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Business headlines with summaries.
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$200m development opens with hopes to transform CBD
The major development is part of a push to get residents back into the heart of the city.
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Up to 200 fewer visits from cruise ships expected next season
11 Apr 2024Cruise ships brought about 350,000 to New Zealand this season but Red Sea shipping disruptions is expected to contribute to a lull for the next.
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Companies trim salary rises in tighter economic times
10 Apr 2024Businesses are being more selective over who they give salary increases to, favouring top-performing talent, a survey found.
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Small businesses suffering as productivity lags
10 Apr 2024The decline in productivity over the past 12 months has likely added pressure to the bottom lines, Xero says.
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IRD targeting 40,000 businesses over taxes
9 Apr 2024Inland Revenue is giving those in the construction industry a last chance warning to pay their taxes or it will identify them and take action. Audio
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Is there a rescue in sight for Newshub?
9 Apr 2024Speculation is mounting that another media company may step in to save Newshub - or at least part of it.
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Whisky and a view? Distillery advertises 'best job in the world'
9 Apr 2024Scapegrace Distilling Company is looking for a master blender to work on the shores of Lake Dunstan.
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Slowdown in sales, high interest rates hit business confidence
9 Apr 2024More businesses believe economic conditions will get worse in the coming year.
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Federated Farmers welcomes probe into rural banking interest rates
The Primary Production Select Committee has started an investigation into rural banking.
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Fashion designer Kate Sylvester to close business
10 Apr 2024The fashion label will sell its final summer collection and wind up the business in mid 2025. Audio
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Closure of town's only bank leaves elderly residents 'very upset'
10 Apr 2024The closure of the Kiwibank counter has left elderly residents without vital services and business owners facing long trips by car to do their banking.
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Investor confidence soars at Sharesies
9 Apr 2024Retail investment app Sharesies has had its biggest trading month ever, with Wall Street trades accounting for three quarters of the volume.
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New Zealand plant-based meat company Sunfed to shut
9 Apr 2024Investors pulling out, supply chain disruptions and soaring costs have left it "battered and bruised", its boss says.
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Concern for economy as truck drivers visa rules change
9 Apr 2024Industry leaders say the pathway helped local businesses to attract "skilled, experienced operators in a highly competitive international market".
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Average home value rises 2.2% to $924,734
9 Apr 2024QV says the market is still finding its footing amid "some pretty strong economic headwinds".
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Discounts for ex life-pass holders announced by new Tūroa operator
8 Apr 2024The new operator of the Tūroa Ski Field says ski passes will be on sale from next week - with deals for former life pass holders. Audio
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Heartland Group plans $210m raise to buy Australian bank
8 Apr 2024The takeover will make Melbourne-based Challenger Bank the only Australian bank fully owned by New Zealand interests.
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Help a grower - buy some feijoas
A glut of feijoas on the market is good news for fans of the fruit, but bad news for growers battling falling prices.
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Fast fibre let down by internet users' lousy Wi-Fi
8 Apr 2024Paying for a premium broadband service could be a waste of money for some, a new report has found.
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Energy sector upgrades unaffordable, unachievable, trade association says
8 Apr 2024Major energy users say New Zealand needs to challenge current thinking on how best to meet carbon emission targets.
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'They cruise, we lose' - Protesters hit Wellington streets
9 Apr 2024Calling for an end to "luxury emissions", climate protesters passed cruise ship visitors in Wellington chanting slogans and waving banners.
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TVNZ staff set to hear final decisions on job cuts
9 Apr 2024Meanwhile, a decision on alternatives to the proposal to close Newshub in June is being kept under wraps by its owner. Audio
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Building cost inflation slows to lowest level in eight years
9 Apr 2024The change means people building new homes and doing renovations can have more certainty, economist says.
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NZ Post to end rural parcel and newspaper deliveries on weekends
8 Apr 2024NZ Post chief operating officer Brendon Main said Saturday services to rural areas were not commercially viable.
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