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Business headlines with summaries.
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Startup ecosystem 'extremely vibrant', venture capital firm says
28 Nov 2025Icehouse Ventures says the response to its latest early-stage seed fund has been "phenomenal", raising a record $70 million to help at least 30 businesses get started.
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Crypto accountant warns investors that tax collector is coming for them
27 Nov 2025In July last year IRD signalled it was honing in on people dealing crypto who were not declaring their income. Audio
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Outrage as local board votes against more Eden Park events
27 Nov 2025An Auckland business association is infuriated that their local board has voted not to support a plan to boost the number of gigs allowed the stadium. Audio
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New Zealand King Salmon falls to loss
27 Nov 2025It follows an abbreviated reporting period after changing its financial year, and lower salmon weights reducing harvest volumes.
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What now for home loan rates?
27 Nov 2025Interest rates have been cut again, but how much further can they keep going? Audio
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Habits may change as price of beef mince soars by 18%
27 Nov 2025The average price of a one-kilogram pack of beef mince climbed 18 percent since the start of the year.
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Chatham Islands' new wind farm to drop power prices by 20 percent
27 Nov 2025The Point Durham wind farm also makes it possible for the diesel-reliant islands to go green and run entirely on renewable energy. Audio
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Retailers want government to soften stance on card surcharge ban
27 Nov 2025The government plans to ban surcharges on in-store card payments, like Paywave, by May next year. Audio
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Tower reports record profits, more customers, fewer big-claim events
27 Nov 2025The insurance company added 5000 new customers to its existing 318,000 during the year ended in September.
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Property managers fined for relying on QR code
27 Nov 2025Property Brokers was fined for not advertising a rent price on signs, its general manager said.
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Ryman Healthcare returns to positive cashflow for first time in decade
27 Nov 2025But the retirement village operator has still reported a loss for the first half of the current financial year.
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Class action lawsuit filed against Transpower and its contractor
It follows the toppling of a power pylon in mid-2024 that cut power to the entire Northland region.
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Hamilton company to supply virtual reality training to UK defence contractor
27 Nov 2025The deal is in line with the government's push to develop a local defence export industry.
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First banks move after OCR cut
26 Nov 2025The Co-Operative Bank made the first move, dropping its floating home loan rate by 31 basis points
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Drone development faces less red tape
26 Nov 2025The new rules will "provide clearer pathways for the sector to test, trial, and grow", says Space Minister Judith Collins.
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'We're now on the up': Willis responds to OCR cut
26 Nov 2025With interest rates coming down again, questions now turn to how many cuts might still be to come. Audio
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'It's interesting times' - how AI is changing the search for information
26 Nov 2025NZ companies are finding new ways to get noticed in AI-driven searches, but are also causing headaches for lawyers and holiday planners. Audio
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Is it cheaper to pay a mortgage, or rent?
26 Nov 2025In both markets, people looking for a home have the power.
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Worried savers look for other options as interest rates fall
But experts warn that they should understand the risks they are taking. Audio
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Kiwis knocking back more low-alcohol beers
26 Nov 2025It's less about the alcohol and more about their waistlines, one expert says. Audio
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One in five Auckland home sellers making a loss
In the third quarter of this year, 87.8 percent of properties nationwide were sold for more than the sellers had paid for them. Audio
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F & P Healthcare surges to surprise $213m half-year profit
26 Nov 2025It was a 39 percent increase on the previous year for the country's largest exporter.
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Reserve Bank set to deliver further cut to official cash rate
25 Nov 2025Attention will be on the central bank's commentary and forecasts and how wide it leaves the door open for a further rate cut next year if needed.
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Why has Black Friday become such a big deal?
25 Nov 2025Explainer - You can't turn around without seeing a Black Friday advert this week. But where did it come from? Audio
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