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Monthly Archives: May 2023

House prices being skewed lower by sales churn in the lower value end of the market – QV

May 25, 2023 by RNZ Business Headlines

The value of cheaper houses has fallen more than those at the top rung of the property ladder, as more first time buyers become home owners.

Posted in News, RNZ business.

Cancer diagnostics company posts loss after investment

May 25, 2023 by RNZ Business Headlines

Cancer diagnostics company Pacific Edge has posted a deeper loss as it invested more money to drive growth.

Posted in News, RNZ business.

Damaging weather events leads to loss for Tower insurance

May 25, 2023 by RNZ Business Headlines

A surge in claims for major weather events in New Zealand and Vanuatu has resulted in a first half loss for insurance company Tower.

Posted in News, RNZ business.

Mercury NZ fined for wrongly charging termination fee

May 25, 2023 by RNZ Business Headlines

The electricity retailer changed its termimation fee policy 2016, but was still telling some customers between 2017 and 2020 they were to pay.

Posted in News, RNZ business.

Freight company shows strong results, though trading drops more recently

May 25, 2023 by RNZ Business Headlines

Global transport company Mainfreight has delivered a strong full year result, though its second half fell short of its expectations as international freight congestion eased.

Posted in News, RNZ business.

Few exporting firms majority-owned or led by women – report

May 25, 2023 by RNZ Business Headlines

Only 16 percent of New Zealand’s exporting firms are female-led, according to a new report by economic analysts BERL.

Posted in News, RNZ business.

Can the cash rate hold steady, or will house prices push it up?

May 25, 2023 by RNZ Business Headlines

Despite the Reserve Bank’s signal that inflation is back in its cage, Westpac economists say house prices are about to head up and push the need for another official cash rate rise.

Posted in News, RNZ business.

Early childhood sector says Budget plan to extend subsidy is unworkable

May 25, 2023 by RNZ Business Headlines

Just a week after welcoming the announcement, early childhood groups say new rules attached to the extension of the 20 hours subsidy need a rethink.

Posted in News, RNZ business.

New term begins for Auckland Council’s demographic advisory panels

May 25, 2023 by Auckland city news

Auckland Council’s six demographic advisory panels began a new three-year term this week ensuring there is diverse community input into the future direction of our region.  During the recruitment period in February and March, close to 250 Aucklanders…

Posted in News.

Reducing overflows and protecting local waterways in Bayview and Beach Haven

May 25, 2023 by Auckland city news

Construction is underway on a $22m wastewater pipeline that will reduce the risk of overflows into local waterways like Kaipatiki Creek, improve access and service issues and cater for population growth in the Bayview and Beach Haven areas.
The new 2km…

Posted in News.
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