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Business headlines with summaries.
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National median sale price rises to $790,000 in sluggish housing market
14 May 2024The total number of properties sold fell more than 17 percent in April, the real Estate Estate Institute says.
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Changes to emissions targets okay 'if supported by evidence' - business, climate leaders
15 May 2024They stand by New Zealand's 2050 carbon reduction targets, but are open to adding international aviation and shipping emissions.
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Housing market: Surplus of listings and a lack of urgency
14 May 2024Residential property values have largely plateaued across New Zealand in recent months, with sales volumes expected to drop in the coming months, according to QV.
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Mid-market private equity and venture capital investment holds up well in NZ
14 May 2024Total mid-market and venture capital investments in New Zealand businesses held up well last year, despite a drop in the number of large and new investments.
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Inflation picked to fall back into Reserve Bank's target - survey
The business and finance sector expects the central bank may cut interest rates by the end of this year.
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Seabed mining 'does not co-exist with offshore wind', government told
15 May 2024Offshore wind companies have told the government the industry is not compatible with seabed mining in the Taranaki Bight - but the mining industry disagrees.
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Otago and Canterbury universities record deficits in 2023 - annual reports
15 May 2024Annual reports show Otago and Canterbury universities recorded deficits last year.
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Wairarapa Times-Age newspaper purchased by Stuff
15 May 2024The newspaper's local, rural and real estate was a natural fit for Stuff's regional network, its managing director says.
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New Zealanders leaving at a record pace while immigration slows
14 May 2024More than half of 52,500 New Zealand citizens who left in the year ended March headed to Australia.
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Egg and poultry businesses 'lucky' bird flu not here yet
Bird flu, the highly pathogenic H5N1 virus, was top of the agenda at the International Poultry Council's annual meeting in Argentina last week.
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Rents, fuel and food holding up inflation
13 May 2024ANZ economist Henry Russell said the price rises were stronger than expected.
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How to find out if you have unclaimed money
13 May 2024Millions of dollars are going unclaimed, could some of that be yours?
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Fletcher Building cuts earnings forecast
13 May 2024The drop in earnings guidance was driven by "challenging conditions" in the distribution division which was exposed to the weaker residential sector.
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What is happening with the housing market?
11 May 2024Analysis - First-home buyers are still seeing benefits from low prices and competition, but having fewer investors in the market is impacting the rental shortage. Audio
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Fund managers predict mixed corporate earnings season
13 May 2024The upcoming corporate earnings season is expected to be mixed with some companies more exposed to the downturn in the local economy than others.
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How New Zealand got through the power supply threat
10 May 2024Analysis - A combination of consumer and business conservation measures and cranked up power stations met demand, Gyles Beckford writes.
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Warning of tight winter ahead with NZ 'short' on energy capacity
10 May 2024The near-miss power grid emergency shows the need for more back-up, an energy analyst warns. Audio
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'A lot of people are moving back'
A former Taumarunui meatworks has a new lease of life as a pet food factory - and is providing plenty of jobs for locals. Audio
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Journalist who tried to save Newshub announces new role
13 May 2024Award-winning journalist Michael Morrah spearheaded a failed attempt to save Newshub.
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Stranded Air Vanuatu passengers left with few options as airline shuts down
11 May 2024The airline has been shut down leaving passengers dangling over whether it will fly again. Audio
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Warehouse Group profits, sales down for third quarter
10 May 2024The Warehouse Group's third quarter sales and profits are down on the year earlier, amid "highly uncertain" trading conditions.
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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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Bioenergy suggested to meet NZ's national power grid demands
11 May 2024Friday's power supply alert shows the need for a more resilient energy supply system, a biofuels advocate says.