Money
Business leader backs Christopher Luxon's proposal to scrap all Labour-introduced taxes
The National Party's promise to scrap all the new taxes introduced by Labour since coming into power has been met with both praise and scepticism. Audio
Ukraine invasion has investors thinking through decisions
The Russian invasion of Ukraine has seen countries across the world cut off financial support and sanction Russian businesses. This has sent stock markets into a frenzy and means more uncertainty for… Audio
As Covid-19 hits wallets, households urged to seek financial advice
Financial mentors are urging people to seek advice as many households remain under pressure due to the impacts of Covid-19.
Investors worldwide spooked by fears over Ukraine nuclear plant blaze
Asian equity markets and the euro suffered heavy losses while oil prices jumped as investors took fright over the fire at the nuclear plant.
'Incompetent and negligent': Advocate hits out as $3m fund for victims not spent
Not a cent of a new $3 million fund for victims of serious crimes has been spent despite applications opening up seven months ago.
NZ state-owned investors to sell Russian assets
New Zealand's state-owned investors are trying to sell some Russian assets.
Changes needed so the cash system can serve the needs of NZers - Reserve Bank
The central bank's 2021 cash survey found nearly two-thirds of New Zealanders were using cash to pay for everyday things, compared with nearly everyone in 2017 and 2019.
Midday Business News for 3 March 2022
News from the business sector, including a market report. Audio
Credit approvals continue to be hit by changes to rules - Centrix
The latest credit data from Centrix shows lending had become more restrictive since changes to the Credit Contracts and Consumer Finance Act (CCCFA) came into effect in December, as the number of…
Union labels DHBs’ court action a 'cynical move'
A "mix of outrage, disappointment and despair" is some health workers' reaction to news a court injunction has been filed to prevent their strike action.
Landmark Homes Otago franchisee ran out of money, parent company says
A building company with 13 franchises nationwide is confident cash flow issues at its Otago operator is an isolated incident.
Midday Business News for 2 March 2022
News from the business sector, including a market report. Audio
Global dairy prices rise 5.1 percent to record high
The average price at the fortnightly global dairy auction has risen to US$5065 a tonne.
'Glaring omission' corrected with extra funds for Marlborough Heritage Trust
The $170,000 of extra funding will help ease the pressure on the trust due to insurance hikes and the effects of Covid-19, say district councillors.
Midday Business News for 1 March 2022
News from the business sector, including a market report. Audio
NZ signs trade deal with United Kingdom
New Zealand has signed a significant trade agreement with the United Kingdom.
The new deal means virtually all New Zealand's exports into the UK will not carry a tariff.
The government estimates it… Audio
Midday Business News for 28 February 2022
News from the business sector, including a market report. Audio
Inflation largely driven by factors out of NZ's control - RBNZ governor
The head of the Reserve Bank says oil prices have been the most notable driver of inflation pressures for New Zealand.
Midday Business News for 25 February 2022
News from the business sector, including a market report. Audio
Record-high property resale profits in December quarter - CoreLogic
House sellers have been smiling all the way to the bank but that is likely to change, according to a new report.