What you need to know about a 150,000-customer banking class action
ASB and ANZ have rejected an offer to settle a class action suit against them, for about $300 million.
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Author Archives: RNZ Business Headlines
Helping ‘wealthiest generation in history’ give money away
Fund managers are adding staff whose job it is to help investors work out what to do with their wealth when they die.
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What’s going on with Rocket Lab shares?
“If the balloon pops, it can go real fast, real quick.”
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Company directors load up on liability insurance as legal risks increase
About 95 percent of board directors have coverage as they face a growing storm of legal and liquidation risks.
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Country’s largest pastoral farmer Pāmu forecasts record profit in major turnaround
The country’s largest pastoral farmer is forecasting a record profit for the last financial year, as high prices for dairy and red meat help offset adverse weather events.
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Fonterra boss rejects idea of discounted butter prices for New Zealanders
The head of of the dairy giant says the co-operative cannot and will not have different butter prices for local and overseas customers.
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Farmers ‘going hell for leather’ to take advantage of high prices – analyst
Some milk processing factories are bursting at the seams, but it’s not expected to bring local prices down because of international pressures.
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‘We don’t get richer buying each other’s houses’: How Auckland’s affordability story has improved
Recent rankings of unaffordable cities around the world have been notable for one thing – our biggest city is no longer in the top 10.
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Liquidators say Nanogirl Labs unlikely to be able to pay $260,000 tax debt
The company provided science live shows, education and STEM kits to children.
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Construction firms offering discounts up to 50% to avoid collapse
Some construction firms are resorting to cutting prices and squeezing already tight margins to stay in business.
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