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Author Archives: RNZ Business Headlines

What’s actually going on with sharemarkets?

August 6, 2024 by RNZ Business Headlines

You’ve probably seeing headlines about “bloodbaths” and billions being wiped out. Here’s what is happening.
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Posted in News, RNZ business.

Major banks cut mortgage rates again

August 6, 2024 by RNZ Business Headlines

There’s growing anticipation the Reserve Bank will ease the official cash rate later this year.
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Posted in News, RNZ business.

NZ’s only organic chicken farm sold to Inghams

August 6, 2024 by RNZ Business Headlines

Hawkes Bay based Bostock Brothers were on the lookout for capital to grow the business but decided to sell the whole operation.
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Posted in News, RNZ business.

What does international sharemarket turmoil mean for KiwiSaver?

August 6, 2024 by RNZ Business Headlines

About 60% of KiwiSaver assets are invested offshore, but if you’ve got your settings right, there’s only one thing you need to do.
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Posted in News, RNZ business.

‘There’s no free lunch when it comes to infrastructure’

August 6, 2024 by RNZ Business Headlines

The true cost of critical infrastructure must be seen in a new light, in order to address a deficit of more than $200 billion, says legal firm Bell Gully.
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Posted in News, RNZ business.

Are we too comfortable with credit cards?

August 5, 2024 by RNZ Business Headlines

According to the Reserve Bank, New Zealanders had $6.1 billion outstanding on credit cards in July.
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Posted in News, RNZ business.

Uber Eats fees gobbling profits – restaurants

August 5, 2024 by RNZ Business Headlines

A manager of two Christchurch eateries is urging people to bypass the delivery giant and order from them directly.
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Posted in News, RNZ business.

How a Kiwibank sale might work

August 5, 2024 by RNZ Business Headlines

Nicola Willis wants to “explore where more capital could come from”, and KiwiSaver managers say they can help.
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Posted in News, RNZ business.

Police seek suspension of majority of South Island New World liquor licenses

August 5, 2024 by RNZ Business Headlines

Police say it is due to alleged continual breaches of online alcohol advertising controls.
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Posted in News, RNZ business.

How a $920 fridge created a $10k ‘debt spiral’

August 5, 2024 by RNZ Business Headlines

The woman was refunded after receiving an ‘unsuitable’ loan.
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Posted in News, RNZ business.
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