Navigation for News Categories
Business
Business headlines with summaries.
-
Bed and mattress company Winkl goes into liquidation
2 Nov 2024Earlier this year concerns had emerged over the safety of the company's mattresses which contain glass fibres.
-
Big drop in meat processing hits export volumes
Meat Industry Association data shows $564 million of red-meat was exported in September - eight per cent less than September last year.
-
Interest rate warning from country's biggest bank
1 Nov 2024It is getting closer to the time when locking in a longer-term home loan rates makes sense, economists say.
-
Director jailed for 'worst of its kind' tax offending
An analysis of Asia Pacific Group's bank accounts showed that more than $800,000 had been diverted for the woman's personal use.
-
Why hundreds of people are having to give money back to KiwiSaver
1 Nov 2024Although the process goes smoothly for most, plenty are hitting a problem.
-
Spark leaders address falling share price at AGM
1 Nov 2024At its annual meeting on Friday, Spark shareholders have voiced concerns about financial management.
-
Enter Taxman: IRD chasing shirkers
1 Nov 2024The Inland Revenue says it has started visiting nearly 300 businesses - identified from anonymous tipoffs - as part of its work on the "hidden economy".
-
Number of houses for sale hits decade high
1 Nov 2024The latest real estate figures show 32,000 homes were for sale.
-
EU probes shopping app Temu over illegal products
1 Nov 2024Chinese online retailer Temu will be investigated over concerns the site is doing too little to stop the sale of illegal products, in an investigation that could lead to large fines.
-
Home insurance costs twice as much in Wellington as in Auckland
1 Nov 2024One owner says premiums on his Wellington properties have doubled since 2015.
-
Watchdog sues GIB maker over anti-competitive behaviour
1 Nov 2024The Commerce Commission says Winstone Wallboards use of rebates in supply agreements with building supplies merchants breached the Commerce Act.
-
Shoppers turn away from high-end fashion as retailers close doors
1 Nov 2024More NZers are snapping up pre-loved clothing as the cost of living bites. Audio
-
Cruise tourism brought $1.37b into NZ last year - report
About 1011 cruise ships visited in a year, with Auckland receiving the biggest piece of the pie.
-
Getting ready for the last Christmas at Smith & Caughey's
1 Nov 2024For 18 years, the department store has been putting on "mammoth" Christmas displays - but the writing is on the wall.
-
Home values fall again, but pace of decline slowing
"The end could be in sight" for the recent downturn, CoreLogic economist says.
-
NZ strikes trade deal with six Gulf nations
1 Nov 2024Fifty-one percent of New Zealand's exports to the Middle East region will now be tariff free on signing. Audio
-
Unhappy meal? Submissions overwhelmingly reject Wānaka McDonald's
1 Nov 2024The majority of submissions made about a McDonald's restaurant opening in Wānaka are not lovin' it.
-
NZ workers stressed, burnt out - survey
31 Oct 2024Younger people appear to be feeling more financial stress than their older colleagues, Employment Hero co-founder Ben Thompson says.
-
Credit demand down but arrears up
1 Nov 2024With the economy still weak people are cautious about spending, credit bureau chief executive says.
-
Business confidence at fresh 10-year high
31 Oct 2024It comes as falling interest rates drive renewed hope into firms.
-
Lower risk of another house price boom
31 Oct 2024RBNZ has released a housing update ahead of next week's financial stability report.
-
SkyCity Entertainment battling economic odds
31 Oct 2024The casino company says it's still battling the odds with revenue dampened by the slow economy, with another hit in prospect, as dividends remain off the table for now.
-
How much have prices risen in five years?
31 Oct 2024Inflation may be back within the Reserve Bank's target range, but the past few years have left prices much higher than they were before the pandemic.
-
How $5 could turn into $5000 for your kids
31 Oct 2024If you want to get your kids off to a good start financially, small contributions to KiwiSaver could make a big difference, the country's largest provider says.
Top News stories
- Westland residents warned to stay off roads amid severe weather warnings
- All Blacks beat world No 1 Ireland in Dublin
- Missing Marokopa family: Tom Phillips' father speaks out for first time
- Can I buy a house when I'm on a fixed-term contract? Ask Susan
- Emergency responder indecently assaulted woman during Cyclone Gabrielle recovery
