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Business headlines with summaries.
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Dairy price dip won't last long - expert
Dairy prices fell for the fourth consecutive auction overnight, with the average price down more than 4 percent to US$4274.
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Datacom posts $37m profit - bets big on AI
2 Jul 2025CEO Greg Davidson said Datacom was using AI to write new code cheaper and quicker.
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NZ firm sets sights on UK, US law enforcement agencies
2 Jul 2025What is claimed as a first-of-its-kind workplace performance service from New Zealand is gaining global attention from law enforcement and defence agencies.
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Pensioners pinching pennies to pay for power
2 Jul 2025They're turning off hot water cylinders for days, heading to bed as soon as it is dark and eating tinned food cold to keep the lights on, Age Concern says. Audio
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Qantas hit by 'significant' cyber attack
2 Jul 2025Up to six million customers may have had their data stolen.
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Russian seizures and growing debt see Airwork Group go into receivership
2 Jul 2025The freight carrier lost five of its six 757s in Russia after the country invaded Ukraine and has now entered receivership.
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Taxpayer funded satellite likely lost in space
2 Jul 2025A methane-tracking satellite which was given $29 million by the government has lost contact with the ground.
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Woolworths recalls beef mince over potential plastic contamination
2 Jul 2025The products were sold in the North Island.
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Oyster farmers' 7-year battle with Watercare
2 Jul 2025A group of oyster farmers in the north of Auckland have reached their breaking point over sewage overflow and want the government to intervene. Audio
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Foodstuffs North Island warned over likely breach of grocery competition law
2 Jul 2025"I'm concerned that this follows a pattern of behaviour that has been present in the industry for decades," the Commissioner says.
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Former Reserve Bank acting governor appointed to its board
Finance Minister Nicola Willis has approved the appointment of Grant Spencer for a five-year term to fill one of two vacancies.
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Waikato River's water flow increased ahead of heavy rainfall
Releasing water into the river creates additional capacity within the region's hydroelectric system.
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Union warns against meat self-inspection plans
A union says potential plans to privatise New Zealand's meat inspection service could put food quality and safety at risk.
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Iconic Jaffas to be discontinued for good
1 Jul 2025Jaffas' parent company RJ's Confectionery says it's sad to say goodbye.
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Hawke's Bay business burgled six times in two months
1 Jul 2025The mobile coffee car and bike repair service owner says he has recovered one of 11 bikes stolen. Audio
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Revealed: How much supermarket prices have gone up since 2022
1 Jul 2025Over the last three years, Checkpoint has been tracking a weekly shop from the same suburb at a Woolworths and PAK'nSAVE supermarket. Audio
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Concerns about energy security prompt hunt for more power
Genesis Energy says it is "actively exploring" new generation for the Huntly Power Station amid concerns about the country's energy security.
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Warm weather cools Warehouse Group's profits
1 Jul 2025The retailer was forced into heavy discounting after a delayed start to winter ruined sales.
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Financial hardship cases rise
1 Jul 2025Hardship cases rose more than 14 percent to 15,000 - with just under half related to mortgages - but households are generally staying on top of debt.
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Employer sentenced over visa lies, exploiting Thai worker
30 Jun 2025Immigration NZ says Ava Young falsely supported the woman's visitor visa, then charged her about $7500, and forced her to work in the sex industry to pay it off.
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Business confidence rises for first time in three months
30 Jun 2025Forward-looking activity indicators were looking better as the tariff noise subsided.
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Kinleith pulp and paper mill falls silent
30 Jun 2025The Kinleith pulp and paper mill in South Waikato was opened by Prime Minister Sidney Holland in 1954.
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Can you turn off generative AI?
29 Jun 2025Generative AI is increasingly entering our lives, as big tech companies make them the default.
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'We're more likely to click first and think later' when multi-tasking - BNZ survey
30 Jun 2025Multi-tasking while responding to texts, emails or other notifications increases the risk of being scammed.
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