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Author Archives: RNZ Business Headlines

Class action against ASB and ANZ banks for overcharging customers offers to settle for more than $300m

July 16, 2025 by RNZ Business Headlines

The case involves more than 150,000 customers who were impacted by overcharging of fees and interest.
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Posted in News, RNZ business.

Electricity Authority announces new rules for big energy retailers

July 16, 2025 by RNZ Business Headlines

The Electricity Authority has announced new rules for the retailers.
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Posted in News, RNZ business.

Woman discovered she was added to husband’s business loan when she was called to repay it

July 16, 2025 by RNZ Business Headlines

The woman was one of 1469 complaints to Financial Services Complaints Ltd in the year to 30 June.
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Posted in News, RNZ business.

Storm damage closes Tasman’s Great Taste biking trail until further notice

July 16, 2025 by RNZ Business Headlines

The popular biking trail is a lifeline for the local economy, bringing in $34m annually.
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Posted in News, RNZ business.

What would happen if a KiwiSaver provider failed?

July 16, 2025 by RNZ Business Headlines

NZ’s KiwiSaver schemes have different protections for members, which should prevent the kind of investment losses seen after the failure of a Australian superannuation provider.
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Posted in News, RNZ business.

Building industry hopes it’s hit the bottom and there will be an eventual upturn

July 16, 2025 by RNZ Business Headlines

Conditions in the building industry are still tight, new research says, but there are hopes it has hit the bottom.
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Posted in News, RNZ business.

Former Reserve Bank boss Adrian Orr joins Cook Islands Super board

July 15, 2025 by RNZ Business Headlines

Adrian Orr previously headed the NZ Super for more than a decade.
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Posted in News, RNZ business.

Banking and investment behaviour faces considerable change as the population ages

July 15, 2025 by RNZ Business Headlines

The central bank said the financial industry needs to understand and get prepared for what may be complex, long term changes, that may also increase risks to the financial system.
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Posted in News, RNZ business.

‘It really is hard for older job seekers to find work at the moment’

July 15, 2025 by RNZ Business Headlines

Dozens of people are signing up to a job site for older workers, with more noticeably struggling to find jobs over the past nine months.
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Posted in News, RNZ business.

Queenstown hotel fined $22,000 for breaches under Fisheries Act

July 15, 2025 by RNZ Business Headlines

The Rees Hotel was fined for illegally selling recreationally caught crayfish and failing to keep records.
Continue reading →

Posted in News, RNZ business.
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