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Business headlines with summaries.
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What would happen if Methanex left NZ?
26 Aug 2024It uses 40 percent of the country's gas supply and the country needs a plan if it leaves, experts say. Audio
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Summerset posts 'subdued' result, blasts government funding 'failures'
26 Aug 2024The retirement village operator's bottom line profit has fallen 23 percent as it faced higher tax costs and a smaller rise in property values.
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Lower than budgeted financial result for Port Taranaki
26 Aug 2024Challenging economic conditions and production difficulties in the energy sector have impacted Port Taranaki's financial result for the 2023-24 year.
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Steel & Tube full year net profit falls 85% to $2.6m
26 Aug 2024The steel manufacturer and distributor says the fall reflects weak economic conditions but it is poised to take advantage of the rebound.
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Economic recovery: Is this time different?
24 Aug 2024NZ's biggest bank says things are uncertain because the recession the country has been through was deliberately caused.
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Ask Susan: Should I invest in gold?
24 Aug 2024RNZ's money correspondent Susan Edmunds answers your burning questions.
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Class action against ASB, ANZ could have 100,000 customers
It will be one of the largest class action lawsuits in New Zealand history.
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Retail sales down in June quarter
23 Aug 2024The drop continues the downward trend seen for two years.
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Unlikely generators will have to dip into the water supply reserves - Meridian
25 Aug 2024The company is reasonably confident of getting through spring without needing use the reserves.
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Farming lobby says pine will help environment, but kill jobs, schools
23 Aug 2024Pine trees are an important part of the economy, but planting whole farms with pine trees could have flow-on impacts in regional towns, Federated Farmers says.
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New Zealand's shrinking café scene
23 Aug 2024For the first time in decades, the number of cafés and restaurants is shrinking.
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No customers sign up for NZ's new spaceport
The fledgling national aerospace centre is in strife after failing to attract investors, underspending its budget and not making enough return on investment. Audio
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Why you might not want to cut your home loan payments
Home loan borrowers are facing a "massive" opportunity to save money - if they can afford to.
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Port of Tauranga profits fall $25m
23 Aug 2024The country's biggest port has reported a weaker profit as cargo volumes fell but said it's had an improvement in the second half of the year.
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Zespri continues crackdown on illegal plantings in China
21 Aug 2024Three people were sentenced to nearly four years in jail.
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Fletcher subsidiary to face charges over rebates
23 Aug 2024The Commerce Commission intends to file legal proceedings against Fletcher Building subsidiary Winstone Wallboards.
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Spark reports big drop in profit
23 Aug 2024The 2024 result was below expectations amid what the company said were challenging times.
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Want NZ banking to be more competitive? Then make it easier to switch banks
23 Aug 2024Analysis - Though open banking is on the horizon, it may also prove less than effective unless we can demystify the financial system and make switching less costly and less time-consuming, Aaron…
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Fonterra raises farm gate milk price
23 Aug 2024The farming co-op says it's still early in the season and overall they expect prices to remain within their forecast range.
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Fisher and Paykel health care expects profits to rise
23 Aug 2024Fisher and Paykel expects significant profit growth due to increased demand for its healthcare products.
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Pamu registers $26m full-year loss
The state-owned company is facing falling livestock prices, high interest rates and the ongoing costs of Cyclone Gabrielle.
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Shein reveals child labour cases as it steps up supplier audits
23 Aug 2024The fast fashion retailer has revealed it found two cases of child labour at suppliers last year.
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Channel Infrastructure sees near 50 percent jump in interim profit
23 Aug 2024The former Marsden Point refinery and Z Energy also announced a significant increase to jet fuel storage at Marsden Point.
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'Looking a bit grim' - Price rise warning for gas customers
Powerswitch has had a 'flurry of price change requests' from retailers in recent days, it says. Audio
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