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Business headlines with summaries.
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Business leaders oppose interference in bank lending
Business leaders aren't backing National Party's call for the government to "rein in" the Reserve Bank and insist conditions be put around new funding.
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Rest home operator sees higher profit during pandemic
Ryman Healthcare's full-year result has been hit by the Covid-19 pandemic although its profit for six months ending September was higher than the last year.
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Covid leave scheme: $129m paid out to support staff pay
The government has paid out more than $100 million to support businesses to pay staff who have been directed to self-isolate and can't work from home.
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BNZ closure 'incredibly disappointing' - Thames-Coromandel Mayor
Thames-Coromandel District Mayor Sandra Goudie is disappointed BNZ will be shutting its branch in Coromandel township and says it is a let-down for some in the community. Audio
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NZ-based Consumer lending company Harmoney has lacklustre stock exchange debut
The company's shares were trading at $AU3.26, 7 percent below the $AU3.50 issue price in Australia, and at $NZ3.70 in New Zealand, about 1 percent lower.
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BNZ set to close 38 branches
BNZ will close eight of its branches on Christmas Eve and 30 more before the middle of next year.
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Alliance pleased with performance despite sharp profit drop
One-off costs including retrospective payments to workers have pulled the meat processor Alliance's profit before tax down to $7.5 million.
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Covid-19 linked to increase in investment 'scammers' - FMA
The Financial Markets Authority is warning against a rise in investment impostor scams, where legitimate business names are used to trick people into giving up their cash.
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China's taste for more trade a plus for NZ - specialist
A New Zealand trade specialist is welcoming Chinese President Xi Jinping statements about his desire to open trade doors with the world. Audio
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Why the supermarket inquiry might end up costing you more
People might end up paying more for their fruit and vegetables, not less, after an inquiry into supermarkets, Horticulture New Zealand says.
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First home buyers hit record high in market share - report
For 2020 to date, first home buyers make up 24 percent of the market share, up from an average share of 21 percent, according to a CoreLogic report.
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Wharfie says automation to blame for Auckland port delays
An Auckland wharfie estimates Ports of Auckland is half as efficient as it used to be because of problems switching to an automated system to load and unload freight containers. Audio
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RBNZ reviewing processes after MPS info sent early
Some non-bank lenders were told a Funding for Lending Programme (FLP) would be implemented 45 minutes before its official announcement, the Reserve Bank has confirmed.
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New Covid measures force SkyCity casino closure in Adelaide
SkyCity has been forced to close its Adelaide casino due to new Covid-19 restrictions in South Australia.
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Ngāi Tahu commercial operations suffer $25.6m loss due to Covid-19
Ngāi Tahu's commercial operations have suffered a staggering loss of over $25.6m after the pandemic hammered its extensive tourism operations.
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Tech sector revenue increases by almost $1b
New Zealand's tech sector has defied the economic downturn unleashed by the Covid-19 pandemic with strong revenue, export, labour and investment growth.
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Serko gears up for growth despite half-year loss
Travel software company Serko says demand for business travel is far from over and the New Zealand market is close to 80 percent recovered from the effects of Covid-19.
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Foreign investment fell by 70 percent in first 6 months of 2020
Local private equity firms may benefit from a closed border, as it restricts foreign competition from the New Zealand investment market.
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Solid lift in profit for Port of Napier
The Port of Napier has weathered the impact of the Covid-19 pandemic and a fall in cargo volumes with a solid lift in profit.
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Importers demand answers over delays at ports
Ports of Auckland is unsure if a backlog of imports can be cleared before Christmas as some retailers fear their shelves will be half empty during the festive season. Audio
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Investore reports net profit of $91m for September half year
The big retail store and supermarket property owner, Investore, has made a significant half-year profit as its tenants fared well during the lockdowns and the value of its properties rose.
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Wealth tax predicted as anger over inequality 'reaches boiling point'
Rising public anger about growing inequality is likely to force the imposition of a capital gains or wealth tax in the next few years, according to the chief economist of Westpac.
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Demand for wool up after slump due to Covid disruption
After suffering a serious slump the wool industry has nearly managed to claw back prices to pre-Covid levels.
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Asia-Pacific trade deal to add 'certainty for New Zealand exporters' - minister
The RCEP trade agreement is expected to bring big gains for New Zealand, while holding all partners to account under a common set of rules and dispute mechanisms, the minister responsible says. Audio
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