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Author Archives: RNZ Business Headlines

House prices need to fall ‘a further 16%’ to become affordable

July 2, 2024 by RNZ Business Headlines

Chris Bishop wants them lower. Christopher Luxon wants “downward pressure”. But one forecaster says we are still a long way from affordable.
Continue reading →

Posted in News, RNZ business.

Company insolvencies and liquidations up, 474,000 people now behind on payments

July 2, 2024 by RNZ Business Headlines

More and more people are stopping discretionary spending as the cost-of-living crisis bites.
Continue reading →

Posted in News, RNZ business.

Major Australian bank raises alarm bell on cyber ‘warfare’: Claims ‘entire community is at risk’

July 1, 2024 by RNZ Business Headlines

NZ’s major banks are all Australian-owned – and the ‘big four’ across the Tasman say they are under constant cyber-attack that is costing consumers billions.
Continue reading →

Posted in News, RNZ business.

Dunedin’s Aurora Energy for sale – expected to be well sought after

July 1, 2024 by RNZ Business Headlines

An Otago lines company says it cannot give “cast-iron” assurance that selling Aurora Energy will get a premium price – but expects it will be well sought after.
Continue reading →

Posted in News, RNZ business.

SkyCity’s Horizon Hotel finally complete

July 1, 2024 by RNZ Business Headlines

SkyCity is celebrating a key milestone in putting Auckland’s long-running convention centre saga behind them, following the completion of its hotel.
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Posted in News, RNZ business.

Business owners increasingly facing mental health struggles

July 1, 2024 by RNZ Business Headlines

A recent survey shows a third of small-to-medium-sized business owners are facing anxiety and depression.
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Posted in News, RNZ business.

Cash still king for many, despite push for card-only payments

July 1, 2024 by RNZ Business Headlines

And why there’s $9 billion in coins and notes still floating around.
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Posted in News, RNZ business.

Green hydrogen: Australian demonstration closely watched by NZ firm

July 1, 2024 by RNZ Business Headlines

Gas pipeline company Firstgas is closely watching an Australian project which is supplying a blend of 10 percent green hydrogen and 90 percent fossil fuel gas to 4000 households.
Continue reading →

Posted in News, RNZ business.

‘Drain’ leaves NZ’s unemployment higher than Australia

July 1, 2024 by RNZ Business Headlines

The largest group of people leaving New Zealand were between the ages of 25 and 44 which was a concern for the labour market, nfometrics says.
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Posted in News, RNZ business.

Sunday News to close after six decades in print

June 30, 2024 by RNZ Business Headlines

Stuff has announced its Sunday News newspaper will wrap up at the end of July.
Continue reading →

Posted in News, RNZ business.
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