New Zealand Business News

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Latest News
  • Three unions of four ready to strike deal with NZ Bus

    Three unions of four ready to strike deal with NZ Bus

    Sun, 08th Nov

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    It might be time to catch the bus again with signs the wrangle between Auckland bus drivers and their employer is drawing to a close.



Latest Headlines
  • Nigerian man swaps chickens for the elderly

    Nigerian man swaps chickens for the elderly

    Sun, 08th Nov

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    A former Nigerian poultry vet is changing the lives of senior citizens in Southland.

  • Coca Cola to buy Fonterra's milkpowder

    Coca Cola to buy Fonterra's milkpowder

    Sat, 07th Nov

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    Coca-Cola is buying Fonterra milkpowder to mix with fruit juice, whey and coconut in a drink for Chinese consumers sold as Minute Maid Pulpy Super Milky drink.

  • Telecom Q1 profit announcement - extended video

    Telecom Q1 profit announcement - extended video

    Fri, 06th Nov

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    Extended video from the Telecom Q1 profit announcement - November 6 2009.

  • NZ Bus calls for ban on overweight drivers

    NZ Bus calls for ban on overweight drivers

    Sat, 07th Nov

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    The company embroiled in an ongoing wage-war with bus drivers is back in the spotlight, this time calling for a ban on fat drivers.

  • Air NZ poke fun at Harawira and Hide in new campaign

    Air NZ poke fun at Harawira and Hide in new campaign

    Fri, 06th Nov

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    Air New Zealand is promoting its airfares by taking the mickey out of two MPs who are in the headlines for their travel perks.

  • International visitors spending more

    International visitors spending more

    Fri, 06th Nov

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    Spending by international visitors in New Zealand increased 1.2 percent to $6.1 billion in the year to September 2009, Ministry of Tourism data shows.




  • Xero half year revenues up 282 pct

    Fri, 06th Nov

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    Accounting software company Xero reported half year revenues up 282 percent to $1.27 million.

  • Nuplex full year operating profit up as much as 78 pct

    Nuplex full year operating profit up as much as 78 pct

    Fri, 06th Nov

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    Resins and chemicals maker Nuplex says full year operating profit after tax could rise by up to 78 percent, while it is also considering whether to remain based in this country.

  • Kiwi Income Property Trust lifts distributable profit

    Kiwi Income Property Trust lifts distributable profit

    Fri, 06th Nov

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    Kiwi Income Property Trust lifted half year distributable profit 3.9 percent to $29.9 million, as total revenue grew 6.9 percent to $95.5 million.

  • EUFA weigh into financial advisory row

    EUFA weigh into financial advisory row

    Fri, 06th Nov

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    Consumer New Zealand believes regulations on financial advisers are too little too late.

  • Stocks jump as jobs, productivity data boost mood

    Stocks jump as jobs, productivity data boost mood

    Fri, 06th Nov

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    A drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors new reason to be optimistic about the economy and sent stocks to big gains.

  • XT boosts telecom, but most other revenue lines down

    XT boosts telecom, but most other revenue lines down

    Fri, 06th Nov

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    Telecom's first quarter revenues received a boost from the new XT mobile network, but not enough to counter falls in most other revenue lines.

  • Investor confidence recovers but risk appetite mixed

    Investor confidence recovers but risk appetite mixed

    Fri, 06th Nov

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    Investor confidence has soared in ASB's latest quarterly investor confidence survey, but it is less clear if an appetite for risk has returned.

  • Consumer survey of financial advisors produces shocking results

    Consumer survey of financial advisors produces shocking results

    Fri, 06th Nov

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    Deborah Carlyon joins Michael Wilson to discuss the result

  • Investor confidence hits two year high

    Investor confidence hits two year high

    Fri, 06th Nov

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    ASB Chief Economist Nick Tuffley talks to Michael Wilson about the latest figures and his thoughts on the rise in unemployment.

  • Value of student loans goes down

    Value of student loans goes down

    Thu, 05th Nov

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    While student loan borrowing increased by billions of dollars in recent years, the value of the loans to the Government has remained static, a report released today said.

  • Guy Fawkes imports down 40 percent

    Guy Fawkes imports down 40 percent

    Thu, 05th Nov

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    Tonight is Guy Fawkes Night, but its appeal appears to be waning.

  • Consumer NZ says financial advice regulations not enough

    Consumer NZ says financial advice regulations not enough

    Thu, 05th Nov

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    Consumer New Zealand is worried new government regulations for financial advisers won't go nearly far enough.

  • Detroit sees green future

    Detroit sees green future

    Fri, 06th Nov

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    Starting next year, European and American consumers will see an array of new hybrid electric vehicles hitting the road - but not all of the new concepts are coming from the big three.

  • Toyota surprises with Q2 profit

    Toyota surprises with Q2 profit

    Fri, 06th Nov

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    World No.1 Toyota reported a surprise quarterly profit and slashed its annual loss forecast by more than half, as cost-cutting put it on the track towards recovery.

  • Strong start by NZ sharemarket

    Strong start by NZ sharemarket

    Fri, 06th Nov

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    The New Zealand sharemarket started strongly after stocks jumped in the United States and Europe as better-than-expected US jobs data improved investor confidence.

  • ComCom sues Telecom over loyalty offers

    ComCom sues Telecom over loyalty offers

    Fri, 06th Nov

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    The Commerce Commission says it is issuing proceedings relating to three separate loyalty offers made by Telecom's Wholesale business unit.

  • Plane evacuated after spill of hazardous substance spill

    Plane evacuated after spill of hazardous substance spill

    Fri, 06th Nov

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    Passengers on a Christchurch-bound Air New Zealand 737 flight were evacuated today after a hazardous substance spill.

  • NZ dollar fails to gain on strong US equities

    NZ dollar fails to gain on strong US equities

    Fri, 06th Nov

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    The New Zealand dollar bounced around overnight, failing to make gains as equities rose strongly in Europe and the United States.

  • NZ family claims world's first vanilla harvest grown outside the tropics

    NZ family claims world's first vanilla harvest grown outside the tropics

    Fri, 06th Nov

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    They said it could not be grown in New Zealand, and now a Tauranga family has proved the cynics wrong.

  • Goodman Property Trust announces $13.2m half-year profit

    Goodman Property Trust announces $13.2m half-year profit

    Fri, 06th Nov

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    Chief Executive John Dakin joins Michael Wilson to discuss the latest result

  • Guy Fawkes is safer but is it still fun?

    Guy Fawkes is safer but is it still fun?

    Thu, 05th Nov

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    Guy Fawkes is still the busiest night of the year for the fire service, police, ambulance and hospital staff.

  • Hollywood star retreat up for sale in Northland

    Hollywood star retreat up for sale in Northland

    Thu, 05th Nov

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    One of New Zealand's most exclusive luxury resorts, Eagles Nest, is up for sale in Russell, Northland.

  • Nearly 1000 miners strike in solidarity

    Nearly 1000 miners strike in solidarity

    Thu, 05th Nov

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    Four mines and nearly 1000 miners are now involved in a stand-off against Solid Energy.