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Food market to take over Nelson site deemed unviable for affordable housing
Nelson City Council is leasing a central city site previously tagged for housing development to a market gardener.
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Consumer credit: 'Kiwis are finding it harder to pay their bills'
12:37 pm todayDemand for consumer credit is increasing, though arrears are continuing to increase.
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Westpac joins rivals in offering gambling block for debit, credit cards
12:24 pm todayThe move is a response to customer demand to cope with gambling addictions, the bank says.
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Kathmandu owner posts near $10m loss
10:39 am todayKMD Brands said sales were down for all its brands - Kathmandu, Oboz and Rip Curl.
Business headlines with summaries.
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Economic outlook revised down, recovery expected in 2026
18 Mar 2024The economic outlook for the next 12 months has been revised down, though population growth is expected to support a recovery in 2026.
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Hotel investment predicted to lift as bookings pick up
18 Mar 2024Hotels have had a strong increase in bookings as international tourist numbers edge towards pre-Covid levels.
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Big Mac, big tech: Inside the McDonald's meltdown
16 Mar 2024It would only be a slight exaggeration to now call McDonald's a tech company that happens to sell burgers. So what happens when it goes wrong, as it did Friday night around New Zealand?
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Some McDonald's outlets back online after tech outage in several countries
16 Mar 2024Some McDonald's stores were back online after a global technology outage on Friday disrupted operations for a few hours at many of the restaurant chain's outlets.
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Air NZ disputes 'misleading statistics' about airfare increases
15 Mar 2024NZ Airports Association said the airline hiked its average domestic network airfares by $51 to $200 per one-way airfare for the year ending September 2023. Audio
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Massive computer breakdown hits McDonald's restaurants throughout NZ
15 Mar 2024McDonald's throughout the Asia-Pacific region have reportedly been hit with outages.
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What's behind the worsening Auckland Airport queues
15 Mar 2024Aviation insiders say airport security staff are on the verge of burnout and accidents are bound to happen.
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NZ not as well globally connnected as it used to be
15 Mar 2024A drop in trade and international passenger traffic has seen the country slip in a global index.
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Stake in Westfield retail sites up for sale, international buyers showing interest
15 Mar 2024A large stake in Westfield's five prime retail properties in Auckland and Christchurch are for sale.
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Small businesses' long-term confidence drops, nearly half expect turnover decrease
15 Mar 2024Research indicates little change in short-term small business confidence in the years since the 2020-peak, but fewer were confident about the outlook five to 10 years ahead.
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RSE workers go to court after some pay packets reduced to zero
16 Mar 2024Money was unlawfully taken for travel, wet weather gear and storage, leaving them wageless, workers claim.
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Replacing posties with couriers will slow deliveries, union says
17 Mar 2024The company plans to lay off 700 posties over the next five years and pass their duties to contracted courier drivers.
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NZ could double its debt to build more, economist says
15 Mar 2024New Zealand should not be afraid of borrowing and spending more to keep up with infrastructure needs, a senior economist says. Audio
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TVNZ job cuts: Public asked to join protest campaign
15 Mar 2024Every New Zealander is a stakeholder in TVNZ, the staff union says, urging the public to get involved. Audio
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A brief history of government bailouts
A ski field is the latest in a long line of floundering private companies being rescued by the taxpayer.
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Grocery prices Kiwis' biggest financial concern
15 Mar 2024Consumers are most worried about the cost of groceries, which is adding to the financial pressure many are feeling.
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Mortgage break fees: What you need to know
14 Mar 2024Explainer - As big banks reduce home loan interest rates, people might be tempted to shop around. But break fees can end up costing as much or even more than potential savings.
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Air New Zealand 'record-high domestic airfares' called out
14 Mar 2024Airports are hitting out at Air New Zealand's domestic airfares and are calling for ticket prices to be independently monitored.
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Spark may use AI in new plan to improve efficiency
14 Mar 2024Telecommunications giant Spark is remaining tight-lipped over how many jobs it plans to cut after a restructure meeting with its staff on Thursday morning.
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TVNZ staff want to know why profitable shows are being cut - Union
14 Mar 2024The union for some TVNZ staffers says the broadcaster should pause it plans. Audio
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Housing market recovery uneven, likely to 'underwhelm'
14 Mar 2024The housing market recovery is spreading, with nearly 60 percent of suburbs seeing some improvement this year.
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Government's science agency looks to cut staff, focus on money-making projects
14 Mar 2024One of the country's top research organisations is proposing to cut staff and focus on science projects that make money.
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Ruapehu Alpine Lifts gets $7m bailout from government
13 Mar 2024The operator has been told "this is the last chance saloon" and no more government money will be coming.
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