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Business headlines with summaries.
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Community 'in shock' as industrial park greenlit
17 Jul 2025"People took the assumption that it was so ridiculous that it was never going to happen," one critic says.
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Markets turn volatile after reports Trump considered firing Fed chair Powell
17 Jul 2025US Treasury two-year yields dropped sharply after a report the US President is likely to axe the Federal Reserve chairperson soon.
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Class action against two major banks offers to settle for $300m
16 Jul 2025The case involves more than 150,000 customers who were impacted by overcharging of fees and interest.
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Big electricity retailers forced to lower off-peak power prices
16 Jul 2025The Electricity Authority has announced new rules for the retailers.
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What would happen if a KiwiSaver provider failed?
16 Jul 2025NZ's KiwiSaver schemes have different protections for members, which should prevent the kind of investment losses seen after the failure of a Australian superannuation provider.
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Woman found she was added to husband's loan when asked to repay it
16 Jul 2025The woman was one of 1469 complaints to Financial Services Complaints Ltd in the year to 30 June.
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What makes a bull worth $161,000?
The bidder who smashed a national price record at the recent Angus bull sales says his purchase is "beautifully put together".
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Storm damage closes Tasman's Great Taste trail again
16 Jul 2025The popular biking trail is a lifeline for the local economy, bringing in $34m annually.
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Building industry hopes for eventual upturn
16 Jul 2025Conditions in the building industry are still tight, new research says, but there are hopes it has hit the bottom.
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'It really is hard for older job seekers to find work at the moment'
15 Jul 2025Dozens of people are signing up to a job site for older workers, with more noticeably struggling to find jobs over the past nine months. Audio
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Queenstown hotel fined $22,000 for breaches under Fisheries Act
15 Jul 2025The Rees Hotel was fined for illegally selling recreationally caught crayfish and failing to keep records. Audio
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Former Reserve Bank boss Orr joins Cook Islands Super board
15 Jul 2025Adrian Orr previously headed the NZ Super for more than a decade.
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Banking and investment behaviour faces change as population ages
15 Jul 2025The central bank said the financial industry needs to understand and get prepared for what may be complex, long term changes, that may also increase risks to the financial system.
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KiwiRail bans 2500 workers from using sleep meds citing safety concerns
15 Jul 2025The company's chief medical officer says melatonin and Zopiclone are not compatible with safety critical work.
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Health insurance crunch prompts call for tax break
A third of New Zealanders have health insurance and another 27 percent say they previously had it but no longer do. Audio
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Auckland sees drop in house prices
15 Jul 2025Despite, the national median house price staying steady year-on-year at $770,000.
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A slice of Italy in Dunedin's St Clair
15 Jul 2025A seaside suburb is becoming a haven for Italian expats and foodies alike.
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Former IRD employee loses ERA claim following comments about free period products
15 Jul 2025The Employment Relations Authority found Inland Revenue's policy to provide products in male and female bathrooms did not disadvantage Christine Massof.
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Where Auckland has fallen behind its peers
15 Jul 2025And why it risks falling even further behind similar cities around the world, according to a new report. Audio
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Is it worth paying a real estate agent to sell your house?
You might pay a real estate agent $30,000 by the time it's all over. So what do you get? Audio
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HelloFresh pleads guilty to misleading behaviour
15 Jul 2025Meal-kit provider HelloFresh has pleaded guilty to misleading behaviour under the Fair Trading Act.
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Foodstuffs North Island taken to court over alleged 'cartel conduct'
15 Jul 2025The Commerce Commission said the supermarket chain did not deal with the supplier in good faith. Audio
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Tasman communities hit by growing trees not slash - forestry industry leader
Residents across the Tasman region say forestry slash has exacerbated flood damage. Audio
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European markets drop after Trump's latest tariff warning
14 Jul 2025European markets have mostly fallen today after Donald Trump's latest trade war salvos saw him threaten to hit the European Union and Mexico with 30 percent tariffs.
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