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Archives: News

Explore our coverage of New Zealand and World politics, economics, business and culture.

funding for predation control

Government allocates $14.1m to intensify predator control efforts 

Taxpayers will see $14.1 million directed toward stepped-up predator control efforts aimed at giving threatened native wildlife a better chance...

By Leenah-Leen Arandia | 17 Jun 2026 | 2 min read
side shot of a range of used modern vehicles, at a public car dealership

Major parking operator moves to protect trade secrets in high-stakes court battle 

New Zealand’s largest carpark management company has launched legal action against its former South Island manager, alleging he violated confidentiality...

By Leenah-Leen Arandia | 17 Jun 2026 | 3 min read
labour vows free maternity scans under medicard plan if elected

Labour vows free maternity scans under Medicard plan if elected 

Labour has pledged to make all medically necessary maternity scans free from mid-2028 if elected, expanding entitlements under its proposed...

By Leenah-Leen Arandia | 17 Jun 2026 | 2 min read
lincraft

Lincraft closes physical stores after 80 years 

After 80 years in business, fabric and craft retailer Lincraft will shut its physical stores across New Zealand and Australia. The...

By Leenah-Leen Arandia | 17 Jun 2026 | 2 min read
nvidia seeks major debt raise as ai spending accelerates

Nvidia seeks major debt raise as AI spending accelerates

Nvidia is preparing to raise at least $20 billion through a new bond sale, marking its first return to the...

By Mike Jerome Infante | 17 Jun 2026 | 2 min read
fox to buy roku in major streaming deal

Fox to buy Roku in major streaming deal

Fox has agreed to buy Roku in a $22 billion deal that would give the U.S. media group a much...

By Mike Jerome Infante | 17 Jun 2026 | 2 min read
starship test flight moves spacex closer to lunar missions

SpaceX raises IPO proceeds after banks buy more shares

SpaceX has raised more from its stock market debut than first announced, after banks involved in the listing bought additional...

By Mike Jerome Infante | 17 Jun 2026 | 2 min read
Steam plant

Stop pretending scrapping a bad policy counts as having a good one

The ban that never had a bridge In June 2023, the Labour government banned new low-to-medium temperature industrial coal heating devices...

By B2B News | 17 Jun 2026 | 4 min read
Black and white photo of suburban street flooded, houses submerged in water.

Watch what happens when managed retreat stops being a thought experiment

The market moved first South Dunedin has roughly 6,500 properties sitting on a low-lying coastal flat with rising groundwater, increasing flood...

By B2B News | 17 Jun 2026 | 5 min read
Close-up of large machinery under a clear blue sky, ideal for industrial themes.

Unglamorous and wildly successful, Scott Technology defies the startup obsession

From mine sites to the world's testing labs Scott Technology has spent decades building crushers and pulverisers in Dunedin for the...

By B2B News | 17 Jun 2026 | 5 min read
Detailed front view of a small aircraft with metallic shine, parked on the tarmac at dawn.

Dawn Aerospace proves Christchurch can build a rocket company worth backing

Real revenue, real customers, real tension Dawn Aerospace has raised US$25 million at a US$195 million valuation, stepping up from a...

By B2B News | 17 Jun 2026 | 5 min read
Warehouse roof adorned with solar panels beneath a bright blue sky.

Calder Stewart just made the business case for solar without any help from Wellington

When the country's biggest industrial landlord commits $110 million to rooftop solar and battery storage, the interesting question is not...

By B2B News | 17 Jun 2026 | 4 min read
A caregiver assists a senior adult in a wheelchair at a nursing home in Prague, Czech Republic.

Why is the government paying five times more to house elderly patients in hospitals?

The cheapest beds in the health system are the ones closing New Zealand operates a health system with a spectacular pricing...

By B2B News | 17 Jun 2026 | 5 min read
CBP Biometrics Pilot Program -

$33 million bought Immigration New Zealand seven years of absolutely nothing

A project doomed from day one The Biometric Capability Upgrade was supposed to modernise how Immigration New Zealand verifies identities at...

By B2B News | 17 Jun 2026 | 5 min read
strong wool and meat prices reward farmers after years of hardship

Strong wool and meat prices reward farmers after years of hardship

Sheep farmers are increasingly optimistic as strong global demand and supply shortages drive wool and meat prices higher, delivering a...

By Leenah-Leen Arandia | 17 Jun 2026 | 2 min read
lpg carrier, shivalik, arrives at mundra port via the strait of hormuz

Tankers face slow return as Hormuz reopening deal nears

A reopening of the Strait of Hormuz could bring a cautious revival of tanker traffic through the Gulf, but analysts...

By Mike Jerome Infante | 17 Jun 2026 | 3 min read
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