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

openai secures $6.6 billion funding boost

OpenAI secures $6.6 billion funding boost

OpenAI has successfully completed a funding round and secured $6.6 billion, which elevates its valuation to $157 billion post-money. Its...

By Mike Jerome Infante | 06 Oct 2024 | 3 min read
who approves first rapid diagnostic test for mpox

WHO approves first rapid diagnostic test for Mpox

The World Health Organization (WHO) has granted approval for the first diagnostic test for mpox that delivers immediate results, a...

By Mike Jerome Infante | 06 Oct 2024 | 2 min read
secondjobkiwi

Survey shows half of Kiwis eyeing second job as inflation bites

In Aotearoa, the combination of rising inflation and an economic downturn is prompting about half of Kiwis to consider taking...

By Nicole Valdez | 05 Oct 2024 | 5 min read
healthcare

Southern Cross reports 9% premium hike due to increased demand

Many Kiwis are becoming increasingly frustrated with delays in the public healthcare system, leading many to turn to private health...

By Nicole Valdez | 04 Oct 2024 | 4 min read
constructionfeature

NZ Government introduces major reforms to simplify building consent approvals

Industry leaders within Aotearoa's development trade have reason to feel optimistic as New Zealand's construction sector prepares for a transformative...

By Nicole Valdez | 04 Oct 2024 | 5 min read
property investors report negative rental income

Property investors report negative rental income

Inland Revenue data indicates that in the 2023 tax year, there were 53,350 taxpayers who reported negative rental income. This...

By Leenah-Leen Arandia | 04 Oct 2024 | 3 min read
tech giants confront the energy crisis fuelled by ai growth

Tech giants confront the energy crisis fuelled by AI growth

Artificial intelligence (AI) may have been transforming industries and driving innovation, but it comes with significant energy demands that threaten...

By Mike Jerome Infante | 04 Oct 2024 | 3 min read
deepfake technology poses serious risks for organisations

Deepfake technology poses serious risks for organisations

Deepfake technology continues to pose a serious risk to businesses, as nearly 50% of companies in different countries have reported...

By Mike Jerome Infante | 04 Oct 2024 | 4 min read
the access group acquires tradify

The Access Group acquires Tradify

Business management software provider The Access Group announced that it has agreed to acquire Tradify, a job management software for...

By Leenah-Leen Arandia | 04 Oct 2024 | 3 min read
nz resources minister voices support for geothermal energy over lng

NZ resources minister voices support for geothermal energy over LNG

Resources Minister Shane Jones has expressed scepticism about the viability of a liquefied natural gas (LNG) import terminal as a...

By Leenah-Leen Arandia | 03 Oct 2024 | 3 min read
nz sheep

Lincoln Agritech secures $10.4 million for wool industry revival

Image source: Flickr A bold new initiative aimed at revitalising New Zealand’s struggling wool industry is underway following a $10.4 million...

By Liam Foster | 03 Oct 2024 | 4 min read
acc issues levy invoices for kiwis working overseas

ACC issues levy invoices for Kiwis working overseas

New Zealand's Accident Compensation Corporation (ACC) has issued 4,300 levy invoices for the 2023 tax year to New Zealand tax...

By Leenah-Leen Arandia | 03 Oct 2024 | 2 min read
new zealand business

New Zealand business optimism at a seven-year high: Insights from NZ Herald’s 2024 ‘Mood of the Boardroom’ survey

Optimism among New Zealand’s business leaders is at its highest level since 2016, according to the 2024 New Zealand Herald...

By Liam Foster | 03 Oct 2024 | 6 min read
dunedin hospital plans scaled back amid budget overruns

Dunedin Hospital plans scaled back amid budget overruns

The new Dunedin Hospital faces a potential cost escalation to $3 billion, requiring either a reduction in its scope or...

By Leenah-Leen Arandia | 03 Oct 2024 | 2 min read
air new zealand faces backlash over flight route reductions

Air New Zealand faces backlash over flight route reductions

Photo source: Flight Global Air New Zealand is facing scrutiny following its recent decision to reduce flight routes and capacity, a...

By Mike Jerome Infante | 03 Oct 2024 | 3 min read
iqos htp

Costello’s heated tobacco tax cut faces major setback after IQOS device pulled

New Zealand Associate Health Minister Casey Costello’s 50% excise tax cut on Heated Tobacco Products (HTPs) has hit a significant...

By Liam Foster | 03 Oct 2024 | 5 min read