Best of Business

Comvita’s half-year result shows the company is seeing a noticeable financial turnaround.
Its result for the six months ended December 31 had revenue up 18.3 percent to $118 million, EBIT up 10.7m to $10m, and debt reduced by $32.9m to $48.7m.
Comvita CEO Karl Gradon says he's proud to see the company return to profitability and he's confident the company's been through the worst of it.
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The Remuneration Authority says more responsibility attracts more pay.
The Taxpayers' Union says Western Bay of Plenty District councillors are getting an average 57 percent pay increase.
Authority Chair Geoff Summers says the pool of funding for council has been decided - but not individual raises.
He says the council will operate with two fewer councillors this term.
"And most people would say - if I'm going to be doing more work than what some other people used to do, I want more money for it."
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Genesis Energy says fresh Crown investment into the power generator will go towards building infrastructure.
The Government's confirmed it will put up to $200 million dollars - letting it retain its 51 percent shareholding, as Genesis launches a capital raise.
Chief executive Malcolm Johns says the money will speed up its ability to build.
"We're gonna build some solar farms, some grid-scale batteries and some wind, and extend the life of Huntly Rankines."
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Business appears to be booming in most parts of the country.
ABC's quarterly market report shows business sales are up 28 percent on this time last year, with average prices up three percent.
It finds 507 completed sales over a 12 month period - a new historical high.
ABS Business Managing Director Chris Small told Mike Hosking that there's a link between sales and the current state of the economy across the country.
He says in line with the economy, the South Island is up 70 percent year on year in business sales, while Wellington is down 10 percent.
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On Saturday Donald Trump announced a 10% levy on all goods coming into the US in response to the Supreme Court ruling his other tariffs unconstitutional.
The new global tariffs were updated to 15% on Sunday.
Economist Cameron Bagrie joined Tim Beveridge to talk about the implications for kiwi businesses.
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