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Category : RNZ business

Port of Tauranga net profit down more than $25m on previous year

August 23, 2024 by RNZ Business Headlines

The country’s biggest port has reported a weaker profit as cargo volumes fell but said it’s had an improvement in the second half of the year.
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Posted in News, RNZ business.

Why you might not want to cut your home loan payments

August 23, 2024 by RNZ Business Headlines

Home loan borrowers are facing a “massive” opportunity to save money – if they can afford to.
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Posted in News, RNZ business.

Channel Infrastructure sees near 50 percent jump in interim profit

August 23, 2024 by RNZ Business Headlines

The former Marsden Point refinery and Z Energy also announced a significant increase to jet fuel storage at Marsden Point.
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Posted in News, RNZ business.

Fonterra raises farm gate milk price

August 23, 2024 by RNZ Business Headlines

The farming co-op says it’s still early in the season and overall they expect prices to remain within their forecast range.
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Posted in News, RNZ business.

Plans for spaceport at Kaitorete Spit in strife as government rejects further funding

August 23, 2024 by RNZ Business Headlines

The fledgling national aerospace centre is in strife after failing to attract investors, underspending its budget and not making enough return on investment.
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Posted in News, RNZ business.

New Zealand’s shrinking café scene

August 23, 2024 by RNZ Business Headlines

For the first time in decades, the number of cafés and restaurants is shrinking.
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Posted in News, RNZ business.

Want NZ banking to be more competitive? Then make it easier to switch banks

August 23, 2024 by RNZ Business Headlines

Analysis – Though open banking is on the horizon, it may also prove less than effective unless we can demystify the financial system and make switching less costly and less time-consuming, Aaron Gilbert writes.
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Posted in News, RNZ business.

Shein reveals child labour cases as it steps up supplier audits

August 23, 2024 by RNZ Business Headlines

The fast fashion retailer has revealed it found two cases of child labour at suppliers last year.
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Posted in News, RNZ business.

‘Looking a bit grim’ – Price rise warning for gas customers

August 22, 2024 by RNZ Business Headlines

Powerswitch has had a ‘flurry of price change requests’ from retailers in recent days, it says.
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Posted in News, RNZ business.

Former CBL Insurance chief fined $1.4m

August 22, 2024 by RNZ Business Headlines

The head of the failed CBL Insurance group has been ordered to pay $1.4 million for breaching financial market rules.
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Posted in News, RNZ business.
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