Best of Business

There's been a significant increase in property flippers and it's prompted concerns from experts.
One of the country's most prominent buyers' agencies has complained to the Real Estate Authority about the increase - following a sharp drop in 2023.
iFindProperty founder Maree Tassell says there's a lot of deception that comes with flipping properties, and vendors often don't find out until it's too late.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.

Stock markets have rebounded and oil prices have dropped below yesterday's forecast, following recent comments from US President Donald Trump.
Trump indicated the war in the Middle East could be over 'very soon', and it's led to ripple effects across sharemarkets all over the world.
Matt Goodson from Salt Funds Management says it's unclear if the US can walk away from this conflict or if the Strait of Hormuz will reopen in time.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.

A legendary West Coast pub has removed its popular outdoor seating under threat of a $20,000 fine.
It was decided the Formerly the Blackball Hilton's tables and chairs fell outside the licensed boundary.
Owner Cynthia Robins says they've been there for decades - and never caused a problem.
"They're becoming much more strict with what's within the licenced area. We said - well, until this is resolved, we just can't have the tables there? Well, now I feel like the town doesn't look as inviting because those tables aren't out there with the umbrellas up, they look more friendly."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.

An aviation commentator says Air New Zealand needs to look at ways to cut costs as the war in the Middle East impacts fuel prices.
The airline's adjusted fares - lifting domestic flights $10 and long-haul flights $90.
It's suspended its guidance from less than a fortnight ago, expecting second-half earnings similar to the $59 million first-half loss.
Irene King says the airline could slash its spending.
"They really have never addressed the cost side of their business post-Covid - and they really could get stuck in there, their labour costs are astronomical."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.

There's growing concerns about the economic impacts of the war in Iran.
Crude oil prices have topped $100 US dollars a barrel for the first time since 2022 - and our petrol prices surged another 14 cents over the weekend.
Harbour Asset Management's Shane Solly says these attacks are directly impacting key fuel sources, which has got economists worried about future prices.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.