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Business & Economy
Midday Report Essentials for Thursday 11 July 2024
On today's episode, David Tamihere's long-time lawyer says he is disappointed by the Court of Appeal's decision to uphold his murder convictions. Interislander's executive general manager denies… Audio
First bank cuts home loan interest rates after RBNZ shift
Westpac is the first bank to move after the Reserve Bank changed its tone on the outlook for the official cash rate.
Food prices down for first time in six years
Food prices have dropped for the first time in six years, according to new figures released today. Stats NZ says the cost of food has decreased by 0.3 percent in the year to June. Stats NZ's consumer… Audio
Frustration over Reserve Bank 'flip-flopping'
The central bank's stance appears to have shifted a lot - and not everyone is happy. Video
Morning Report Essentials for Thursday 11 July
In the show today, New Zealand first leader and Acting Prime Minister Winston Peters is demanding more answers about the grounding of the Interislander Aratere ferry, Leaked documents about the Cook… Audio
Key shareholder backs last-minute, $130m loan for Synlait
Synlait needs the loan from its 39 percent shareholder to repay its debt to banks by Monday.
Cost of building single story house drops
The cost of bricks and mortar for building a new single storey house has dropped for the first time in at least 12 years. The latest Cordell Construction Cost index from CoreLogic shows a… Audio
Fisherman wants to know if he has been asked to leave hut for space missions
An 83-year-old Canterbury fisherman wants to know if he is being given the heave-ho from his lakeside hut because a company wants to launch rockets nearby. Don Brown says he can't help thinking he and… Audio
Cost of building new brick and tile house drops
The cost of building a new single-storey brick and tile house has dropped for the first time in more than a decade. CoreLogic tracks construction costs and released its quarterly report this morning -… Audio
Is the golden age for property investment over?
Investors have done well in recent decades, but there is a warning future gains may be more limited.
Early Business News for 11 July 2024
Latest news from Radio New Zealand's business team. Audio
After AK floods last year, couple fear never owning house again
A West Auckland couple fears they've been booted off the property ladder after a buyout offer from the council in the wake of last year's floods - Mahvash Ikram has the story. Audio
Retail giant Amazon turns 30
Thirty years ago, Jeff Bezos started a company which would one day be known as Amazon - and which would change the course of retail - and, indeed, the world - irrevocably. Author Natalie Berg joins… Audio
NZ brain drain likely to continue until interest rates drop - recruiter
The latest migration statistics are "quite phenomenal", a recruitment agency director says. Audio
The Panel with Georgie Stylianou and Martin Cocker (Part 1)
Tonight on The Panel, Mark Leishman and panellists Georgie Stylianou and Martin Cocker discuss the Reserve Bank (RBNZ) holding the OCR at 5.5 per cent and Green voters, have they lost confidence in… Audio
Evening business for 10 July 2024
News from the business sector, including a market report. Audio
Auckland's Wynard bridge must reopen in time for Sail GP, businesses warn
Waterfront business in Auckland are celebrating the return of the Sail GP regatta next year, but stress a vital link to the district needs to be up and running when it happens.
