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Social housing in a heritage building
The project's developer believes it will be NZ's first social housing project inside a heritage-listed building. Audio
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Wellington developers hint at when city will see new apartment buildings
9 May 2024Current market conditions and economic viability could put projects out well over a year, it is estimated.
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How to help avoid power shortages tomorrow
9 May 2024Households are being warned that unless they conserve electricity, they could face power cuts on Friday.
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Woolworths tells 79,000 they won a prize, then rescinds it
9 May 2024Woolworths has apologised to thousands of customers after mistakenly telling about 79,000 people they had won a competition.
Business headlines with summaries.
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Job applications soar as public sector layoffs continue
9 May 2024There's been a 112 percent increase in applications for jobs at one recruiter - and a 179 percent jump in Auckland.
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Meridian Energy's wind farm almost finished despite obstacles
9 May 2024When completed, Harapaki will generate enough electricity to power most of Hawke's Bay.
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Here's what you should be earning at any age
8 May 2024What are the numbers relevant to your demographic and how does your income stack up?
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More caution seen in company deal-making
9 May 2024Company deal activity fell sharply in the first three months of the year, as firms exercised more caution amid a weaker economic backdrop.
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Lack of demand 'number one problem for businesses'
The new economic reality has hit a growing number of companies as they reveal significant hits to their earnings and profits. Audio
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Australian visitors bounce back strongly despite not meeting pre-Covid-19 levels
Australian visitor numbers are bouncing back strongly, despite representing the country's largest gap in visitor volume.
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ANZCO posts full-year profit, bucking industry trend
The profit is a standout considering other major meat players, Silver Fern Farms and Alliance, have posted big losses.
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First home buyers benefit from lower prices and less competition - CoreLogic
8 May 2024First home buyers accounted for 26 percent of purchases in the first quarter of 2024, which was higher than the long-term average, latest data indicates.
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How Ports of Auckland plans to deliver $1b profits to council
7 May 2024But there are no penalties if it does not keep up its end of the bargain. Audio
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Restarting redundancy process would cause significant disruption for TVNZ
7 May 2024E tū union has told the Employment Relations Authority it wants to see the broadcaster restart its redundancy process and "work properly" with staff to shape the future for the organisation.
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ANZ Bank reports rise in net profit
7 May 2024The 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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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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KiwiSaver investments ride wave of optimism
Optimism 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.
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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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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.
Top News stories
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