Two large earthquakes struck off the coast of the Pacific nation of Vanuatu in quick succession, prompting authorities to issue a tsunami warning for coastal communities.
The owner of a prominent Wellington luxury car dealership has disappeared just as the business abruptly closed its doors. Financiers and well-known clients who had extended trust and credit to the dealer say they were blindsided by the sudden collapse.
Cattle prices in Australia climbed to record levels this week after widespread rain fell across Queensland and northern New South Wales. The downpours have improved pasture conditions just as buyers compete for a tightening supply of young stock.
New South Wales landowners are weighing conservation agreements under a revamped biodiversity offset scheme that compensates them for protecting habitat on their land.
Australia's Northern Territory parliament has passed a 'safe air' bill creating a scheme to monitor and publicly report toxic air pollutants around Darwin Harbour. The law follows separate pollution scandals involving energy companies Inpex and Santos, both of which operate major gas facilities in the harbour precinct.
Rising petrol prices have pushed New Zealand's headline inflation higher ahead of the Reserve Bank's next policy review. Economists widely expect the central bank to raise the official cash rate by 25 basis points next week, even though the latest price pressure stems mainly from fuel costs rather than broader demand.
Anglo-Australian miner Rio Tinto has announced a $1.9 billion investment in a bauxite project in the state of Queensland. The company is presenting the move as part of an effort to meet demand across the global aluminium supply chain.
Satellite monitoring has detected large methane plumes above one of Australia's biggest gas complexes. The finding triggered a United Nations alert and prompted state authorities to open an inquiry into the leak.
Australia's federal government has extended its ban on KPMG bidding for new government contracts until at least the end of February, citing what it called serious ethical failings. The move follows allegations that audit partners at the firm misused client data and then mishandled a whistleblower's complaint about the matter.
New Zealand's annual inflation rate tumbled to 3.7 percent. The slowdown has raised the odds that the Reserve Bank will lift its benchmark interest rate at next week's policy meeting, even as price pressures are forecast to pick up again soon.
New Zealand's state broadcaster TVNZ faces its first staff strike in two decades after the E tū union rejected a 2.5% pay offer that workers say falls well short of inflation.
A newly discovered flaw in PHP, the programming language underpinning much of the internet, has already knocked government sites, schools and web hosts offline across Australia, and experts warn more breaches are coming.
Fewer than half of New Zealand business leaders feel positive about their own performance, with expectations for improvement sliding to a record low this quarter.
Home values fell across every Australian capital city last quarter, the sharpest decline on record, as high borrowing costs continue to weigh heavily on buyers nationwide.
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