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Business headlines with summaries.
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Mayors approach PM, Jones over saving threatened mills
Mayors from Ruapehu, Kawerau and Taupō all expressed concerns for the local economy and their communities following the proposed closure announcement.
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Former CBL Insurance chief fined $1.4m
22 Aug 2024The head of the failed CBL Insurance group has been ordered to pay $1.4 million for breaching financial market rules.
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Genesis Energy 'carrying our fair share of the burden' amid power problems
22 Aug 2024The company says it is doing its bit to deliver energy to New Zealand and sudden changes to power market rules can be unfairly costly.
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All Australian tomato imports temporarily suspended
23 Aug 2024The ban on imports to New Zealand will be reviewed in seven days. Audio
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Have weddings been a victim of the downturn?
23 Aug 2024The number of people saying "I do" has fallen to its lowest point since the '80s.
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'Momentum on our side': Record profit sees Kiwibank outpace big four
Increased lending has led to the New Zealand-owned bank growing faster than its main Australian owned rivals.
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Here's where the economic downturn has hit hardest
22 Aug 2024The economic crunch is deepening, but it hasn't been felt evenly, data from Infometrics shows.
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Genesis Energy's full year profit drops a third
22 Aug 2024Low gas supply, hydro and wind levels and the outage of a power station unit squeezing earnings.
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More than a quarter of people on paid parental leave still get tax bill
21 Aug 2024The bills came as a surprise to many new parents this year.
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SkyCity posts $143m full year loss
22 Aug 2024A writedown in the value of Adelaide Casino's assets and a tax adjustment of nearly $130m contributed to the loss.
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Auckland Airport underlying profit rises
22 Aug 2024Leaving aside one-off items, Auckland Airport's underlying profit rose sharply as overseas travellers returned.
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Electricity generators hope emergency hydro storage won't be needed
23 Aug 2024Some of the country's biggest electricity generators say they hope not to use more water from South Island hydro lakes - despite a move allowing them to access contingent storage. Audio
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What you need to know about a looming electricity crisis
22 Aug 2024Generators are being given access to more water as New Zealand creeps towards electricity shortage. So how is power generated, what's the problem, and how do we fix it?
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Transpower allows generators to access more water to combat power shortage
22 Aug 2024The company says it will bring forward the ability of hydroelectricity generators to access reserves. Audio
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Pine forestry good for land and wallets - researchers
22 Aug 2024Rivers and lakes could be cleaned up and profits still generated for landowners by converting sheep and beef farms to pine trees, new research says.
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Bumper kiwifruit crop boosts Seeka profits 63%
22 Aug 2024Seeka has reported a net profit after tax of $17.1 million for the six months June, a 63 percent increase on the same period last year.
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Auckland property investor and developer Du Val Group put in statutory management
21 Aug 2024Authorities have tightened their control of Auckland property investor and developer Du Val Group by having it placed in statutory management.
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Laybuy company bought by Swedish firm
21 Aug 2024The buy-now-pay-later company appointed receivers in June.
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Fletcher Building posts $227m loss, 'challenging' year ahead
21 Aug 2024Its underlying profit was at the low end of expectations at $509 million and down 35 percent on the year earlier.
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What's the 'loud budgeting' trend about?
21 Aug 2024It takes a bit of courage, but is great for your bank account in the long run, those backing it say. Audio
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New Zealand can't afford to own banks, ANZ's boss says
21 Aug 2024Antonia Watson says the sector is extremely competitive, despite a major report finding otherwise and the Finance Minister calling it a "cosy pillow fight". Audio
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Women still facing gender inequity in workplace, study shows
21 Aug 2024A new survey has found 61 percent of women in leadership positions think gender equality at work has not improved or is worse than five years ago.
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Healthcare and animal products company EBOS posts strong profits
21 Aug 2024The chief executive out put the performance down growth in the community pharmacy and institutional healthcare divisions.
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Sky TV posts steady full-year result in 'tough environment'
21 Aug 2024Profit fell 4 percent while underlying earnings rose slightly.
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