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Category : RNZ business

Tiwai certainty welcome, but concerns about $2 billion subsidy

June 4, 2024 by RNZ Business Headlines

Analysis – Certainty for Southland, the energy market and successive governments is valuable, but the smelter may have found a way to earn millions in subsidies.
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Posted in News, RNZ business.

TVNZ financial woes deepen with projected loss of at least $28m

June 4, 2024 by RNZ Business Headlines

The broadcaster is warning of a large loss amid a worsening advertising downturn.
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Posted in News, RNZ business.

Gas or electric appliances: What’s cheaper?

June 4, 2024 by RNZ Business Headlines

300,000 households rely on gas for cooking, heating or hot water – but there’s a catch.
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Posted in News, RNZ business.

New Plymouth businesses concerned about rising inner-city crime

June 4, 2024 by RNZ Business Headlines

More than 30 people have been trespassed from a pedestrianised space in New Plymouth’s CBD that has become notorious for trouble.
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Posted in News, RNZ business.

House prices ‘consistent’ but Wellington sees biggest fall in May

June 4, 2024 by RNZ Business Headlines

The property market remains stalled with more houses for sale and asking prices still lower than a year ago. The average asking price on realestate.co.nz fell 0.8 percent to $859,301…
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Posted in News, RNZ business.

More than half of Synlait Milk’s suppliers want to quit

June 3, 2024 by RNZ Business Headlines

Embattled dairy company Synlait Milk has confirmed that more than half of its suppliers want to quit, its earnings outlook has been downgraded, and it’s scrapped the sale of an asset.
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Posted in News, RNZ business.

Did we have to have the interest rate pain?

June 2, 2024 by RNZ Business Headlines

Interest rates went up to get inflation down. But are there other ways this could be achieved?
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Posted in News, RNZ business.

Godfrey Hirst workers ‘anxious and frustrated’ as they take strike action over pay

June 1, 2024 by RNZ Business Headlines

Apitialefaga Robin Tuiletufuga works the overnight shift as a yarn spinner at Godfrey Hirst’s carpet wool factory in Lower Hutt.
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Posted in News, RNZ business.

New Tīwai Point deal could reinforce coal use for electricity – Greenpeace

June 1, 2024 by RNZ Business Headlines

Greenpeace says the smelter’s closure could have led to lower electricity prices, but South Port says there’s widespread relief over the 20-year deal.
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Posted in News, RNZ business.

Lending rules loosen, Budget for investors: What is happening with the NZ housing market this week?

June 1, 2024 by RNZ Business Headlines

Analysis – There are lot more options for investors with rule changes and Budget allocations, but the direction of interest rates still remains uncertain.
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Posted in News, RNZ business.
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