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Business headlines with summaries.
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Hopes new Marlborough port will speed-up region's wine exporting
27 Feb 2025The facility is located next to the country's largest wine bottler, WineWorks. Audio
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Business confidence keeps inching up, as interest rates go down
27 Feb 2025Businesses are increasingly more confident of New Zealand's economic recovery, ANZ says, as interest rates lower and they anticipate more spending.
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The young KiwiSavers with $80,000 in the bank
27 Feb 2025While New Zealanders only have about $30,000 on average in their accounts, some of the youngest members of the population already have significantly more.
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Kiwibank forecasts better second half after profit dip
27 Feb 2025The state-owned bank's half-year profit has fallen as the weak economy hit its margins and increased costs, but it lent more money.
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Brakes come on four big electricity generator-retailers
27 Feb 2025The big four electricity generator-retailers will not be allowed to give preferential treatment to their retail arms through hedge contracts, under proposed new rules. Audio
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The bank offering 4.39%
27 Feb 2025One smaller player has come into the market offering significantly less.
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AI tech firm Nvidia earnings up, despite international challenges
27 Feb 2025AI tech firm Nvidia's latest earnings announcement has been positive, with all eyes on the firm amid challenges from new tech emerging from China.
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Warning low-income households 'left behind' as power companies innovate
It may be a tough winter for some, and the better off may be getting the better deals, advocates say
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'The opportunities are not as available' - male property investors still outnumber women
27 Feb 2025Just 21.9 percent of property investments are owned by solo women, compared to 26.1 percent by solo men.
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NZ lags behind in bequeathing money for charity
27 Feb 2025Only half of New Zealand adults have a will, with a small fraction of money being left behind for charity, according to a new report.
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Michael Hill CEO dies from 'adverse reaction' to medical treatment
26 Feb 2025Daniel Bracken had been in the role since 2018.
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Banks swamped as home owners rush to refix
26 Feb 2025Borrowers are taking an extra interest in their mortages as rates fall.
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Meat works on the market after 140 years
26 Feb 2025The site was home to the Smithfield meat plant for nearly 140 years.
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'We took a hit for New Zealand': Meridian reports $121m half-year loss
26 Feb 2025The winter energy crunch took a heavy toll on the power company.
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How much you need to earn to buy a house in NZ's cheapest region
26 Feb 2025The situation is "scary" for first-home buyers anywhere, advisors say, but some places are easier than other.
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What's behind the incoming power price rises?
26 Feb 2025Mercury is the most recent company to warn prices will increase. Audio
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Media company NZME reports $16 million full-year net loss
26 Feb 2025Media company NZME has reported a full year net loss after taking a non-cash writedown of $24 million on its publishing assets, along with a drop in underlying profit.
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Off-shore online stores, Temu and Shein, a 'significant worry' for retailers
Overseas online transactions are growing at a faster rate than domestic, with statistics showing we spent more than 6 billion online last year. Audio
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Comvita cuts 67 jobs, but could rebound in 2026
26 Feb 2025Honey producer Comvita's bitter financial losses have been sweetened by the maintaining of market share across a number of Asian markets, in the face of "seismic" changes to the global honey industry.
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The tax perk you might have forgotten about
25 Feb 2025Consultation on the tax settings for charities should ask more questions about the donation tax credit, an expert says.
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Consortium looks to take control of Northport
25 Feb 2025Port of Tauranga would cement its position, the Ports of Auckland would go.
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Mercury warns customers near 10% rise in power bills coming
25 Feb 2025It comes after the company revealed a slight fall in half-year underlying profit.
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Should banks cut into their profits to give lower interest rates?
25 Feb 2025The Reserve Bank governor has suggested banks use some of their margins to lower mortgage, but is there really room for that?
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Mercury Energy's earnings fall on lower generation, higher costs
25 Feb 2025Company chair Scott St John says the period was marked by significant challenges, including inflation and cost of living.
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