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Business headlines with summaries.
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Banks hike fixed home loan interest rates
18 Dec 2025More banks are joining in as banks move to raise some mortgage rates.
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The big switch: Should households still use gas?
18 Dec 2025Faced with dwindling gas supplies, manufacturers are shutting down, but more than 2000 homes were hooked up this year.
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Why Auckland Airport will look a little different this Christmas
18 Dec 2025The tens of thousands of people expected to pass through Auckland Airport in the next weeks may notice a few changes. Audio
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IKEA shuts down support centre in wake of delivery woes
18 Dec 2025Homeware retail giant IKEA appears to be a victim of its own success. Audio
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Customers jump on fixed terms as rates rise
18 Dec 2025October saw $51.6 billion in home loan lending floating, up from $47.9b the month before and $42.7b the previous October.
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GDP announcement expected to show economic rebound
18 Dec 2025Economists are predicting growth driven by agriculture, non-food manufacturing, residential construction and wholesale trade.
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2025 the year of first-home buyers - and biggest rent drop in 30 years
18 Dec 2025Latest housing data shows first-home buyers made 28 percent of purchases nationwide in October and November.
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Singaporean fund manager buys Wynyard Quarter commercial site
18 Dec 2025The sale of the 1.7 hectare property to RP Financial marks the company's first purchase in New Zealand.
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What do new bank rules mean for home loans
17 Dec 2025The Reserve Bank plans to reduce the amount of capital banks are required to hold against their loans
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Mortgage brokers not happy at ASB commission move
17 Dec 2025ASB has advised mortgage brokers that they would not be paid trail commission on new lending after next July.
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Reserve Bank eases capital requirements on banks
17 Dec 2025It says it will improve competition and lower costs.
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Banks expect GDP rebound, more OCR nerves
17 Dec 2025The economy is expected to emerge from its mid-year stagnation with a solid growth reading.
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How changes to the foreign buyers ban will work
17 Dec 2025Explainer - New Zealand's ban on overseas buyers of real estate has been softened - but there's one rather large catch. Audio
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New Reserve Bank governor won't hesitate if house prices surge
17 Dec 2025Anna Breman sat down for an extensive interview with incoming RNZ business editor Corin Dann, just a day after she issued a statement about financial conditions.
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The $4 million travel insurance claim
An insurance provider says the value of claims made has increased a lot over recent years even as the level of cover being taken has dropped. Audio
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Freightways announces Australian aquisition
17 Dec 2025The logistics company has agreed to buy Melbourne-based VT Freight Express for $81.4 million.
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Shoppers visit Ikea from other parts of the country in 'unprecedented' numbers
17 Dec 2025Shoppers came from as far away as Canterbury and Otago in the store's first week, according to data. Audio
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Consumer confidence up in December but still below long-term averages index shows
17 Dec 2025Consumer confidence is at its highest level this year, December's Westpac-McDermott Miller index shows.
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KiwiSaver investors recommended to focus on long-term savings goals
17 Dec 2025The end of year is often a time when investors reviewed the performance of their KiwiSaver and looked to make any adjustments.
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Warning from Willis as government finances get gloomier
The Finance Minister says agencies and ministers will need to manage "with little or no additional funding".
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Food prices ease but still 4.4% higher than last year
16 Dec 2025Food price pressures eased in November amid a sharp fall in the price of fruit and vegetables, but remain considerably higher than a year ago.
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Shoppers get surcharge warning
16 Dec 2025Shoppers are being told to "swerve" any unreasonable surcharges they encounter this Christmas. Audio
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Man sentenced in long-running corruption case
Frederick Pou, of Coastal Roading Contractors, pleaded guilty to Serious Fraud Office charges in May 2024 to corruptly giving gifts to an agent.
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Government books bleaker as surplus gets further away
The government's financial position is looking worse for longer with a delay in getting to surplus and bigger deficits, according to new Treasury forecasts.