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Business & Economy
Government has priorities wrong over tax cuts: Economist
An economist says the Government has its priorities wrong, as it continues to insist on tax cuts despite a worsening economic outlook.
Treasury's economic outlook is significantly worse than was… Audio
Early Business News for 28 March 2024
Latest news from Radio New Zealand's business team. Audio
Auckland's Wynyard crossing bridge closure causing strife for businesses
The bridge is stuck in the up position, after closing to the public in January due to several faults and it's unclear when it will reopen.
Willis promises tax cuts as late return to surplus revealed
The government's books are in worse shape than thought but the Finance Minister says she will deliver. Audio
'Hypocrisy and incompetence': Opposition denounces Budget Policy Statement
Labour leader Chris Hipkins says the delay to announcing the Budget allowance shows the "level of dysfunction that this government seems to be operating under".
Midday Business News for 27 March 2024
Fish farmer New Zealand King Salmon's full year profit has leapt higher on reduced fish deaths as its recovery continues.
Anan Zaki has the business news. Audio
Southland businesses hit as farmers slow spending
The Southland Chamber of Commerce says nearby service industries are doing it tough as farmers spending drops.
Shoppers still waiting to see savings on fruit and vegetables
Supermarket shoppers say they're holding out for savings on fruit and vegetables, after the announcement that prices have fallen.
Woolworths New Zealand says better growing conditions are to thank… Audio
Government to release budget policy statement
The Government's budget policy statement will be out on Wednesday.
Expectations are that it will highlight an economy going backwards, and hint at a delay in reaching surplus and more borrowing.
RNZ… Audio
Govt provides $18m boost for NZers to travel for specialist health treatment
The coalition government is delivering an $18 million boost to New Zealanders needing to travel for specialist health treatment.
Among the improvements are what Health Minister Shane Reti calls "long… Audio
Economy likely a 'slow grind' over 2024, ASB predicts
ASB's latest quarterly economic forecast shows the economy will likely stay flat over 2024, due to interest rate pressures and "some pockets" of increasing living costs.
Early Business News for 27 March 2024
Latest news from Radio New Zealand's business team. Audio
Disability Support Network on funding boost
The Labour party says it's a "massive vote of no confidence" in the Disability Issues Minister that Cabinet has now assumed responsibility for future decisions about disability funding.
This comes… Audio
Fewer jobs advertised, applications rise for fifth consecutive month
The number of job ads in February fell 3 percent on the month before, with main centres recording the largest drop in hiring activity.
Entry barriers for digital bank start-ups too high in NZ, fintech service says
A fintech service says the government needs to take action on the Commerce Commission's draft report on personal banking to make it easier for new digital banks to compete.
Droves of workers living in cars due to housing shortage
Working families on two incomes are increasingly among those who can no longer afford rent, charities and advocates in Northland say.