent upgrading it.

Cover webcam with tape to hide from adult website hackers, authorities warn

Adult website visitors are being told to put tape over their computer webcam to stop hackers secretly filming them to use as blackmail in demand for money.

Kiwis most concerned about fake news and security threats online

Fake news resulting from the United States presidential election has New Zealanders more worried than ever about reading inaccurate or misleading information online.  

Family of four shared bills with strangers after landlord moved new tenants into home

An Auckland family of four was forced to share with strangers after a landlord rented part of a house they were living in to somebody else.

Winston Peters ticks off Prosser over 'dump Contact shares' comments

NZ First leader Winston Peter has ticked off a colleague who claimed the party could buy back electricity shares below market value.

PopUp Business School heads to New Zealand to help entrepreneurs get ideas off the ground

A British pop-up business school that teaches budding entrepreneurs to forget about their business plan is heading to Wellington.

Cavaliar warns of breaching bank covenants if poor trading repeated

Carpet maker Cavalier says a repeat of the past year's poor performance raised the risk it might breach banking covenants,.

Chows lose against Stonewood founder

The Chow brothers' company which took over the failed Stonewood Homes business has failed in a legal claim against the franchise founder Brent Mettrick​ and a former business partner Tony Anderson.

'If you've got shares in Contact, get rid of them now': NZ First

A New Zealand First MP has warned investors to "get rid of" shares in Contact Energy, as it renews its promise to recreate a state-run electricity giant.

Millennial Money: Debt can be the devil, but sometimes you need it

Being in my 20s means Game of Thrones, caffeine, and loud flatmates usually keep me up at night.

ASA upholds ad that tries to make fun of workplace safety

An advertisement that tried to take a funny stance on a workplace accident has not received the reaction it hoped.

Sky TV investigating how it came to block Twitter users

Sky Television is investigating how it came to block a number of people from following the company on Twitter, insisting it doesn't have a policy of censoring its critics. 

Renters v Landlords: The horror stories from Renters United report

Renters United's report on tenants' experiences paints a picture of some renters feeling trapped in an existence of instability in poor-quality rental houses. The People's Review of Renting contains anonymised extracts from 610 renters' experiences, crowdsourced by the Action Station online ...

Air New Zealand just seems to get things right across the board

Air New Zealand's reputation as one of the smartest airlines in the world has helped it land its second highest profit in the fact of "unprecedented" competition.

Northern link road between West Coast to Tasman region raises red flags

Building a new road between the upper West Coast and Tasman could cost up to $900 million and would probably not offer any savings to travel times, a report has found.

A2 Milk posts record profit on strong Chinese demand

New Zealand's a2 Milk Co Ltd said on Wednesday its full-year profit nearly tripled in 2017 to hit its highest-ever level, fuelled by soaring demand for its infant formula products in China.

Launch Taranaki partners with New Zealand Venture Investment Fund

Startups in Taranaki are getting an extra boost in funding opportunities with the partnership of two investment firms.

Hollywood actress inadvertently promotes Auckland Council development plans

An oversight has seen a Hollywood actress appear to be endorsing a controversial development in the heart of Takapuna on Auckland's North Shore.

Windflow sorts $21m debt, agrees to Gebbies Pass turbine conditions

Twin blade wind turbine electricity generator Windflow​ has struck a deal to repay its $21 million debt to major shareholder David Iles.

Rules change for neighbours and apartment dwellers fighting over UFB

Several thousand people who have had trouble ordering ultrafast broadband because of access issues and objections from neighbours are being advised to give it another try.

Facebook, Google defend their tax figures amid Australian audit

Internet giants Facebook and Google have been grilled about how much they really earn in Australia during a parliamentary inquiry into corporate tax avoidance, amid concerns about an "extraordinary discrepancy".

Cone and the Marlburian: Len Shaw has ice cream business licked

The chimes of his trusty ice cream truck have barely faded when children come running from all directions.

Report says more should be done to help elderly tenants

Kinsa Hays, 75, had never been a renter before she sold her home in Opotiki 10 years ago.

Leaving Auckland airport's traffic woes out of $10.5b transport package 'shocking'

Business leaders are fuming after the main road to Auckland International Airport was left of National's $10.5 billion election transport package.

Cadbury says its sales hold up after Dunedin shock choc exit

Cadbury chocolate sales have been "holding up" after a decision by owner Mondelez International to close its Dunedin factory next year, the company says.

Auckland councillors urged to ditch Easter trading hours

Auckland councillors are set to keep shops shut over Easter, ignoring calls to overhaul Easter trading laws.

Sky TV boss more worried about pirates than streaming

This story was originally published on and is republished with permission.

Conman ruined woman's credit score

Brooke McGregor and her boyfriend had got themselves into a great position.

Renters United report calls for caps on annual rent rises

A tenants' advocacy group is calling for an end "no fault" evictions by landlords, and to limit annual rent rises to no more than the percentage change in the national minimum wage.

Chris Hartshorn: How your smart meter could change your life

OPINION: Imagine a world where taxis help cover peak electricity demand, or your social media could remind you to close the fridge. It's easy if you try.

Business not as attractive to Maori leaders

Businesses are being urged to take the initiative to create a work environment that will attract Maori talent. When she started her career in the public sector 20 years ago, regional director of the New Zealand Transport Agency, Parekawhia McLean knew she wanted her work to make a difference to ...

Renters v Landlords: the argument for regulation

In a damning report based on over 600 renters' horror stories, tenant advocacy group Renters United has called for heavy-handed regulation of private landlords.

Report says more should be done to help elderly tenants

Kinsa Hays, 75, had never been a renter before she sold her home in Opotiki ten years ago.

Peter Cullen: CEO salaries no longer private

OPINION: The chief executive of one of Australia's biggest accounting associations has been sacked by the board and given a A$4.9 million pay-out.

Business park attracts attention and tenants

There is going to be "a lot of building" at Te Rapa Gateway Business Park in the next 18 months to two years, NAI Harcourts sales consultant Theo de Leeuw says.

Evil Genius unveils new co-working space

The entrepreneurs behind Christchurch's first co-working space at Ferrymead have held an opening party to celebrate a new way of doing things.

Business park attracts attention, tenants

There's going to be "a lot of building" at Hamilton's Te Rapa Gateway Business Park in the next 18 months to two years.

Big interest in suite of revamped townhouses

A group of eight 1980s Warren and Mahoney-designed refurbished townhouses at 18 Salisbury St are being sold as an opportunity for an investor or for individual sales.

Clutha District Council tops debt-free list in Otago in national ratepayers' report

Dunedin City Council's "basket case" financial state got a slamming in a New Zealand Ratepayers' Report released on Tuesday.

Public stoush over Auckland Council's plans to sell prime land to developers

A councillor describes it as a "field of dreams" but there's strong community opposition to council plans to sell off a public car park in central Takapuna on Auckland's North Shore.

Sky TV boss says company is suffering for 'picking fight' with news media

Sky Television has accused the news media of bias, suggesting media companies had been influenced by the legal action Sky is taking against them.

Couple will pay only a fraction of Talley's trawler's losses

A couple will only have to pay back a small fraction of the massive losses they caused to Talley's Fisheries through their bogus tale of a family tragedy.

Syft Technology trumpets success, seeks $7.5m from investors

Christchurch-based Syft Technologies is starting to outsource production of its "sniffer" machines to factories in Europe, North America and South East Asia.

New PR agency launches in Taranaki to represent small businesses

Brooke Lean and Gina Fabish are readying themselves for a roaring 1900s 'party' to showcase their modern retail space.

Media Take: Conversation about cannabis decriminalisation

Labour's Kelvin Davis says "we've got to have a conversation" when it comes to cannabis decriminalisation.

From meat pack to Maldives for Kaikoura couple

Two South Island couples have well and truly beaten the winter blues by winning an island getaway.

Pond house problems continue for Palmerston North solo mother

As a tenancy dispute over severe damp and mould problems drags out, a Palmerston North single mother fears she may have to leave town to escape the house that  could be making her family sick.

Sky TV looks to improved 'on demand' experience to keep customers loyal

Sky Television hopes a software upgrade coming first to about half of its satellite television customers will improve their experience of its "on demand" service.