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Business headlines with summaries.
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'We don't make excess profits' - Bank tells MPs $2b annual profit 'fair'
ANZ's top brass have pushed back against suggestions it's making too much profit.
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Supermarkets closing early to avoid late-night anti-social behaviour
23 Oct 2024Multiple Auckland supermarkets are reducing their trading hours over safety concerns.
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Mid-sized businesses report return in customer demand
23 Oct 2024Mid-sized business sentiment is being lifted by rising sales and production in the lead up to Christmas.
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Kiwis powerless on insurance premium hikes - advocate
23 Oct 2024An Australian insurer has been told to unwind a 60 percent increase to a customer's insurance premiums after the person complained - but New Zealand policyholders do not have the same recourse.
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Major hotel operator returns to Christchurch with $32m buyout
23 Oct 2024Millennium and Copthorne Hotels is returning for the first time since the 2010 and 2011 earthquakes.
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Are there really 'secrets banks don't want you to know'?
23 Oct 2024You've probably seen the ads - but can you really 'pay off your mortgage in seven to 10 years'?
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Fletcher Building's revenue continues to fall
23 Oct 2024Fletcher Building says its first-quarter materials and distribution business is down 10 to 15 percent - and will stay that way for a while yet.
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'Optimism is the key word': Retailers more confident about future
23 Oct 2024Retailers are feeling more confident about their future, even though many are still struggling to meet sales targets, given the high costs of living and doing business.
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Hazardous substances a problem throughout industry, claims owner
22 Oct 2024Salters Cartage is being forced to pay $4 million in a landmark proceeds of crime settlement over the death of Jamey Bowring in 2015.
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Weedkiller deemed OK in NZ pulled off Australian shelves
14 Oct 2024The Environmental Protection Authority issued new rules for using the herbicide in September.
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Is criticism of Reserve Bank unfair?
22 Oct 2024The Reserve Bank has been surprised by the pace of decline in the inflation rate.
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What are the Yeah, Nah Awards, and why don't companies want to win one?
22 Oct 2024Compostable dog poo bags that can't be composted ... because they contain dog poo are among the winners of Consumer NZ's new awards. Audio
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'The best is yet to come': Fibre infrastructure could bring $163b in economic benefits
22 Oct 2024However, fibre coverage would need to improve to 95 percent from the current 87 percent, Deloitte says.
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Jumbo, 75-point OCR cut possible - experts
22 Oct 2024Debate is growing about whether the Reserve Bank should make a massive cut to the official cash rate next month.
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The controversial tenure of Fonterra boss Theo Spierings
22 Oct 2024Spierings, who died over the weekend, was a high-profile chief tied to Fonterra's global ambitions and whose paycheque was never far from public debate.
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Facebook owner Meta restarts facial recognition tech in 'celeb-bait' crackdown
The photos of 50,000 public figures will be used to detect and block suspected scam advertisements.
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How to be financially average
22 Oct 2024Forget being the highest-earning, the most dedicated saver or the savviest investor. What if you just want to be average? Here's what you need to earn, save, spend in 2024.
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The Detail: A beginners guide to the economy
22 Oct 2024The OCR goes up to bring inflation down. So now that the OCR is falling, what does it mean for inflation - and what does that mean for New Zealanders?
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Record benefit number sparks unemployment warning
21 Oct 2024Nearly 400,000 people are on some form of benefit - almost the same proportion of the population as after the Global Financial Crisis.
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America's Cup held overseas was 'significant loss' to Auckland hospitality, businesses say
21 Oct 2024"We weren't allowed to be open for customers, we would have opened if the government granted us extended hours like it did with the Rugby World Cup."
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Head of embattled dairy company Synlait resigns
21 Oct 2024It has come just weeks after the company secured its near term survival.
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NZ lacking in housing, rail and flood defences - survey
21 Oct 2024A global survey indicates two thirds of the population believe New Zealand is not doing enough to meet infrastructure needs.
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Family forced to tear out cherry orchard after storm
21 Oct 2024For 16 years Hugh and Linda Findlay have been selling their cherries from a shed near Napier. Audio
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Businessman must pay $4m after workplace death
21 Oct 2024A South Auckland business will pay a multimillion-dollar settlement for a workplace death in 2015.
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