‘Keep the lights on’: Community in central North Island rallies over mills threat
The mill, which employs 230 people across two sites in the central North Island, announced it was closing due to high electricity prices.
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Author Archives: RNZ Business Headlines
2025 the year house price rises revert to normal, BNZ says
Prices will be flat this year but increase 7 percent next year, bank economist says.
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Recent heavy rain provides much needed boost to hydro lake levels
The weekend’s rain means storage at Lake Manapōuri is now above average for the first time since mid-June.
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Bathurst Resources eyes fast track process for new projects
The country’s biggest coal miner is seeing another 20 years of development work.
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Brewery told to remove its Kupe beer from sale
Te Aro Brewing’s IPA has been found in breach of advertising standards after complaints.
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BNZ trims mortgage rates again
It comes as wholesale interest rates move lower following the Reserve Bank’s OCR decision this month.
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Vulcan Steel posts another big drop in full-year profit
The company’s profit more than halved on the back of a 15 percent drop in revenue.
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Tourism Holdings meets expectations in difficult environment
The campervan company says net profit for the year fell 21 percent.
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Treat bankruptcy as ‘last resort’ – financial adviser
The number of people being made bankrupt has fallen sharply over the past decade, but there are warnings trouble may lie ahead.
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Plea for surplus hemp by-product to be used as animal feed
A hemp company says it’s dumping tonnes of a by-product that could be used as animal feed.
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