Business
Midday Markets for 12 August 2019
For the latest from the markets we're joined by Melika King of Craigs Investment Partners. Audio
Earnings news
The tourism and campervan company, Tourism Holdings, says a tax adjustment will push its full year net profit above the top end of its guidance range Audio
Sale of two businesses helps Contact lift profit
The country's biggest power company, Contact Energy, has more than doubled its net profit for the year after some cost cutting and the shedding two of its businesses. Audio
Fonterra expects to miss $800m debt reduction target
Fonterra's on track for another big loss and now admits it's going to miss its 800 million dollar debt reduction target. Audio
Sale of two businesses helps Contact lift profit
The power company has more than doubled its net profit for the year after some cost cutting and the shedding two of its businesses.
Fonterra forecasts up to $675m loss for year
Dairy giant Fonterra is forecasting another big loss as it writes down the value of underperforming overseas assets.
Fonterra forecasts loss of up to $675m for financial year
Dairy giant Fonterra is forecasting another big loss as it writes down the value of under-performing overseas assets. Audio
Markets Update for 12 August 2019
A brief update of movements in the financial sector. Audio
Business News for 12 August 2019
News from the business sector, including a market report. Audio
Early Business News for 12 August 2019
A brief update of movements in the financial sector. Audio
Biz Byte - company earnings season kicks off this week
Business editor Gyles Beckford, looks into the crystal ball for the company earnings season, which kicks off this week Audio
Businessman fined $10,000 for allowing unlicensed electrical work
A Wellington business owner has been ordered to pay over $10,000 for allowing an unsupervised trainee to carry out prescribed electrical work.
Convergence: yesterday’s buzzword the new normal
Once upon a timeour major media companies and telcos were none of each others' business. Now they are all up in each others' business because of 'convergence' driven by digital technology and the… Audio
Staff often lose out when restaurants go under - ex-manager
Former staff of the restaurant franchise Wagamama say they are tens of thousands of dollars out of pocket after its doors closed last month.
'Ghost' restaurants popping up to corner Uber Eats market
The food delivery app Uber Eats is being accused of taking such high commission fees that it's running some restaurants into the ground.
‘Ghost restaurants’ open to combat Uber Eats’ high prices
Food delivery app Uber Eats is being accused of taking such high fees that it's running some restaurants into the ground. To make things work, so-called "ghost restaurants" are popping up - which have… Audio
Evening business for 9 August 2019
News from the business sector, including a market report. Video, Audio
A conversation with Kris
The Two Cents' Worth team is joined by the Honourable Kris Fa'afoi to discuss banks, interest rate caps and 5G.
Audio
Business briefs
The casino operator, SkyCity Entertainment, says its Malta-based online gambling buisness, is now up and running. Audio
Midday Markets for 9 August 2019
For the latest from the markets we're joined by Michael Grace of Jarden Securities. Audio