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Council 'taking our business away': Wellington cafe asked to shut shop
Nikau 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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Watch: Auckland domestic, international airports to move into one building
2 May 2024It will bring domestic and international transfers, check-ins and bag drops under one roof.
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Wynyard bridge closure: 'These are peoples' livelihoods at risk'
2 May 2024Businesses in the area of downtown Auckland are reporting a drop in turnover so large they don't have the funds to pay staff. Audio
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Government to tweak Building Act to make building a home easier
2 May 2024Building and Construction Minister Chris Penk says it takes nearly 600 days to build a house in NZ - and that is simply too long.
Business headlines with summaries.
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Fashion Week's cancellation latest blow for fraying industry
2 May 2024Designers are in "survival mode", and there are concerns about further closures in the sector. Audio
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Renters, realtors upset at scrapping of bill to regulate property managers
Renters and realtors are upset with a government decision to scrap a bill meant to regulate property managers over concerns about unethical and unlawful behaviours.
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Bank of New Zealand feels squeeze from higher costs, reduced margins
2 May 2024The Bank of New Zealand is weathering the slowing economy, but is feeling the squeeze from higher costs and reduced margins.
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As 'tough as the '90s' - Twice as many businesses asking for help downsizing
2 May 2024An advocate says businesses are hurting and are reluctantly having to lay off workers. Audio
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The unemployment rate, explained
1 May 2024Unemployment has risen to 4.3 percent, but what does it mean and how is it calculated?
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Retailers, manufacturers and other businesses struggling amid economic downturn
2 May 2024High interest rates and persistant domestic inflation are the biggest drags on business outlook.
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Workplace tensions simmer over local and migrant pay rates
1 May 2024Workers are finding out their overseas colleagues are being paid more, with companies and lawyers saying it is brewing discontent in the workplace.
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Households face more uncertainty, struggle with mortgage repayments
The Reserve Bank is warning there's a risk global interest rates could stay higher for longer.
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Viagogo loses 6-year battle against Commerce Commission
1 May 2024The watchdog says the global ticket reseller is its most complained about trader, with many left out of pocket after unknowingly buying fake tickets.
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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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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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Does fighting inflation always lead to recession?
26 Apr 2024Here is what 60 years of New Zealand data shows us.
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Binance crypto boss sentenced to 4 months in prison
Changpeng Zhao resigned from Binance in November and pleaded guilty to violating US money laundering laws.
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Rules around laptops, liquids eased at Auckland Airport
1 May 2024Taking laptops and liquids out of carry-on bags is now a thing of the past for travellers heading overseas.
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Unemployment rate rises to 4.3%
1 May 2024Fewer jobs are created and immigration is increasing the size of the workforce, Stats NZ says.
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Thousands stranded as Australian airline weighs its future
Australia's newest budget airline suspended all its flights on Tuesday, to discuss "the ongoing viability" of its business model.
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Under pressure: 70% of Kiwis worried about money
More than two-thirds of households are suffering from financial stress amid job insecurity, increasing debts, high inflation and interest rates.
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Free trade deal with the European Union comes into force
1 May 2024The European Union ambassador says the FTA will have immediate wins for kiwifruit, apple, and onion growers. Audio
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Housing market sees nationwide downturn in demand
1 May 2024There are 33,000 homes on the market, sitting for longer as the cost of living, high interest rates and recessionary pressures bite. Audio
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Soft house prices show it's still a buyer's market - CoreLogic
1 May 2024The national house value dropped slightly in April, with an increase in listings favouring buyers, according to the latest CoreLogic figures.
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Number of debt arrears in NZ creeps back up
1 May 2024The number of people behind on their debt repayments crept back up in March, as borrowers continue to feel the pressure of high interest rates and living costs.
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Revealed: Cheaper to pay at pump or in store?
Unstaffed petrol stations are on average 6 cents per litre cheaper than those with staff. Audio
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Seven hours on the phone: Air NZ apologises to customer left in limbo
30 Apr 2024Air New Zealand has apologised to a customer who was left without a flight plan after the Chicago to Auckland service was cancelled. Audio
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