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Today's business news: What you need to know
Latest - The NZX is selling its investment research business, retail spending is up a fraction and Serko posts a lower profit on the previous year.
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SkyCity launching online gambling service
The casino operator is getting into online gambling to plug a hole in its earnings.
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Cut to OCR may not be needed as house prices set to rise - Westpac
House prices may get a shot in the arm from current low interest rates and the government's decision to scrap any chance of a capital gains tax.
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AFT Pharmaceuticals slims its losses
The drug maker has reduced its losses after cutting its research and development spend and selling more of its over the counter pain relief products overseas.
Business headlines with summaries.
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Dairy prices drop for first time in six months
Dairy prices had been sitting at two-year highs after posting consistent rises since late November.
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Today's business news: What you need to know
In today's business news - Inverstore makes a smaller full year profit, and the Commerce Commission urges for feedback on a new regulatory regime for fibre networks.
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Tower makes $11.9m profit for half year
The insurance company has returned to profit as higher premiums, better weather in the Pacific and its digital transformation, begin to pay off.
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Businesses concerned over auditors' integrity - FMA
Investors have a wariness about auditors who check company finances because they believe they lack independence and there is not enough competition in the sector.
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Kiwi Property makes $138m net profit for the year
The property investor's result comes as it continues to reinvest in its Auckland retail and office properties.
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Genesis Energy to end coal use 'if we can' by 2030
The country's largest power company is easing off its plan to stop using coal completely by 2030.
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Today's business news: What you need to know
In today's business news - Steel and Tube has lowered its full year earnings forecast and growth in the service sector continues to slow down.
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ANZ ticked off by regulator, forced to hold $760m of capital
The Reserve Bank has censured the country's largest bank, ANZ, for not properly calculating its risk and ordered it to increase its capital.
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Fast food restaurants slow to a halt as employees go on strike
Hundreds of staff at KFC, Carl's Jr and Pizza Hut are to strike this weekend amid an ongoing dispute with their employer Restaurant Brands.
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Cheques still allowed at big banks
New Zealand's four biggest banks will continue to honour cheques, even though Kiwibank is scrapping the service.
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Today's business news: What you need to know
In today's business news - the manufacturing sector continues to expand, wholesale inflation falls and ASB forecasts a slowing economy.
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Infratil posts loss following Vodafone acquisition announcement
The utilities investor has posted a loss of $19.5 million as it looks to fund its planned acquisition of Vodafone.
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US lifts steel and aluminium tariffs on Canada
The US has reached a deal with Canada to lift tariffs on steel and aluminium imports in a move that could lead to approval for a new North American trade deal.
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Renewable deal: Genesis signs 20-year deal with wind farm
Genesis Energy is to buy the energy from the planned Tilt Renewables wind farm in South Taranaki.
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Kiwibank to bounce cheques for good next year
Kiwibank will be cheque-free as of February next year after reaching a "tipping point".
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Today's business news: What you need to know
Tourism industry expecting moderate growth over the next five years to six years.
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Credit report responses too slow - Privacy Commissioner
Most credit report companies are too slow at handling people's requests for their information to meet new timeframe deadlines coming in July, a spot check by the Privacy Commissioner has found.
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Kiwis well-served for mobile services - Commerce Commission
The mobile sector has been serving New Zealanders reasonably well and not in need of any further regulation at this stage, the Commerce Commission says.
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Goodman Property makes strong profit
Goodman Property Trust made a $200m gain in the value of its property portfolio.
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Readings present revised plan for Courtenay Central
The company that owns Courtenay Central in Wellington says it has big plans for redeveloping the complex - which is closed due to earthquake risks.
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Today's business news: What you need to know
Chorus revamps its subcontracting arrangements, migrant numbers continue to rise, and the government reallocates Free Fees money.
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NZX falls as US-China trade war escalates
The local sharemarket has followed global markets and taken a hammering this morning as the US-China trade dispute escalated.
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Air New Zealand executives' pay to be frozen
"Eye-watering" increases in the price of jet fuel is significantly affecting Air New Zealand, chief executive Christopher Luxon says.
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Auckland house sales drop 16 percent in April
House prices are up in most parts of the country, but the volume of sales is down to the lowest level in five years for the month of April.
