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Business headlines with summaries.
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Sunflower community project brightening Central Hawke's Bay
22 Feb 2025A dairy farm field filled with sunflowers in Central Hawke's Bay is bringing joy and happiness to the local community, with people invited to walk through the flowers, and pick some to take away.
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Here's how much your income hasn't been keeping up with your housing costs
20 Feb 2025Almost one third of the lowest-earning households in the country spent more than 40 percent of their income on housing costs.
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More banks will lower fixed mortgage rates - economists
20 Feb 2025An economist says he expects to see banks offering more fixed rate mortgage cuts over the couple of weeks following the Reserve Bank's 50 basis point cut to the official cash rate. Audio
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How a war on 'woke banking' could backfire on NZ
20 Feb 2025Analysis: NZ First's "woke banking" bill - takes aim at efforts to build sustainability concepts into investment practices, Martien Lubberink writes.
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Air NZ profit falls as passenger numbers slip, planes grounded
20 Feb 2025The number of passengers was down 3 percent to just over eight million.
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SkyCity takes a hit as gamblers limit spending
20 Feb 2025The casino operator's revenue was also affected by higher regulatory costs.
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Major banks cut interest rates after OCR drops
19 Feb 2025One property economist is warning that the extent of future retail rate cuts could be limited, despite this.
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Auckland Airport reports half year result with $187.3m net profit to December
20 Feb 2025Auckland Airport has reported an improved first half result, though growth in passenger traffic has been more subdued than expected.
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No, 'Harbor Lane' is not closing: Online store cashes in on Wellington's gloom
20 Feb 2025"If a deal looks too good to be true, it probably is," Retail NZ chief executive Carolyn Young told RNZ.
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Microsoft signs deal with Spark to accelerate its AI services
20 Feb 2025Microsoft NZ has signed its biggest ever deal yet to enable Spark to accelerate its AI services, with flow-on benefits to the wider business community.
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High-profile journalists to go as NZME announces 30 job cuts
19 Feb 2025The New Zealand Herald owner is slashing roles across its newsrooms.
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Reserve Bank slashes cash rate again
The 50 basis-point cut sends the OCR to a two-year-low of 3.75%
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