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Cheap avocados: Good for the consumer but selling at a loss
Avocados are selling for as little as 30 cents each but the head of New Zealand Avocado says an avocado would have to sell at over $1 to make a profit.
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Fisher and Paykel lifts profit outlook
The healthcare appliance manufacturer has upgraded its full year guidance again after gaining the right to sell its new full face mask in the United States.
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New Zealander who heads Walmart moving to Air NZ CEO role
Air New Zealand has named the current head of major retail chain Walmart's US operations as its new chief executive.
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Unhappy Spark Sport customers horrified it now has cricket rights
A group of Spark Sport customers already unhappy with its Rugby World Cup coverage is horrified the company has been given the rights for cricket games played…
Business headlines with summaries.
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Spark Sport wins broadcast rights to NZ Cricket fixtures
The six-year deal allows Spark Sport to exclusively broadcast all matches played by the Black Caps and White Ferns in New Zealand.
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KiwiSaver providers' $480m fees under FMA scrutiny
KiwiSaver providers will have to justify the swelling size of the fees they charge investors, as the financial regulator cracks down.
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Fund manager warns of downsides to passive investment
A fund manager is warning investors that a growing number of popular low-fee passive funds may not be worth it in the the long run.
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Countdown says customers moving to plant-based proteins
Countdown is reporting a surge in consumer demand for alternative proteins.
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NZ Rugby and Sky team up in new broadcast deal
New Zealand Rugby is to take a 5 percent stake in Sky as it unveils a new broadcast deal.
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What does the Sky-NZR partnership mean for consumers?
Opinion - Sky and NZR are banking on both organisations benefiting from today's announcement, but Hadyn Green asks what happens if that's not the case.
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Analysis: Can Fonterra find a fresh future from a curdled past?
Eighteen years after its inception, Fonterra is guilty of overweening ambition, miscalculation, mismanagement, poor execution, burgeoning debt and corporate arrogance, writes Gyles Beckford.
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Shark cage diving business gets boost from court ruling
A Bluff tourism operator says the Supreme Court's decision that shark cage diving is legal has saved his business from closing down.
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Mining company gets green light for Waihi gold mine expansion
The Australia-based mining company OceanaGold has been given approval to buy land in Waihi to expand its gold mine.
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ANZ Australia to take a financial hit due to customer refunds
The Australian parent of ANZ bank will take a big financial hit after increasing the amount it has to refund to customers.
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Mercury CEO Fraser Whineray to join Fonterra
Fraser Whineray will take up the newly-created role of chief operating officer at the dairy co-operative next year.
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Christchurch exporter Garra to merge with KIT International
Christchurch-based primary products exporter Garra is merging with the US-founded trading company KIT international.
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Plan for Air NZ customer carpark at Auckland Airport flops
Plans to build a multi-level carpark for Air New Zealand's customers near Auckland International Airport has hit a roadblock.
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Shareholders revolt after director pay rise floated
A small investor lobby group is leading a move against a pay rise for the directors of the pharmaceutical and animal goods company Ebos Group because of unfair treatment to shareholders.
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Restaurant meals, takeaways drive up food prices
Food prices rose by 2.2 percent from September 2018 to the same month this year - the highest rise in food prices in a year since April 2018.
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Countdown to introduce quiet hours at stores
Countdown supermarkets will start offering a low-sensory quiet hour every week at all of its stores starting later this month.
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Govt surplus increases to $7.5 billion
A tax windfall and one-off accounting gains have delivered the biggest budget surplus in a decade - more than double forecasts.
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Companies still using liquidation to avoid liabilities
An employment law advocate says companies are still deliberately going into liquidation to avoid liabilities to their employees - years after changes to the insolvency sector were first proposed.
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KiwiSaver provider to lend to home buyers in industry first
No frills KiwiSaver provider Simplicity is getting into home finance offering cut price loans to its members.
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Central Bank paper: 'We have responsibility to ensure cash available'
The Reserve Bank is asking about the future of cash and reveals the number of ATMs is declining, plus its bank vaults are ageing and "sub-optimal".
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House price index barely changed despite cash rate change
Changes to the Official Cash Rate are yet to stimulate the housing market as hoped, according to QV.
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Maketu Pies receivers hoping to sell next week
The receivers of famous Bay of Plenty pie brand Maketu Pies hope the company will be sold next week.
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Business confidence at lowest level in a decade
NZIER's quarterly survey shows a net 35 percent pessimism level in the outlook for the broad economy compared with a net 34 percent level in June.
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John Key may have to relinquish banking role
The former prime minister could be forced to stand down from one of his banking roles because of a potential conflict of interest. Audio
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