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Author Archives: RNZ Business Headlines

Reserve Bank takes action over ‘unsustainable’ house prices

September 23, 2021 by RNZ Business Headlines

The Reserve Bank has tightened loan-to-value restrictions in a renewed bid to cool the housing market.
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Posted in News, RNZ business.

‘Such a rip off’: Booker beware as travellers stung by Covid-19 cancellation fees

September 23, 2021 by RNZ Business Headlines

Holidaymakers are warning bookers beware as they’re stung by cancellation fees from rentals booked during lockdown.
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Posted in News, RNZ business.

Covid-19: Latest lockdown crippled business, dairy owner claims

September 23, 2021 by RNZ Business Headlines

A dairy that opened in Auckland during World War I and survived through the Spanish Flu pandemic is within an inch of its life after the latest lockdown.
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Posted in News, RNZ business.

Bank profits fall from record highs but performance remains strong

September 23, 2021 by RNZ Business Headlines

KPMG’s Financial Institutions Performance Survey report shows banks’ collective profits for the three months ended June fell 11.6 percent to $1.45 billion.
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Posted in News, RNZ business.

Flexible working conditions key for NZ tech firms to keep staff

September 22, 2021 by RNZ Business Headlines

Flexible working conditions are being seen as an important tool to prevent New Zealand tech companies from losing staff to big overseas firms.
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Posted in News, RNZ business.

Calls for council to vote against Nelson housing project

September 22, 2021 by RNZ Business Headlines

A group opposed to a housing development in Nelson’s Kākā Valley are calling on the council to vote against land rezoning that would enable hundreds of homes to be built near the Maitai River.
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Posted in News, RNZ business.

Large house claims leads Tower insurance to revise down profit forecast

September 22, 2021 by RNZ Business Headlines

The insurance company Tower has revised down its full year profit forecast following an above average number of large house claims.
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Posted in News, RNZ business.

Steady rise in younger people seeking financial advice, industry group says

September 22, 2021 by RNZ Business Headlines

Growing KiwiSaver balances as well as a surge in the number of younger people using investment apps is driving up demand for financial advice.
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Posted in News, RNZ business.

Economy missing out on billions due to slow shift to circular, sustainable business, report says

September 22, 2021 by RNZ Business Headlines

The Sustainable Business Network says progress is not keeping pace with the urgency of climate change, resource depletion, and environmental degradation.
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Posted in News, RNZ business.

Evergrande: Asia stocks down as investors weigh China concerns

September 21, 2021 by RNZ Business Headlines

Asian stock markets were down on Tuesday amid concerns around Chinese property group Evergrande and the impact on China’s financial system.
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Posted in News, RNZ business.
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