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Business & Economy
Evening business for 29 May 2024
News from the business sector, including a market report. Audio
'A perfect storm': Smith & Caughey's knew for two years model wasn't working
The department store's chairperson Tony Caughey explains six reasons it's planning to shut down.
Mike King: I'd take money from Gollum if it meant better mental health services
Mental health advocate Mike King tells Guyon why taking government cash is like taking money from Gollum; the day he realised his homophobic comedy was doing real damage, and why kids don't talk to… Video, Audio
Midday Report Essentials for Wednesday 29 May 2024
On today's episode, thunderstorms have rolled quickly through Tamaki Makaurau this morning bringing rain and severe gales to the city, population growth has slowed as a result of fewer births and… Audio
Smith & Caughey's announces plan to close
After 144 years, the department store has announced it is in talks to shut its doors.
Smith And Caughey's set to close 2025
Aucklands oldest department store Smith and Caughey's is set to close in 2025. The retail store on Queen Street has been a fixture for 144 years Jesse speaks with CEO of Auckland's Heart of the City… Audio
What rural NZ is looking for in tomorrow's budget
The budget will of course be delivered from Wellington, but this year our rural community will be keeping a close eye on it as well. Farmers Weeky journalist and former share milker Richard Rennie… Audio
'It's noise. It's fumes,' Construction may force Wellington cafe to close
The owner of an inner-city Wellington café says it is being forced to close by the council's never-ending construction work on the Central Library and the Town Hall. Audio
Power bills expected to rise to help fund electricity network
Household power bills are expected to rise by around $15 a month, to allow Transpower to fund investment in the electricity network. Consumer power switch manager Paul Fuge spoke to Charlotte Cook. Audio
TVNZ warns of 'further cost-cutting measures' as it appeals ruling
TVNZ argues it did not breach its collective agreement when it cancelled several programmes earlier this year.
NZ transport giant sees profits fall by more than 50 percent
Mainfreight has posted a big drop in full-year profit as global trade falls from Covid peak.
Lobby group questions MPs expenses amid cost of living pressures
Politicians spent nearly $3 million on accommodation and travel in the first three months of this year, according to the latest quarterly expenses for MPs. Audio
Morning Report Essentials for Wednesday 29 May
On today's episode, Labour leader Chris Hipkins joins us to discuss tomorrow's budget, Te Pati Maori are urging people to protest the Government's policies on Thursday - Budget Day, we hear from… Audio
Electricity infrastructure demands to push monthly bills up
The Commerce Commission says the average electricity bill is set to increase by $15 a month from April next year. Audio
Fisher & Paykel Healthcare's full year profit fell 47 percent
The company said the bottomline was adversely affected by three abnormal one-time items.
Can tax cuts really address the cost of living?
It's the centrepiece of National's response to rising costs. But what do the numbers say? Audio
Wellington cafe to close due to 'never-ending' construction
An inner-city Wellington cafe says it's being forced to close its doors by the council's never-ending construction work on the central library and the Town Hall. The cafe's co-founder Rhys Kaan spoke… Audio
Market Update for Wednesday 29 May
Market Update for Wednesday 29 May 2024 Audio
Labour leader Chris Hipkins on budget and planned protests
Parliament is on the cusp of going into urgency to consider the Government's Budget which will be unveiled on Thursday. Labour leader Chris Hipkins spoke to Corin Dann. Audio