Business

Latest Stories

BP's profits double to $27.7b amid calls for windfall tax

The record profits come amid calls to implement a windfall tax on companies profiting from the high price of oil caused by Russia's invasion of Ukraine.

Business •10:09pm

'Free' prescriptions forcing small pharmacies out of business

Discount pharmacies like the Chemist Warehouse and Countdown supermarket stores absorb the usual $5 prescription charges as a loss-leader model.

Health •10:03pm

NZ likely to remain in recession into 2024 - Infometrics forecast

It comes amid rising interest rates and pressured household budgets, according to one economic forecaster.

Economy •Fri, Feb 3

Fuel tax cut, half-price public transport extended through June

Chris Hipkins says he's focusing on "bread and butter" issues as the Government shapes up for election year.

Politics •Wed, Feb 1

Unemployment rate ticks up ahead of expected recession

Today's figure is higher than expectations from some economists.

Business •Wed, Feb 1

Media marriage on the rocks? Public weigh in on RNZ-TVNZ merger

According to the latest 1News Kantar Public Poll, Kiwis' support for the merger is flat.

TVNZ •Tue, Jan 31

Chateau Tongariro to permanently close on Sunday

It comes as the hotel was set to renew its 30-year lease with the Department of Conservation.

Manawatu Wanganui •Tue, Jan 31

Toymaker Hasbro laying off 1000 people to cut costs

In last year’s third quarter, Hasbro reported 15% decline in revenue compared to the same period a year earlier.

Business •Sat, Jan 28

ASB scraps $14m worth of monthly fees

The move will benefit 120,000 business and 40,000 personal customers from February 1.

Personal Finance •Fri, Jan 27

Hipkins promises to get 'closer to business' in first outing as PM

Speaking at a roundtable with the Auckland Business Chamber, the new Prime Minister said his government was getting "closer to business".

Politics •Thu, Jan 26

Media merger bill tweaked, but falls short - expert

The project is potentially on the chopping block, as Prime Minister Chris Hipkins reviews spending and resets the Government's focus on the economy.

TVNZ •Thu, Jan 26

Court orders Cook Islands to pay $5.4m in taxes to Air NZ

The High Court in Rarotonga ruled in the airline's favour and said Air New Zealand taxes should be paid in New Zealand instead of the Cook Islands.

Travel •Thu, Jan 26

The Warehouse Group proposing to cut 190 jobs in restructure

Responding to challenging market conditions, The Warehouse Group is proposing a staff cut at its Auckland support offices.

Business •Thu, Jan 26

Small business owners address Hipkins with concerns

Small businesses across Aotearoa aren't yet confident the new prime minister will address their issues with crime and labour shortages in time to win them over.

Crime And Justice •Thu, Jan 26

New PM Hipkins meeting Akl business leaders 'to ask questions'

Auckland Business Chamber CEO - and former National Party leader - Simon Bridges welcomed the news.

Politics •Thu, Jan 26

Countdown expects price of seasonal produce to drop

The weather remains a wild card for food price inflation, with adverse weather events hitting New Zealand- growers over the summer.

Cost Of Living •Wed, Jan 25

US Justice Dept sues Google over digital advertising monopoly

It comes as US authorities continue to clamp down on big tech companies and reign in their dominance.

Business •Wed, Jan 25

Home and food costs rise, but annual inflation stays at 7.2%

The big driver of the most recent inflation rate was rising costs associated with housing and household utilities, due to rising construction prices and rentals housing.

Business •Wed, Jan 25

Will 'unlimited leave' become the new normal at Kiwi workplaces?

Some NZ companies are already implementing the policy.

Business •Tue, Jan 24

MediaWorks announces 90 staff to be laid off in cost cutting move

In an email sent to staff this morning, chief executive Cam Wallace said two-thirds of the company's costs were labour related.

Media •Tue, Jan 24

Business

Latest Stories

BP's profits double to $27.7b amid calls for windfall tax

'Free' prescriptions forcing small pharmacies out of business

NZ likely to remain in recession into 2024 - Infometrics forecast

Fuel tax cut, half-price public transport extended through June

Unemployment rate ticks up ahead of expected recession

Media marriage on the rocks? Public weigh in on RNZ-TVNZ merger

Chateau Tongariro to permanently close on Sunday

Toymaker Hasbro laying off 1000 people to cut costs

ASB scraps $14m worth of monthly fees

Hipkins promises to get 'closer to business' in first outing as PM

Media merger bill tweaked, but falls short - expert

Court orders Cook Islands to pay $5.4m in taxes to Air NZ

The Warehouse Group proposing to cut 190 jobs in restructure

Small business owners address Hipkins with concerns

New PM Hipkins meeting Akl business leaders 'to ask questions'

Countdown expects price of seasonal produce to drop

US Justice Dept sues Google over digital advertising monopoly

Home and food costs rise, but annual inflation stays at 7.2%

Will 'unlimited leave' become the new normal at Kiwi workplaces?

MediaWorks announces 90 staff to be laid off in cost cutting move

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