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Business headlines with summaries.
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Trump’s massive ‘reciprocal’ tariffs are now in place, upending global trade
Analysis: The Trump administration has piled on heaps of new "reciprocal" tariffs on dozens of American allies and adversaries alike, who are now all set to pay a steep price for the plan.
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Reserve Bank cuts official cash rate to 3.5 percent
9 Apr 2025The central bank said the economy was facing headwinds, but inflation was contained and there were signs of growth.
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Restaurant owner who served recalled possibly toxic noodles fined $30k
A Christchurch restaurant owner who served recalled ramen meals to customers and breached immigration law has been sentenced to six months home detention and fined $30,000.
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Retailers need more support to offset construction work disruption - research
9 Apr 2025Disruption has been felt widely through projects such as Auckland City Rail Link and Wellington's 'Let's Get Wellington Moving'.
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How much difference does a pylon make to house prices?
About 11,000 people around the country have Transpower "assets" such as pylons on their land. Another almost 20,000 have power lines running above.
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Deadline for comments on copper access: What you need to know
9 Apr 2025The Commerce Commission is calling for views on its recommendation that would see the copper network switched off sooner
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'No one knows what the end game is'
9 Apr 2025NZ consumer confidence is ailing, with the malaise expected to linger longer given a long list of reasons for concern.
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China censures Trump tariff 'blackmail' as market turmoil eases
8 Apr 2025The rebuke came after Trump said he would impose an additional 50 percent duty on US imports from the world's second biggest economy.
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'Extreme fear' guiding markets as stocks continue decline
9 Apr 2025Cheap stocks and hope for signs of trade negotiation sent markets surging - but that relief rally evaporated as the White House said it would levy enormous tariffs on China.
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Why 4.5% home loan rate could be on cards after US tariffs
9 Apr 2025Interest rates fell significantly, as stock markets were sent reeling this week.
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Alpine Energy ordered to refund $16.9m after overcharging
9 Apr 2025The Commerce Commission allowed the Timaru-based electricity provider to increase prices based on incorrect information.
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Huge number of property listings slows rising cost of construction
9 Apr 2025Construction cost growth is slowing, and that may be because buyers have too much choice.
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NZX-50 up one percent at end of day's trading
8 Apr 2025The New Zealand share market has rebounded today, after billions were wiped out yesterday due to the volatility in financial markets caused by the US tariffs.
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Trump's tariff turmoil: 'No-one really knows what's going to happen next'
TVNZ's Jack Tame talks to RNZ's Corin Dann about tariffs, market turmoil and the possibility of a big global recession.
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Christchurch wastewater plant faces five-day strike over work conditons
8 Apr 2025Christchurch City Council states seven workers are on strike, while 14 others continue with their roles.
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Christian Hawkesby appointed Bank Governor for next six months
8 Apr 2025The search is on to replace former Governor Adrian Orr.
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Briscoes, Rebel Sport staff want pay rise that keeps up with cost of living
8 Apr 2025Economists say they aren't the only workers getting "effective pay cuts".
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Far North retail, hospitality workers interviewed about employment conditions
8 Apr 2025Inspectors visited 58 stores and hospitality businesses in the region.
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Alpine Energy ordered to refund $16.9m after overcharging
9 Apr 2025The Commerce Commission allowed the Timaru-based electricity provider to increase prices based on incorrect information.
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Thirty-day union rule for employment contracts to be scrapped
8 Apr 2025The coalition government is scrapping the 30-day rule that automatically signs an employee up to the collective agreement when they sign on to a new job.
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Du Val owners ordered to meet receivers, answer questions under oath
8 Apr 2025The receivers want to understand which of the assets are theirs and which belong to Du Val entities, but the owners have been refusing to talk.
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S&P500 sees biggest market swing ever recorded
It followed the second-biggest just a few days earlier.
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Businesses more optimistic despite challenges
8 Apr 2025Business sentiment improved in the three months ended March despite having weaker sales, shedding staff and increased inflation pressures.
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