News
Consumers struggling to verify sustainability claims of products and services
A quarter of shoppers are willing to pay more for sustainable products - but say misleading information makes it difficult to know what they are buying.
Economic outlook brighter due to record migration, falling inflation
Migration is boosting spending and forecast to brighten the economic prospects for the main centres, led by Auckland.
Airports Association to appeal Commerce Commission decisions over asset values
The association says it found technical errors in the commissions report, which reinforce its concerns.
Interest rates, cost-of-living drive up business and consumer defaults
Business and consumer credit defaults are up as tough economic conditions make it more difficult.
Higher inflation will be 'new normal' in NZ - economist
Reserve Bank will need to be more active in next few years to keep inflation in check.
JP Morgan, Craigs announce alliance to pursue 'growth opportunities'
Global financial services firm JP Morgan Asset Management and Craigs Investment Partners have formed a strategic partnership.
National energy prices increase last December expected to stay around
National energy prices rose in December and are expected to remain high as hydro-lake inflows have dropped, causing pricier thermal generation to be fired-up.
Business group urges government to focus on existing trade agreements
The government is being urged to focus on improving its communications and relationships with existing and potential trade partners rather than chasing after new free trade agreements which will take…
A2 Milk adds costs on Synlait amid contract dispute
Speciality dairy company A2 Milk has ramped up pressure on its supplier Synlait Milk.
Climate Venture Capital Fund invests nearly $2.5m across NZ and Australia
The Climate Venture Capital Fund is finding plenty of investment opportunities on both sides of the Tasman, with nearly $2.5 million invested in its first full year of operations.
Sugar prices soar due to low supply, labour disputes
Poor weather, labour disputes and supply chain issues is driving prices higher amid a global shortage.
Local freight industry concerned about the resurgence of global shipping disruptions
The global supply chain is facing new disruptions from drought and war.
Insurer Tower to review ownership structure after reporting full-year net loss
The review will look at Tower's capital structure and the business' competitiveness.
Genesis Energy has target of 95% renewable generation by 2035
The Huntly power station would still be needed for peak demand, but coal use would be reduced and replaced with biomass and possibly hydrogen, while gas would be needed for the transition, Genesis…
Air New Zealand tipped to keep discounting fares as demand stays down
A leading transport analyst expects domestic air tickets to continue to be discounted over the coming months as Air New Zealand grapples with falling demand.
Drylandcarbon bankers have case to answer - court
The Court of Appeal says two bankers have a case to answer over their roles in the Drylandcarbon management companies.
Rodney Wayne blasts previous government after 'very tough 12 months'
Franchise Association's newly inducted hall-of-famer Rodney Wayne says the past year has been the toughest in the 53 years he has been in the hairdressing business.
Economists predict drop in retail spending as household budgets squeezed
Third quarter retail trade figures are expected to reflect a difficult period for consumers, retailers and the economy.
New government will clear path for tech companies - Collins
National's Judith Collins is promising to remove hurdles holding back innovation and growth for tech companies.
Progress on open banking but consumer data still at risk - Payments NZ
Open banking in New Zealand will struggle to achieve scale without legislation to protect consumers' data rights, Payments NZ says.
From K Road to Monaco: app for collectors wins Entrepreneur of the Year
David Yu's win will take him to Monaco next year to compete with winners from 50 other countries for the world title.
'Lacklustre growth' in rural economy over third quarter - report
Regional economic momentum is waning as the primary sector slowdown hits rural communities.
Mainfreight positive despite first-half dip in profit
Slowing global trade has battered the first half profits of the transport company.
NZ investors continue 'keeping faith' in startups
New Zealand investors are continuing to back startup ventures, defying a high level of volatility in the investment market.
Cyber attacks for $30 - intelligence expert
A global intelligence expert says cyber threats are rapidly growing in number and sophistication - designed to cause chaos or leave victims millions of dollars out of pocket.
