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Business headlines with summaries.
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Two banks cut interest rates
18 Feb 2025BNZ and TSB both made changes to interest rates on Tuesday.
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'No clear justification': Higher fuel margins could limit petrol price relief
18 Feb 2025Bigger margins could dent the impact of falling oil prices on Kiwi motorists.
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Thousands of farmers to earn cash for their climate efforts
18 Feb 2025Fonterra dairy farmers will be able to earn cash for their climate efforts starting on 1 June.
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Heartland Bank takes $50 million bad loans loss
18 Feb 2025The company said it would write off long dated arrears in car, business and equipment loans.
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Where's the best place to Airbnb your bach?
18 Feb 2025Property investors chasing higher yields, less risk in short-term market.
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Chicken nuggets that might contain rubber recalled
18 Feb 2025People who bought a certain brand of chicken nuggets are being warned not to eat them.
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Popular burger joint apologises after receipt includes racial slur
18 Feb 2025"Fergburger acknowledges and deeply regrets a recent incident," the famous restaurant said.
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Heat goes on KiwiSaver investments in fossil fuels
18 Feb 2025These are the funds with the most invested in 'worst' companies.
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Bumper year expected for merger and acquisition activity
18 Feb 2025All signs point to a bumper year for merger and acquisition activity, with technology, forestry and agriculture, energy, healthcare, and financial services leading the way, according to a new report.
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Power companies launch online resource for struggling customers
With power prices set to rise, electricity retailers have launched an online resource to help those struggling to stay "warm and well" this winter. Audio
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Glenbrook Steel Mill owner's earnings plunge
17 Feb 2025The owner of the Glenbrook Steel Mill saw its half-year earnings plunge amid softer steel prices and weak domestic demand from the building and construction sector.
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Coal reserves built up in fear of another dry winter
17 Feb 2025Genesis Energy is ready to burn a million tonnes or more of coal to provide back-up electricity supplies if it is a dry winter.
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A2 Milk shares surge after declaring first dividend
17 Feb 2025Infant formula maker A2 Milk's share price surged after its results beat market expectations and declared its maiden dividend.
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Last big cut? Economists expect RBNZ to slow the pace of rate cuts
17 Feb 2025As the country's top monetary policy officials meet this week to review the Reserve Bank's benchmark interest rate, the decision appears to be a foregone conclusion.
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Green shoots of recovery emerge in services sector
17 Feb 2025The sector has moved back into expansion for first time in 10 months.
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Freightways revenue increases despite economic hardship
17 Feb 2025Despite the increase, the company, which owns New Zealand Couriers, Post Haste and Big Chill Distribution, says it remains wary.
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Female-dominated professions struggle to catch up in cumulative earnings
17 Feb 2025Long training and unpaid placements means it could take decades for New Zealand teachers, nurses, social workers and midwives to catch up in cumulative earnings with minimum wage workers, a new study…
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Contact Energy reports drop in first half profit to December 2024
17 Feb 2025Contact Energy has reported a drop in first half net profit while making progress on its renewable energy developments.
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Try-A-Trade courses help rangitahi into further training
17 Feb 2025A new trades programme in Wellington, aimed at getting rangatahi off the benefit and into training is about to celebrate its first anniversary. Audio
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Pensioners ask: Why can't I get US Social Security and NZ Super?
16 Feb 2025Pensioners who have moved from the United States say they are getting a raw deal when it comes to NZ Superannuation.
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'Significant demand' leads to 10-week employment mediation delay
16 Feb 2025The country's employment dispute resolution service is facing "significant demand", leading to long wait times.
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Right to Repair Bill reading a big win - consumer advocate
16 Feb 2025Kiwis consumers are one step closer to the guaranteed right to repair the products they own with the Consumer Guarantees (Right to Repair) Amendment Bill set for its first reading in Parliament on… Audio
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Why best-performing KiwiSaver funds might not be right for everyone
15 Feb 2025Aggressive funds can be more volatile, but should deliver more returns over time.
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Zuckerberg wants business to 'man up', but what it really needs is more women
6 Feb 2025Analysis - Encouraging women to develop entrepreneurial mindsets could help address stagnating productivity.
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