Lack of demand now 'number one problem for businesses' - investment manager
Wednesday, May 8,2024,04:43
The new economic reality has hit a growing number of companies as they reveal significant hits to their earnings and profits. .. read more..
Australian visitors bounce back strongly despite not meeting pre-Covid-19 levels
Wednesday, May 8,2024,03:03
Australian visitor numbers are bouncing back strongly, despite representing the country's largest gap in visitor volume. .. read more..
Here's what you should be earning at any age
Wednesday, May 8,2024,01:24
What are the numbers relevant to your demographic and how does your income stack up? .. read more..
ANZCO posts full-year profit, bucking industry trend
Tuesday, May 7,2024,22:16
The profit is a standout considering other major meat players, Silver Fern Farms and Alliance, have posted big losses. .. read more..
First home buyers benefit from lower prices and less competition - CoreLogic
Tuesday, May 7,2024,17:54
First home buyers accounted for 26 percent of purchases in the first quarter of 2024, which was higher than the long-term average, latest data indicates. .. read more..
Ports of Auckland to increase price, volumes to deliver $1b profits to council
Tuesday, May 7,2024,07:09
But there are no penalties if it does not keep up its end of the bargain. .. read more..
Restarting redundancy process would cause significant disruption for TVNZ
Tuesday, May 7,2024,04:29
E tū union has told the Employment Relations Authority it wants to see the broadcaster restart its redundancy process and "work properly" with staff to shape the future for the organisation. .. read more..
Sheep farmers cutting costs, looking for new income sources as prices plummet
Tuesday, May 7,2024,00:28
One of them said Wellington was "a vortex sucking cash out of the rest of the economy". .. read more..
KiwiSaver investments ride wave of optimism
Monday, May 6,2024,23:47
Optimism in global markets has driven an improvement in the value of KiwiSaver assets in the first quarter. .. read more..
ANZ Bank reports rise in net profit
Monday, May 6,2024,23:47
The country's biggest bank has posted a steady first-half result reflecting a challenging economic environment that is expected to continue for the rest of the year. .. read more..
TVNZ did not follow 'proper process' of sharing information with employees, u...
Monday, May 6,2024,06:21
TVNZ's head of news told the Employment Relations Authority he had considered axing Fair Go and Sunday in December, but did not think it was appropriate to talk to staff at that time. .. read more..
Reefton could hold 5 percent of world's supply of antimony
Monday, May 6,2024,05:24
An Australian mining company predicts this town could have up to 5 percent of the world's supply of antimony. .. read more..
Inflation, education and productivity: Some of the problems NZ needs to fix, ...
Monday, May 6,2024,04:15
The country is being told it needs to get inflation under control, balance the books, raise educational achievement, and lift productivity. .. read more..
Education, productivity and emissions: Three big problems NZ needs to fix, ac...
Monday, May 6,2024,02:31
Economic growth is sluggish - and the problems are a familiar list. .. read more..
Demand from China for NZ red meat weakens
Monday, May 6,2024,00:37
Bit it was partly offset by good demand from other markets, the meat industry association says. .. read more..
Westpac's profit holds up in face of downturn in economy
Monday, May 6,2024,00:13
The bank's net profit rose 11 percent in the six months ended March over the year earlier. .. read more..
Ruapehu Alpine Lifts former boss bids for Whakapapa ski-field again
Sunday, May 5,2024,23:08
Dave Mazey previously tried to buy the ski-field, but withdrew because of concern over its viability. .. read more..
Westpac profits hit hard by economy
Sunday, May 5,2024,22:51
The bank's net profit is down by 11 percent on the period ended September 2023. .. read more..
Tourism Holdings cuts earnings forecast by about a third
Sunday, May 5,2024,22:31
Rental yields were in line with expectations, but the company warned a slowdown in forward booking intakes would lead to weaker than expected performance for the rest of the financial year. .. read more..
'Another challenging couple of weeks' for businesses as Brynderwyns reopening...
Sunday, May 5,2024,22:14
A Northland business owner says it was horrific to see yet another slip on the Brynderwyn hills, just weeks away from when it was supposed to re-open. .. read more..
Spark warns of lower earnings due to tough trading conditions
Sunday, May 5,2024,21:58
Telecommunications company Spark is warning of lower earnings because of belt tightening by consumers, business and government. .. read more..
Woman seeks $30k refund from builder as garage sits unfinished
Sunday, May 5,2024,20:56
"I think he's blocked me": Roshni Devi says a builder has left her in the lurch with an unfinished job and poorly done flooring. .. read more..
Financial technology sector investment has 'fallen off a cliff'
Sunday, May 5,2024,19:59
Investment had fallen off in line with the increase in interest rates, the Technology Investment Network says. .. read more..
The future of farming: How technology can get NZ farms a competitive advantage
Saturday, May 4,2024,08:43
NZ could have a competitive advantage to be the closest to net zero dairy in the world, fifth-generation farmer Stu Taylor says. .. read more..
'Nobody's coming to save us' - How capitalism became a 'vulture'
Saturday, May 4,2024,08:09
Economist Grace Blakeley takes aim at the dominance of corporate economic power in society in Vulture Capitalism. She talks to RNZ's Saturday Morning about what can be done. .. read more..
Buyer's market, but not many buyers: What is happening with the NZ housing ma...
Friday, May 3,2024,20:53
Analysis - It is a buyer's market but high interest rates are keeping them out; house values have dropped, leaving sellers with reduced bargaining power. .. read more..
Seeking screen time: Impacts of Covid-19 pandemic still being felt at movie t...
Friday, May 3,2024,08:52
A New Zealand cinema chain says the industry is yet to recover to pre-pandemic levels, with not enough consistent revenue coming through its doors. .. read more..
And that's the news - TVNZ airs final midday news bulletin
Friday, May 3,2024,05:02
TVNZ's midday news bulletin has aired its last show today, amid cuts to local programming. .. read more..
Businesses most concerned about weakening demand for goods and services - report
Thursday, May 2,2024,23:39
In a shift, the report says the economic outlook has moved "from an extremely negative position to a largely neutral one". .. read more..
NZ Fashion Week 2024 cancelled
Thursday, May 2,2024,22:57
'"The reality is that consumer confidence is at an all-time low and the fashion retail industry has been particularly affected," organisers say. .. read more..
NZ Fashion Week's cancellation just the latest blow for under-pressure fashio...
Thursday, May 2,2024,22:25
Designers are in "survival mode", and there are concerns about further closures in the sector. .. read more..
ANZ exits wholesale funds management
Thursday, May 2,2024,22:06
ANZ Investments to exit Wholesale business and focus on better outcomes for everyday Kiwi investors .. read more..
Phone, internet complaints remain consistently high
Thursday, May 2,2024,20:22
Telecommunications companies are yet to get on top of problems with customer billing, with little change in the number of complaints from year to year. .. read more..
‘No more Popeye’: Fish’n’chip shop forced to drop name by fast food giant
Thursday, May 2,2024,18:54
Signs were being pulled down at the enduring takeaways shop in Manawatū, just as as fast food lovers in Auckland were clamouring for their first taste of Popeyes' fried chicken. .. read more..
'No more Popeye': Fish'n'chip shop forced to drop name by fast food giant
Thursday, May 2,2024,18:54
Signs were being pulled down at an enduring takeaways shop, just as as fast food lovers in Auckland were clamouring for their first taste of Popeyes' chicken. .. read more..
Stewardship reporting steps up in first year of code
Thursday, May 2,2024,18:49
In the first year of New Zealand’s Stewardship Code, most of the signatory investment managers released some form of stewardship reporting, a 2023 review shows. .. read more..
Council 'taking our business away': Iconic Wellington cafe asked to shut shop
Thursday, May 2,2024,06:03
Nikau says it was notified only a day before City Gallery Wellington publicly announced its closure - a move that will likely mean the end of the iconic cafe. .. read more..
Auckland Airport's new terminal bridges domestic, international services
Thursday, May 2,2024,05:13
It will bring domestic and international transfers, check-ins and bag drops under one roof. .. read more..
Canada dairy trade dispute rolls on as changes fail to comply with rules, min...
Thursday, May 2,2024,04:47
Trade Minister Todd McClay says New Zealand will not back down. .. read more..
Renters and realtors upset at scrapping of bill to regulate property managers
Thursday, May 2,2024,01:34
Renters and realtors are upset with a government decision to scrap a bill meant to regulate property managers over concerns about unethical and unlawful behaviours. .. read more..
Bank of New Zealand feels squeeze from higher costs, reduced margins
Wednesday, May 1,2024,23:51
The Bank of New Zealand is weathering the slowing economy, but is feeling the squeeze from higher costs and reduced margins. .. read more..
Retailers, manufacturers and other businesses struggling amid economic downturn
Wednesday, May 1,2024,22:54
High interest rates and persistant domestic inflation are the biggest drags on business outlook. .. read more..
Auckland's Wynyard bridge closure: 'These are peoples' livelihoods at risk'
Wednesday, May 1,2024,21:56
Businesses in the area of downtown Auckland are reporting a drop in turnover so large they don't have the funds to pay staff. .. read more..
Number of businesses seeking help to downsize doubles as unemployment grows
Wednesday, May 1,2024,21:50
An advocate says businesses are hurting and are reluctantly having to lay off workers. .. read more..
Government to tweak Building Act to make building a home easier
Wednesday, May 1,2024,18:53
Building and Construction Minister Chris Penk says it takes nearly 600 days to build a house in NZ - and that is simply too long. .. read more..
RBNZ says there's a moral hazard risk with deposit guarantee
Wednesday, May 1,2024,17:26
There's a “moral hazard risk” the the deposit guarantee scheme could lead some people to chase the higher interest rates offered by non-banks, Reserve Bank governor Adrian Orr told journalists. .. read more..
Does fighting inflation always lead to recession? What NZ data tells
Friday, April 26,2024,05:02
Here is what 60 years of New Zealand data shows us. .. read more..
Flint: The platform of mystery
Friday, April 26,2024,01:03
Online fund platform Flint Wealth says things are going well but won't disclose how much funds it has on platform. .. read more..
Refreshed liquidity guidance a step forward
Tuesday, April 23,2024,23:17
Updated guidance from the Financial Markets Authority on how fund managers and supervisors can effectively manage liquidity has been welcomed by the boutique investment group (BIG). .. read more..
Mindful Money Announces 2024 Conference and Awards: Mainstreaming Impact an...
Tuesday, April 23,2024,22:33
Mindful Money, the leading public voice in ethical investing in New Zealand, is thrilled to announce its groundbreaking 2024 Conference and Awards. .. read more..