Business

Latest housing data shows first-home buyers made 28 percent of purchases nationwide in October and November.

Warner Bros described Paramount's offer as risky, saying it was backed by "an unknown and opaque" trust and depended on financing from Middle East sovereign wealth funds.

The sale of the 1.7 hectare property to RP Financial marks the company's first purchase in New Zealand.

The savings in back-office and procurement functions would be re-invested into patient care.

The legal action is the latest twist in ongoing collective agreement negotiations.

ASB has advised mortgage brokers that they would not be paid trail commission on new lending after next July.

The end of year is often a time when investors reviewed the performance of their KiwiSaver and looked to make any adjustments.

Consumer confidence is at its highest level this year, December's Westpac-McDermott Miller index shows.

More than 10,000 households a month have their power disconnected, new data shows.

Food price pressures eased in November amid a sharp fall in the price of fruit and vegetables, but remain considerably higher than a year ago.

Shoppers are being told to "swerve" any unreasonable surcharges they encounter this Christmas. Audio