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Business headlines with summaries.
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Icehouse Ventures closes largest ever growth fund
30 Jan 2025More than 600 investors supported the new fund, ranging from angel investors, high net worth individuals, and a number of large institutional investors.
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Y2Q: The threats posed by mega-powerful quantum computers
30 Jan 2025The country's biggest institutions are working on an emerging risk to the security of digital assets and critical infrastructure.
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$3.5m pricing gap opens up for highest and lowest suburbs in Auckland
Wellington and Christchurch also saw price differences exceeding $1 million last year, new data shows. Audio
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RBNZ chief economist downbeat on economic outlook
29 Jan 2025Weak productivity, low investment and skill lack are marked as key factors in weak growth performance.
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McDonald's Kiwiburger spelling mistake goes unnoticed for 2 years
29 Jan 2025McDonald's New Zealand spokesperson Simon Kenny said it was frustrating to see the typo.
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KiwiSaver investors back higher minimum contributions, survey shows
30 Jan 2025However, they are reluctant to take the step themselves.
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'Falling short': Customers told they should get Sky TV discounts
29 Jan 2025Sky has been beset with problems as a dying satellite has caused problems for its transmission.
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Here's how much falling interest rates might save you
29 Jan 2025The drop in interest costs for affected households could be dramatic, an economist says.
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Are savers leaving returns on the table?
29 Jan 2025Savers who keep their money in big bank accounts may be missing out on potential interest.
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Fonterra announces plans to slash fossil gas use by 38%
29 Jan 2025The country's rapidly depleting gas fields have sped up its electrification plans.
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Traffic management called as queues for chicken store cause chaos
29 Jan 2025Lower Hutt's new Popeyes shop is proving to be so popular waiting customers are spilling onto the road.
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'One day before unconditional': First-home buyer hit with surprise KiwiSaver bill
Sarah says it seems unfair she owes the money over a short stint she spent outside the country.
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'Nudies' help sheep farmers strip costs back to the bone
Wool prices might be rising at last but some farmers want sheep that don't even grow the fibre.
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SPCA to pay $20k for unjustified dismissal
29 Jan 2025The staff member was a vet nurse who worked as a kennel coordinator for five years, before she was dismissed for serious misconduct.
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One in five complaints to Banking Ombudsman scam-related in December quarter
29 Jan 2025Scam-related complaints make up one in five of all complaints to the Banking Ombudsman in the three months ended December, with close to two-thirds resolved in favour of customers.
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Win-win or pitfalls for digital nomad visas?
The visa policy change for so-called digital nomads has been hailed as a win-win for the country and migrants.
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Shipping prices likely to drop, but delivery could take longer
28 Jan 2025A collaboration between two of the world's largest shipping companies could drive down prices, but goods may take longer to arrive.
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It just got slightly easier to retire
28 Jan 2025However, a couple will need an extra $1.1m for a comfortable city retirement, while in the provinces it will cost $446,000, a new report says.
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Dr Who exhibition joins list of lossmakers at $180m Wellington convention centre
29 Jan 2025But the council is refusing to say how many people even visited.
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Shock Chinese AI news sends US stocks plunging
28 Jan 2025A one-year-old startup has revealed a stunning capability: It presented a ChatGPT-like AI model, with all the familiar features, at a fraction of the cost.
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Luxon hints National will campaign on asset sales next election
28 Jan 2025The prime minister has ruled out selling off state houses, but said he is open to having a wider conversation with voters, while Labour says it's a "typical right-wing government playbook" move.
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Kiwibank joins rate cuts
28 Jan 2025The six-month special rate drops from Tuesday from 6.15 percent to 5.99 percent.
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What is DeepSeek and why is it disrupting the AI sector?
28 Jan 2025A surprise advance from the Chinese startup sent US tech stocks plunging. What is the company shaking up the AI sector worldwide?
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Hospitality sector calls for visa changes to attract staff
28 Jan 2025There aren't enough highly skilled hospitality workers in Aotearoa - and a shake-up is needed, industry players say.
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