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Monthly Archives: August 2024

Forest product company to shut entire operation as result of energy prices

August 20, 2024 by RNZ Business Headlines

Earlier this month, Winstone Pulp International paused work at its two sites to consider its future.

Posted in News, RNZ business.

Half of population saving for retirement despite cost-of-living crisis

August 20, 2024 by RNZ Business Headlines

New research found more than half of people describe their financial position as “uncomfortable”, with women feeling it worse.

Posted in News, RNZ business.

Property investors ‘will be back in the hunt’ as market conditions improve

August 20, 2024 by RNZ Business Headlines

Property investors will switch from being the “hunted” to the “hunters” as conditions improve for them, Kiwibank says.

Posted in News, RNZ business.

Tiwai Point smelter agrees to further cut in energy use

August 20, 2024 by RNZ Business Headlines

The decision is aimed at helping to ease the country’s energy supply constraints.

Posted in News, RNZ business.

ComCom report: Willis adamant she wants ‘action’ on banking sector reforms

August 20, 2024 by RNZ Business Headlines

The Finance Minister says she’s expecting “action” on the Commerce Commission’s recommendations for the banking sector.

Posted in News, RNZ business.

Fletcher Building appoints ‘industry veteran’ as new chief executive

August 20, 2024 by RNZ Business Headlines

The troubled building products and construction firm made the appointment after a six month search.

Posted in News, RNZ business.

Mercury Energy more than doubles full-year profit

August 20, 2024 by RNZ Business Headlines

Operating earnings improved thanks to high wholesale electricity prices and changes in the value of unhedged financial assets.

Posted in News, RNZ business.

Small businesses resist using digital payment systems despite customer demand

August 20, 2024 by RNZ Business Headlines

Only 17 percent of small businesses offer digital payment methods such as Apple Pay and Google Pay, Xero says.

Posted in News, RNZ business.

Number of sheep in New Zealand falls to 23 million

August 20, 2024 by RNZ Business Headlines

It’s a continuation of a trend that has seen sheep numbers dropping for the last decade.

Posted in News, RNZ business.

Commerce Commission calls for beefed up Kiwibank and open banking in final report

August 20, 2024 by RNZ Business Headlines

The commission has revealed its eagerly awaited final report into bank competition and wants rules eased.

Posted in News, RNZ business.
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