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Quake-damaged hotel to become five-star Sheraton
The building was badly damaged in the 2011 earthquake and has sat abandoned ever since.
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Reserve Bank of Australia cuts interest rates for third time this year
12 Aug 2025Tuesday's cut follows a further easing of inflation in the June quarter.
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Overseas company wants to buy stake in NZ red meat co-operative
12 Aug 2025Irish company Dawn Meats Group wants to buy a 65 percent stake for $250 million.
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SkyCity Entertainment cleared to hold South Australia's only casino licence
12 Aug 2025An inquiry was initiated in 2022 amid concerns the Adelaide establishment had been lax in policing anti-money laundering rules.
Business headlines with summaries.
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How much money do you need to be happy?
12 Aug 2025Probably less than you think, a new study has found. Audio
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Controversial mine fast-track bid rejected
12 Aug 2025The Te Kuha project has raised environmental concerns and had already been rejected multiple times by the courts.
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Restaurant Association concerned many hospo positions left off list of new visas
12 Aug 2025The Restaurant Association is concerned about workforce shortages after many of its jobs were left off the list of new visas. Audio
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One in five businesses reporting losses
12 Aug 2025Economists say the situation may become worse before it improves.
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Government urged to provide subsidies to replace gas heaters
A subsidy scheme for homeowners to replace gas and inefficient heaters with heat pumps would save the country $1.5 billion a year, the Green Building Council says. Audio
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Spark to sell 75% stake in data centre to Pacific Equity Partners
12 Aug 2025Telecommunications company Spark is selling a 75 percent stake in its data centre business for $705 million.
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Truckometer data shows economy trying to shift out of low gear
12 Aug 2025The economy is trying to shift out of low gear, as a key production indicator posted gains last month.
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PGG Wrightson more than triples its full year profit
12 Aug 2025The rebound in export prices, improved farmer confidence and spending drove an improvement in PGG Wrightson sales and profits.
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Economy to pick up despite high inflation and unemployment, experts say
12 Aug 2025Economists from Westpac Bank are also predicting the Reserve Bank is close to ending interest rate cuts.
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Industrial gas users hobbled by falling supply, rising prices
12 Aug 2025Businesses relying on gas for manufacturing and processing are facing crisis with jobs, services and their future on the line, according to a survey.
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ANZ cuts home loan rate, predictions others will follow
The country's biggest bank said it would cut its one-year fixed rate special by 16 basis points to 4.79 percent.
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Co-operative Bank replacing system, looks to take on big four
11 Aug 2025It chose UK-based 10x Banking to lead the replacement of the system.
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KiwiSavers may be missing out on crypto currency returns, firm says
11 Aug 2025Swyftx says many advisors are reluctant to recommend crypto currencies to clients.
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How many home loan applications are turned down - and why?
11 Aug 2025Only a small number of people applying for home loans are being turned away - and usually there is a way to get them across the line in future.
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Construction sector remains confident despite economic pressures, survey finds
11 Aug 2025The survey included responses from 205 mid-to-large New Zealand construction businesses.
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Grocery supplier costs rising faster as global prices soar
11 Aug 2025More than 3000 products increased in cost in July over June.
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Couple get refund for Tesla that couldn't drive itself
9 Aug 2025A couple has won a refund after their new Tesla failed to "drive like a robot" as the salesman promised.
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What happens if my partner dies without a will? - Ask Susan
9 Aug 2025RNZ money correspondent Susan Edmunds answers your questions.
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Long-term investment is guaranteed Lotto 'win'
8 Aug 2025The odds of winning Lotto First Division are about one-in-3.84 million and Powerball is even less likely. Audio
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How much is a bathroom really worth?
8 Aug 2025If you're trying to get ready alongside your spouse and kids, you might think "quite a lot".
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Coloured blocks on your CV - and other job-hunting mistakes
8 Aug 2025Recruitment experts point out some common mistakes you might be making. Audio
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The big investment winners even experts missed
8 Aug 2025Wish you'd sunk a few dollars into Bitcoin or Apple? You're not alone...
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NZ on Air fund reality TV - did they put their money in the right place?
8 Aug 2025NZ On Air has announced close to $2.8 million of taxpayer money is slated for local productions Celebrity Treasure Island and The Traitors NZ - a first for the competitive reality series.
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Infratil, NZ Super Fund to sell RetireAustralia for $925m
8 Aug 2025The global real estate investment business, Invesco, is the buyer with Infratil expecting proceeds of about $328m for its 50 percent stake.
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