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Recent items from Business News
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Sowing economy and extra costs keep lid on Freightways profit
12:22 PM.Courier and data management company Freightways profit has been held back by higher labour increase and competition hits its courier businesses. Audio
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Chorus FY net profit falls with drop in revenue
12:21 PM.The telecomunications lines company, Chorus has seen its profit drop by more than a third, hit by lower revenue and higher cost to roll out its fibre network. Audio
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Metlifecare's profit dampened by slowing housing market
12:20 PM.A slower housing market has hit North Island retirement village operator Metlifecare's bottom line but strong resales have seen the company's operating performance lift. Audio
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Meridian Energy has made a record annual profit
12:17 PM.Power company Meridian Energy has made a record annual profit as it generated more hydro-power locally and benefited from high wholesale prices, as it also expanded in Australia. Audio
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Markets Update for 26 August 2019
8:29 AM.A brief update of movements in the financial sector. Audio
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Business News for 26 August 2019
6:50 AM.A bumpy ride expected on markets as US-China trade tensions escalate further, housing market confidence rises, Kiwibank signals major investment in tech, construction sector booms despite pressure on… Read more Audio
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Early Business News for 26 August 2019
6:20 AM.A brief update of movements in the financial sector. Audio
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Business briefs
12:25 PM.The wine exporter, Delegat's net profit is up slightly on record case sales. Audio
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Midday Markets for 23 August 2019
12:23 PM.For the latest from the markets we're joined by Mark Fowler of Hobson Wealth Partners. Audio
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Retail growth all but grinds to a halt
12:22 PM.Growth in consumer spending has all but dried up. Audio
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KiwiBank increases customer deposits and lending
12:21 PM.KiwiBank's profits has dipped slightly and expects littled change in the coming year as it fights the big Australian-owned banks for customers. Audio
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Skellerup beats trade challenges to report record profit
12:20 PM.Rubber goods manufacturer Skellerup has made a record profit for the year despite rising pressures from global trade turmoil and a downturn on the farm. Audio
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Honey producer Comvita reports $27.7m loss
12:19 PM.Honey producer Comvita's sales and margins have been hit by tighter regulations in China and New Zealand, as well as a poor honey harvest, resulting in a loss for the company. Audio
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Steel & Tube back in the black
12:17 PM.Building products firm Steel & Tube has returned to profitability as it cut costs and repaid debt. Audio
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Markets Update for 23 August 2019
8:30 AM.A brief update of movements in the financial sector. Audio
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Business News for 23 August 2019
6:49 AM.News from the business sector, including a market report. Audio
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Early Business News for 23 August 2019
6:20 AM.A brief update of movements in the financial sector. Audio
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Evening business for Thursday 22 August
5:37 PM.News from the business sector, including a market report. Audio
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Midday Markets for 22 August 2019
12:23 PM.For the latest from the markets we're joined by Grant Cotty of Hobson Wealth Partners. Audio
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Ebos has posted a flat full year profit
12:22 PM.Healthcare and animal products company, Ebos, has posted a flat full year profit on steady revenue as it readies for a resumption of significant growth. Audio
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Sky TV posts bigger annual loss
12:20 PM.Sky Network Television has bitten the bullet and written down the value of large parts of its business, taken a hit from an abandoned technology project blown as it changes tack to hold on to… Read more Audio
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Auckland International Airport makes smalller net profit
12:19 PM.Auckland International Airport's underlying profit has edged higher on record numbers of travellers but faces challenges from slower growth. Audio
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Air NZ profit dips on high fuel costs and slowing demand
12:17 PM.Air New Zealand's full year profit has fallen as higher fuel costs and slower passenger growth proved headwinds to its earnings. Audio
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Markets Update for 22 August 2019
8:29 AM.A brief update of movements in the financial sector. Audio
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Business News for 22 August 2019
6:49 AM.News from the business sector, including a market report. Audio