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Business headlines with summaries.
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Why Cadbury was stripped of its royal seal of approval
King Charles grants royal warrants to 386 companies that previously held warrants from the late Queen, including Weetabix, Heinz and Nestle. Here's what it means.
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Asian dessert stores snowball, offering sweet treats amid downturn
24 Dec 2024An increasing number of Asian style dessert parlours and bakeries have opened in Auckland in the past year.
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Christmas Eve officially the busiest shopping day of the year
24 Dec 2024More than 607,000 transactions were recorded between 12pm and 1pm.
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ANZ customers impacted by online banking outage
24 Dec 2024ANZ Bank has confirmed it has fixed an outage to its online banking services that has caused disruption for thousands of customers for four hours, a day out from Christmas...
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Minimum wage increase less than MBIE recommended - again
23 Dec 2024MBIE favoured a 2 percent increase, however, the government opted for 1.5 percent rise.
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'We're all just fighting against each other for the few jobs'
23 Dec 2024Laid-off public servants have been slogging it out on a months-long job hunt, and for some that will continue into 2025.
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FMA files against InvestNow for anti-money laundering breaches
20 Dec 2024The Financial Markets Authority is headed to court again with another case for alleged breaches of the anti-money laundering rules, even as the government has signalled it will move to ease the…
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Insurers, banks decline claims for Christmas mishaps
20 Dec 2024A hospitalised reveller, a serially delayed traveller and a disgruntled borrower are just some of the cases revealed by a deep-dive.
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Here's what we've been buying at the supermarket this year
20 Dec 2024If you've been grocery shopping recently, there's a good chance your trolley contained milk and toast bread, and maybe some bananas and avocados.
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Meridian Energy, Nova Energy combine to build solar farm
20 Dec 2024The Te Ruahi solar farm near Taupō will bring power to more than 100,000 customers.
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Contact's proposed $2 billion takeover of Manawa Energy delayed
20 Dec 2024The Commerce Commission said it will put out a statement of issues on the proposed merger.
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How much do investors drive house prices?
20 Dec 2024Investors are often driven by an expectation of capital gain - meaning they might overvalue a house, researcher says.
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Users of hacked crypto firm get millions back
20 Dec 2024Cryptopia account holders have received $400 million worth of cryptocurrency from liquidators, more than four years after the firm was hacked and put in liquidation.
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The most common injuries at Christmas
20 Dec 2024Be careful carving your ham and take it easy hanging up festive decor. Audio
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Hard-hit industries hopeful despite unsurprising GDP figures
20 Dec 2024The construction sector said the figures confirmed what it already knew: that times were tough. Audio
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The 'fruit of the year' revealed
20 Dec 2024Which fruits and vegetables are Kiwis buying this Christmas? Audio
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Consumer confidence up, despite recession
20 Dec 2024Consumer confidence has returned to optimism for the first time in more than three years.
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McDonald's responds to Wānaka restaurant critics
19 Dec 2024A lawyer for the fast-food chain says it will reduce its opening hours from 6am-11pm and make its sign smaller.
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NZ back in recession - but it may not all be bad
Bad news for the economy could mean good news for homeowners in the new year.
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Economy in recession after big drop in GDP
19 Dec 2024The economy has had its worst six months since 1991, outside the pandemic, with two quarters of significant drops.
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Not a single prosecution despite SFO's focus on foreign bribery
19 Dec 2024The Serious Fraud Office says it is steadfast in its commitment to tackle foreign bribery, but it has not resulted in a single prosecution.
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Businesses remain upbeat despite slight dip in confidence
19 Dec 2024Firms report a lift in sales and expectations of further improvement.
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NZ almost last in global economic comparison
Only Finland, Latvia, Turkey and Estonia did worse in the 2024 rankings of OECD countries.
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190 workers may lose visas as company folds amid migrant exploitation probe
19 Dec 2024Some 190 workers - mostly migrants on work visas - are set to lose their jobs as Prolink NZ goes into liquidation.
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