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Business headlines with summaries.
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US stocks just did something they haven’t done in nearly three decades
1 Jan 2025US markets wrapped up a blockbuster 2024 with back-to-back yearly gains of over 20 percent.
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'Miles different': Water park owner feels 'victimised' by iPhone weather app
Emily Rutherford says the app keeps reporting the temperature in her part of Central Otago is up to 5C cooler than MetService predicts - and even that is underestimating the summer heat.
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The businesses that didn't make it through 2024
31 Dec 2024It's been a tough year around the country. Here are some of the prominent businesses that did not survive.
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What's ahead for the property market in 2025?
House prices are expected to increase over the next 12 months, but how much and how fast are still up for debate.
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Facebook, Instagram delete 'AI friends' after backlash
4 Jan 2025Meta has promptly deleted several of its own AI-generated accounts after human users began engaging with them and posting about the bots' sloppy imagery and tendency to go off the rails.
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NZ report card 2024: How the country fared in 25 key global and domestic rankings
31 Dec 20242024 was a fractious year politically, and a challenging one financially for many New Zealanders.
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What happened in NZ this year?
31 Dec 2024From supermarket rat infestations, to job cuts, a hīkoi, and the Marokopa man who continues to evade police - here are some of the biggest NZ stories from 2024.
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Investigations launched after PETA cruelty allegations
31 Dec 2024Multiple investigations have been launched into allegations of animal cruelty on a farm leased by former NBC Today show host Matt Lauer.
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Vertical farming project parent company enters administration
31 Dec 2024Hamilton business Greenleaf Fresh is being put into voluntary administration. It is the company behind Greengrower, a vertical farm operation that received $3.5 million in public funding.
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Vertical farm that received public funding goes into voluntary administration
Greenleaf Fresh has appointed administrators after financial challenges
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What's ahead for the property market in 2025?
31 Dec 2024House prices are expected to increase over the next 12 months, but how much and how fast are still up for debate.
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Money: We've survived til '25 - now what?
While brighter economic times are likely ahead, don't expect them to begin on New Year's Day, experts warn.
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Bid to get Murdoch family's secret sucession documents released
30 Dec 2024A voting machine company wants to use this in its defemation case against Fox News for 2020 US election lies.
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Hamilton business leader and philanthropist John Gallagher becomes a knight
31 Dec 2024Sir John Gallagher, a major shareholder and director of Gallagher Holdings, has been recognised in the New Year Honours for services to business, education, philanthropy and the community.
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Tenant told to pay $50k to landlord after boyfriend smoked meth in apartment
30 Dec 2024The woman says she was not aware he was smoking and was assaulted when she found out and confronted him.
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Pay gap most significant for Asians, Pasifika
30 Dec 2024Asians and Pacific people are seeing the biggest ethnic pay gaps in the public sector, according to the latest pay gap data.
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Jobs drought set to continue in 2025
30 Dec 2024Although the economy is set to improve next year, there is a warning things are likely to remain difficult for applicants for some time yet.
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Store owner still has safety fears months after robbery
29 Dec 2024A jewellery store owner is still concerned about safety, months after being hospitalised in a robbery.
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How does tax work on my pension? - Ask Susan
28 Dec 2024RNZ's money correspondent Susan Edmunds answers your questions.
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Boxing Day sales spend up 13% from last year
27 Dec 2024Retail spend on 26 December was noticeably higher at bookshops, clothing stores, hardware stores and sports equipment shops than in 2023.
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Unwanted gifts flood Trade Me on Boxing Day
26 Dec 2024More than 4600 unwanted Christmas presents have been listed for sale on Trade Me by mid-morning on Boxing Day, and that number is expected to rise.
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Retail NZ unsurprised by Christmas spending decline
Chief executive Carolyn Young said her expectations were "mildly tempered" for Boxing Day.
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Business owner ends tenancy, faces living from car
24 Dec 2024The Ministry of Social Development says Rhonda Saxton can't afford rent on new premises - but she says she's already proved she can.
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'I feel so stupid' - 67-year-old facing retirement with $80k lost to scammers
24 Dec 2024With the 'investment' provider registered overseas, there is little she can do to try to get her money back.
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