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Business headlines with summaries.
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Food, timber exports up on last year
Export revenue is set to reach $56.9 billion dollars in the year to the end of June 2025, driven by strong dairy prices and rebounding prices for red-meat and logs.
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Industry supportive of government's planned KiwiSaver changes
The government wants to loosen the rules to allow KiwiSaver funds to invest in private assets, housing and infrastructure projects.
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KiwiRail sells ferry for more than double what it paid for it
13 Dec 2024The Valentine was purchased for $9.5 million in September 2022, and sold for $24m a year later.
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Toxic workplaces: 'No job is worth sticking out a terrible manager'
13 Dec 2024The job sounded tempting. Then the shouting and micromanagment began.
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Power crisis cost the economy $300m this year
13 Dec 2024A leading energy analyst estimates this year's power crisis cost the economy $300 million in lost exports. Audio
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Retail hoping for Christmas miracle
13 Dec 2024It's been a tough year for shops, here's how you can help this Christmas.
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How to keep the costs of Christmas down this season
13 Dec 2024The costs of Christmas are already adding up for many of us, so RNZ has some money-saving hacks to help you avoid being in the red this holiday season.
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Investment in big box retail projects expected for Drury
13 Dec 2024Demand for automatic storage and retrieval systems (ASRS) warehouse facilities, which required 20-to-30-metre high structures was driving demand for land in Drury.
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Commerce minister proposes capital market shake-up
The government wants to broaden the range of potential investments for Kiwisaver and make it easier to list on the stock exchange.
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Work party or bonus? What do Kiwis want this Christmas
12 Dec 2024End-of-year celebrations are no longer what they used to be for many New Zealanders. Audio
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Baby toy recalled due to choking hazard
12 Dec 2024A soft ball for babies and young children has been recalled on the basis it poses a choking risk.
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Green investment bank chair resigns amid SolarZero collapse
12 Dec 2024The "green investment bank" has faced questions about its management of its $145m loan to SolarZero, which owner BlackRock put into liquidation late last month.
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Did NZers lose out on failed Hawkcoin?
12 Dec 2024Viral star Hailey Welch, of "hawk tuah" fame, launched a cryptocurrency "memecoin" this month - but then it collapsed.
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How much of a difference have interest rate cuts really made?
12 Dec 2024BNZ's chief economist says the jury is still out, to a large extent.
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The environmental cost of mega data centres
13 Dec 2024Microsoft has unveiled a 'hyperscale' data centre in New Zealand and Amazon is opening one soon. Their work is an energy-hungry undertaking. Audio
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Facebook, Whatsapp, Instagram hit by outage
12 Dec 2024According to detection services, the issue across sites owned by Meta began on Thursday morning.
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Fonterra converting two coal boilers in bid to reduce emissions
12 Dec 2024The $64 million project would see the coal boilers converted to wood pellets.
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Power generated by coal double last year's
12 Dec 2024Low hydro lake levels meant power generated by coal more than doubled in the third quarter.
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Boxing day expected to remain country's biggest day of spending
12 Dec 2024That's despite New Zealanders spending about $175m during Black Friday sales this year.
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Building cost inflation drops to lowest annual rate since 2015
12 Dec 2024Stability has returned to the house building sector and supply chains have been re-established since the early years of the pandemic, QV says.
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Is new lending drying up for petrol stations?
12 Dec 2024BNZ acknowledged it was pulling back from lending to some petrol stations. Audio
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Spark to sell remaining mobile tower stake to Canadian company
12 Dec 2024The sale is set to be completed in the third quarter of Spark's 2025 financial year.
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Most lenders will match big bank interest rates - adviser
12 Dec 2024Banks are making headlines with their advertised specials, but brokers say you can often get them to match a competitor's offer, anyway.
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The cheapest, and most expensive, property sales of 2024
12 Dec 2024From a $50,000 apartment to a home once owned by Sir John Key, these are the big sales of the year. Audio
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