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Business headlines with summaries.
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Meridian Energy, Nova Energy combine to build solar farm
20 Dec 2024The Te Ruahi solar farm near Taupō will bring power to more than 100,000 customers.
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Contact's proposed $2 billion takeover of Manawa Energy delayed
20 Dec 2024The Commerce Commission said it will put out a statement of issues on the proposed merger.
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How much do investors drive house prices?
20 Dec 2024Investors are often driven by an expectation of capital gain - meaning they might overvalue a house, researcher says.
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Users of hacked crypto firm get millions back
20 Dec 2024Cryptopia account holders have received $400 million worth of cryptocurrency from liquidators, more than four years after the firm was hacked and put in liquidation.
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The most common injuries at Christmas
20 Dec 2024Be careful carving your ham and take it easy hanging up festive decor. Audio
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Hard-hit industries hopeful despite unsurprising GDP figures
20 Dec 2024The construction sector said the figures confirmed what it already knew: that times were tough. Audio
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The 'fruit of the year' revealed
20 Dec 2024Which fruits and vegetables are Kiwis buying this Christmas? Audio
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Consumer confidence up, despite recession
20 Dec 2024Consumer confidence has returned to optimism for the first time in more than three years.
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McDonald's responds to Wānaka restaurant critics
19 Dec 2024A lawyer for the fast-food chain says it will reduce its opening hours from 6am-11pm and make its sign smaller.
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NZ back in recession - but it may not all be bad
Bad news for the economy could mean good news for homeowners in the new year.
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Economy in recession after big drop in GDP
19 Dec 2024The economy has had its worst six months since 1991, outside the pandemic, with two quarters of significant drops.
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Not a single prosecution despite SFO's focus on foreign bribery
19 Dec 2024The Serious Fraud Office says it is steadfast in its commitment to tackle foreign bribery, but it has not resulted in a single prosecution.
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Businesses remain upbeat despite slight dip in confidence
19 Dec 2024Firms report a lift in sales and expectations of further improvement.
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NZ almost last in global economic comparison
Only Finland, Latvia, Turkey and Estonia did worse in the 2024 rankings of OECD countries.
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190 workers may lose visas as company folds amid migrant exploitation probe
19 Dec 2024Some 190 workers - mostly migrants on work visas - are set to lose their jobs as Prolink NZ goes into liquidation.
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Commerce Commission looks to deregulate some fibre services
19 Dec 2024It is considering deregulating four of the seven fibre services where there's sufficient competition, including voice and transport services provided in all fibre areas.
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Air New Zealand enables Apple Find My feature for lost luggage
19 Dec 2024Air NZ travellers who place an AirTag or other Apple device in their bag can now use the app to share its location with customer services.
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One NZ begins rollout of long-awaited satellite text services
19 Dec 2024But it is available to selected custormers first with eligible phones.
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Restaurant and cafe sales down
19 Dec 2024Customers are still tightening discretionary spending, the Restaurant Association says.
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Company director escapes jail in NZ's first criminal cartel case
18 Dec 2024The judge said Max Kumar's conduct was a "deliberate and concerted strategy to rig bids for financial gain".
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Jandals won't stop your insurance claim, but other things might
18 Dec 2024Be careful leaving your keys on the beach.
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Businesses still positive despite Wynyard bridge 'teething issues'
18 Dec 2024Those on Auckland's waterfront say they are cautiously optimistic about Wynyard Crossing Bridge being operational again.
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Commerce Commission looks to clamp down on card payment fees
18 Dec 2024The commission said some businesses set their surcharges higher than the actual fees they were paying.
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Accredited Employer Work Visa changes welcomed by employers
18 Dec 2024Removing the median wage requirement from the Accredited Employer Work Visa will make it much easier and affordable for businesses to fill skilled and unskilled roles, say employers.
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