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Category : News

Property for Industry reports $21.2 million half-year profit

August 26, 2024 by RNZ Business Headlines

Chief executive Simon Woodhams says its leasing of industrial property in Auckland continues to generate cashflow and maintain stability.
Continue reading →

Posted in News, RNZ business.

Summerset posts ‘subdued’ result, blasts government funding ‘failures’

August 26, 2024 by RNZ Business Headlines

The retirement village operator’s bottom line profit has fallen 23 percent as it faced higher tax costs and a smaller rise in property values.
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Posted in News, RNZ business.

Dairy company fined $420k over false claims on packaging

August 26, 2024 by RNZ Business Headlines

Milkio Foods Limited had descriptions like ‘100 per cent Pure New Zealand’ – despite using butter from India.
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Posted in News, RNZ business.

Steel & Tube full year net profit falls 85% to $2.6m

August 26, 2024 by RNZ Business Headlines

The steel manufacturer and distributor says the fall reflects weak economic conditions but it is poised to take advantage of the rebound.
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Posted in News, RNZ business.

How Selaks went from making sherry for friends to becoming one of NZ’s biggest wine brands

August 26, 2024 by RNZ Business Headlines

Selaks was started from a market garden, but now sells more than a million litres of wine a year.
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Posted in News, RNZ business.

Unlikely generators will have to dip into the water supply reserves – Meridian

August 25, 2024 by RNZ Business Headlines

The company is reasonably confident of getting through spring without needing use the reserves.
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Posted in News, RNZ business.

Economic recovery: Is this time different?

August 24, 2024 by RNZ Business Headlines

NZ’s biggest bank says things are uncertain because the recession the country has been through was deliberately caused.
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Posted in News, RNZ business.

Ask Susan: Should I invest in gold?

August 24, 2024 by RNZ Business Headlines

RNZ’s money correspondent Susan Edmunds answers your burning questions.
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Posted in News, RNZ business.

Rates relief continues for storm-affected Aucklanders

August 24, 2024 by Auckland city news

Last year Auckland Council agreed to support residents in need with 100 per cent rates relief for uninhabited storm damaged homes, following severe weather events in the first half of 2023. 
This rates relief will extend into the current 2024/2025 rati… Continue reading →

Posted in News.

All Australian tomato imports temporarily suspended

August 23, 2024 by RNZ Business Headlines

The ban on imports to New Zealand will be reviewed in seven days.
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Posted in News, RNZ business.
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