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Business headlines with summaries.
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Fears Porirua parking meters will drive people out of the city centre
25 Nov 2021The Porirua Chamber of Commerce says proposed parking meters in the CBD will pile more pressure on businesses, and price out people from the city centre.
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Consumers urged to not get carried away with Black Friday hype
25 Nov 2021The Commerce Commission is urging retailers to follow the law during tomorrow's Black Friday sales. Audio
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Stride net rental income rose nearly $10m over half
25 Nov 2021The diversified property manager Stride plans to raise $120 million, after reporting a strong lift in its half year profit.
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Rakon reports strong half-year profit driven by high global demand
25 Nov 2021The computer chip manufacturer said demand for its frequency control and timing products had been strong.
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Official cash rate hike 'just another blow' for first-time home buyers
Yesterday's rise in the official cash rate is being described as a kick in the guts for first home buyers.
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Fisher & Paykel Healthcare net profit falls 2 percent in first half
25 Nov 2021Fisher & Paykel Healthcare has beat market expectations with strong demand for its products and lower freight costs.
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Small business sales rise despite Covid-19 uncertainty and mental toll
25 Nov 2021Small businesses are seeing improvements in sales, jobs and waited less time for invoices to be paid.
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Red StagTimber offers cash incentive for double vaxxed workers
24 Nov 2021A Rotorua timber company is dishing out big bucks in a bid to get as many workers possible double dosed.
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Methven's new Ōpuke Pools opened
The new thermal pool, spa and wellbeing complex is a vote of confidence in the future of tourism and the local economy, Regional Economic Development and Tourism Minister Stuart Nash says.
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Reserve Bank raises the official cash rate to 0.75 percent
24 Nov 2021The Reserve Bank has raised the official cash rate for the second time in two months to counter growing inflation pressures and signalled more rises next year.
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Serko 'burning cash' as it prepares for growth out of pandemic
The travel software company's chief executive says it's poised for growth as more normal travel conditions resume.
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KiwiRail group chief executive Greg Miller quits
24 Nov 2021KiwiRail group chief executive Greg Miller has resigned effective immediately due to the "recent and sustained allegations in the media" which he denies, the company says. Audio
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A2 Milk to fight second class action suit in Victoria
24 Nov 2021Speciality dairy company A2 Milk says it will vigourously defend itself against a second class action to be filed against it in the Supreme Court of Victoria.
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Off-plan property buyers should insist sunset clause removed from contracts - advisor
24 Nov 2021A financial advisor says buyers of new builds can easily avoid being burnt by a sunset clause, by ensuring developers cannot benefit from it.
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Severe weather events mark challenging year for Tower
24 Nov 2021An increasing number of severe floods and higher building costs are reflected in the insurer's full year result.
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Covid-19: Vaccine passes raise more questions than answers for businesses
23 Nov 2021Businesses will throw open their doors to customers under the new traffic light framework next Friday, but as the nuts and bolts are being worked through there seem to be more questions than answers.
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Auckland hairdressers doing 'all they can' to prepare for vaccine passes
23 Nov 2021Auckland hairdressers are preparing for a surge in customers when they are allowed to re-open on Friday, a week before businesses adjust to new requirements.
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Auckland wraps its head around reopening
23 Nov 2021Auckland is preparing to open for business and tourism hotspots are looking forward to travellers from the region. Meanwhile, providers in South Auckland are still working to boost the vaccination… Audio
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Businesses failing to enforce pass requirements to face big fines
23 Nov 2021The government is releasing a new tool to help businesses assess whether they should be requiring workers to be vaccinated. Video
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Traffic light system: Opposition says govt communication confusing
Ten days out from the new traffic light system, many businesses still feel in the dark and opposition parties are calling for clarity.
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ANZ suspends low-deposit home loans to comply with RBNZ rules
The ANZ bank has put a clamp on low-deposit lending to owner-occupiers wanting to buy existing homes as it moves to comply with tighter Reserve Bank lending rules.
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Lockdown sees significant retail sales volumes drop
Retail sales volumes have fallen sharply on the back of lockdowns across the country.
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Covid Pass verifier app now available for businesses
23 Nov 2021The government's official Covid-19 verifier app which will help businesses check that customers are vaccinated has been released today. Video
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New Morrison & Co fund focuses on carbon neutral projects
23 Nov 2021The global fund manager, Morrison & Co, has set up a $US3 billion ($NZ4.3b) infrastructure fund, with the support of co-investors.
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