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Business headlines with summaries.
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House prices almost 10 times median wage
9 Oct 2024Nationally, overall median house prices fell by 0.6 percent.
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Landlord fails in bid to evict 80-year-old tenant over $5000 unpaid rent
8 Oct 2024Life is tough for many pensioners, particularly those paying rent, financial mentors say.
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More than 40 percent of employees worried about job security, survey shows
9 Oct 2024Employers are checking in with staff about their mental health as a growing number report feeling more concerned about job security.
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Cash-handling merger that would create monopoly given go-ahead
8 Oct 2024The Commerce Commission has cleared Evergreen - which runs Armourguard Security - to take over rival ACM, a part of the Linfox Armaguard Group.
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Kiwibank cuts floating home loan rates to 7.75%
9 Oct 2024The move comes as the Reserve Bank updates its official cash rate on Wednesday, with calls for it to drop by 50 basis points to 4.75%.
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Offshore wind company doubles-down on opposition to seabed mining
8 Oct 2024But the company proposing to mine the Taranaki seabed says they were there first.
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How Middle East war could derail global economy
8 Oct 2024Analysis: A day after oil prices surged, US president Joe Biden warned Israel against strikes on Iran's oil facilities for good reason - any attack could ignite another bout of inflation, and possibly…
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OCR cut alone won't drive up house prices
8 Oct 2024While dropping mortgage interest rates might boost the market a bit, they're not the whole story. Audio
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TVNZ seeks to buy new technology to help it sell more ads
8 Oct 2024The aim is to boost advertising on TVNZ's linear and on-demand platforms.
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Planning to downsize your home? Not so fast
It's harder to downsize than many New Zealanders expect. Audio
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What is Amazon Prime Day? Will we ever get Amazon in NZ?
8 Oct 2024As Americans go berserk over Prime Day sales, will New Zealand ever get an Amazon warehouse?
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Mainfreight beats revenue expectations
8 Oct 2024The company said the second half of the calendar year was better than last year, with volumes and shipments up across all its divisions.
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Too good to be true? Study shows people are wary of freebies
8 Oct 2024Research participants who were offered a free cookie plus payment thought maybe the cookies were poisoned
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Do Australians get a better mortgage deal?
Do Australians get a better deal on their mortgage rates?
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How did TVNZ end up shrinking?
7 Oct 2024Analysis - Mediawatch looks at the background to the state broadcaster reducing scope and scale and asks if the scrapped media merger was a missed opportunity.
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Sharesies launches new US500 fund for KiwiSaver members
8 Oct 2024Sharesies is offering its KiwiSaver members the opportunity to invest in individual US stocks, or via a new US500 fund - but there's a warning they need to take care doing their own stock-picking for…
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'Better outcomes for customers'- FMA targets insurers and banks
8 Oct 2024More banks and insurers could face court proceedings and possible penalties for misleading and overcharging customers.
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'There's still a lot of pain out there' - NZ economy remains chilly
8 Oct 2024Most of the country has been in the grip of an economic cold snap, but warmer conditions may be coming, according to a Westpac bank report.
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'Economy is cratering': Call for 1.5 percent OCR cut by Christmas
7 Oct 2024Greg Smith of Devon Funds said it was not what he thought the Reserve Bank would do, but what it should do, given the state of the economy.
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AA Insurance fined over misleading no-claims bonus offer
7 Oct 2024AA Insurance has been ordered to pay a multimillion-dollar penalty for misleading customers and overcharging them to the tune of $11 million. Audio
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Super-sized OCR cut increasingly likely - economists
7 Oct 2024All the major banks - ANZ, ASB, BNZ, Kiwibank and Westpac - are picking a 50 basis point cut on Wednesday.
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EU's deforestation delay good news for NZ meat sector
The red meat sector has welcomed news the EU is delaying its deforestation regulation by 12 months.
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TVNZ plans to end its 1News website in February
7 Oct 2024That's just one item on a list of proposed changes it presented to staff today as it aims to find $30 million in savings.
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The building report showed a problem - what now?
5 Oct 2024RNZ's money correspondent Susan Edmunds answers your burning money questions.
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