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Business headlines with summaries.
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Fine dining Māori restaurant to close its doors
14 Feb 2024Wellington's Hiakai will be closing its doors in March, but the owners say the business is "evolving, not coming to an end".
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Price of a rose: Cost of flowers continues to bloom
14 Feb 2024Roses are red, violets are blue, the cost of living is rising, and flower prices are too. RNZ First Up's Leonard Powell heads to the early morning flower market to see the business behind the blooms.
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Fine dining Māori restaurant to close its doors
14 Feb 2024Wellington's Hiakai will be closing its doors in March, but the owners say the business is "evolving, not coming to an end". Audio
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Ratted out: Mouse found at Auckland Pak'n Save
13 Feb 2024Footage published on social media showed the mouse was scurrying about the body wash in the health and beauty aisle.
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More rats found, Countdown Dunedin South to remain closed
13 Feb 2024After two more rats were caught in the store today, Countdown has confirmed it will not reopen its store until at least Thursday.
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What's prompted a U-turn in interest rate expectations?
13 Feb 2024We were told to expect interest cuts this year. So why are markets now forecasting an increase?
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Fletcher Building shares in trading halt as CEO 'considers his position'
13 Feb 2024Fletcher Building shares were placed in a trading halt on Monday at the request of the company.
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Tuatara relocating craft beer base from Kāpiti coast
13 Feb 2024Paraparaumu based craft brewery Tuatara is moving to Upper Hutt after more than two decades as a dedicated Kāpiti coast business.
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House prices 'slowly' recovering
13 Feb 2024House prices are continuing a gradual recovery, but a national price index is still behind where it was a year ago.
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Vulcan Steel's interim profit drops by 50% in wake of high interest rates, inflation
13 Feb 2024The steel products company says it has been navigating "challenging" business conditions.
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Auckland CBD an economic powerhouse, but businesses struggling
12 Feb 2024Auckland's city centre has beaten New Zealand's economic growth for two years straight, but businesses in the area say they are still struggling to keep afloat.
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Fletcher Building's shares in trading halt ahead of first-half result
12 Feb 2024The trading halt is at the request of the company, which says it needs to give itself time to review its profit guidance.
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SkyCity to face civil proceedings filed by DIA
12 Feb 2024The company says the proceedings relate to alleged non-compliance with anti-money laundering and countering terrorism financing laws.
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Corporate reporting season expected to reflect weak economic conditions
12 Feb 2024The expectations for how corporate revenues have been tracking are "likely the lowest they've been" since the global financial crisis.
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Fonterra lifts milk price forecast as dairy prices rise globally
The move follows a lift in demand for dairy products, primarily from the Middle East and South East Asia.
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Scammers pose as agents to trick potential migrants - Immigration NZ
13 Feb 2024Potential migrants are being warned to watch out for scam job offers and visas that seem too good to be true. Audio
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Video of mouse in supermarket salad sparks investigation
12 Feb 2024The Ministry of Primary Industries is investigating a video showing a mouse running across uncovered salad in a Christchurch supermarket deli.
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13 more rats caught over weekend at Countdown supermarket
12 Feb 2024It's believed pest control has sealed up all the rodent entry points, but the store will stay shut for a further 24 hours.
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Why Sky is screening some of its top-dollar sport for free
Mediawatch: This week it suddenly announced top rugby, netball and league will soon screen in the weekends free-to-air as well on one of its own channels. Why? Audio
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Will Chinese New Year deliver for Kiwi lamb and beef?
Companies are hopeful Chinese shoppers will buy New Zealand red meat this Chinese New Year.
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Value of red meat exports drops to $10b in 2023
Issues affecting the sector have been laid bare with exports worth 11 percent less compared to the year before.
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Tax changes needed to boost build-to-rent sector - Kiwi Property
11 Feb 2024The commercial property developer is urging the government to make tax and investment rule changes to boost build-to-rent developments and help with the shortage of affordable housing.
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Consumer spending subdued in last quarter of 2023
11 Feb 2024Kiwibank economist blames high inflation, interest rates and rising costs for people buying less.
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Entrepreneur hopes app eases burden when a loved one dies
10 Feb 2024Dealing with her dad's death was the "hardest thing" Melissa Davies has ever done. She wants others to have it easier.
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