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Who's really paying for 'incredibly aggressive' cash back competition?
Cash back incentives have become the key way that banks attract new customers in recent years.
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AI concerns have ripple effect on NZ stock market, after Wall Street slump
3:18 pm todayThe NZX was down more than 180 points on Friday, before trimming its losses in the afternoon.
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Neighbour wins payout over half-done, 'blight' of an apartment block
8:44 am todayForrest Tan says he's still to receive a cent of that though from the owner of the abandoned project in Auckland's Epsom
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ERoad slumps to $144m loss in wake of setbacks in North America
10:40 am todayThe transport software company saw a major accounting write-down in its North American assets, which didn't deliver to expectations.
Business headlines with summaries.
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AI's blind spot: Tools fail to detect their own fakes
9:59 am todayWhen outraged Filipinos turned to an AI-powered chatbot to verify a viral photograph, the tool failed to detect it was fabricated - even though it had generated the image itself.
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Board directors believe economy is improving - report
5:01 am todayThe annual Director Sentiment Survey indicated 55 percent of directors thought the economy would improve over the next 12 months.
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Oceania Healthcare posts profit, despite revenue drop
10:40 am todayThe company's total unit sales rose 5 percent to 271 units, including 161 care suites and 110 independent living units.
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Weakening trend sees ANZ Bank cuts its farmgate milk price
25 minutes agoThe big banks are responding to an ongoing drop in global dairy prices.
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Plan unveiled for luxury apartments to replace iconic Wellington fruit shop
20 Nov 2025Some locals back the plan, but others are worried it could change the character of their village. Audio
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Thousands of insurance claims lodged due to wild weather
20 Nov 2025A wind storm on 23 October cut power to tens of thousands of homes, tore off roofs and downed trees and fences.
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Butter prices are falling at global auction, so why not in shops too?
20 Nov 2025Dairy prices fell for the seventh time in a row, with butter falling the most. Audio
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Why the New Zealand dollar has plunged to 13-year lows
20 Nov 2025The Kiwi has been struggling against Australia's, Britain's and China's currencies.
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'Snowed under': Asbestos companies working night and day on sand concerns
20 Nov 2025An asbestos removal company boss says he's been flooded with calls from emotional parents and schools wanting help. Audio
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Nvidia beats earnings expectations, even as bubble concerns mount
20 Nov 2025Nvidia has posted strong revenue and profits that exceeded Wall Street's expectations.
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My Food Bag profits stay flat
20 Nov 2025The company did manage to lower its debt from $9.7m down to $5.5m at the end of September.
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AFT Pharmaceuticals' revenue up a third on last year
20 Nov 2025The business is the largest generator of revenue and profit in Australian.
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One bank says it's the only one to pass on full OCR cut
Since the Reserve Bank began reductions to the official cash rate 15 months ago, it has dropped from 5.5 percent to 2.5 percent.
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Economic recovery a tale of two islands
20 Nov 2025Households are carefully guarding their wallets with a backdrop of continued job losses.
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Māori business leaders feeling upbeat about performance
20 Nov 2025Nearly two thirds of Māori business leaders are feeling positive about current overall business performance, driven by a stronger primary sector.
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Turners Automotive posts first-half net profit of $21.9 million
20 Nov 2025It was a record first-half result for the car dealer and financier as its loan book grew strongly, while margins also improved, despite subdued consumer demand.
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The different investing strategies of over-60s and under-30s
20 Nov 2025Overall, confidence is improving and investors are becoming more accustomed to global uncertainty, a new survey shows.
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Drones linked to AI used to help fix power grids
19 Nov 2025Four lines companies are using drones to help with maintenance and fix networks after natural disasters.
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Households could turn to debt over busy Christmas time
19 Nov 2025A nationwide survey by accounting software firm MYOB, showed 35 percent expected to feel financially better off in a year's time and 24 percent believed they would be worse off.
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How much would CGT have earned in recent years?
Labour has proposed a 28 percent capital gains tax on property. But how much would it have made in the past five years?
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What happens to your KiwiSaver when you die?
19 Nov 2025Until now, different providers have had different approaches to distributing investments. Audio
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Buying blind: Mystery packages tempting shoppers
19 Nov 2025Amid anemic consumer spending, some businesses are turning to novel ways of selling "blind boxes" to boost sales.
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Oversupply putting dairy farmers under pressure
19 Nov 2025ASB senior economist Chris Tennent-Brown says a price fall was not unexpected.
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Dairy prices fall for seventh time in row
Butter prices fell more than 7.6 percent, while cheddar prices fell 2.7 percent, and skim milk powder fell 0.6 percent.
Top News stories
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- Who's really paying for 'incredibly aggressive' cash back competition?
- Students struggling to find work to keep food on the table
- Man arrested after baby hospitalised with serious injuries in Hutt Valley
