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Business headlines with summaries.
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Hospitality woes: 'A lot of us feel like we're in mud'
28 Mar 2024Higher costs and cash-strapped consumers are leaving those in the hospitality industry in serious trouble. Audio
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Willis promises tax cuts as late return to surplus revealed
The government's books are in worse shape than thought but the Finance Minister says she will deliver. Audio
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Chocolate and coffee getting pricier
28 Mar 2024Local experts say although coffee and chocolate are getting more expensive, they won't disappear entirely.
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Trump Media soars in stock market debut
27 Mar 2024Shares surged in opening trade giving the firm a market value of more than $9 billion, which is far more than warranted, analysts say.
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Economy likely a 'slow grind' over 2024, ASB predicts
27 Mar 2024ASB's latest quarterly economic forecast shows the economy will likely stay flat over 2024, due to interest rate pressures and "some pockets" of increasing living costs.
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Fewer jobs advertised, applications rise for fifth consecutive month
27 Mar 2024The number of job ads in February fell 3 percent on the month before, with main centres recording the largest drop in hiring activity.
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AI takes on human for wine disease-spotting supremacy
26 Mar 2024A human is competing against an AI on a project aimed at detecting a disease costing the New Zealand wine industry millions.
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Customers overcharged nearly $600k after Southern Cross failed to apply discounts
26 Mar 2024The Financial Markets Authority said the cause was due to poor controls or technical errors.
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Entry barriers for digital bank start-ups too high in NZ, fintech service says
26 Mar 2024A fintech service says the government needs to take action on the Commerce Commission's draft report on personal banking to make it easier for new digital banks to compete.
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Watch: A first look at Auckland Airport's new drop-off area
27 Mar 2024Auckland International Airport's new area is opening to the public next week, with the promise it will make travellers' journeys easier and faster.
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Retailers push for overhaul of Easter trading hours
26 Mar 2024Shop owners say current trading restrictions - which say they must close, but online retailers can stay open - are outdated, unfair and confusing.
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Bathroom heaters being recalled after fires
26 Mar 2024Retailers are voluntarily recalling a wall-mounted bathroom heater after at least 15 fires or overheating events, the government says.
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Employment confidence rises, job search toughens - report
26 Mar 2024Employment confidence has turned positive for the first time since mid-2023, but workers say it is getting harder to find a job.
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Simplicity takes 19pc stake in Tax Traders
26 Mar 2024Simplicity's managing director says the company is "delighted" to make the investment.
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Postie unions decry 'race to the bottom' as job losses loom
26 Mar 2024Unions are worried the contracting model used to hire couriers will now be applied to more people in the postal workforce.
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Peter Gordon's Homeland restaurant to close
25 Mar 2024The top Kiwi chef is mulling the future of his restaurant and cooking school after the landlord did not renew the lease.
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BNP Paribas focuses on offshore investor demand for NZX-listed companies
25 Mar 2024The banking giant says bringing its third-party clearing product to New Zealand could boost cash in the market by bringing in global brokers.
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Former CBL boss cuts deal with Financial Markets Authority to settle case
25 Mar 2024The FMA said CBL managing director Peter Harris will admit keeping information from investors and issuing a deceptive statement to the stock exchange.
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Insurance complaint data to reveal individual companies
25 Mar 2024The Insurance Council will reveal how many complaints have been lodged against individual companiesand referred to external dispute resolution services.
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Fletcher announces leadership changes after first-half loss
25 Mar 2024Fletcher Building has appointed Nick Traber to take over from Ross Taylor as interim chief executive from the end of the week.
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Public service job cuts: Recruitment company seeing surge in applications
24 Mar 2024Public servants with "exceptional skills and talent" are flooding the workforce, recruiter says: "If you're a hiring manager, now's a great time."
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Cost-of-living crisis causes Trade Aid to close stores, move online
22 Mar 2024Trade Aid will shut its 24 shops, known for selling rugs, baskets, arts and crafts goods from developing countries.
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Environmentally friendly? Consumers are 'sceptical'
22 Mar 2024Kiwis aren't convinced by businesses that say they're environmentally friendly.
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Consent application for controversial energy plant not yet completed
22 Mar 2024South Island Resource Recovery Limited wants to build a waste-to-energy plant but has yet to complete a consent application that was first filed 18 months ago.