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UK-NZ trade agreement 'substantial and comprehensive'
News of a free trade agreement between New Zealand and the United Kingdom has been welcomed by the business sector and opposition parties alike.
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Auckland hotel to allow only fully vaccinated guests
An Auckland inner city hotel and restaurant operator has decided it will take only guests who are fully vaccinated from November.
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'New era of market': UK free trade deal to eliminate tariffs for all New Zealand exports
12:15 pm todayNew Zealand has agreed in principle to the United Kingdom's second free trade deal since Brexit, eventually eliminating tariffs on all New Zealand exports to…
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Cannabis company Greenfern to debut on NZX
8:26 am todayTaranaki-based Greenfern Industries will debut on the NZX under a compliance listing, meaning there would be no share sell down or capital raise, for now.
Business headlines with summaries.
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Covid-19 restrictions: Auckland businesses suffer financially, mentally
Auckland's economic agency says its team is hearing stories of business closures and although more people are out and about they are not spending more.
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Number of property sales drops over lockdown, but upturn in first home buyers
20 Oct 2021CoreLogic chief property economist Kelvin Davidson says the upturn in first home buyers coincides with a downward trend for mortgaged investors' activity.
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New Zealand pension system drops in world rankings
20 Oct 2021The annual Mercer CFA Institute Global Pension Index places New Zealand at 15th, down from 10th place last year.
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Super Fund commits $300m to drive Warkworth property development project
The New Zealand Super Fund has joined forces with a local property developer to help tackle the country's housing shortage.
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Businesses urged to get ready for climate-related reporting
20 Oct 2021Standardised climate-related reporting, which would include progress on emission reductions, is on the way for many large organisations.
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Bills mounting for barbers and hairdressers with no reprieve in sight
20 Oct 2021Auckland hairdressers and barbers say they need more targeted financial support if they are going to make it out of lockdown intact. Audio
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Small business owners bogged down by admin, survey finds
20 Oct 2021New research shows small business owners are overworked and working unsustainable hours, which is affecting their well-being and productivity.
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ANZ Bank expects aggressive OCR increases
19 Oct 2021ANZ bank economists are now picking six rapid fire 25 basis point rises at each of the monetary reviews to next August, taking the cash rate to 2 percent, where it was in mid-2016.
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KiwiSaver withdrawals on the rise as lockdowns cause financial hardship
Disputes resolution organisation Financial Services Complaints has recorded an increase in complaints from people who have failed to access money on hardship grounds from their KiwiSaver provider.
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Some companies post positive trading updates despite Covid-19 lockdowns
19 Oct 2021Trading updates to several annual meetings today show firms matching or increasing sales in the first few months of the new trading year.
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Freightways buys ProducePronto
19 Oct 2021Freightways has bought the chilled food transport operator ProducePronto for $10 million.
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Ethical fashion report puts five NZ brands in top 20
19 Oct 2021NZ fashion companies are making "great progress" in meeting ethical standards with more than a third scoring above average in a Tearfund report.
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Newshub proposes to make radio reporter roles redundant
19 Oct 2021RNZ has been told Newshub journalists were informed this morning via a PowerPoint presentation.
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Commerce Commission looks into Harvey Norman and LG Electronics
19 Oct 2021The Commerce Commission is looking into a possible case of anti-competitive behaviour involving a major retailer and an international electronic goods maker.
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Manufacturing companies in hot water over hot water bottle sales
18 Oct 2021Two manufacturing companies have been fined for selling hot water bottles that did not comply with safety standards.
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WEL Networks plans a 35MW battery energy storage system
18 Oct 2021A Waikato-based lines company has lodged a resource consent to build the country's first large scale energy storage battery.
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Inflation hits highest level in a decade as consumer prices rose
18 Oct 2021Inflation has hit its highest level in a decade as consumer prices rose 2.2 percent in the three months ended September, taking the annual rate to 4.9 percent.
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T&G Global lowers full year profit expectations
18 Oct 2021Persistent labour shortages and rising shipping costs has forced produce grower and exporter T&G Global to lower its full-year profit expectations.
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Businesses ask for support in form of a voucher system
18 Oct 2021Businesses are calling for dining and entertainment vouchers to support the industries hard hit by Covid-19 lockdowns. Audio
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New fund wants dormant capital to support fight against modern slavery
18 Oct 2021Investors sitting on savings earning little or no interest can now choose to put their money to work for a philantropic purposes.
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Vulcan Steel plans share float next month - report
18 Oct 2021Steel distributor Vulcan Steel plans to float its shares on the Australian and New Zealand stock exchange next month, according to local media reports.
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Improvement in services sector but contraction remains
18 Oct 2021BusinessNZ chief executive Kirk Hope says there was overall improvement for services in September, but it's not business as usual.
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Investors ditch old houses for new ahead of taxes and standards
18 Oct 2021Property investors are selling off older properties to buy newer ones as they look to manage investments against changes to tax rules and healthy homes standards.
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Beyond tourism: webinars aim to diversify Queenstown Lakes economy
17 Oct 2021Council hopes webinars will aid the diversification of the district's economy.
Top News stories
- Covid-19 update: 102 community cases in NZ today
- Covid-19 briefing: Daily case numbers a 'bit of an emotional rollercoaster' - deputy PM
- Live Covid-19 updates: All the latest developments on 21 October
- Victoria's new cases top 2000 again as lockdown set to be lifted in hours
- UK-New Zealand free trade agreement 'substantial and comprehensive'