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Business headlines with summaries.
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New Zealand's only flights to Norfolk Island to end
Air Chathams will withdraw flights between Auckland and the Australian territory from April.
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Tens of millions owed by troubled civil construction company-linked businesses
21 Jan 2025Most of it is owed to BNZ, according to the first receivers report.
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Hopes for December quarter economic growth fading
21 Jan 2025If there was going to be any economic growth in 2025, it would be coming from "a weak base," BNZ senior economist Doug Steel says.
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Why I quit a $500,000-a-year role in real estate
21 Jan 2025Mike Harvey says that once he saw the problems with real estate, he had to make a change.
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'My entire year's wages': Mum's $47k debt for Working for Families
20 Jan 2025Calls are growing for a 'substantial overhaul' of the system.
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'No rush back' to the housing market
QV data shows flat house prices through 2024.
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The rich get richer - Billionaire wealth rises $3 trillion in 2024
20 Jan 2025Imagine earning $3.5 million ($US2 million) a day - that was the average daily income for the world's billionaires last year.
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Du Val property entity owed $4.6m to IRD - Report
20 Jan 2025Tui Terraces Limited Partnership went into liquidation owing nearly $4.6 million in taxes to Inland Revenue.
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Australian government pledges $1.24 billion in green aluminium push
20 Jan 2025Aluminium is one of the most polluting nonferrous metals to make, as its current production is mostly powered by coal.
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Auckland eatery Amore to pay $18k over unfair contract
20 Jan 2025After eight months working as a kitchen hand, a 16-year-old says she felt backed into a corner by her employer who told her she no longer had a job if she did not sign a casual contract.
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Millennium & Copthorne Hotels majority owner proposes full takeover
20 Jan 2025The majority owner of New Zealand hotel company Millennium & Copthorne Hotels (MCK) is proposing a full takeover.
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Prices slowly fall but economists warn of uncertain year
Annual inflation is likely to have ended 2024 close to the Reserve Bank's target, as domestic price pressures continue to ease slowly, but economists are warning about an uncertain year ahead.
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A hard year but 'calls made over Wellington's demise overstated'
18 Jan 20252024 was tough, but "there's more of an energy in the city" now the new year has dawned, owners say.
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Another major bank cuts mortgage rates
17 Jan 2025ASB is cutting its 6-month, 1-year and 18-month rates.
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Thousands in fines issued for fishing near Cook Strait power cables
17 Jan 2025Three power cables carry a huge chunk of New Zealand's power between the North and South Islands, but boats keep getting too close.
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Funding sought for solar energy farm for Stewart Island
17 Jan 2025Finance is being sought to provide a solar energy farm for Stewart Island Rakiura residents.
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Mother cried every night after son's eyes permanently injured at factory
17 Jan 2025The Ecostore employee suffered chemical burns while trying to shut off a pressurised hose that had come loose.
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ANZ reports slight dip in credit card spending
Tourism-related categories and housing-related spending were among sectors seeing the biggest drops.
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NZ Post to return mail with no private bag address
16 Jan 2025The Postal Workers Union is concerned a new directive from NZ Post will mean less mail is getting where it needs to go.
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Wētā FX scores two nominations at BAFTAs
16 Jan 2025The Wellington studio has been recognised in Britain's top movie honours for their visual effects work on two international films.
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Grocery prices rose 2.7% during 2024
16 Jan 2025Butter, milk and olive oil were more expensive while fruit and vegetables were cheaper.
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CAA to raise airline security levies as money issues bite
18 Jan 2025Airlines will have to pay more per passenger, but it remains to be seen whether fares will rise as a result.
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Uncertainty expected to be economic trend for 2025
16 Jan 2025A new report says Donald Trump's policy agenda will have implications for the world economy, and central banks will tread carefully.
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The café brewing second chances
Trade School Kitchen opened in August 2018, with the intention of supporting women who had undergone barista training whilst in Arohata Prison upon their release.
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