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Business headlines with summaries.
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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.
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The KiwiSaver fund that's returned nearly 400%
28 Aug 2024These are the funds that have given investors the best returns over time.
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Meridian Energy $429m profit four times higher than previous year
28 Aug 2024The energy company said the outlook for 2025 was less positive.
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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.
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New task force created to investigate wholesale electricity prices
28 Aug 2024The Energy Competition Task Force has been established by the Electricity Authority and the Commerce Commission.
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Govt funding a 'big driver' for solar power
28 Aug 2024A solar power company getting government investment aims to produce 15 percent of the country's daytime electricity. Audio
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Tax department comes knocking - literally
28 Aug 2024For the first time in a long time, Inland Revenue is physically visiting those owing money.
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Poorest New Zealanders paying highest power prices
28 Aug 2024The city with the highest average income has the cheapest electricity, data reveals.
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Hundreds at community meeting over mill closures
Locals fear the area will quickly become a ghost town, with one woman saying many families are already planning to leave for Australia.
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Building begins on NZ's largest solar farm
27 Aug 2024It will have about 300,000 solar panels and is expected to generate enough renewable energy to power close to 36,000 homes.
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Building cost inflation return to 'normal' levels
27 Aug 2024Some material cost falls and supply chain shortages easing has helped inflation to get back to pre-pandemic levels, QV CostBuilder says.
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TSB Bank fined nearly $2.5m for overcharging customers
27 Aug 2024The High Court imposed the penalty after the Commerce Commission took legal action for historic breaches between 2015 and 2021.
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2025 the year house price rises revert to normal, BNZ says
Prices will be flat this year but increase 7 percent next year, bank economist says.
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Amid 'energy crisis', boost to hydro lake levels welcomed
27 Aug 2024The weekend's rain means storage at Lake Manapōuri is now above average for the first time since mid-June.
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Brewery told to remove its Kupe beer from sale
27 Aug 2024Te Aro Brewing's IPA has been found in breach of advertising standards after complaints.
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Aviation levies, fees and charges may increase
The Civil Aviation Authority is currently seeking submissions on the proposal.
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Major bank trims mortgage rates again
27 Aug 2024It comes as wholesale interest rates move lower following the Reserve Bank's OCR decision this month.
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Bathurst Resources eyes fast track process for new projects
27 Aug 2024The country's biggest coal miner is seeing another 20 years of development work.
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The adviser helping clients with $100k of retail debt
27 Aug 2024The number of people being made bankrupt has fallen sharply over the past decade, but there are warnings trouble may lie ahead.
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Tourism Holdings meets expectations in difficult environment
27 Aug 2024The campervan company says net profit for the year fell 21 percent.
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Vulcan Steel posts another big drop in full-year profit
27 Aug 2024The company's profit more than halved on the back of a 15 percent drop in revenue.
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Uber loses appeal against ruling drivers are employees
26 Aug 2024This gives the drivers employee benefits such as leave entitlements, minimum wage and holiday pay.
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From making sherry for friends to one of NZ's biggest wine brands
26 Aug 2024Selaks was started from a market garden, but now sells more than a million litres of wine a year. Audio
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Property for Industry reports $21.2 million half-year profit
26 Aug 2024Chief executive Simon Woodhams says its leasing of industrial property in Auckland continues to generate cashflow and maintain stability.
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