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Business headlines with summaries.
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Grid rethink needed for Waikato power - Transpower
16 May 2024With power grid capacity in Waikato approaching its limit, new ways to add resilience are needed, Transpower says.
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Nearly 2000 used tyres illegally dumped on business' doorstep
16 May 2024Farman Sediqi is having to pay more than $6000 after someone illegally dumped more than 1800 used tyres outside his store in Ōnehunga overnight.
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Beekeeper furious over burning of $2m honey crop
16 May 2024North Canterbury's Steven Brown is calling for a new approach to a hive-destroying disease. Audio
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Construction firms feeling the pressure with inflation and interest rates
16 May 2024A new survey shows the broader economic outlook has replaced labour shortages and supply chain disruptions as the main concerns.
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Former Ruapehu Alpine Lifts boss confident he can turn a profit
15 May 2024The former head of a Mt Ruapehu ski field which went into receivership disagrees with concerns for its future commercial viability.
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Productivity surging as staff return to office, bosses say - Staff disagree
15 May 2024But staff themselves saw things differently.
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Do better bosses: Too many workers losing fingers - WorkSafe
15 May 2024WorkSafe is calling on manufacturing businesses to boost safety standards, saying too many workers are losing their fingers in industrial machinery.
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Don't delay interest rate relief too long - major bank tells RBNZ
15 May 2024No need to wait for ideal conditions to cut interest rates and give households some relief, Westpac tells Reserve Bank.
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Two more major banks drop mortgage rates
14 May 2024The banks have made cuts to their six-month and one-year terms, following ASB's move last week.
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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.