Finance stories
The funding will bring forward 10,500 homes in north-west Auckland, but Mayor Phil Goff says the city still needs billions more to cope with growth.
Up to 60,000 new homes could be built years earlier after the government backed roads and waterworks in five fast-growing councils.
Claims linked to the quake have reached NZD $1.84 billion, with commercial losses accounting for most of the bill and settlements accelerating.
Limited housing growth in Auckland is being blamed on poor infrastructure funding, with the OECD urging new ways to pay for public works.
New Zealand could stretch its GBP £16 billion infrastructure push further by copying Scotland’s simpler planning and delivery model, Infrastructure NZ says.
New roads, rail and schools will be funded as the government lifts capital spending by USD $4 billion in Budget 2017.
More housing and infrastructure funding won approval from the Property Council, though it says New Zealand still needs deeper planning reform.
Industry leaders say the extra NZD $11 billion in capital spending could unlock private funding for roads, hospitals and housing.
Tourism and migration are propping up growth, but record household debt and weaker investment threaten New Zealand’s longer-term outlook.
New Zealand taxpayers could face a heavier bill for roads, schools and hospitals unless migrants are charged to help fund growth.
Cisco Systems NZ faces financial woes as revenues fall 11% to $22.2m and losses soar by 162% to $804,635 in the 2015 fiscal year.
Debtor Daddy offers credit control as a service; sends reminders, automates payment and has a human call slow payers.
HRL Holdings, the ASX-listed geothermal exploration company, has agreed to buy Precise Consulting, a hazardous material testing laboratory, for $5.
Fletcher Building, New Zealand's largest building company, says the potential scaling back of the local operations of its plasterboard rival Knauf.
While news on the future of Avaya has triggered speculation on the direction of the company, Avaya Australia & NZ assures it is business as usual.
Colt's investment surge powers Asian digital boom, as Singapore and Hong Kong lead network expansion for high-bandwidth delivery.
Should organisations upgrade their computers or replace them altogether? A survey reveals a 50-50 split among IT professionals.
IT leaders must become catalysts for positive organisational change by enabling new services that are closely aligned to the organisation's strategy.
Windflow Technology, the unprofitable wind turbine manufacturer, narrowed its first-half loss but says it will need to borrow from its shareholders an.
Prospa wins first place at Smart50 Awards with 1000% growth. CEO says it's just the beginning of their journey. #smallbusiness #fintech.