The number of Airbnb listings in New Zealand has doubled to more than 15,000 with hosts earning on average $3800 a year. The home sharing company says that while this may not sound like a lot, the impact can often be “life changing.”It…
APN shareholders greenlight NZME carve out – NZX listing
NZME will become a standalone New Zealand business and be listed on the sharemarket in New Zealand after APN shareholders voted overwhelmingly to demerge it from the Australian operation.At a meeting in Sydney today they heard the…
The Economy Hub: How kiwifruit helped the dairy slump
Despite the dairy downturn a big lift in kiwifruit and apple exports has boosted New Zealand’s total agricultural revenue by $1 billion, or three per cent, in the year to June 30, a new government report shows.Dairy export revenue…
Construction pushes NZ economic growth for 2016
New Zealand’s economy grew at a faster pace than expected in the first quarter of 2016 as construction expanded at the quickest rate in two years. The kiwi dollar rose after the data was released.Gross domestic product expanded…
Attorneys in Volkswagen scandal get more time to reach deal
SAN FRANCISCO (AP) ” A federal judge in San Francisco is giving Volkswagen and attorneys for vehicle owners affected by the company’s emissions cheating scandal more time to reach a final settlement proposal.U.S. District Court…
Liquidation bid turned down
A Whangarei company which tried to liquidate another commercial entity over an unpaid bill not only failed in its bid but also had costs awarded against it.CablePrice in Whangarei applied to the High Court at Whangarei under the…
SkyCity discovery granted in fraud case
The partner of former SkyCity worker Tessa Grant and her mother-in-law have been ordered to provide information to the casino company, which is chasing its former employee in the High Court for more than $1.2 million of allegedly…
Kiwi water balloon toy number one in US
Most kids and parents will be familiar with Zuru’s Bunch O Balloons toy, capable of filling and tying 100 water balloons in a minute – every child’s water fight dream. The toy has been the number one top seller in the US for the…
ANZCO loses $1.3 million tax fight
One of New Zealand’s largest meat exporters has lost a $1.3 million tax fight with Inland Revenue.Christchurch-headquartered ANZCO Foods has a turnover of $1.3 billion and more than 3,000 employees worldwide.The firm, founded…
Fieldays – keeping the traffic flowing
High-tech Bluetooth ‘blip trackers’, a dedicated hashtag and a webpage are among the New Zealand Transport Agency’s initiatives designed to help people plan and share Fieldays travels with real-time traffic information.The measure…