Business to offer AI cameras for front of buses
A US company that puts AI-enabled cameras on the front of buses to try to stop cars from blocking bus stops has entered the New Zealand market.
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Author Archives: RNZ Business Headlines
Power price warning for households as major users feel the crunch
We’re watching a ‘slow motion train wreck’ in the market, an electricity company head says.
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Foodstuffs North Island fined $3.25 million for hindering competition
The supermarket company has been hit with a huge fine for deliberate and serious blocking of competitors.
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A history of New Zealand housing affordability
New Zealand was once a homeowner’s dream, now just 60 percent of households own the place they live in – and that’s on the slide.
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Manawa Electricty cuts earnings guidance after customer defaults
The company is setting aside money for a potential bad debt after an electricity retailer failed to keep up with payments.
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Companies likely to follow Air NZ in dropping climate targets – experts
With new rules requiring climate-related disclosure, experts say other firms are likely to follow Air NZ in dropping near-term climate targets.
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How KiwiSaver funds performed in the June quarter
Morningstar’s survey for the three months ended June showed the value of savings rose $3.5 billion for the quarter.
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Tower increaseds full year underlying profit guidance to more than $45 million
The insurer put the increase down to better weather and efforts to address vehicle thefts.
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Auckland property: 44 percent of apartments sell for loss
The figures for those hoping to make a buck off their apartment are the worst they’ve been in over a decade.
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Higher unemployment another sign of economic stress
Rising unemployment is another symptom of the economic stress businesses are under, say employers and manufacturers.
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