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Category : RNZ business

Farming families facing ‘huge pressue’ from rural lending and banks – Federated Farmers

May 23, 2024 by RNZ Business Headlines

Farmer confidence in their banks has plummetted to the lowest level in nearly a decade while the government considers the need for an independent inquiry.
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Posted in News, RNZ business.

Five data points that show the New Zealand economy may be in worse shape than you think

May 23, 2024 by RNZ Business Headlines

Analysis – It’s bad, but could it be worse than it looks?
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Posted in News, RNZ business.

Zespri profit dips but growers paid record prices for fruit

May 23, 2024 by RNZ Business Headlines

It has just reported a net profit after tax of $173.3 million for the 2023-24 financial year – down from $238.7m the year before.
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Posted in News, RNZ business.

Home loan cuts ‘a story for next year’

May 22, 2024 by RNZ Business Headlines

A tougher Reserve Bank stance means home loan borrowers must hold on a bit longer, economists say.
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Posted in News, RNZ business.

Wellington’s Tory Whanau creates mayoral business group

May 22, 2024 by RNZ Business Headlines

The group will provide advice on council projects and spark new ideas for the future of the city.
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Posted in News, RNZ business.

Attempts to get more gas from Kupe field fail

May 22, 2024 by RNZ Business Headlines

Genesis said the joint venture’s “intervention” efforts had been unable to produce sufficient flow to sustain operation of the well because of reservoir pressure level and liquid inflows.
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Posted in News, RNZ business.

Reserve Bank holds official cash rate at 5.5 percent

May 22, 2024 by RNZ Business Headlines

The OCR is on hold but the possibility of an increase looms again.
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Posted in News, RNZ business.

Risk of uninsured buildings if FENZ levy changes go ahead – IBANZ

May 22, 2024 by RNZ Business Headlines

Insurance brokers are predicting levies could increase by as much as 400 percent, IBANZ says.
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Posted in News, RNZ business.

How much have First Home Grants really been helping buyers?

May 22, 2024 by RNZ Business Headlines

They look like they’re on the way out, but how much difference were they making?
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Posted in News, RNZ business.

Napier Port posts solid lift in half-year profit

May 22, 2024 by RNZ Business Headlines

The country’s fourth largest port had a strong rebound from the previous year when its business was badly affected by Cyclone Gabrielle.
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Posted in News, RNZ business.
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