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Business

Eves Valley Sawmill management shut their plant near Nelson with the loss of 142 jobs. Photo: RNZ / Samantha Gee

Floods, closures and job losses rock Nelson's economy

The region is reeling from devastating floods, the closure of its largest sawmill and the potential loss of more than 100 additional jobs across the manufacturing sector.

Business

8:50am

Images of the recalled products.

'Significant recall' of Tasti products due to possible presence of metal

Consumers were urged not to consume affected products after "small wire-like" metal pieces were found in some Tasti snack bars, peanuts and Frooze Balls.

Business

Saturday 3:51pm

The ANKO Portable Blender.

Kmart blender recalled over injury risk

A portable blender has been recalled amid concerns that it could self-activate when the base is immersed in water.

Business

Fri, Sep 19

Top view of a crowded suburban city neighbourhood settlement.

How to figure out what price to offer for your new house

If you've been in the market for a home, you've probably noticed it's unusual to see prices listed.

Business

Fri, Sep 19

Countdown Dunedin South was closed for close to three-weeks after a "significant rat infestion" early last year.

Woolworths charged after rat infestation at Dunedin South supermarket

The supermarket giant faces a maximum penalty of $200,000 after rats forced a nearly three-week closure early last year.

Business

Fri, Sep 19

1:29

Eves Valley Sawmill management shut their plant near Nelson with the loss of 142 jobs. Photo: RNZ / Samantha Gee

Floods, closures and job losses rock Nelson's economy

The region is reeling from devastating floods, the closure of its largest sawmill and the potential loss of more than 100 additional jobs across the manufacturing sector.

Business

8:50am

Images of the recalled products.

'Significant recall' of Tasti products due to possible presence of metal

Consumers were urged not to consume affected products after "small wire-like" metal pieces were found in some Tasti snack bars, peanuts and Frooze Balls.

Business

Saturday 3:51pm

The ANKO Portable Blender.

Kmart blender recalled over injury risk

A portable blender has been recalled amid concerns that it could self-activate when the base is immersed in water.

Business

Fri, Sep 19

Top view of a crowded suburban city neighbourhood settlement.

How to figure out what price to offer for your new house

If you've been in the market for a home, you've probably noticed it's unusual to see prices listed.

Business

Fri, Sep 19

Countdown Dunedin South was closed for close to three-weeks after a "significant rat infestion" early last year.

Woolworths charged after rat infestation at Dunedin South supermarket

The supermarket giant faces a maximum penalty of $200,000 after rats forced a nearly three-week closure early last year.

Business

Fri, Sep 19

1:29

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Christopher Luxon at Air NZ on September 19

Luxon 'absolutely' backs Willis as finance minister amid GDP slump

Christopher Luxon said calls for Nicola Willis to resign were "absolute rubbish" and had told the minister she had his full backing.

Business

Fri, Sep 19

2:12

Retirees may be costing themselves thousands of dollars by switching to too-conservative investments too early.

The KiwiSaver choice that could cost retirees almost $30,000

Retirees may be costing themselves thousands of dollars by switching to too-conservative investments too early.

Business

Fri, Sep 19

1:29

The revelation was made as part of a defamation case Talley’s has taken against TVNZ and reporter Thomas Mead.

Former Talley's manager 'likely' forged documentation, company tells court

The revelations came as part of the ongoing defamation case the food group has taken against TVNZ and reporter Thomas Mead.

Business

Thu, Sep 18

The Proper Chips factory in Nelson.

Griffin's proposes closure of Proper Crisps factory in Nelson

Staff in Nelson and Wellington were told last week of a proposal to consolidate all savoury snack manufacturing at its Wiri site in South Auckland.

Business

Thu, Sep 18

Hayley Gourley. (Source: RBNZ)

New appointment to Reserve Bank's Monetary Policy Committee

The MPC is the independent decision-making body that is responsible for setting the official cash rate.

Business

Thu, Sep 18

Construction dropped 1.8% in the quarter, following a 1.2% increase in the March quarter.

GDP falls 0.9% in June quarter

According to Stats NZ, activity decreased across two out of three high-level industry groups during the June quarter.

Business

Thu, Sep 18

A Tesla Model Y pictured in Austin, Texas. File photo.

'Cruise control on steroids': Tesla's self-driving tech launches in NZ

The system is automated, but does this mean it's fully autonomous? Here's what you need to know.

Business

Thu, Sep 18

Should a woman automatically get half a partner's KiwiSaver if they separate?

Should a woman automatically get half a partner's KiwiSaver if they separate?

On average, women have KiwiSaver balances that are 25% smaller than men's but the gap is 37% for people aged 56 to 65.

Business

Wed, Sep 17

The food company is suing TVNZ to restore its reputation after reports highlighted health and safety complaints.

Talley's admits in court it can't quantify money lost due to news coverage

The food company is suing TVNZ to restore its reputation after reports highlighted health and safety complaints.

Business

Tue, Sep 16

More than 100 jobs were on the line at Tokoroa's plywood manufacturing plant.

Nearly 120 jobs on the line at Tokoroa plywood plant

Today's announcement was the latest in a wave of closures for the manufacturing and timber processing sector, with hundreds of jobs lost across multiple regions.

Business

Tue, Sep 16

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Ruapehu Mayor Weston Kirton presents the petition to Rangitīkei MP Suze Redmayne on the steps of Parliament.

Petition to save Chateau Tongariro to be presented at Parliament

Ruapehu Mayor Weston Kirton will present the petition – signed by 15,469 people – to Rangitīkei MP Suze Redmayne at midday, before it is lodged with the House.

Business

Tue, Sep 16

Milk, cheese, and butter once again drive increase in food prices

Milk, cheese, and butter once again drive increase in food prices

Food prices increased 5% in the 12 months to August, the same increase as the 12 months to July.

Business

Tue, Sep 16

Economic Growth Minister Nicola Willis.

Commerce Commission overhaul aims to stop 'creeping acquisitions'

The Commerce Commission would be restructured with stronger tools to seek a High Court injunction to require companies to comply with the Commerce Act.

Business

Tue, Sep 16

Growers said more overseas competition entered the sector after Cyclone Gabrielle.

Multiple Hawke's Bay peach growers cut loose as Wattie's scales back

Some growers have partly blamed the move on foreign competitors, who entered the market following Cyclone Gabrielle.

Business

Tue, Sep 16

Talley’s begins High Court defamation case, claims TVNZ ‘put the boot in’

Talley’s begins High Court defamation case, claims TVNZ ‘put the boot in’

The trial at the Auckland High Court was expected to last for four weeks.

Business

Mon, Sep 15

Banks expect economy shrank for second quarter of year

Banks expect economy shrank for second quarter of year

Three out of five bank economists forecast a deeper contraction than the Reserve Bank's expectation, with the official data to be released on Thursday.

Business

Mon, Sep 15

Tourism and Hospitality Minister Louise Upston.

Govt unveils $70m fund to lure global acts, support major events

New funding aimed at helping attract global acts, support local events, and drive regional visitor growth.

Business

Sun, Sep 14

Karangahape Returns.

Hopes loyalty campaign will attract business to Auckland's K' Rd

Karangahape Returns allows locals to purchase their very own slice of the eclectic street.

Business

Sat, Sep 13

Former Reserve Bank Governor Adrian Orr.

Former Reserve Bank Governor Adrian Orr's new job revealed

Orr’s move into green investment confirmed months after his resignation from the Reserve Bank, following tensions over funding and independence.

Business

Fri, Sep 12

Checking Lotto numbers on MyLotto app.

Lotto: $10 million must be won this weekend

In a must be won draw, if there are no Powerball First Division winners, the jackpot would roll down to the next Powerball division, with the winnings split equally between them.

Business

Fri, Sep 12

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