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Business headlines with summaries.
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Probe leads to legal action against lender Moola
The Commerce Commission has filed legal action against payday lender Moola, saying it has not been a responsible lender. Audio
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Rentals left empty as landlords flout new law
As some rental owners struggle to catch up, Dunedin landlords who have not planned properly for insulation regulation changes are leaving some rental properties empty, the Otago Property Investors'…
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Chch clothing firm buys one of NZ's largest manufacturers
A Christchurch clothing company has bought one of the country's largest apparel manufacturers and made a commitment to keep making its products in New Zealand. Audio
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Refining NZ plans nation's biggest solar energy farm
Refining New Zealand is considering spending up to $39 million to build a 26-megawatt, 31 hectare solar farm next to its Marsden Point plant.
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Deutsche Bank confirms plan to cut 18,000 jobs
Deutsche Bank will cut 18,000 jobs over three years as part of a radical reorganisation of the German bank.
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Jump in complaints against electricity and gas firms
Complaints against utility companies, such as electricity, gas, and water firms, are up 10 percent on last year, according to a report from the Utilities Disputes service.
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Fonterra at loss over slump in Fund prices, Co-op shares
The dairy giant says nothing has changed in its business to account for a slump in associated share funds.
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'Sustainability': Air NZ's reason for dumping newspapers questioned
Air New Zealand has faced criticism from news companies for its decision to stop stocking newspapers in Koru lounges.
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Sale of Westland Milk Products approved by shareholders
Westland Milk Products shareholders have voted overwhelmingly in favour of selling their company to the Chinese buyer Yili. Audio
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Wagamama shuts down New Zealand stores
Popular Asian-inspired restaurant chain Wagamama is shutting up shop in New Zealand.
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House price growth flat as Auckland values continue to fall
Growth in house price values nationwide has almost slowed to a stop. House values in Auckland have continued to decline, while some regions remained hot. Audio
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RBNZ acted properly in CBL's liquidation process - review
However, the review said an under-resourced, inexperienced, and, at times, impotent Reserve Bank could have done better in handling the failed insurance group.
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Bank bonus culture: Staff 'obviously scared of the response'
Bank employees on the frontline of lending are coming out of the woodwork to lay complaints about workplace bonus culture.
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New low-cost petrol station gets Wellington pumped up
Wellingtonians have been spared the shock of a bump to petrol taxes and road user charges with the opening of a new low-cost petrol station. Audio
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India 'market of great opportunity' for Fonterra
Fonterra's launch of the 'Dreamery' brand - its second foray into India - is part of its new partnership with the Asian country's largest consumer retail company.
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Provincial Growth Fund lends $15m to silica export industry player
The Provincial Growth Fund is giving the Taupo-based company a $15 million loan to help it develop a silica export industry from geothermal waste.
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Fourth consecutive fall in dairy prices
Prices fell 0.4 percent at the at the latest Global Dairy Trade auction.
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Kiwi scientists working with Vietnamese partners on new dragon fruit
New Zealand scientists are helping to develop new varieties of dragon fruit that will be commercially grown in Vietnam.
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New contract breaks Chorus' promise - subcontractor
Up to 600 broadband installation workers subcontracted by Chorus are being urged to sign a new contract that will lower their pay by up to 30 percent, according to E Tu Union
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Calls for Overseas Investment to halt Westland sale
A group of former shareholders in the Westland Dairy Co-operative want the Overseas Investment Office to halt or at least delay the sale of the troubled firm to a Chinese company until they have been…
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ANZ staff sacked for deleting customer email addresses
ANZ says it dismissed seven staff who deleted customer email addresses to prevent them giving negative feedback.
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Business confidence hits 10-year low - NZIER
Business confidence has fallen to its lowest level in a decade amid softer demand at home and a gloomier international outlook.
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Public weighs in on RBNZ's higher bank capital proposal
The general public's suspicion of highly profitable, foreign-owned banks has led many to support the Reserve Bank's plan to increase capital requirements.
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Today's business news: What you need to know
In today's business news - Smiths City reports a loss for its financial year, Abano Healthcare is reviewing its assets and over 65s now eligible for KiwiSaver.
