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Business headlines with summaries.
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Fletcher Building announces hundreds of millions more in restructuring costs
24 Jun 2025Fletcher Building has announced hundreds of millions of dollars of new restructuring and impairment costs, and continued a suspension of its dividend as it focuses on paying down debt.
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Have we escaped petrol 'double whammy'?
24 Jun 2025There had been warnings that any disruption to international oil supplies as a result of tensions in the Middle East could push prices up at the pump.
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Free hair cuts a 'win-win' in Auckland CBD
23 Jun 2025"We get barber shops calling us up all the time for barber students" Audio
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Employment confidence levels remain low
24 Jun 2025A perceived lack of job opportunities remains the key concern for New Zealand households.
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Air New Zealand ramps up summer capacity to Australia and Pacific
24 Jun 2025Air New Zealand is ramping up capacity on trans-Tasman and Pacific flights for the peak summer travel season in response to demand and aircraft returning to service.
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What US attacks on Iran mean for KiwiSaver, petrol prices
The US involvement in the conflict between Israel and Iran means global economic uncertainty is even higher than before, say economists. Audio
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Retirement villages operating on razor thin margins
23 Jun 2025A report covering a 25-year period shows the payback period for village apartments can be over 20 years.
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Was this last major bank interest rate cut for a while?
23 Jun 2025Experts are split on whether banks will cut interests rates again over concerns for escalating global risks.
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Southland industrial park to be linked with new inland port
23 Jun 2025The privately funded projects have been costed to eventually cost as much as $5 billion.
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Economies face a potential war shock: Surging oil prices
Oil prices are likely to depend on whether Iran's parliament decides to block the Strait of Hormuz, a key trade route that accounts for 20 percent of the world's crude oil. Audio
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NZ share market falls after US strikes on Iran
23 Jun 2025The New Zealand market is the first in the world to open after the US bombing raids on Iranian nuclear facilities.
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Bidders for Northern Expressway public private partnership revealed
22 Jun 2025Three bidders have been confirmed for the extension from Warkworth to Te Hana.
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What's going on with Briscoes shares?
22 Jun 2025The price lifted from less than $5 at the start of the month to $6.19 this week.
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Feeling stressed? Cuddle a cow, says dairy farm
Proceeds from the bovine bonding help fund a nearby wildlife preserve.
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Opponents of Central Otago goldmine ramp up campaign
19 Jun 2025Santana Minerals estimates it could extract gold worth $4.4 billion from the site between Bendigo and Ophir.
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Quarter of homes rely on government to keep roof over head
19 Jun 2025One economist says it's a clear sign that a more cohesive housing strategy is needed.
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GDP grows by 0.8% in first quarter of year
The economy grew relatively strongly at the start of the year, however, there are signs it's losing momentum.
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Trump on US Fed: 'Am I allowed to appoint myself?'
19 Jun 2025The US President was commenting as the Fed chair held interest rates steady for a fourth consecutive time despite Trump's wishes.
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House prices to be '20% lower in 2030s than 2021' - forecast
19 Jun 2025The housing market is picking up in activity but values are still flat, and that is likely to be the case for some time yet.
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Bali flights resume after volcano eruption
19 Jun 2025Indonesian authorities said ash was fired up to 11km into the atmosphere.
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NZ's major power companies join forces to improve energy security
19 Jun 2025The companies said they were trying to avoid a repeat of last year's power supply scare.
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'Very extensively damaged': Auckland supermarket ruins back in owners' hands
18 Jun 2025Foodstuffs North Island's head of property says the pathway to re-opening is unclear.
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One-year home loan rate falls - but should you take it?
Another bank has cut its one-year fixed term rate to 4.89 percent, the lowest advertised rate in the market.
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IRD finds $45m of undeclared tax in horticulture industry
A spokesperson said they were seeing concerning practices in the sector, that included people being paid under the table.
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