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Business headlines with summaries.
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Was this last major bank interest rate cut for a while?
23 Jun 2025Experts are split on whether banks will cut interests rates again over concerns for escalating global risks.
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Southland industrial park to be linked with new inland port
23 Jun 2025The privately funded projects have been costed to eventually cost as much as $5 billion.
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Economies face a potential war shock: Surging oil prices
Oil prices are likely to depend on whether Iran's parliament decides to block the Strait of Hormuz, a key trade route that accounts for 20 percent of the world's crude oil. Audio
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NZ share market falls after US strikes on Iran
23 Jun 2025The New Zealand market is the first in the world to open after the US bombing raids on Iranian nuclear facilities.
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Bidders for Northern Expressway public private partnership revealed
22 Jun 2025Three bidders have been confirmed for the extension from Warkworth to Te Hana.
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What's going on with Briscoes shares?
22 Jun 2025The price lifted from less than $5 at the start of the month to $6.19 this week.
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Feeling stressed? Cuddle a cow, says dairy farm
Proceeds from the bovine bonding help fund a nearby wildlife preserve.
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Opponents of Central Otago goldmine ramp up campaign
19 Jun 2025Santana Minerals estimates it could extract gold worth $4.4 billion from the site between Bendigo and Ophir.
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Quarter of homes rely on government to keep roof over head
19 Jun 2025One economist says it's a clear sign that a more cohesive housing strategy is needed.
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GDP grows by 0.8% in first quarter of year
The economy grew relatively strongly at the start of the year, however, there are signs it's losing momentum.
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Trump on US Fed: 'Am I allowed to appoint myself?'
19 Jun 2025The US President was commenting as the Fed chair held interest rates steady for a fourth consecutive time despite Trump's wishes.
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House prices to be '20% lower in 2030s than 2021' - forecast
19 Jun 2025The housing market is picking up in activity but values are still flat, and that is likely to be the case for some time yet.
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Bali flights resume after volcano eruption
19 Jun 2025Indonesian authorities said ash was fired up to 11km into the atmosphere.
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NZ's major power companies join forces to improve energy security
19 Jun 2025The companies said they were trying to avoid a repeat of last year's power supply scare.
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'Very extensively damaged': Auckland supermarket ruins back in owners' hands
18 Jun 2025Foodstuffs North Island's head of property says the pathway to re-opening is unclear.
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One-year home loan rate falls - but should you take it?
Another bank has cut its one-year fixed term rate to 4.89 percent, the lowest advertised rate in the market.
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IRD finds $45m of undeclared tax in horticulture industry
A spokesperson said they were seeing concerning practices in the sector, that included people being paid under the table.
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Landlord ordered to pay $9k following illegal storage unit tenancy
21 Jun 2025A desperate father moved into a storage unit in an industrial zone with his 5yo daughter, paying $430 a week for space with no fresh air or natural light.
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Ski season opens with Whakapapa, Tūroa under new management
20 Jun 2025Thousands of skiers, snowboarders and sightseers will head up Mount Ruapehu this long weekend.
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Government to spend $16.5m to help Reserve Bank battle inflation
The government is changing how inflation data is reported.
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Should Kiwis pay the high price for NZ dairy overseas buyers will?
18 Jun 2025We 'feed the world', but butter costs 50% more than it did a year ago.
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Gloom in capital as consumer confidence perks up slightly
18 Jun 2025Despite the increase, confidence still remains firmly entrenched below 100, which is regarded as pessimism.
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FMA confirms job cuts
18 Jun 2025The country's leading financial market regulator has confirmed it cut 20 jobs.
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Funeral costs in the spotlight
18 Jun 2025Even funeral directors believe death could be done better, but how to achieve that is up for debate.
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