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Business headlines with summaries.
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Supreme Court rejects use of repurposed consents for water bottling
21 Nov 2023Two companies had previously been allowed to extract billions of litres of water each year from Christchurch's aquifers using a decades-old consent granted for industrial use.
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Growth in used car market share drives Turners' half year result
22 Nov 2023Strong growth in used car revenue has driven Turners Automotive to a better half year result, despite challenging economic conditions.
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Weather disruptions at Wellington Airport affect thousands
21 Nov 2023Hundreds of people are queuing at Wellington and Auckland airports to rebook flights after low cloud in the capital led to mass cancellations.
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Summer looking 'very positive' for Tourism Holdings
22 Nov 2023Campervan operator Tourism Holdings is planning for a further boost this summer as the travel industry continues to recover.
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Potential Ebos takeover called off after failed talks
22 Nov 2023Ebos has reportedly been in discussions with Australian pet care company Greencross over a potential deal, but discussions have concluded.
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Oceania Healthcare reports $35.2m half-year net profit
22 Nov 2023The aged care service provider has reported a large first half net profit reflecting a gain in the value of its portfolio.
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Cryptocurrency retailer launch NZ dollar-backed stablecoin
22 Nov 2023New Zealand's largest cryptocurrency retailer is launching its first stablecoin.
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Job ads fall, but applications on the rebound - Seek
22 Nov 2023The number of job ads fell in October in all regions except Taranaki, with real estate and property bucking the trend.
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Retirement Villages Association pushes back on mandatory timeframe for payouts
21 Nov 2023Retirement village operators will be put under financial pressure if they are forced to pay money owed to departing or deceased residents quickly, according to their industry group.
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Most companies under-reporting climate emissions - study
21 Nov 2023Most companies are not reporting their full climate impacts, including many of those who claim to be 'green', according to a new study.
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Shoppers shocked at increased aggression against supermarket staff
21 Nov 2023Shoppers in Auckland are appalled by the high rate of crime and abuse in supermarkets.
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Clothing brand Kilt putting employees out of work just a month before Christmas
21 Nov 2023The company is keeping its retail stores open but closing its Napier factory which has at least 18 staff members.
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Record prices forecast for kiwifruit growers
22 Nov 2023The 2023/24 season is looking brighter for kiwifruit growers with forecast prices at record levels thanks to better fruit quality.
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Log export prices firm as sales to China pick up
21 Nov 2023Prices for log exports are slowly improving, but a forestry consultant says the sector must find new international markets to reduce its reliance on China.
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Air New Zealand tipped to keep discounting fares as demand stays down
21 Nov 2023A leading transport analyst expects domestic air tickets to continue to be discounted over the coming months as Air New Zealand grapples with falling demand.
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Woolworths to spend $45m on safety initiatives after 131% rise in assaults
21 Nov 2023Verbal and physical abuse of staff at Woolworths supermarkets in New Zealand is up to four times worse than in Australia. Audio
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Centrix upgrade to make loan applications faster and easier
21 Nov 2023Credit bureau Centrix is stepping up collection of financial data, which will make it faster and easier for consumers to complete loan applications.
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Kiwi households each spending $77 a week on goods linked to modern slavery - report
21 Nov 2023World Vision estimates nearly $8 billion worth of goods associated with child and forced labour were imported in 2022.
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Auckland commercial real estate rents keep rising
21 Nov 2023A persistent economic downturn has failed to stand in the way of strong demand for high-quality commercial real estate.
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Drylandcarbon bankers have case to answer - court
20 Nov 2023The Court of Appeal says two bankers have a case to answer over their roles in the Drylandcarbon management companies.
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Insurer Tower quitting commercial rural sector to focus on smaller goals
The insurance company is quitting the commercial rural sector to 'simplify and improve efficiency.'
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Rodney Wayne blasts previous government after 'very tough 12 months'
20 Nov 2023Franchise Association's newly inducted hall-of-famer Rodney Wayne says the past year has been the toughest in the 53 years he has been in the hairdressing business.
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Economists predict drop in retail spending as household budgets squeezed
20 Nov 2023Third quarter retail trade figures are expected to reflect a difficult period for consumers, retailers and the economy.
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Wellington Airport flags continued disruptions after fog disrupts flights
20 Nov 2023Nearly 40 flights were cancelled on Sunday but despite clear skies today, some delays persist.
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