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Author Archives: RNZ Business Headlines

Skellerup posts net profit of almost $47m

August 15, 2024 by RNZ Business Headlines

It was a strong second-half result and the company was “in good shape for the future”, its chief executive says.
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Posted in News, RNZ business.

Climate champ takes aim at Christopher Luxon, Air New Zealand

August 15, 2024 by RNZ Business Headlines

Sir Jonathon Porritt has also fired barbs at Air New Zealand saying “it’s trashing its own reputation”.
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Posted in News, RNZ business.

‘There’s no U-turn’ – Reserve Bank governor hits back over rate cut ‘flip-flop’

August 15, 2024 by RNZ Business Headlines

The Reserve Bank governor says criticism of the interest rate call this week are off base and there’s been no u-turn.
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Posted in News, RNZ business.

Stuff CEO Laura Maxwell to stand down, owner Sinead Boucher to take over

August 15, 2024 by RNZ Business Headlines

Stuff chief executive Laura Maxwell is to depart the business, and owner Sinead Boucher will resume the chief executive role.
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Posted in News, RNZ business.

Owner of liquidated restaurant ordered to pay former employee $43,000

August 15, 2024 by RNZ Business Headlines

The employee was paid less than the minimum wage, didn’t get public holiday entitlements, and wasn’t paid out his annual leave.
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Posted in News, RNZ business.

Average asking prices for homes have dropped to a three-year low

August 15, 2024 by RNZ Business Headlines

The TradeMe Property Price Index fell to to $824,900 in July, the lowest since 2021.
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Posted in News, RNZ business.

Reforms to make business safer and easier announced

August 15, 2024 by RNZ Business Headlines

Commerce and Consumer Affairs Minister Andrew Bayly says the Companies Act had not been substantially updated in 30 years and does not reflect the modern business environment.
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Posted in News, RNZ business.

Reserve Bank governor confident inflation will stay down

August 15, 2024 by RNZ Business Headlines

Adrian Orr says he’s not hitting the accelerator just yet but people should expect the cash rate to hit 3 percent next year.
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Posted in News, RNZ business.

Tax warning for share traders

August 15, 2024 by RNZ Business Headlines

There are predictions that large numbers of traders may be potentially skipping tax bills – and they are now in the taxman’s sights.
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Posted in News, RNZ business.

NZ’s healthtech exports soar, but lag behind global peers

August 15, 2024 by RNZ Business Headlines

The value of healthtech exports has more than doubled in the past decade to $2.6 billion from $1.27b, but investment is lagging behind global peers.
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Posted in News, RNZ business.
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