Nona Pelletier

The horticulture industry warns it may have to cut back on the harvest, if the government does not move quickly to head-off a critical labour shortage in spring.

Business and backpackers are teaming up to persuade the Minister of Immigration to extend their visas through the upcoming harvest season. Audio

Organisations representing a cross section of New Zealand industries are alarmed that no decision has been made on the fate of thousands of temporary workers with visas about to expire.

Both big and small companies are scrambling to hang on to their workforces, with thousands of temporary resident visas set to expire - all at once.

The long-term cost to New Zealand's real GDP would be an estimated 2.7 percent, on par with Japan and Australia, a credit rating agency says.

Stride Property has managed to raise rents over the past financial year, but it will be a different story this year with a number of rent reductions and deferrals already put in place.

A new economic forecast predicts the South Island regions will be the worst affected by a severe recession, while Wellington and Auckland have the best prospects for recovery. Audio

AFT Pharmaceuticals is raising capital to reduce debt, increase liquidity and possibly pay a dividend in the next financial year.

Falling commercial property values have taken the shine off Goodman Property Trust's full year profit.

New Zealand's biggest transport company said it was pleased with the result and positioned it well to deal with the ongoing supply chain disruptions brought about by the Covid-19 pandemic.

The rental and leasing industry has been changed forever by the Covid-19 crisis and is facing big structural changes shaped by technology.

The majority of New Zealand's hotels are either closed or operating with skeleton staff, while some of the biggest are unlikely to reopen until international visitors return.

Infratil has cut the top end of profit outlook by $55 million in response to the Covid-19 emergency.

Air New Zealand halts share trading and Auckland Airport suspends earnings guidance as airlines face widespread travel controls.

How can you find out if a company is profitable or not? Business Reporter Nona Pelletier explains.

Global financial markets can expect another rough ride in the week ahead as the Covid-19 virus continues to spread fear and uncertainty around the world.

The government has announced it will invest $2.4 billion towards the development of roads and rail to support a planned development in Drury.

Continued strong demand for chicken, burgers and tacos has resulted in another strong year for Restaurant Brands.

The power generator and retailer's net profit dropped 20.2 percent because of weak wholesale conditions and a competitive market.

Kiwibank's first half profit is down on flat revenue growth and increased costs, while NZ Post recorded a four-fold rise in the six months to December.

Auckland Airport has reported a flat first-half result, and plans to bring forward the billion-dollar redevelopment of its domestic terminal, and upgrade the international arrivals hall.

The NZX says its full year result reflects the stellar performance of the capital markets over the past year, with momentum expected to drive growth in the coming year.

Large insurance payouts and proceeds from an asset sale have lifted the half year profit of the gaming company.

The chemical manufacturing sector is under increasing pressure with environmental concerns expected to shape the future of the sector.

KiwiRail is already locking in suppliers and specialist services as it prepares to spend the government's cash injection to upgrade and expand the national rail network.