Challenge to Meridian’s claim power bills taking less of household spending
The chief executive says Minister Shane Jones is wrong and they’ve been investing in business despite paying out millions in dividends.
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Author Archives: RNZ Business Headlines
What do New Zealand’s influencers really earn?
New data shows they’re not Tiktoking their way to riches.
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Air NZ profit drops by two thirds to $146m
The drop compared to a $412 million profit last year, while underlying profit was in line with guidance in May.
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Drop in demand from China a factor in Comvita $77m loss
The loss of a major customer in North America has also affected the honey producer’s performance.
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‘Higher income’ doesn’t mean much – financial coach
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.
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‘Mum and Dad’ property investors dipping toes back in: Corelogic
Interest rates will soon get to the level where it makes more sense, research firm says.
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People ‘already moving out of town’ as mills look to close operations
The proposed closures are already hurting the local economy in Raetihi. There’s hope the government might intervene.
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Is housing market rebound waiting to happen?
As one investor says buyers are waiting in the wings, our biggest bank says more rapid pick-up is possible.
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Lowest income New Zealanders paying highest power prices, data reveals
The city with the highest average income has the cheapest electricity, data reveals.
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Fonterra to spend $75 million expanding Studholme site
The site will become a “hub for high value proteins” designed for “premium” products such as medical and sports nutrition.
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