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Author Archives: RNZ Business Headlines

House buyer gets $20k payout after bidding at auction without preapproval

August 16, 2024 by RNZ Business Headlines

The women complained their adviser did not give them accurate information, resulting in loss of more than $100,000.
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Posted in News, RNZ business.

A2 Milk, Synlait settle year-long dispute over infant formula

August 16, 2024 by RNZ Business Headlines

Synlait says settling the dispute is another step in the company’s recovery.
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Posted in News, RNZ business.

Investors see better prospects offshore – survey

August 16, 2024 by RNZ Business Headlines

Retail investors are losing confidence in local investment markets, but have increased expectations in overseas markets.
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Posted in News, RNZ business.

Companies Act reforms: Why one director says she has to break the law

August 16, 2024 by RNZ Business Headlines

Government changes to an “invasive and unnecessary” business requirement are long overdue, one director says.
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Posted in News, RNZ business.

Why the OCR cut is not necessarily something to celebrate

August 16, 2024 by RNZ Business Headlines

NZ’s financial situation is nothing to get excited about, economists say: “Long story short, it’s a hot mess.”
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Posted in News, RNZ business.

Vanuatu tourism booms as airlines add more flights, including direct Auckland-Espiritu Santo route

August 16, 2024 by RNZ Business Headlines

Other airlines are filling the void left by Air Vanuatu’s liquidation, with 2025 looking “pretty positive” for the Pacific nation.
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Posted in News, RNZ business.

Legal case over Z Energy’s emissions reduction claims moves towards trial

August 16, 2024 by RNZ Business Headlines

Both sides are claiming legal wins in a landmark greenwashing case.
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Posted in News, RNZ business.

McDonald’s employee overpaid more than $18,000 in holiday pay

August 16, 2024 by RNZ Business Headlines

The fast food company is paying out holiday pay to tens of thousands of staff who had their entitlements calculated incorrectly.
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Posted in News, RNZ business.

Supermarket shoppers losing tens of millions a year due to pricing errors – Commerce Commission

August 15, 2024 by RNZ Business Headlines

And responsibility for fixing the issues sits squarely with Foodstuffs and Woolworths NZ senior management, the grocery commissioner says.
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Posted in News, RNZ business.

NZ Steel reports making 1.3m tonnes of carbon emissions, claims 1.8m tonnes of free carbon credits

August 15, 2024 by RNZ Business Headlines

The Australian-owned company was the biggest beneficiary of a government scheme to shield exporters from paying for their carbon emissions last year.
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Posted in News, RNZ business.
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