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Monthly Archives: August 2024

Mercury Energy denies it is to blame for Winstone Pulp International mill closures

August 29, 2024 by RNZ Business Headlines

Ministers have been meeting major energy users to discuss how the government could help businesses struggling due to high wholesale power prices.

Posted in News, RNZ business.

Meridian Energy puts planned green hydrogen facility on standby

August 29, 2024 by RNZ Business Headlines

Meridian chief executive Neal Barclay said the economics of producing green hydrogen at scale had become more challenging.

Posted in News, RNZ business.

Nvidia fails to impress growth-hungry investors, shares fall

August 29, 2024 by RNZ Business Headlines

Investors have driven a dizzying rally in its stock as they bet billions on the future of generative AI.

Posted in News, RNZ business.

Tourism Industry Aotearoa warns hiking international visitor levy could lead to fewer arrivals

August 29, 2024 by RNZ Business Headlines

Hundreds of millions of dollars are at risk if the international visitor levy is hiked to $100, Tourism Industry Aotearoa claims.

Posted in News, RNZ business.

Challenge to Meridian’s claim power bills taking less of household spending

August 29, 2024 by RNZ Business Headlines

The chief executive says Minister Shane Jones is wrong and they’ve been investing in business despite paying out millions in dividends.

Posted in News, RNZ business.

What do New Zealand’s influencers really earn?

August 29, 2024 by RNZ Business Headlines

New data shows they’re not Tiktoking their way to riches.

Posted in News, RNZ business.

Air NZ profit drops by two thirds to $146m

August 29, 2024 by RNZ Business Headlines

The drop compared to a $412 million profit last year, while underlying profit was in line with guidance in May.

Posted in News, RNZ business.

Drop in demand from China a factor in Comvita $77m loss

August 29, 2024 by RNZ Business Headlines

The loss of a major customer in North America has also affected the honey producer’s performance.

Posted in News, RNZ business.

Auckland Central City Library announces uplifting new exhibition

August 29, 2024 by Auckland city news

Auckland Central City Library is thrilled to announce an uplifting new exhibition Waiwaia Ngā Ngutu ahead of Te Wiki o Te Reo Māori, celebrating the eloquence and expression of te reo Māori from the early nineteenth century to the present day.  
This free…

Posted in News.

‘Higher income’ doesn’t mean much – financial coach

August 29, 2024 by RNZ Business Headlines

Higher-income families would usually qualify for less government support and the support available for those with only one child cut out at relatively low income levels, a financial coach says.

Posted in News, RNZ business.
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