Business
Evening business for Thursday 12 March
News from the business sector, including a market report. Audio
Warning over suspected pyramid scheme in Hawke's Bay
The Commerce Commission said the scheme promotes health supplements, but members' payments appear to rely on continuously recruiting new people.
'We can't be left behind': Wattie's employee pleads for government help
A Wattie's factory employee fears for her and her colleagues' futures, saying it has been decades since some of them have had to interview for a job. Audio
Morning Report Essentials for Thursday 12 March
Ministers meet to discuss New Zealand's fuel reserves and supply chain risks; Air New Zealand's CEO responds to rising fuel costs and possible fare surcharges; Legal action filed after pay rises… Audio
Market Update for 12 March 2026
The latest market updates and news from RNZ's business team. Audio
Vege growers blindsided by Watties proposal
The ripple effect of the closure would hit Canterbury farmers who produce about 36 thousand tonnes of peas every year for Watties. Audio
Watties looks to close some manufacturing operations in NZ
Kiwi classics like Watties frozen peas and Gregg's coffee could no longer be present at the kitchen table as Heinz Wattie's proposes a major shake-up of its operations. Delphine Herbert reports. Audio
Record amount of oil reserve to be released due to Iran crisis
The IEA will release 400 million barrels of oil, the largest such move in its history, to try to rein in crude prices.
Medicinal cannabis company shuts down
The cannabis company says the current regulatory environment has made it "very challenging for manufacturers to operate sustainably at scale".
Should the government impose fuel rationing?
Wise Response Society chairperson Nathan Surendran says fuel rationing should be immediately implemented by the government as a precaution. Audio
Evening business for 11 March 2026
News from the business sector, including a market report. Audio
350 jobs at risk in Heinz Wattie's proposed closures
The company's plan includes axing a number of products and brands, including frozen vegetables and Gregg's.
Heinz Wattie's propose closure of three manufacturing plants
One of New Zealand's oldest and biggest food producers could axe 350 jobs and a bunch of beloved Kiwi brands. Heinz Wattie's announced this afternoon it's proposing to discontinue the sale and… Audio
Call for fuel rationing as war continues in Middle East
There is a call for immediate fuel rationing in Aotearoa as war in the Middle East rages on. The risk mitigation think tank, Wise Response Society wants the government to activate the emergency… Audio
Live animal exporters disappointed about U-turn
Exporters of live animals by sea are feeling "not flash" about the government's announcement it will not resume the trade this term.
Briscoe Group posts steady result in tough year for retail
Managing director Rod Duke said delivering record sales in a year of weak consumer sentiment was "an outstanding result".
KiwiSaver balances wobble: Is this time different?
Markets have been volatile this week as they digest the impact of the war in the Middle East.
What is a sabbatical and how do I get one?
Extended time off is rare for New Zealand workers, but some have secured the elusive perk.