ASB rejects offer to settle class action lawsuit for more than $300m
It follows in the footsteps of ANZ, which speedily rejected the settlement offer as a ‘stunt’.
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Author Archives: RNZ Business Headlines
Is an inheritance relationship property – Ask Susan
RNZ money correspondent Susan Edmunds answers your questions.
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New Zealand First’s Cash Transactions Protection Bill – What it is and what it could do
Explainer – A member’s bill put forward by New Zealand First would require businesses to accept cash as payment. Here’s what you need to know.
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Wool meets rugby: Norsewear open letter sparks talks with NZ Rugby
After a social media jab at All Blacks’ synthetic beanies, Norsewear is talking partnerships with NZ Rugby to bring Kiwi wool to Kiwi rugby fans.
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LIC profit surges to $30.6m as NZ farmers invest in herd genetics
A booming rural economy and renewed farmer spending helped boost LIC’s profits fourfold over the previous year.
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New Zealand reaches deal with Canada in long-running dairy trade dispute
The deal is expected to deliver up to $157 million to New Zealand dairy exporters.
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Rise in insurance complaints linked to cost-of-living crisis
People paying higher premiums for insurance may be expecting more from their policies in return and being disappointed when they don’t get it.
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Auckland man sentenced in NZ’s first ‘zapper’ tech tax cheating conviction
Gurwinder Singh is the first Kiwi sentenced for using illegal sales suppression tools to avoid paying $200,000 in taxes.
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Electricity Authority set to make connections to national grid easier, faster
The focus will be on reducing cost and time for businesses.
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Supermarkets aren’t moving fast enough to lower dairy prices, says Federated Farmers dairy chair
Federated Farmers dairy chair Karl Dean says while the market always fluctuates, consumers are often missing out when prices do drop.
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