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Business headlines with summaries.
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Govt working to increase supermarket competition - but what else is needed?
Monopoly Watch says it will require more than just government efforts to challenge New Zealand supermarket chains.
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What bank economists think will happen to home loan rates
13 Feb 2025The Official Cash Rate is being reviewed again next week - so will mortgage rates keep falling?
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Skellerup posts record result, prepares for possible US tariff hikes
13 Feb 2025The maker of the Red Band gumboots said the 12 percent profit improvement reflected a return to normal in the agriculture division, despite a drop in footwear sales.
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The $200k role in high demand
13 Feb 2025It might be a tough time to be a jobseeker for many New Zealanders - but there are still bright spots in some sectors.
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How solar power systems might start offering better returns
Proposed changes should lead to New Zealanders with solar power systems on their houses get more of a return for any power they put back into the system.
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The pie shop drawing queues out the door
13 Feb 2025"I base [the pie] on the season and the vibe and the mood of people," explains pie professional, Joe Player, who has come up with over 1500 varieties. Audio
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Class action launched over 'ineffective' flu medicine
13 Feb 2025The lawsuit says Kiwis have been deceived for about two decades about an ingredient in cold and flu medicine.
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15,000 more people may lose jobs before economy improves
13 Feb 2025About 30,000 more people are unemployed than a year ago, and some forecasters say another 10,000 or 15,000 could be out of work before the cycle turns.
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Covid hangover: 9% of homes selling for a loss
13 Feb 2025People who bought a house at the peak of the market and now need to sell it are still generally doing so at a loss, new data suggests.
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Strong December helps red meat exports top $9.8 billion for year
However, red meat exporters had to deal with "challenging market conditions" in early 2024.
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Wānaka McDonald's consent application declined
12 Feb 2025Residents were concerned about the visual and aesthetic affect on the town.
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KiwiSaver shake-up's risks could outweigh the rewards
3 Feb 2025Analysis - The government has proposed changes to make it easier to invest in private assets. But does that come with dangers?
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Major shake-up of fishing quota system on the way
The courts, not Tiktok, should deal with illegal fishing, Shane Jones says.
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Flat hunting? Here's why a landlord can't ask whether you have got a job
12 Feb 2025The Privacy Commissioner's office has updated guidelines for the rental market.
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ASB lowers rates, broker expects more cuts to come
12 Feb 2025A rush of rate movements is predicted, as the official cash rate announcement looms.
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Why the Huntly power station could stay open for longer
12 Feb 2025Its owner is looking at ways to extend the life of the coal and gas fired units due for retirement in the next few years.
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Solar-powered drone reaches stratosphere on as much power as a hairdryer
12 Feb 2025The drone - with a wingspan of 12.5 metres - is to be used for earth observations including environmental monitoring, disaster response and a range of commercial applications. Audio
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ASB bounces back with net profit rising to $763m
12 Feb 2025The bank's profit dip last year proved to be temporary as borrowing demand increased, and it paid less for deposits.
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Economy of two halves: What to expect in 2025
12 Feb 2025The economy is at a turning point after a bumpy 2024, but "storm clouds" are on the horizon as a global trade war threatens New Zealand. Audio
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Here's why spending might pick up faster this time
12 Feb 2025Spending was quieter than normal over summer, but there may be good news on the horizon.
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Du Val owners given deadline to hand over assets
11 Feb 2025Du Val, which comprised dozens of companies, was in statutory management, owing about $240 million dollars to creditors and investors.
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Chorus doubles speed limits on basic household plans
12 Feb 2025High speed internet will soon get a lot faster for those on Chorus' basic household plans, with double the speed at no extra cost from June.
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Hopes for sustainable aviation fuel industry to take off in New Zealand
Hopes are high that a sustainable aviation fuel industry will be able to take off in Aotearoa, bringing skilled employment to regional New Zealand - including areas that have lost jobs in recent pulp… Audio
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Why it matters your KiwiSaver might be invested in roads and private businesses
11 Feb 2025Even some KiwiSaver managers are not convinced by a plan to remove some of the barriers to the schemes investing in private assets - but others say there are significantly higher returns on offer for…
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