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Can New Zealand economy recover if house prices don't?
New Zealand's economy is expected to continue to slowly recover this year.
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BMW orders worldwide car recall over fire risk
11:05 am todaySome 337,000 cars covering five different models are potentially affected by the safety issue.
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Aussie loses $100k deposit to banking rules - could it happen here?
10:08 am todayAn Australian house buyer lost more than A$100,000 because he was two days' late with his deposit payment.
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Warner Bros signs US$110b deal with Paramount
9:55 am todayThe agreement caps a bidding war after Netflix declined to match Paramount's latest US$31-per-share (NZ$51.63) offer.
Business headlines with summaries.
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New gift card rules clarified
27 Feb 2026From 16 March, gift cards have to have a minimum expiry time of three years.
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Have benefit sanctions actually worked?
One economist says no - largely because of a major economic problem.
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Government science agency formed in July to cut 134 jobs
27 Feb 2026The downsizing comes after several agencies earlier cut 152 jobs and were merged to create the Bioeconomy Science Institute.
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Netflix backs away from its offer to buy Warner Bros
27 Feb 2026It says the deal is no longer financially attractive after Paramount Skydance revised its offer for the coveted Hollywood studio.
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Kiwirail triples its half-year earnings as demand rises
27 Feb 2026The state-owned rail operator's operating surplus for the six months ended December was $73.4 million compared to $25.8m a year ago.
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'I was going to die': The rise in KiwiSaver withdrawals for overseas surgeries
Biddy Tai Ahmu says she would never been able to have the operation if she couldn't tap into the fund. Audio
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Port of Tauranga delivers $70.2 million half-year profit
27 Feb 2026Higher cargo volumes driven by a rebound in imports have delivered a strong half-year profit for the country's biggest port.
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Retirement village operator reports record underlying profit
27 Feb 2026Summerset chief executive Scott Scoullar said the company's strategy continued to deliver results, with underlying profit growth, strong sales and the company meeting its build targets.
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Consumer confidence drops again after four-year high
27 Feb 2026It gave up much of its recent gains with higher fixed mortgage rates and stubborn inflation weighing on sentiment, ANZ's Sharon Zollner says.
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Housing market confidence continues to improve
However, house price growth is expected to remain subdued, a new report says.
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Warner Bros' TV decline puts pressure on Netflix deal
27 Feb 2026Warner Bros Discovery has heaped an additional burden on Netflix's $138 billion bid for the movie studio and HBO.
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Air NZ CEO says airline dealt 'tough cards' as Seymour questions priorities
26 Feb 2026This comes after Deputy Prime Minister David Seymour earlier renewed his call for the government to sell its 51 percent stake in Air New Zealand after it reported a significant half-year loss. Audio
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Another bank cuts rates, but should you take them?
26 Feb 2026BNZ has adjusted down its long-term rates, but borrowers deciding whether to take a longer term will need to weigh up a few factors.
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Defence Force to test drones from NZ company
26 Feb 2026The government said the trial of the combat-proven tech would strengthen capability while growing local industry.
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ANZ headline business confidence down amid rising interest rates
26 Feb 2026The ANZ bank's February survey showed headline confidence falling five points to a net 59 percent optimism level, but the measure of firms' own business performance edged higher.
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Perpetual Guardian purchases Trustees Executors for undisclosed sum
26 Feb 2026The companies are the oldest trustee institutions in the New Zealand, with histories stretching back more than 140 years.
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Why betting on online prediction markets is now illegal
26 Feb 2026Explainer - What to know about New Zealand's crackdown on betting on the future. Audio
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Fizz goes out of the beer industry as consumption keeps falling
26 Feb 2026Younger adults aren't drinking as much, the Brewers Association says. Audio
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What apartment developers think will help with affordability
26 Feb 2026Apartment developer Ockham, says the council's Plan Change 120 would not meaningfully increase housing supply or affordability. Audio
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Air NZ slumps to half-year loss as severe disruptions bite
26 Feb 2026The airline posted a bottom-line loss of $40m in the six months ended December 2025.
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Tech company Nvidia posts $113 billion revenue as AI boom rolls on
26 Feb 2026Nvidia has reported blockbuster quarterly results that blew past Wall Street expectations, as insatiable demand for its artificial intelligence chips showed no sign of cooling.
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Sky TV trumpets major turnaround with $52.4m half-year profit
26 Feb 2026The result marks "an important step forward for Sky", its chief executive says.
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Is it fair that prices rise as power companies bank profits?
26 Feb 2026Consumer NZ is asking how it is fair that power prices are rising at the same time as power companies are reporting large profits. Audio
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Young women being left behind in property market
26 Feb 2026Cotality has released its latest Women and Property report that shows, while both men and women value home ownership, there's a gender gap when it comes to ownership rates.
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