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Photo: RNZ / Dom Thomas The Ministry of Business, Innovation and Employment has confirmed some jobs could be "significantly impacted" by a change proposal kicking off on Thursday. But it has stopped short of confirming whether more roles could be disestablished. So far it has already announced nearly 350 jobs are gone, or are proposed to go. On Thursday it will begin consulting on proposed changes to Te Whakatairanga Service Delivery's Market Integrity branch, which "delivers world leading regulation to protect the fairness and integrity of markets in Aotearoa New Zealand", branch general manager Sanjai Raj said. "We are proposing some changes to how the Market Integrity branch is structured and to the way we deliver our services for the public of Aotearoa New Zealand," he said. "Those w...

The lease of Ngāti Whātua Ōrākei's downtown Auckland land comes up for review next year. Photo: 123RF Some inner-city Auckland apartment owners may have their "heads in the sand" about the possible implications of a ground rent review next year, one real estate firm is warning. The lease of Ngāti Whātua Ōrākei's downtown Auckland land at the former Railway Lands, Te Tōangaroa, comes up for review in August next year. The leasehold terms included a ground-rent free period until 2011, and then reviews at seven-year intervals. It is the site of many apartment buildings, including the Scene buildings. Scott Dunn, of City Sales, said his firm had listed 11 or 12 properties on the leasehold land in recent weeks. "Some sales will go for under $100,000, some over. We don't have anything lined u...

By Dearbail Jordan and João da Silva, BBC News business reporters Traders work on the floor of the New York Stock Exchange during morning trading on Tuesday in New York City. Photo: Michael M. Santiago/Getty Images/AFP US shares opened higher on Tuesday local time as an uneasy calm returned to global markets after days of sharp falls. The technology-heavy Nasdaq, the Dow Jones Industrial Average and the S&P 500 all saw early gains. It followed subdued trading in the UK and Europe with London's FTSE 100 initially rising before falling back. In Japan, the Nikkei 225 stock index jumped by 10.2 percent, or 3217 points in its biggest one-day gain in points, after the previous day's plummet. The stock market rout began on Friday following disappointing US employment figures for July wh...

By Dearbail Jordan and João da Silva, BBC News business reporters Traders work on the floor of the New York Stock Exchange during morning trading on Tuesday in New York City. Photo: Michael M. Santiago/Getty Images/AFP US shares opened higher on Tuesday local time as an uneasy calm returned to global markets after days of sharp falls. The technology-heavy Nasdaq, the Dow Jones Industrial Average and the S&P 500 all saw early gains. It followed subdued trading in the UK and Europe with London's FTSE 100 initially rising before falling back. In Japan, the Nikkei 225 stock index jumped by 10.2 percent, or 3217 points in its biggest one-day gain in points, after the previous day's plummet. The stock market rout began on Friday following disappointing US employment figures for July wh...