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Business headlines with summaries.
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Warehouse Group shareholders bombard executives with criticism
28 Nov 2025A refreshed executive team had hit the ground running with a sharpened focus on controlling costs and driving growth.
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'40-minute queues': Drivers warned to expect delays when IKEA opens
28 Nov 2025In a "worst-case scenario" there could be 40-minute queues to get off the motorway, and an hour wait to get into carparks at IKEA.
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Westpac penalised $3.64m by the High Court
28 Nov 2025The bank had breached lender responsibility rules.
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NZ's longest-serving meat worker retires after 64 years
28 Nov 2025Ken McLeod, 80, says it felt like he had "robbed a bank" when he got his pay cheques in the mid-1960s. Audio
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'Green shoots well established': Business confidence at 11-year high
28 Nov 2025The more closely followed measure of businesses' expected own activity also rose to the highest level in more than a decade.
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'There's nothing we opposed': Board responds to outrage over Eden Park events
28 Nov 2025It says the business community and the public's reaction was based on an incomplete record of information. Audio
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Chip maker Rakon narrows half-year loss
28 Nov 2025The company said it benefited from cost cutting at its New Zealand, India and France operations.
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Women 'working for nothing' from this week
28 Nov 2025Although the country's gender pay gap improved this year, campaigners say there's more to be done to bring pay equality for Kiwi women.
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Consumer confidence still negative, despite lift
28 Nov 2025Consumer confidence has lifted to its highest level since June, with more households expecting to be better off in a year's time.
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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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