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ANZ Bank reports rise in net profit
The country's biggest bank has posted a steady first-half result reflecting a challenging economic environment that is expected to continue for the rest of the year.
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KiwiSaver investments ride wave of optimism
44 minutes agoOptimism in global markets has driven an improvement in the value of KiwiSaver assets in the first quarter.
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The valuable mineral you've never heard of sitting under a small West Coast town
6 May 2024An Australian mining company predicts this town could have up to 5 percent of the world's supply of antimony.
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The big problems NZ needs to fix, according to the OECD
6 May 2024The country is being told it needs to get inflation under control, balance the books, raise educational achievement, and lift productivity.
Business headlines with summaries.
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TVNZ did not follow 'proper process' of sharing information, union argues
6 May 2024TVNZ's head of news told the ERA he had considered axing Fair Go and Sunday in December, but did not think it was appropriate to talk to staff at that time.
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Westpac's profit holds up in face of downturn in economy
6 May 2024The bank's net profit rose 11 percent in the six months ended March over the year earlier.
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Spark warns of lower earnings due to tough trading conditions
6 May 2024Telecommunications company Spark is warning of lower earnings because of belt tightening by consumers, business and government.
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Sheep farmers cutting costs, looking for new income sources as prices plummet
One of them said Wellington was "a vortex sucking cash out of the rest of the economy".
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China's demand for for NZ red meat dips
6 May 2024Bit it was partly offset by good demand from other markets, the meat industry association says.
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Financial technology sector investment has 'fallen off a cliff'
6 May 2024Investment had fallen off in line with the increase in interest rates, the Technology Investment Network says.
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Tourism Holdings cuts earnings forecast by about a third
6 May 2024Rental yields were in line with expectations, but the company warned a slowdown in forward booking intakes would lead to weaker than expected performance for the rest of the financial year.
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The future of farming: Robots and drones
NZ could have a competitive advantage to be the closest to net zero dairy in the world, fifth-generation farmer Stu Taylor says. Audio
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Buyer's market, but not many buyers: Inside the housing market
4 May 2024Analysis - It is a buyer's market but high interest rates are keeping them out; house values have dropped, leaving sellers with reduced bargaining power.
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Seeking screen time: Impacts of Covid-19 pandemic still being felt at movie theatres
3 May 2024A New Zealand cinema chain says the industry is yet to recover to pre-pandemic levels, with not enough consistent revenue coming through its doors.
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Watch: TVNZ airs final midday news bulletin
3 May 2024TVNZ's midday news bulletin has aired its last show today, amid cuts to local programming.
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Canada dairy trade dispute a 'betrayal of our friendship', ACT says
Trade Minister Todd McClay says New Zealand will not back down.
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Does fighting inflation always lead to recession?
26 Apr 2024Here is what 60 years of New Zealand data shows us.
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Woman seeks $30k refund from builder as garage sits unfinished
6 May 2024"I think he's blocked me": Roshni Devi says a builder has left her in the lurch with an unfinished job and poorly done flooring.
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Former boss bids for Whakapapa ski-field again
6 May 2024Dave Mazey previously tried to buy the ski-field, but withdrew because of concern over its viability. Audio
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'Challenging' weeks ahead as Brynderwyns reopening delayed
A Northland business owner says it was horrific to see yet another slip on the Brynderwyn hills, just weeks away from when it was supposed to re-open. Video
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Fish'n'chip shop forced to drop name by fast food giant
3 May 2024Signs were being pulled down at an enduring takeaways shop, just as as fast food lovers in Auckland were clamouring for their first taste of Popeyes' chicken.
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Businesses most concerned about weakening demand for goods and services - report
In a shift, the report says the economic outlook has moved "from an extremely negative position to a largely neutral one".
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Phone, internet complaints remain consistently high
3 May 2024Telecommunications companies are yet to get on top of problems with customer billing, with little change in the number of complaints from year to year.
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Council 'taking our business away': Wellington cafe asked to shut shop
2 May 2024Nikau says it was notified only a day before City Gallery Wellington publicly announced its closure - a move that will likely mean the end of the iconic cafe.
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Fashion Week's cancellation latest blow for fraying industry
3 May 2024Designers are in "survival mode", and there are concerns about further closures in the sector. Audio
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Beef + Lamb NZ chief executive steps down
Sam McIvor is also giving up his role at the New Zealand Meat Board.
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Alliance asks farmers to help raise share capital in bid to stay farmer-owned
The red meat cooperative was profitable for nine out of the last 10 years - but last year, it reported a $70 million loss after tax.
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'Nobody's coming to save us' - How capitalism became a 'vulture'
4 May 2024Economist Grace Blakeley takes aim at the dominance of corporate economic power in society in Vulture Capitalism. She talks to RNZ's Saturday Morning about what can be done. Audio
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