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A new business could be our second-largest power user
The country's two biggest users of electricity could both soon be located in Southland.
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What's going on with the price of mince?
37 minutes agoMeat, poultry and fish have increased, up 7.5 percent annually.
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My Food Bag on track for profit growth
2 minutes agoThe company is forecasting its full-year net profit will be between $6.4 million and $6.8 million
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Wattie's NZ's proposed cuts 'a really big blow' to seed, arable growers
10:47 am todayThe seed industry was taking stock of what last week's announcement by Wattie's would mean for growers.
Business headlines with summaries.
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A camera to tell if drivers are drunk
7:40 am todayThe facial recognition technology being developed could detect if someone is driving drunk with just a three second video. Audio
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No reason to expect price shock this winter, says Major Electricity Users Group
16 Mar 2026The group's chair pointed out the country's hydro lakes have more water than normal and there was the strategic stockpile of coal at Huntly. Audio
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Farmers face uncertain future as fuel prices skyrocket
Gavins business manager Chris Paterson said they have been forking out an extra $60,000 a week since prices went up. Audio
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Average 91 petrol price surges past $3 as Willis slams EV subsidies
16 Mar 2026Petrol stations across the country are seeing more drivers filling up, while the Finance Minister defends dropping what she says were "subsidies to millionaires in Remuera". Audio
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'Loyalty tax': Complaint over insurer's gift card promotion
16 Mar 2026New customers were offered $200 incentives by IAG brands, which irked one consumer.
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Fuel crisis: Which foods will rise in price fastest, and when?
Food prices are likely to rise if war in the Middle East keeps pressure on oil prices - but some types of food may be more affected than others. Audio
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IRD warns of jail time for employers failing to pass on tax deductions
16 Mar 2026The department has issued a "revenue alert" over the failure of some employers to pass on PAYE deductions.
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Average home in Cromwell passes $1m as Queenstown forces buyers further
16 Mar 2026Cromwell house prices have risen by more than 14 percent since 2022.
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Fonterra chief executive Miles Hurrell resigns
16 Mar 2026Fonterra's chair says after a 25-year career with the dairy giant Hurrell has decided that the time is right for him to leave.
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Services recovery hits brick wall
16 Mar 2026The services sector recovery has come to an abrupt halt after only two months in expansion.
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Buyers and sellers 'patient' as house prices lift, REINZ says
Infometrics said the increase in prices between January and February was the sharpest in two-and-a-half years.
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Shoppers warned to brace for higher grocery prices
16 Mar 2026The conflict in the Middle East is driving up the cost of freight and fuel. Audio
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'Done the job': Layer of regulation on telcos could be lifted
16 Mar 2026The intervention was designed to help increase competition in a market dominated at the time by Telecom and Vodafone.
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New gift card rules a headache for small businesses - Retail NZ
16 Mar 2026A retailing industry group says the new rules will cause compliance headaches and put debt pressure on businesses. Audio
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Law change could let IRD change its interest rates more quickly
When there is downward pressure on rates, and Inland Revenue is slow to move, taxpayers are exposed for longer to higher charges.
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Emergency stockpile oil coming soon to Iran-wracked markets, IEA says
16 Mar 2026Stocks from Asia and Oceania countries will be available immediately and stocks from Europe and the Americas will be available at the end of March.
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Fuel crisis: Gull stations run out of petrol, again
15 Mar 2026Stations across the country are struggling to keep up with the 15 percent increase in demand, a Gull spokesperson says.
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'AI illiterate' NZ at risk of being left behind, expert says
15 Mar 2026A new $3.5 billion data centre that will be built near Invercargill is being touted as the country's first "artificial intelligence factory" - but will Kiwis get the most out of it?
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Petrol costs bite for travelling care workers
15 Mar 2026The subsidy they get to help pay for fuel has not changed since 2022.
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No Stupid Questions: Should I pay off my mortgage or save for retirement?
Money correspondent Susan Edmunds answers questions around KiwiSaver and mortgages.
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Buzzfeed has ‘substantial doubt’ it can stay in business
The digital media company that took the mid-2010s by storm is synonymous with viral videos and online quizzes.
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Has the Middle East war reached a worst-case scenario?
13 Mar 2026Bloomberg reported "international and US efforts to mollify oil markets continued to fail in the face of the long-feared worst-case scenario".
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Pumps run dry on discount day, as panic adds pressure
13 Mar 2026Gull says some of its sites have not been able to meet demand after it cut prices during a regular promotion.
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Job performance reviews - why do we still use them?
13 Mar 2026Researchers have shown for years such systems are backward‑looking, can distort worker behaviour, and overlook collaboration and learning.
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