Business
Business confidence rises as interest rates fall
But one economist says it is too soon to say whether the burst of euphoria would last and flow into business decisions.
Garlic grower accused of smear campaign against smaller producers
Te Mata Garlic's Chris Morrison is facing allegations of scaremongering by falsely claiming to have been tasked by the Ministry for Primary Industries and other industry bodies to compile data on…
Evening business for 29 August 2024
News from the business sector, including a market report. Audio
Air New Zealand's profit drops more than half to year ending June
Air New Zealand's profit has taken a massive dive today, the national airline has posted an underlying profit of $222 million dollars to the year ending June, that's a drop of more than half. While… Audio
Auckland liquor stores fear they could lose business with 9pm rule
Some South and West Auckland liquor stores fear they could lose up to 40% of their business with new rules preventing the sale of alcohol after 9pm. The new rules will come into effect from December… Audio
Is the heat about to go on Fonterra over farming on drained peat?
Government officials have been quietly exploring how much carbon dioxide could be saved if the country reflooded its peat soils.
New Asian supermarket opens in Auckland
Thousands of shoppers swarmed the aisles of a massive new Asian supermarket for its opening day in North-west Auckland today. The Foodie Asian store in Westgate, is 3800 square metres in size, which… Audio
Wine sales have dropped 20% - winegrowers
Wine sales are down but it's not our taste for the tipple that is souring. The tough economic conditions that are affecting a lot of businesses - are also having an impact on how we buy our booze… Audio
Winstone, Mercury at loggerheads over mill closures
Ministers have been meeting major energy users to discuss how the government could help businesses struggling due to high wholesale power prices. Audio
How Meta is using social media content to train AI
Explainer - Meta has been using New Zealanders' social media content to train its AI models since last year, at least. Is there any way to opt out?
What do New Zealand's influencers really earn?
New data shows they're not Tiktoking their way to riches.
Kaitāia College student visits Juicies manufacturer after making headlines selling them
A Kaitāia College student who made headlines selling Juicies - until the school board shut down his business - has teamed up with the manufacturers to help get other kids selling the ice blocks.
Early Business News for 29 August 2024
Latest news from Radio New Zealand's business team. Audio
Young Kaitaia budding entrepreneur gets tour of Juicies
Kaitaia teen Lennox Goodhue-Wikitera's been flown to Nelson for a tour of the Juicies factory after his school banned him from selling the icey treat on school grounds, reporter Samantha Gee joined… Audio
Is housing market rebound waiting to happen?
As one investor says buyers are waiting in the wings, our biggest bank says more rapid pick-up is possible.
Synlait's former boss questions major shareholders' voting rights
The former head of the dairy company is threatening to upset a vital meeting to save the financially strapped business.
Evening business for 28 August 2024
News from the business sector, including a market report. Audio
Proposed closure of two mills already hurting Raetihi economy
The proposed closure of two large North Island mills is already hurting the local economy in Raetihi, with people moving away and local businesses feeling the pinch. The forest products company… Audio
Electricity profits soar as elderly struggle to heat homes
Electricity provider Meridian Energy's full year net profit is more than 4 times higher than last years result. Charlotte speaks to Age Concern's chief executive Karen Billings-Jensen about the… Audio
