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Author Archives: RNZ Business Headlines

Tour operator must pay out nearly $200k after worker falls down boat hatch

November 10, 2021 by RNZ Business Headlines

A Queenstown tourism operator has been fined and ordered to pay a former employee who was seriously injured on one of its boats $35,000.
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Posted in News, RNZ business.

Weta Digital sells technology division for $2.3b to US firm

November 10, 2021 by RNZ Business Headlines

Sir Peter Jackson’s Weta Digital film studio has sold its technology division to a US video game company for $NZ2.3 billion.
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Posted in News, RNZ business.

NZ company’s toothpaste sales surge in partnership with Chinese influencer

November 10, 2021 by RNZ Business Headlines

A New Zealand oral care company is all smiles after a partnership with a Chinese influencer saw its sales go through the roof ahead of the Singles’ Day holiday.
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Posted in News, RNZ business.

Tower Insurance changes flood risk pricing, reduces part of premium

November 10, 2021 by RNZ Business Headlines

Nearly 90 percent of Tower customers will have the flood risk portion of their premium reduced, at an average of $25 each.
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Posted in News, RNZ business.

Central Otago orchards concerned they won’t have enough staff this season

November 10, 2021 by RNZ Business Headlines

Some Central Otago orchards are scrambling to find enough staff with less than a month until harvest.
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Posted in News, RNZ business.

Retail reopens in Auckland: Security guards on the doors as shoppers return

November 10, 2021 by RNZ Business Headlines

It’s day one of alert level 3, step 2 for the city and retailers are flinging open their doors for an expected rush of pent-up demand, while many museums, zoos and libraries are gradually re-opening.
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Posted in News, RNZ business.

Average residential home now worth more than $1m

November 10, 2021 by RNZ Business Headlines

The property market reached new heights last month with the average residential home value topping a million dollars for the first time. The property market reached new heights last month…
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Posted in News, RNZ business.

Air NZ preparing for summer holiday flights ahead of govt border restriction announcement

November 9, 2021 by RNZ Business Headlines

Air New Zealand’s chief executive estimates it could take up to six weeks to prepare to fly New Zealanders to their chosen Christmas destinations, so it needs a decision on borders urgently.
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Posted in News, RNZ business.

Fonterra continues plans to vote on future of capital structure

November 9, 2021 by RNZ Business Headlines

Dairy giant Fonterra is pressing on with plans to hold a vote on the future of its capital structure, despite not yet having government support for the proposal.
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Posted in News, RNZ business.

Kathmandu Holdings expects profit fall

November 9, 2021 by RNZ Business Headlines

Outdoor clothing and equipment retailer Kathmandu Holdings’ profits have been significantly hit by the recent round of Covid lockdowns in New Zealand and Australia.
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Posted in News, RNZ business.
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