Coca-Cola New Zealand reports bumper $109m profit for 2025, pays $125m dividend to parent company
Income tax paid by the business was relatively flat at $42.3m for the year, although the company did…
High Court orders ASB Bank to pay record $6.7 million penalty for anti-money laundering breaches
Shortt said ASB had “uplifted” its systems and processes to improve its AML/CFT capabilities. “We have invested significantly…
Cocaine worth $35m found in Prada-branded bricks at Tauranga port
This week’s seizure comes almost two months after 48kg of cocaine, with an estimated street value of $16.8m,…
Nick Reiner seeks trust fund money for parents’ murder defence
Prosecutors said 79-year-old Reiner – who helmed huge hits including When Harry Met Sally and A Few Good…
CityFitness fined $1.12m for misleading gym membership pricing
Commerce Commission deputy chairwoman Anne Callinan said it meant the gym was attracting customers by publicising a price…
Supreme Court overturns $4.2m award in Whangārei quarry negligence case
Daisley told the Northern Advocate he was disappointed with the decision, saying the case had a big impact…
Griffin’s Biscuits owner hit by $59m loss from goodwill, brand impairments
It’s the second year in a row the business has reported an impairment to its brands, with a…
Auckland or Christchurch property? Where $1m gets the best home value
“As a result, buyers often have access to modern homes and larger sites that would be difficult to…
Weekly Health Update | Ebola Spreads, Cholera Surges and New Gains Against Malaria in Africa
In this week’s health update, the Bundibugyo Ebola outbreak affecting the Democratic Republic of Congo and Uganda remained…
AI vibe coding startup Supabase, co-founded by Kiwi Paul Copplestone, raises US$500m at US$10b valuation
The rise of native AI coding tools like Claude Code has fueled its growth. And these days it’s…
Tauranga City Council to consult on fireworks ban, size of real estate signage
“We have since heard from both the makers of signs and several real estate companies that this would…
GrabOne relaunch follows $1.2m sale after collapse of former owner Global Marketplace
The Herald reported in March that GrabOne’s new owners were preparing to relaunch the business. At the time,…