Navigation for News Categories
Business
Business headlines with summaries.
-
KiwiSaver value breaks $100 billion mark
14 Feb 2024It cracked the mark at the end of last year as slowing inflation and the prospect of lower interest rates lifted share investments.
-
Call for entire Fletcher board to step down after big loss
14 Feb 2024The company's shares fell 16 percent in an hour after its half-year results were announced.
-
Supermarket conduct not up to scratch after mouse found in deli - MPI
14 Feb 2024Woolworths says two sales were made from Eastgate Countdown's deli after a mouse was found scurrying in the counter and attempts have been made to contact the customers.
-
Mortgage 'immediately unaffordable': Couple lose home
14 Feb 2024The loan was approved, but they almost immediately fell into arrears and spent two years struggling.
-
Fletcher Building chief to step down after $120m loss
14 Feb 2024The company's CEO and board chair are stepping down after the disappointing first-half result.
-
House buyers still cautious but more activity nationwide
14 Feb 2024House sales remain slow though more properties are coming on the market.
-
ASB announces 11% drop in half-year profit
14 Feb 2024The bank has been hit by slower lending, reduced margins and higher costs.
-
NZ dairy industry estimates $120m in losses from Canada breaching trade obligations
14 Feb 2024The industry hopes Canada will swiftly bring its system into compliance after New Zealand won its trade dispute on dairy access.
-
Christchurch Airport stops saying it is 'climate positive'
13 Feb 2024It might have stopped using the phrase in its marketing, but it still maintains it is "factually accurate".
-
PGG Wrightson's main shareholder wants more directors on board
13 Feb 2024PGG Wrightson's major shareholder is moving to replace three directors with four of their own - including a former board member who was banned by US authorities from involvement in public companies.
-
Shareholders Association on the risks facing Fletcher Building
13 Feb 2024Fletcher Building's board should consider breaking up the company into more manageable parts, the association says.
-
Interest rates predicted to drop amid slowing inflation, softening labour market - survey
13 Feb 2024Business leaders and forecasters expect inflation to continue to slow, amid a softening labour market, cooler wages, and anaemic growth, leading eventually to lower interest rates.
-
Leaked memo shows all Woolworths on look-out for pests
15 Feb 2024The document leaked to RNZ stated a cleanliness and pest control review would be carried out next week.
-
Record number of New Zealanders left in 2023
15 Feb 2024Migrant inflows also appear to have passed the peak with monthly gains generally trending down since August.
-
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".
-
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.
-
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
-
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.
-
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.
-
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?
-
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.
-
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.
-
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.
-
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.
Top News stories
- Sold-out stadium for Phoenix A-League semi-final against Melbourne Victory
- Why is everyone sick right now? What's happening this cold, flu and Covid season
- Algerian man found alive in cellar after 26 years
- Sex worker admits killing father-of-two, Daniel Otess, in Auckland car park
- 'Buyers control narrative', mortgage rates drop: What is happening with the NZ housing market this week?