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Business headlines with summaries.
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Trump sparks interest rate warning for NZ
12 Nov 2024Fitch Solutions has updated New Zealand's economic outlook for 2025 to account for Donald Trump's trade policies.
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Former high-cost lender Eagle Man fined $200k
12 Nov 2024The Commerce Commission says Eagle Man breached multiple aspects of the Credit Contracts and Consumer Finance Act.
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KiwiSaver funds grew by $7 billion in three months
12 Nov 2024It is up on an $8 billion increase in the first half of 2024.
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Man jailed for nearly four years for fraud in relation to Covid business support loans
12 Nov 2024An Upper Hutt man has been jailed for nearly four years after fraudulently obtaining more than $80,000 in Covid business support loans.
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Coldplay's in Auckland, and Mount Eden businesses are excited for the crowds
12 Nov 2024About 150,000 people are set to see Coldplay at Auckland's Eden Park this week across three shows.
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Why we might need to pay more tax
12 Nov 2024This is likely to be key issue of next election, commentators say
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Why term depositors may be getting a good deal at the moment
12 Nov 2024People with money in term deposits may be getting a better deal than normal at the moment. Audio
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Scam ads from businesses 'closing down' making the rounds
12 Nov 2024An ad that has been paid for does not gaurantee its safety, Netsafe says.
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Uncertain times for Westland tourism businesses
12 Nov 2024'For tourists, it is very uncertain times' - Westland businesses fielding cancellations.
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Simplicity secures stake in boat company Stabicraft Marine
KiwiSaver provider Simplicity has announced its private equity fund has bought into the Invercargill based company.
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Outdoor Gravity using wool, hemp fibres to make hot tubs more sustainable
12 Nov 2024A Bay of Plenty tourism company is on a mission to make locally made hot tubs more environmentally friendly - with the help of New Zealand wool.
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Plans to open new blood cancer treatment business
12 Nov 2024A biotech company has plans to begin offering a new type of treatment for some blood cancers, in Christchuch.
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Average house values little changed from start of year
12 Nov 2024"New Zealand's housing market remains largely flat overall," QV operations manager James Wilson says.
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Survey reveals predictions for the economy in 2025
11 Nov 2024Business and finance leaders expect inflation to be firmly under control, and the official cash rate to likely fall sharply, over the next year.
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Fonterra pushes ahead with sale of Anchor, Mainland brands
11 Nov 2024The dairy giant has decided to go ahead with the sale of its consumer business.
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Weak results expected in company earnings reports
A mini company-earnings season is due to start soon - with big names reporting, including Fisher and Paykel Healthcare, Mainfreight, and Infratil.
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Has New Zealand reached peak financial hardship?
11 Nov 2024We may be seeing the early signs of improvement in household finances. Audio
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Sistema to cut more than 100 factory jobs
11 Nov 2024E tū union director Georgie Dansey said the timing could not be worse.
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Bitcoin hits $136,000. Why Trump is boosting crypto
11 Nov 2024Donald Trump, once a bitcoin sceptic, has fully embraced it in recent months.
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Industry works on plan to hire more disabled workers
11 Nov 2024A report indicates a potential pool of nearly 270,000 disabled workers that could help address skills shortages.
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Gift card tax warning for tradespeople
10 Nov 2024Tradies given gift cards as part of a rebate or discount are being told they probably need to pay tax on them.
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'Economic data is dire': Fund manager says 75 point OCR cut needed
Greg Smith of Devon Funds wants a jumbo-sized cut to the official cash rate at the Reserve Bank's last meeting of the year due in a couple of weeks.
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Can I buy a house when I'm on a fixed-term contract? Ask Susan
9 Nov 2024RNZ's money correspondent answers your questions.
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Auckland business owners devastated by 96-day rail shutdown
8 Nov 2024One says they should have been given early notice because now they have pre-ordered stock in hopes of a busy summer. Audio
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