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Business headlines with summaries.
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Pāmu forecasts record profit in major turnaround
The country's largest pastoral farmer is forecasting a record profit for the last financial year, as high prices for dairy and red meat help offset adverse weather events.
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How Auckland's affordability story got better
24 Jul 2025Recent rankings of unaffordable cities around the world have been notable for one thing - our biggest city is no longer in the top 10.
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Head of NZ stock exchange resigns
24 Jul 2025Mark Peterson will leave the NZ Stock Exchange in April next year.
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Farmers 'going hell for leather' to take advantage of high prices - analyst
Some milk processing factories are bursting at the seams, but it's not expected to bring local prices down because of international pressures.
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Get ready for more bad news from Tesla
24 Jul 2025The company reported a 23 percent drop in adjusted earnings for the second quarter, a fall that followed a record drop in sales
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Increasing number of graduates chasing entrepreneurship
24 Jul 2025A survey base on 1200 New Zealand graduate students found over 40 percent aim to own a business.
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Rents fall for first time since 2009
National median rents in the three months to May dropped 0.3 percent from the year before - the first fall in 16 years.
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What are people being paid in hospo?
24 Jul 2025Wait staff on average make just above the minimum wage.
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Energy reform has to go beyond cheaper off-peak power
24 Jul 2025The spotlight is again on New Zealand's energy sector, with a group of industry bodies and independent retailers pushing for a market overhaul.
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Sharp rise in housing and personal loans hardship cases over past year
Banks and other lending groups are being more accommodating in their approach to borrowers in deep financial trouble.
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Morris and James set to close after half a century of pottery sales
23 Jul 2025An iconic Matakana ceramics business has made the decision to close its doors after 47 years. Audio
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KiwiSaver hardship withdrawals boom
23 Jul 2025"Even middle-income people exploring their options" as the economy and cost-of-living bite, one provider says Audio
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Du Val founders continue to have assets frozen, passports held by court
23 Jul 2025Du Val is in statutory management, owing more than $300 million, and its main owners, Charlotte and Kenyon Clarke, are in receivership.
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Robin Hood supermarket plans to deliver profits back to foodbanks
23 Jul 2025The supermarket has started delivering pantry staples to online shoppers in three cities. Audio
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High cost of butter hurting bakers, families
23 Jul 2025The price of butter in Aotearoa is now 120 percent higher than it was a decade ago. Audio
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Bank warns customers of multi-million-dollar 'subscription trap'
23 Jul 2025The bank said it helped stop more than $25 million in unwanted charges being put on credit cards of unwitting customers. Audio
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New butter factory isn't expected to cut prices
The country's newest butter plant is not expected to lower soaring prices at the supermarket checkout.
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How much money do property investors actually make?
22 Jul 2025Capital gains was the biggest motivation for property investors, Simplicity chief economist Shamubeel Eaqub says.
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Foodstuffs commits to rebuilding Auckland supermarket after fire
22 Jul 2025A massive blaze broke out at New World Victoria Park in June, and took more than 10 hours to extinguish.
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Mediawatch: Another $1 deal changes the media landscape
22 Jul 2025Analysis - For the second time in five years, a major media company has been offloaded by overseas owners for a dollar.
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Sky TV to buy Discovery NZ for $1 in 'massive change' for media
22 Jul 2025Discovery NZ is a part of US media giant Warner Bros Discovery.
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Love a bargain? Experts warn shoppers they're not always what they appear to be
22 Jul 2025Here's what to be wary of when you're on the hunt for a deal.
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Value of electric vehicle imports falls nearly 60%
22 Jul 2025Stats NZ said the total value of passenger motor vehicle imports for the 12 months to June was down 23 percent or $1.4 billion to $4.9b.
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Kiwi businesses warned as SharePoint targeted in cyber attack
22 Jul 2025New Zealand's cyber watchdog has picked up on a Microsoft warning about attacks on server software globally.
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