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Author Archives: RNZ Business Headlines

Court dismisses Uber’s appeal arguing drivers are employees, not contractors

August 26, 2024 by RNZ Business Headlines

This gives the drivers employee benefits such as leave entitlements, minimum wage and holiday pay.
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Posted in News, RNZ business.

What would happen to jobs and emissions if Methanex left New Zealand?

August 26, 2024 by RNZ Business Headlines

It uses 40 percent of the country’s gas supply and the country needs a plan if it leaves, experts say.
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Posted in News, RNZ business.

Lower than budgeted financial result for Port Taranaki

August 26, 2024 by RNZ Business Headlines

Challenging economic conditions and production difficulties in the energy sector have impacted Port Taranaki’s financial result for the 2023-24 year.
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Posted in News, RNZ business.

Property for Industry reports $21.2 million half-year profit

August 26, 2024 by RNZ Business Headlines

Chief executive Simon Woodhams says its leasing of industrial property in Auckland continues to generate cashflow and maintain stability.
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Posted in News, RNZ business.

Summerset posts ‘subdued’ result, blasts government funding ‘failures’

August 26, 2024 by RNZ Business Headlines

The retirement village operator’s bottom line profit has fallen 23 percent as it faced higher tax costs and a smaller rise in property values.
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Posted in News, RNZ business.

Dairy company fined $420k over false claims on packaging

August 26, 2024 by RNZ Business Headlines

Milkio Foods Limited had descriptions like ‘100 per cent Pure New Zealand’ – despite using butter from India.
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Posted in News, RNZ business.

Steel & Tube full year net profit falls 85% to $2.6m

August 26, 2024 by RNZ Business Headlines

The steel manufacturer and distributor says the fall reflects weak economic conditions but it is poised to take advantage of the rebound.
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Posted in News, RNZ business.

How Selaks went from making sherry for friends to becoming one of NZ’s biggest wine brands

August 26, 2024 by RNZ Business Headlines

Selaks was started from a market garden, but now sells more than a million litres of wine a year.
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Posted in News, RNZ business.

Unlikely generators will have to dip into the water supply reserves – Meridian

August 25, 2024 by RNZ Business Headlines

The company is reasonably confident of getting through spring without needing use the reserves.
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Posted in News, RNZ business.

Economic recovery: Is this time different?

August 24, 2024 by RNZ Business Headlines

NZ’s biggest bank says things are uncertain because the recession the country has been through was deliberately caused.
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Posted in News, RNZ business.
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