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Banks promise no further regional branch closures this year
Six banks are promising not to close any regional branches until at the least the end of the year but dozens of branches already earmarked for the chop will go.
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SkyCity stops dealing with junkets permanently
1:32 pm todayThe casino and gaming operator SkyCity has severed ties with junket operators effective immediately.
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Adani Ports removed from sustainability index due to links with Myanmar military
3:00 pm todayS&P Dow Jones Indices says it has removed India's Adani Ports and Special Economic Zone Ltd from its sustainability index due to the firm's business ties with…
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Air NZ boss confident in trans-Tasman bubble despite latest Covid-19 cases
11:02 am todayAir New Zealand's chief executive says he is not concerned about any threat to trans-Tasman travel from three recent Covid-19 cases in Auckland. Audio
Business headlines with summaries.
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Multiple buyers bidding up prices of small-medium sized businesses
11:10 am todaySmall and medium sized businesses are selling for top dollar with bidding wars for the best yielding investments.
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Confidence improves slightly but businesses 'generally downbeat' - economist
11:49 am todayBusiness confidence has improved modestly but remains pessimistic in the face of rising prices and supply disruptions.
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Cruise industry holding hopes for return of voyages in 2021
9:46 am todayThe cruise industry is pinning hopes that a meeting with government next month may help a resumption of some voyages this year.
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Abolition of property investor tax break a blunt tool - tax expert
A tax expert wants the government to consider allowing some deductibility of interest payments for property investors.
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Deprived travel agencies await trans-Tasman sales
12 Apr 2021The opening of a trans-Tasman travel bubble will not be enough to revive the travel advisory industry in the short term.
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Reserve Bank tipped to hold steady in regular review
12 Apr 2021A 'steady as it goes' statement with a reaffirmation of easy monetary policies and an uncertain economic outlook are expected to be the key messages from the Reserve Bank in its regular policy and…
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Synlait Milk chief executive Leon Clement resigns
12 Apr 2021Leon Clement will leave the company at the end of the month after less than three years in the job.
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'We need a building ministry': Doco reveals high-rise horrors
11 Apr 2021A new documentary by building experts John Gray and Roger Levie has uncovered the shocking state of apartment buildings around New Zealand. Audio
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'There's just no explanation for it': Manufacturing companies question hike in power prices
9 Apr 2021Wholesale power prices are nearly seven times higher than they were a year ago, reaching as high as $500 (MWh) in the past fortnight, according to data from an energy consultancy firm.
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Govt increases Air NZ loan by $600m
The government has increased how much money Air New Zealand can borrow, as it defers its plan for a capital raise until September.
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Cook Islands tourism industry holding hopes as signs point to NZ travel bubble
9 Apr 2021Air New Zealand says it doesn't know of any impending announcement regarding a two-way travel bubble but it is ramping up its operations to the islands from 10 May.
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Law criminalising commercial cartels comes into effect
8 Apr 2021The law was changed last year to make being in a commercial cartel a criminal matter, and individuals who are convicted could face a seven-year jail sentence or a fine of up to $500,000.
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ANZ April survey shows business confidence dip
8 Apr 2021A preliminary read of the ANZ Bank's monthly survey for April showed headline confidence becoming more pessimistic, with a net 8 percent believing the broad economic outlook will get worse over the…
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Covid-19: Business failure numbers still below pre-pandemic levels
8 Apr 2021Fears that the pandemic would prompt a wave of business failures have not come to fruition, yet.
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Industries desperate for workers urge government to open borders to Pacific
7 Apr 2021Fruit, meat works and food processing industries are calling on the government to open Pacific borders to tackle what they're calling their worst ever labour crisis.
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Commodity prices hit record high, driven by surge in global dairy exports
7 Apr 2021ANZ's monthly commodity price index rose 6 percent in March on February, and was 20 percent higher than a year ago, to reach its highest level since it was started in 1986.
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Rise in car repossessions over money owed by previous owner
7 Apr 2021The Financial Services Complaints organisation said people are having their cars repossessed after they bought them from sellers who didn't disclose there was money still owed on it.
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Trans-Tasman bubble may produce uneven spending in regions - economist
7 Apr 2021Economists are warning that the resumption of trans-Tasman travel may not necessarily deliver the economic boon many are hoping for.
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NZ Ski needs overseas chefs for trans-Tasman bubble
A major ski company is hiring hundreds of additional staff to cater for guests from Australia once the travel bubble opens, in just under two weeks. Audio
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Trans-Tasman bubble: Surge in tourism bookings in Queenstown
South Island businesses are rejoicing over news the trans-Tasman bubble will soon be opening.
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Tauranga city centre businesses struggle without shoppers
7 Apr 2021Tauranga businesses are hoping new leadership in the city will help revitalise the CBD, which has been hit hard by lockdowns and a lack of cruise ships.
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Why NZ's productivity growth is lagging - and what that means
The Detail - New Zealand's productivity growth figures aren't great and are artificially inflated by house prices. Productivity Commission chair Dr Ganesh Nana explains why that matters.
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Govt requested to rethink position on Glyphosate use after honey rejection
Apiculture New Zealand has asked the Agriculture Minister to support a national discussion on Glyphosate use, saying international consumers are more concerned about chemical residues in food.
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Covid-19: Air NZ sets up team to review compassionate refunds
Air New Zealand has set up a team to review ticket refunds on compassionate grounds for people who can no longer travel due to ill health or financial hardship caused by Covid-19. Audio
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