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Business headlines with summaries.
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Six-month fight with credit card company over $3k refund
19 Oct 2024The woman was finally refunded when a dispute resolution service stepped in.
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'It's going to be tough for a while': Ripple effect expected from meatworks closure
19 Oct 2024It could be months or even years before the full impact of the Smithfield closure becomes clear, a community advocate says.
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Smithfield closure: 'I've been wondering where the next dollar is coming from'
18 Oct 2024Hundreds of people have found themselves out of work today, after Alliance announced the closing of the country's oldest meatworks.
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MediaWorks to disestablish some jobs
17 Oct 2024MediaWorks says it will look to redeploy any staff facing redundancy to other areas of its radio business.
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How much are real estate salespeople really earning?
17 Oct 2024New data sheds light on how the soft housing market is affecting commissions.
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How do you solve a problem like Kiwibank?
17 Oct 2024Kiwibank's chief executive says it is like being "a high school team playing the All Blacks".
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ACC announces $7.2 billion deficit
16 Oct 2024The scheme blames court decisions for expanding its boundaries, and says it is also expecting higher costs.
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Ex-staffer wants RBNZ to dump gender and ethnic balance requirements
The government should abandon any requirement for the Reserve Bank to have "gender or ethnic balance" on its board, a former senior staffer says.
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Dollar falls in response to inflation data
16 Oct 2024The New Zealand dollar fell on Wednesday in trading against the United States dollar, in response to weaker than expected inflation data.
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Inflation hits lowest level in 3.5 years
16 Oct 2024Economists expect the Reserve Bank to continue slashing rates, with another 50 basis point cut expected next month. Audio
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Boss on the floor: More executives helping with retail shifts
16 Oct 2024Home Depot may have made the news recently for requiring corporate staff to work on the shop floor - but that's common in many New Zealand retail outlets, one retail expert says.
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Buying a house: How much less than asking price should you offer?
Sales prices are inching closer to asking prices - but is it buyers or sellers moving?
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Economic downturn seen as positive for international investors
16 Oct 2024Last year's change in government was also a positive, a merger and acquisition report shows.
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How does NZ's pension compare?
16 Oct 2024We've been handed a B - but by one important measure we're performing less well than we were.
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Are small businesses doing it tougher than in the GFC?
2 Oct 2024Opinion - Small businesses are being squeezed from every side, and doing it tougher in some ways even than during the GFC, Antje Fiedler and Benjamin Fath write.
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SkyCity Adelaide could be liable for up to A$25.3m after High Court ruling
16 Oct 2024The High Court of Australia has ruled against SkyCity Adelaide in a disagreement over the tax treatment of customer loyalty points used in its gaming machines.
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$40m makeover for Palmerston North Airport
16 Oct 2024The revamp will take two years, transforming the airport into a regional transport hub.
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Eatery's outdoor dining fees hiked 1500 percent
17 Oct 2024After years keeping costs flat in the wake of Covid, Queenstown's council has changed what it charges bars and restaurants to use public space for al fresco dining. Audio
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Government hints at capping bank card surcharges
15 Oct 2024The coalition has hinted at imposing a cap on the surcharges people pay for using their debit and credit cards.
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Construction industry continues to slowly build growth
16 Oct 2024The building industry has seen slow growth over the past 18 months, as a result of tax changes, high levels of existing stock on the market and credit-constrained buyers.
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Have you been offered a 'dry promotion'? This recruiter says they're risky
15 Oct 2024Employees receive a new job title and more responsibilities - but no pay rise. Audio
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'Egregious' example of employee exploitation
15 Oct 2024The charges come after a worker complained he had been made to pay almost $17,000 for his job.
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What truck trips tell us about the economy
Traffic movements have dipped again showing ongoing economic weakness with a turnaround not expected until 2025.
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Interest rate change that could add $70k to borrowers' loans
Here's how much you have to prove to banks you can pay. Audio
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