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Business headlines with summaries.
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KiwiSaver shake-up's risks could outweigh the rewards
3 Feb 2025Analysis - The government has proposed changes to make it easier to invest in private assets. But does that come with dangers?
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Major shake-up of fishing quota system on the way
The courts, not Tiktok, should deal with illegal fishing, Shane Jones says.
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Flat hunting? Here's why a landlord can't ask whether you have got a job
12 Feb 2025The Privacy Commissioner's office has updated guidelines for the rental market.
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ASB lowers rates, broker expects more cuts to come
12 Feb 2025A rush of rate movements is predicted, as the official cash rate announcement looms.
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Why the Huntly power station could stay open for longer
12 Feb 2025Its owner is looking at ways to extend the life of the coal and gas fired units due for retirement in the next few years.
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Solar-powered drone reaches stratosphere on as much power as a hairdryer
12 Feb 2025The drone - with a wingspan of 12.5 metres - is to be used for earth observations including environmental monitoring, disaster response and a range of commercial applications. Audio
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ASB bounces back with net profit rising to $763m
12 Feb 2025The bank's profit dip last year proved to be temporary as borrowing demand increased, and it paid less for deposits.
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Economy of two halves: What to expect in 2025
12 Feb 2025The economy is at a turning point after a bumpy 2024, but "storm clouds" are on the horizon as a global trade war threatens New Zealand. Audio
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Here's why spending might pick up faster this time
12 Feb 2025Spending was quieter than normal over summer, but there may be good news on the horizon.
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Du Val owners given deadline to hand over assets
11 Feb 2025Du Val, which comprised dozens of companies, was in statutory management, owing about $240 million dollars to creditors and investors.
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Chorus doubles speed limits on basic household plans
12 Feb 2025High speed internet will soon get a lot faster for those on Chorus' basic household plans, with double the speed at no extra cost from June.
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Hopes for sustainable aviation fuel industry to take off in New Zealand
Hopes are high that a sustainable aviation fuel industry will be able to take off in Aotearoa, bringing skilled employment to regional New Zealand - including areas that have lost jobs in recent pulp… Audio
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Why it matters your KiwiSaver might be invested in roads and private businesses
11 Feb 2025Even some KiwiSaver managers are not convinced by a plan to remove some of the barriers to the schemes investing in private assets - but others say there are significantly higher returns on offer for…
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NZ Super 'just another benefit', why should you be allowed to travel, economist says
11 Feb 2025Anyone questioning why NZ Super recipients are generally required to live in New Zealand should think about whether they would be happy for Jobseeker benefits to go to people who had moved to…
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Tech sector jobs market remains tight - but expected to bounce back
11 Feb 2025The tech sector is expected to soon return to a tight labour market, which will quickly absorb a glut of people currently looking for work.
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Life on a no-frills budget still getting tougher for pensioners
11 Feb 2025Surviving on mince and sausages, and wearing second-hand clothes - that's the plight some pensioners face as the cost of living crisis continues. Audio
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All Quiksilver, Billabong and Volcom stores will close in the US
10 Feb 2025Quiksilver, Billabong and Volcom, once a magnet for Millennials looking for surfer and skateboard-inspired clothing, are permanently closing all of their stores.
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'Pre-wave' of property investors start to appear
House prices lifted by 1.3 percent on average nationally in the January quarter, though they are still lower than a year earlier.
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Coffee prices set to rise as cost of beans hits record high - café owner
10 Feb 2025A Wellington café owner says its coffee prices will increase by up to 30 cents per cup before end of the month, as the wholesale price of coffee continues to rise. Audio
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Australia v NZ - which economy is doing better?
10 Feb 2025New Zealand and Australia have both faced high inflation. But only one is now in a recession.
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Sales for Tesla's most popular car plunge 80% in New Zealand
10 Feb 2025A research firm says plummeting sales in New Zealand have nothing to do with its chief executive's polarising views - but some local graffiti shows a different view. Audio
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Visa changes 'going back to what worked' - immigration lawyer
10 Feb 2025Changes to the Active Investor Plus visa requirements are expected to meet pent-up demand from international investors, one group says.
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Will your phone survive the 3G apocalypse?
10 Feb 2025Many of us have already moved to 4G and 5G, but tech experts warn the impact of shutting down 3G will be larger than people think. Audio
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Luxury property sales drop by more than 50 percent
Statistics from the Real Estate Institute reveal only 152 properties valued at $5 million dollars or more were sold across New Zealand last year.
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