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Business headlines with summaries.
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Kiwis' economic fortunes set to lift after shaky start to 2025 - Kiwibank
The bank is forecasting a year of two halves - the first being bumpy with glimpses of growth, and an uplift in activity in the second half.
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EV owners hit with big increase in ACC levies
13 Dec 2024As part of a wide range of levy increases that the government has decided to adopt, EV owners will have their ACC levy increase to $109.05 in the next year.
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Iwi-owned seafood processing factory opens in Porirua
11 Dec 2024The Wellington Kaimoana Hub will process seafood products like snapper, blue cod and crayfish for international markets.
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Car dealer accused of listing man's car for sale over a grudge
14 Dec 2024A man who found his Mercedes listed for sale when he had not created the listing says there is a loophole in the Personal Property Securities Register.
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Hairdressers didn't know of rules ACT wants to cut
13 Dec 2024David Seymour is spearheading a review of the hairdressing industry to address what he views as "unnecessary" regulations.
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StatsNZ amending data after overstating Wellington job losses
19 Dec 2024That equated to nearly 20,000 jobs, economist Shamubeel Eaqub's data shows.
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Jetstar spreading its wings with additional trans-Tasman routes
An extra aircraft will land in Christchurch on Sundays and four more trans-Tasman routes are set to launch in the next six months. Audio
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Homes set to face even bigger power price
More needs to be done as consumers face higher power bills over the coming years, a spokesperson for the Electricity Authority admits.
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Huntly power station may switch from coal to biomass
13 Dec 2024Genesis Energy says it could be generating electricity using biomass at its Huntly station in three to four years.
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Food, timber exports up on last year
Export revenue is set to reach $56.9 billion dollars in the year to the end of June 2025, driven by strong dairy prices and rebounding prices for red-meat and logs.
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Industry supportive of government's planned KiwiSaver changes
The government wants to loosen the rules to allow KiwiSaver funds to invest in private assets, housing and infrastructure projects.
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KiwiRail sells ferry for more than double what it paid for it
13 Dec 2024The Valentine was purchased for $9.5 million in September 2022, and sold for $24m a year later.
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Toxic workplaces: 'No job is worth sticking out a terrible manager'
13 Dec 2024The job sounded tempting. Then the shouting and micromanagment began.
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Power crisis cost the economy $300m this year
13 Dec 2024A leading energy analyst estimates this year's power crisis cost the economy $300 million in lost exports. Audio
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Retail hoping for Christmas miracle
13 Dec 2024It's been a tough year for shops, here's how you can help this Christmas.
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How to keep the costs of Christmas down this season
13 Dec 2024The costs of Christmas are already adding up for many of us, so RNZ has some money-saving hacks to help you avoid being in the red this holiday season.
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Investment in big box retail projects expected for Drury
13 Dec 2024Demand for automatic storage and retrieval systems (ASRS) warehouse facilities, which required 20-to-30-metre high structures was driving demand for land in Drury.
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Commerce minister proposes capital market shake-up
The government wants to broaden the range of potential investments for Kiwisaver and make it easier to list on the stock exchange.
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Work party or bonus? What do Kiwis want this Christmas
12 Dec 2024End-of-year celebrations are no longer what they used to be for many New Zealanders. Audio
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Baby toy recalled due to choking hazard
12 Dec 2024A soft ball for babies and young children has been recalled on the basis it poses a choking risk.
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Green investment bank chair resigns amid SolarZero collapse
12 Dec 2024The "green investment bank" has faced questions about its management of its $145m loan to SolarZero, which owner BlackRock put into liquidation late last month.
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Did NZers lose out on failed Hawkcoin?
12 Dec 2024Viral star Hailey Welch, of "hawk tuah" fame, launched a cryptocurrency "memecoin" this month - but then it collapsed.
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How much of a difference have interest rate cuts really made?
12 Dec 2024BNZ's chief economist says the jury is still out, to a large extent.
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The environmental cost of mega data centres
13 Dec 2024Microsoft has unveiled a 'hyperscale' data centre in New Zealand and Amazon is opening one soon. Their work is an energy-hungry undertaking. Audio
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