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Business headlines with summaries.
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Masterton rocked by possible closure of local Hansells plant
12 Apr 2025The iconic Kiwi food products business has gone into receivership, with about 100 jobs on the line.
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US stocks, dollar drop on lingering tariff worries, a day after relief rally
Markets have been roiled since Trump's announcement of sweeping tariffs late on April 2.
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Manufacturing sector holding its own despite slowdown
11 Apr 2025The biggest risk to the manufacturing sector is the outlook for demand amid global volatility, according to BNZ's senior economist.
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Air Chathams may pull Whakatāne route
11 Apr 2025Air Chathams needs support from Whakatāne District Council and the community if is to continue providing flights to the Eastern Bay.
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'Stabbed in the back': Union on Woolworths restructure, store closures
11 Apr 2025The union for supermarket staff say some workers feel like they are "being stabbed in the back" as Woolworths moves ahead with a restructure. Audio
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Will tariffs lead to the rise of Temu?
11 Apr 2025Experts suggest surplus stock could see online retail giants like Temu and Shein stepping up their activity in New Zealand.
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Woolworths confirms restructure, closes two stores
10 Apr 2025Workers First Union, which represents some Woolworths staff, says it would mean the loss of income for thousands of workers.
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EBOS buys SVS Veterinary Supplies, looks to raise up to $275 million
11 Apr 2025EBOS - the animal and health care company behind well-known pet shop Animates - is raising up to $275 million to buy 100 percent of New Zealand's SVS Veterinary Supplies.
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NZX-50 up 3.3% at end of day in best session since 2020
10 Apr 2025The New Zealand share market joined the global relief rally in response to the US pausing of hefty tariffs.
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Wood, hemp sectors want to join wool in new government construction rules
Other sectors are disappointed they have so far missed out on the government's boost for the wool sector.
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Kiwi travellers look further afield for holidays
13 Apr 2025New Asian destinations, where the New Zealand dollar is strong, have increased in popularity.
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Why Easter eggs might cost more this year
11 Apr 2025In 2012, a Cadbury egg with chocolate bars was $10.99. How does that compare to this week?
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When will fixed home loan rates move?
Banks have shifted their floating rates in response to this week's official cash rate cut, but borrowers may have a little longer to wait before fixed rates move. Audio
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Trump tells investors to 'buy' hours before tariff pause
10 Apr 2025The president posted on his Truth Socal hours before his reversal.
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NZ shares surge as Trump tariff pause lifts markets
10 Apr 2025Meanwhile, New Zealand officials are scrambling to figure out what the 90-day pause means, while China still faces a 125% tariff. Audio
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Inland Revenue calls in debt collector Baycorp in crackdown
10 Apr 2025If you owe money to Inland Revenue, you might soon be contacted by Baycorp, chasing it.
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Stocks spring higher, dollar gains as Trump announces tariff pause excluding China
10 Apr 2025The US dollar - which had been lower earlier - strengthened against the yen and other currencies after Trump's announcement. Audio
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Kmart coffee cups recalled over 'risk of serious injury'
10 Apr 2025The coffee cups pose a risk of hot liquid injuries or steam burns and one person has already been injured.
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First banks move in response to OCR
As widely expected and signalled, the rate was cut by 25bps, to 3.5 percent.
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From unemployed to self-employed: the thriving workforce
10 Apr 2025About 63 percent of people who became sole traders in the past two years said unemployment or underemployment played a role in their decision to go solo.
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'Hands on each other's throats': China, US tariff war will be felt by NZ exporters - expert
9 Apr 2025Donald Trump's 104 percent tariff on China has come into effect. Audio
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Protecting KiwiSavers from 'tweets, tantrums, and tariffs'
Some fund managers had already shifted some of their growth fund investments into more defensive assets, before Trump's tariff turmoil hit.
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Trump’s massive ‘reciprocal’ tariffs are now in place, upending global trade
Analysis: The Trump administration has piled on heaps of new "reciprocal" tariffs on dozens of American allies and adversaries alike, who are now all set to pay a steep price for the plan.
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Reserve Bank cuts official cash rate to 3.5 percent
9 Apr 2025The central bank said the economy was facing headwinds, but inflation was contained and there were signs of growth.
