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Business headlines with summaries.
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Call for Commerce Commission probe of New Zealand air fares
22 Apr 2024The airline sector is ripe for the kind of investigation that has been carried out in the grocery and banking sectors, Consumer NZ believes. Audio
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Mice cause chaos on ship carrying 1.2 million trays of Zespri kiwifruit
24 Apr 2024The company is working out how much of the $25m shipment - its first to Europe this season - has to be dumped.
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TVNZ still has money for IT upgrade, despite job cuts
23 Apr 2024TVNZ says it must press ahead with big spending on new technology, while also cutting news jobs and programmes.
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Roadworks, construction have Tauranga businesses fighting for survival
22 Apr 2024The city centre is undergoing a major transformation and while businesses can see the good in it, they are battling to stay in the game in the meantime. Audio
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'Good and bad purposes' of new tech examined in new report
23 Apr 2024New Zealand researchers have produced an international report looking at how to maximise the benefits and minimise risks associated with rapidly developing technologies, such as AI and gene editing.
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Banks need to improve risk management, RBNZ says
22 Apr 2024It comes after RBNZ stress tested the top five banks' ability to cope with drought, floods, and risks that might emerge because of efforts to decarbonise the economy through to 2050.
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Air NZ increasing domestic fares from tomorrow
Air New Zealand has announced changes for its short-haul flights later this year, but prices increases are coming first. Audio
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Woolworths rolls out body cameras in all stores
22 Apr 2024The chain has seen a 75 percent increase in physical assaults in three years. Audio
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Ryman Healthcare CEO Richard Umbers resigns
22 Apr 2024The company's performance has been below expectations in recent times, Ryman's chairperson says.
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Tesla cuts prices around the world
22 Apr 2024Tesla is grappling with falling sales and an intensifying price war for electric vehicles, especially against Chinese EVs.
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The 'remarkably different' beer hops of Taranaki
17 Apr 2024A Taranaki brewer is excited about the distinctive flavour of beer made from hops grown in the region's hill country.
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Anzac Day: What's open, what's not and when you have to pay a surcharge
22 Apr 2024On Anzac Day, most shops need to stay shut for the first half of the day till 1pm.
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The Auckland record store pressing vinyl made out of cooking oil
20 Apr 2024It's Record Store Day, and one Auckland shop is taking the new-found interest in vinyl one step further.
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Air New Zealand drops earnings guidance by $10m
22 Apr 2024Domestic travel is weaker and corporate demand is subdued, the national carrier says.
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More optimism by busineses on economy - survey
22 Apr 2024More than half of business leaders are feeling more optimistic about economic outlook over the next 12 months.
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Profit squeeze on the cards for New Zealand's big four banks - rating agency
22 Apr 2024The country's subdued economy will be felt in the performance of ASB, ANZ, BNZ, and Westpac, Fitch Ratings says.
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'Tens of thousands' of jobs may go, warns business editor
The NZ Herald's business editor says the swingeing public sector job losses are just the beginning - and we could see up to 30,000 jobs go across Aotearoa in the next year. Audio
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Vendor financing of business sales skyrockets
22 Apr 2024There are still plenty of would-be business buyers in the market, but prices are under pressure says the managing director of a business brokerage.
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Music lovers out in force for Record Store Day
20 Apr 2024At one shop, people started lining up at 3.15am ahead of the annual celebration of independent record stores and the music they sell. Audio
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Blackwell Global director Michael Chai arrested in the Philippines
19 Apr 2024Chai was arrested and detained in January while trying to board a plane to Hong Kong.
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Latest job stats show public sector cuts being felt
19 Apr 2024Trade Me data showed listings for jobs in central government were down 77 percent year on year. Audio
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Economy not expected to improve until mid-2025 - Infometrics
19 Apr 2024Households and businesses are being advised to keep a close eye on costs until the middle of next year, when economic conditions are expected to improve.
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Air NZ extends pause on Chicago service over engine 'challenges'
19 Apr 2024Air New Zealand plans to increase capacity to key markets and bring back a couple of popular routes for the summer, but has extended the cancellation of its Chicago service.
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Online education start-up NextWork raises $2.3m in funding
19 Apr 2024Start-up NextWork wants to upskill the growing number of displaced non-tech workers as the use of artificial intelligence grows.
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