Navigation for News Categories
Business
Business headlines with summaries.
-
Cyclones, challenges in global dairy prices see Pāmu profts plummet
20 Feb 2024For the six months to December the company made a net operating profit of $3 million - that compares to $15m in the comparable half-year.
-
Cherry growers thrilled with 'biggest yield in years'
A stellar summer has made for a great export season of New Zealand-grown stone fruits, including cherries.
-
Fare hikes hit Air New Zealand domestic routes
22 Feb 2024Air New Zealand has increased fares on some domestic routes, and more hikes are planned for others. Audio
-
Move Logistics posts deeper half-year loss
23 Feb 2024The result comes amid difficult economic conditions and weaker customer demand.
-
The Warehouse Group sells sports brand for $1
22 Feb 2024The Warehouse Group has sold its struggling outdoor brand Torpedo7 for $1.
-
SkyCity ordered to pay A$13m in unpaid casino duty
22 Feb 2024The South Australian Court of Appeal has ruled that SkyCity must pay A$13 million in unpaid casino duty.
-
Genesis Energy half-year profit falls 73 percent
22 Feb 2024The result comes on the back of the higher cost of generation, an outage at its major Huntly station, and lower gas production.
-
Air New Zealand announces 39% drop in half-year profit
22 Feb 2024The airline is also expecting the second half of the financial year to be increasingly difficult. Audio
-
Scales Corporation reports 35 percent drop in profit
22 Feb 2024The apple, pet food and logistics group has reported a drop in profit of 35 percent for the full year ended December 2023.
-
Rents could increase throughout this year - Trade Me
Trade Me's latest Rental Price Index shows the national median weekly rent surged to $630 last month - a 0.8 percent increase on December.
-
SkyCity registers drop in first-half revenue, profit
22 Feb 2024The casino operator is also grappling with a myriad of regulatory compliance issues on both sides of the Tasman.
-
More travellers from the US sees Auckland Airport profit up
22 Feb 2024Rebounding passenger numbers have lifted Auckland Airport's half year profit, but it's warning of a slowdown in recovery.
-
Port of Auckland first half results show $21 million net profit
22 Feb 2024Port of Auckland says it will be able to pay its shareholder Auckland City a half year dividend of $20 million and expects to pay a further $15m later.
-
NZ businesses warned of cascading risks in 2024
22 Feb 2024The economic slowdown, cyber-security and environmental issues are amongst the top risks facing businesses this year, according to a new report.
-
Auckland Airport hits back at Air New Zealand
21 Feb 2024Air NZ had called for a review of the airport's redevelopment costs, saying its regulated charges would make flying unaffordable for some.
-
Market uncertainty behind drop in business credit applications - Equifax
21 Feb 2024Though demand from the hospitality, accommodation and transport sectors remained strong, data showed.
-
NZME profit halves after drop in revenue
21 Feb 2024The owner of the New Zealand Herald and Newstalk ZB said the result reflected a challenging year.
-
Mānuka honey producer Comvita 'disappointed' at interim loss
Revenue was down due to weaker consumer demand in China and losing a major customer in North America.
-
Contaminated fuel from BP station leaves drivers fuming
22 Feb 2024Motorists are complaining about their cars "rattling", breaking down and dropping to low power after filling up.
-
Lies about recycling drove plastic sales - report
22 Feb 2024The US-based Center for Climate Integrity found the majority of plastics cannot and never will be recycled. Audio
-
EBOS profits up thanks to boost in healthcare spending
21 Feb 2024Pharmaceutical supplier and animal products company EBOS has posted a solid lift in half-year profit.
-
Westpac picks OCR likely to remain on hold this year
21 Feb 2024However the bank says 2024 will be challenging for the government and the risk of higher interest rates can't be ruled out.
-
Dairy prices hit 18-month high
International average dairy prices have reached their highest level since October 2022.
-
MPI urged to make changes after berry Hep A cases
20 Feb 2024The auditor-general says the ministry is not routinely checking food safety compliance by importers of high-risk foods.
Top News stories
- Grand Chateau Tongariro deteriorating despite $2m govt bailout
- Lachlan Jones: Mother tells inquest of the night her boy died
- Drinking water standard for nitrate needs review - Canterbury public health expert
- School phone ban for 16-year-olds 'very backward' - principal
- 'Right time, right place' - Tauranga meteor captured on camera