Radio New Zealand

RNZ: Business News

RNZ: Business  News

Description

The latest business news from RNZ News.

Link: www.radionz.co.nz/national/programmes/businessnews

Categories

Business

Episodes

Business briefs

Sep 20, 2019 00:01:15

Description:

US financial regulator -- the Securities and Exchange Commission -- has raised a New Zealand link to an alleged multi-million-dollar fraud.

Midday Markets for 20 September 2019

Sep 20, 2019 00:02:28

Description:

For the latest from the markets we're joined by Andrew Austin of Jarden Securities.

Super Fund adds risk penalty to NZ assets

Sep 20, 2019 00:01:41

Description:

The New Zealand Super Fund says the risk penalty it applies to New Zealand assets, doesn't mean it's reluctant to invest in them.

Regions urged to develop more tourist attractions

Sep 20, 2019 00:01:47

Description:

Tourism operators are being urged to develop new products and attractions to counter a slow down in visitor numbers.

Time has come for congestion charges - economist

Sep 20, 2019 00:01:49

Description:

Motorists should have to pay for driving their cars at peak times, according to a leading economics firm.

Markets Update for 20 September 2019

Sep 19, 2019 00:01:39

Description:

A brief update on the movements in the financial sector

Business News for 20 September 2019

Sep 19, 2019 00:08:43

Description:

News from the business sector, including a market report.

Early Business News for 20 September 2019

Sep 19, 2019 00:02:38

Description:

A brief update of movements in the financial sector.

Business briefs

Sep 19, 2019 00:00:58

Description:

New Zealand's taste for chicken continues to drive sales for the fast food brands operator, Restaurant Brands.

Midday Markets for 19 September 2019

Sep 19, 2019 00:02:07

Description:

For the latest from the markets we're joined by Michael Grace from Jarden Securities.

New property lender sees greatest opportunity in residential

Sep 19, 2019 00:01:42

Description:

A new non-bank property lender says it has a number of deals for developments underway, including a handful of new greenfield sites.

Fed has open mind on future policy

Sep 19, 2019 00:01:55

Description:

Uncertainty and division are apparent in the latest decision by the US Federal Reserve to cut interest rates and more importantly what its future policy might be.

Economic growth slows in second quarter

Sep 19, 2019 00:02:19

Description:

The economy appears to be ticking over albeit more slowly with the services sector doing most of the work to keep it afloat.

Market Update for 19 September 2019

Sep 18, 2019 00:02:09

Description:

A brief update on the movements in the financial sector

Business News for 19 September 2019

Sep 18, 2019 00:08:50

Description:

News from the business sector, including a market report.

Early Business News for 19 September 2019

Sep 18, 2019 00:03:07

Description:

A brief update of movements in the financial sector.

Business briefs

Sep 18, 2019 00:00:29

Description:

A failed Marlborough building company owes creditors more than 1-point-4 million dollars.

Midday Markets for 18 September 2019

Sep 18, 2019 00:02:34

Description:

For the latest from the markets we're joined by Andrew Austin at Jarden Securities.

Current account deficit narrows

Sep 18, 2019 00:00:47

Description:

The difference between what the country earns and spends overseas has narrowed slightly.

First Union challenges all banks to address gender pay gap

Sep 18, 2019 00:01:48

Description:

The union representing bank workers is challenging all banks to follow Westpac's lead and put more women into high paying roles.

Property investment trust seeks up to $175m

Sep 18, 2019 00:01:55

Description:

Listed property investment company, Goodman Property Trust, is looking to raise up to $175 million through a share issue for future developments.

Kathmandu delivers strong profit on sales growth

Sep 18, 2019 00:02:11

Description:

The outdoor goods and clothing retailer Kathmandu has posted a record full year profit with strong sales, especially for its North American shoe business, Oboz.

Market Update for 18 September 2019

Sep 17, 2019 00:01:51

Description:

A brief update on the movements in the financial sector

Business News for 18 September 2019

Sep 17, 2019 00:08:36

Description:

News from the business sector, including a market report.

Early Business News for 18 September 2019

Sep 17, 2019 00:03:17

Description:

A brief update of movements in the financial sector.

Business briefs

Sep 17, 2019 00:00:40

Description:

Two companies are spending 15-thousand-dollars on a satellite and a system to go along with it, to allow Chatham Islands' residents to watch Rugby World Cup matches.

Midday Markets for 17 September 2019

Sep 17, 2019 00:02:13

Description:

For the latest from the markets we're joined by Kyle Edmonds of Jarden Securities.

Briscoe's first half challenged by weather and competition

Sep 17, 2019 00:00:46

Description:

A highly competitive retail landscape and rising cost pressures have seen Briscoe Group's profit remain relatively flat for the first half of the year.

NZ dollar remains 10th most traded currency in the world

Sep 17, 2019 00:01:33

Description:

The New Zealand dollar remains the 10th most traded currency globally, according to a survey by the Bank of International Settlements.

Consumer confidence remains at 7 year low

Sep 17, 2019 00:01:37

Description:

A swathe of gloomy global headlines appear to have further dampened consumers' outlook about the economy but they're feeling more upbeat about their own personal finances.

Financial regulators disappointed in life insurers

Sep 17, 2019 00:02:15

Description:

Financial regulators are disappointed and unimpressed by the life insurance industry's failure to fix issues and clean up its act.

Market Update for 17 September 2019

Sep 16, 2019 00:01:45

Description:

A brief update on the movements in the financial sector

Business News for 17 September 2019

Sep 16, 2019 00:07:58

Description:

Pipeline rupture inquiry says fuel companies should be forced to invest more in infrastructure if they won't do it voluntarily. Fuel retailers cautiously back market access changes. Holiday parks in good shape. Financial markets roiled by Saudi oil attacks.

Early Business News for 17 September 2019

Sep 16, 2019 00:03:17

Description:

Saudi fuel attacks rattle oil prices and markets. An early look at the day's business news, and a catch up on overnight market action. 

Business briefs

Sep 16, 2019 00:00:37

Description:

Listed healthcare company Abano, which owns chains of dentist practices in New Zealand and Australia, has confirmed its in talks with several potential buyers.

Midday Markets for 16 September 2019

Sep 16, 2019 00:02:25

Description:

For the latest from the markets we're joined by Michael Grace of Jarden Securities.

Mid-size businesses are under-resourced and underperforming

Sep 16, 2019 00:01:33

Description:

Medium-sized companies are struggling to increase profits with too few resources and access to growth capital.

Service sector putting some backbone into economy

Sep 16, 2019 00:01:21

Description:

The services sector remains a bright spot in an otherwise gloomy business outlook.

Global oil prices spike

Sep 16, 2019 00:01:23

Description:

Meanwhile, Mr Bennetts says there's little doubt the company will raise pump prices in the wake of the attack on the oil processing plant in Saudi Arabia.

Z Energy finds flaws in Com Com draft fuel sector report

Sep 16, 2019 00:01:29

Description:

The Commerce Commission's being accused of miscalculating how much money fuel retailer Z Energy is making in its initial report on competition in the sector.

Market Update for 16 September 2019

Sep 15, 2019 00:01:18

Description:

A brief update on the movements in the financial sector

Business News for 16 September 2019

Sep 15, 2019 00:09:13

Description:

News from the business sector, including a market report.

Early Business News for 16 September 2019

Sep 15, 2019 00:02:52

Description:

A brief update of movements in the financial sector.

Business briefs

Sep 13, 2019 00:00:13

Description:

Feedback is due today on the Commerce Commission's draft findings from its fuel market study.

Midday Markets for 13 September 2019

Sep 13, 2019 00:02:43

Description:

For the latest from the markets we're joined by Mark Fowler of Hobson Wealth Partners.

Eurozone cuts rates and resumes money injections

Sep 13, 2019 00:02:20

Description:

The European Central Bank has reached into its monetary weapons kit, in a bid to stimulate growth in the eurozone.

Lack of listings causes drop in house sales nationwide

Sep 13, 2019 00:01:51

Description:

The number of houses sold around the country has fallen to its lowest level in seven months, although prices continued to grow everywhere but Auckland.

Manufacturing sector contracts to lowest point in a decade

Sep 13, 2019 00:01:43

Description:

The manufacturing sector is stuck in the doldrums, contracting for a second consecutive month and languishing at levels last seen in 2012.

Collapsed construction companies' shortfall totals $16m

Sep 13, 2019 00:01:14

Description:

A breakdown of two collapsed building companies' books -- Stanley Group and Tallwood --have revealed a shortfall of around $16-million .

Market Update for 13 September 2019

Sep 12, 2019 00:01:22

Description:

A brief update on the movements in the financial sector

Business News for 13 September 2019

Sep 12, 2019 00:07:53

Description:

The building industry tries to chart a future path away from past problems. KiwiBank prepares for the chance of negative interest rates. Falling fuel sales a sign of softer economy. Financial markets modestly firmer.

Early Business News for 13 September 2019

Sep 12, 2019 00:03:40

Description:

An early look at the day's business news and a catch up on overnight global market action.   

Midday Markets for 12 September 2019

Sep 12, 2019 00:01:34

Description:

For the latest from the markets we're joined by Brad Gordon of Hobson Wealth Partners.

Largest life insurers working to lift trust after report

Sep 12, 2019 00:01:53

Description:

Life insurers need to do more to be trusted by consumers, if they want more people to buy their policies.

Kiwibank to chase business customers in Auckland

Sep 12, 2019 00:01:18

Description:

Kiwibank will start targeting businesses in Auckland, in a bid to double its size and grow its commercial lending portfolio.

Z Energy says increasing competiton has hit profit outlook

Sep 12, 2019 00:01:32

Description:

Fuel company, Z Energy, says unprecedented competition and tighter margins are hurting its earnings.

Record Synlait profit on record production

Sep 12, 2019 00:02:19

Description:

Specialist dairy company Synlait has made a record profit. Chief executive Leon Clement says demand and sales are strong, and he's expecting double digit growth again this year.  

Market Update for 12 September 2019

Sep 11, 2019 00:01:14

Description:

A brief update on the movements in the financial sector

Business News for 12 September 2019

Sep 11, 2019 00:09:13

Description:

Technology such as robots and artificial intelligence are not likely to disrupt NZ labour market any time soon, according to a new report. ANZ's global chief economist questions whether central banks need to move away from inflation targeting. How financial markets are shaping up.  

Early Business News for 12 September 2019

Sep 11, 2019 00:02:53

Description:

An early look at the day's business news and how global markets have fared overnight.

Business briefs

Sep 11, 2019 00:00:25

Description:

Fonterra says it's told its employees that the business will be restructured.

Midday Markets for 11 September 2019

Sep 11, 2019 00:01:55

Description:

For the latest from the markets we're joined by Mark Fowler of Hobson Wealth Partners.

KiwiSaver not for buying a home - Australian expert

Sep 11, 2019 00:01:33

Description:

An Australian superannuation expert is against people using their retirement savings to buy a house.

Banks likely to pass on benefits of cheaper wholesale funding

Sep 11, 2019 00:01:18

Description:

Increasingly cheap money is being used by banks to lock in generation low lending rates.

Spark Sport not discouraged by issues and naysayers

Sep 11, 2019 00:01:30

Description:

The telecommunications company Spark is not discouraged by criticism of its ability to stream the Rugby World Cup in a little over a week.

Small businesses struggling with late bill payers

Sep 11, 2019 00:01:27

Description:

Small businesses are said to be struggling as they wait for an estimated $7.4 billion in overdue payments.

Market Update for 11 September 2019

Sep 10, 2019 00:01:12

Description:

A brief update on the movemnets in the financial sector.

Business News for 11 September 2019

Sep 10, 2019 00:09:08

Description:

News from the business sector, including a market report.

Early Business News for 11 September 2019

Sep 10, 2019 00:03:17

Description:

A brief update of movements in the financial sector.

Business briefs

Sep 10, 2019 00:00:31

Description:

Listed craft brewer Moa Group has bought another restaurant-bar in Auckland.

Midday Markets for 10 September 2019

Sep 10, 2019 00:01:53

Description:

For the latest from the markets we're joined by Grant Cotty of Hobson Wealth Partners.

Too few people talking about money

Sep 10, 2019 00:01:25

Description:

They say having more of it doesn't make you happier, but that's about as far as conversations about money tend to go.

Vodafone NZ to spend $10m on new customer service team

Sep 10, 2019 00:02:08

Description:

One of the country's largest telecommunications companies, Vodafone New Zealand, will spend 10-million-dollars, over the next three months upgrading its customer service.

Retail sales perk up in August

Sep 10, 2019 00:00:39

Description:

Consumers appear to have been more willing to spend in August after several months of relative hibernation.

Traffic movements signal economic weakness ahead

Sep 10, 2019 00:02:06

Description:

The latest look at the transport sector offers another flag that the economy is slowing.

Business News for 10 September 2019

Sep 9, 2019 00:08:01

Description:

Finance industry generally backs Capital Markets review to breath new life into local investment scene. Ratings agency Standard and Poors says the slowing in house price inflation making banks stronger. Financial markets relatively muted.

Early Business News for 10 September 2019

Sep 9, 2019 00:03:15

Description:

An early look at the day's business news, and a catch up on overnight action on financial markets.

Business briefs

Sep 9, 2019 00:01:28

Description:

A takeover offer for New Zealand Oil & Gas is at the lowest range of its value, according to an independent report.

Midday Markets for 9 September 2019

Sep 9, 2019 00:01:51

Description:

For the latest from the markets we're joined by Mark Fowler of Hobson Wealth Partners.

Imperial Tobacco 'alarmed' by competitors marketing

Sep 9, 2019 00:01:53

Description:

The country's second largest cigarette manufacturer, Imperial Tobacco, says the industry needs to be more mindful of its marketing if it wants to be trusted to sell less harmful vaping products.

New chief executive at TradeMe

Sep 9, 2019 00:01:27

Description:

The new chief executive of online auction and advertising company TradeMe, is confident its new private owners will back the business, and give it the resources to offer new services and products to spur new growth.

Capital markets review comes up with 42 recommendations

Sep 9, 2019 00:02:12

Description:

A review of New Zealand's capital markets says changes are needed to invigourate capital markets from better co-operation between regulators and industry, through legal and tax reforms to encourage more people to invest.

Markets Update for 9 September 2019

Sep 8, 2019 00:01:12

Description:

A brief update of movements in the financial sector.

Business News for 9 September 2019

Sep 8, 2019 00:09:28

Description:

ANZ jumps ahead of the pack with a predicition of three more interest rate cuts by the Reserve Bank, taking the official cash rate to 0.25 % by the middle of next year. But other economists are sceptical. The new head of Trade Me has a few ideas for new business. How financial markets start the week.

Early Business News for 9 September 2019

Sep 8, 2019 00:03:09

Description:

An early look at the day's business news -- interest rates and vaping. And a catch up on how financial markets will start the week.  

Early Business News for 9 September 2019

Sep 8, 2019 00:03:09

Description:

A brief update of movements in the financial sector.

Business briefs

Sep 6, 2019 00:00:24

Description:

Wholesale trade is picking up, with a zero-point-8-percent increase in the June quarter, on the back of previous smaller rises.

Com Com taking legal action against UDC Finance

Sep 6, 2019 00:00:42

Description:

The Commerce Commission is taking legal action against one of ANZ's businesses.

Midday Markets for 6 September 2019

Sep 6, 2019 00:02:37

Description:

For the latest from the markets we're joined by Melika King of Craigs Investment Partners.

Artificial intelligence will help reshape board meetings

Sep 6, 2019 00:01:30

Description:

Board meetings of the future will increasingly become virtual affairs, as artificial intelligence reshapes reallity.

ANZ Banl expects the OCR to drop to 0.25 percent by May

Sep 6, 2019 00:01:49

Description:

The country's largest bank expects the Reserve Bank to cut its benchmark interest rate close to zero as the outlook for economic growth and inflation deteroriates.

Fonterra not ruling out further writedowns amid audit delay

Sep 6, 2019 00:01:52

Description:

Fonterra has delayed the publication of its annual financial result, saying its auditors need more time to finalise its accounts.

Markets Update for 6 September 2019

Sep 5, 2019 00:01:19

Description:

A brief update of movements in the financial sector.

Business News for 6 September 2019

Sep 5, 2019 00:08:12

Description:

News from the business sector, including a market report.

Early Business News for 6 September 2019

Sep 5, 2019 00:03:26

Description:

A brief update of movements in the financial sector.

Business briefs

Sep 5, 2019 00:00:47

Description:

Construction sector activity looks to be losing momentum.

Midday Markets for 5 September 2019

Sep 5, 2019 00:02:12

Description:

For the latest from the markets we're joined by Andrew Cathie of Craigs Investment Partners.

There's been a big jump in the cost of cyber attacks

Sep 5, 2019 00:02:00

Description:

There's been a big jump in the cost of cyber attacks.

Stride puts properties into new international fund

Sep 5, 2019 00:02:28

Description:

Listed property investor and manager, Stride, is setting up a new venture to bring international investors into the local industrial property market.

Markets Update for 5 September 2019

Sep 4, 2019 00:00:58

Description:

A brief update of movements in the financial sector.

Business News for 5 September 2019

Sep 4, 2019 00:09:04

Description:

News from the business sector, including a market report.

Early Business News for 5 September 2019

Sep 4, 2019 00:02:53

Description:

A brief update of movements in the financial sector.

Midday Markets for 4 September 2019

Sep 4, 2019 00:02:42

Description:

For the latest from the markets we're joined by Belinda Stanley of Craigs Investment Partners.

Vodafone NZ profit fell before takeover

Sep 4, 2019 00:00:45

Description:

Telecommunications company, Vodafone's annual profit dived sharply just before it was taken over by Infratil and its Canadian partner, Brookfield.

Signs of investors heading back to property market

Sep 4, 2019 00:01:03

Description:

Property investors are showing signs of coming back into the housing market.

Poultry disease fear hits exports

Sep 4, 2019 00:01:43

Description:

New Zealand egg and chicken exports are being disrupted by the possible presence of a poultry virus in the South Island.

Investors fly to safety amid Brexit, trade disputes

Sep 4, 2019 00:00:49

Description:

World financial markets are becoming increasingly volatile with the latest twists and turns on Brexit, the US-China trade dispute, and worries about the growth outlook.

Markets Update for 4 September 2019

Sep 3, 2019 00:01:11

Description:

A brief update of movements in the financial sector.

Business News for 4 September 2019

Sep 3, 2019 00:08:48

Description:

News from the business sector, including a market report.

Early Business News for 4 September 2019

Sep 3, 2019 00:02:53

Description:

A brief update of movements in the financial sector.

Midday Markets for 3 September 2019

Sep 3, 2019 00:02:44

Description:

For the latest from the markets we're joined by Melika King of Craigs Investment Partners.

New vehicle sales expected to be down for 2019

Sep 3, 2019 00:01:30

Description:

Annual growth in new vehicle sales has disappeared indicating a further softening of consumer demand.

Westland says low final milk price should not surprise

Sep 3, 2019 00:02:10

Description:

Westland Milk has delivered its farmer suppliers a milk payout it admits is not competitive, but says its new owners will do better.

Influx of interest from hopeful home buyers

Sep 3, 2019 00:01:51

Description:

A suprisingly large cut in interest rates seems to have given home buyers a shot in the arm.

Insurance industry to set up group to combat fraud

Sep 3, 2019 00:01:08

Description:

The insurance industry is setting up a special group to combat fraud, which it says is costing it hundreds of millions of dollars a year.

Markets Update for 3 September 2019

Sep 2, 2019 00:00:44

Description:

A brief update of movements in the financial sector.

Business News for 3 September 2019

Sep 2, 2019 00:08:38

Description:

The NZ dollar's bumpy ride looks set to continue, angel investors set up fund to back women-run start-ups, globalisation could be the answer to the mystery of weak inflation, and US China trade war dampens investment

Early Business News for 3 Septmeber 2019

Sep 2, 2019 00:02:16

Description:

A brief update of movements in the financial sector.

Business briefs

Sep 2, 2019 00:01:26

Description:

Listed bar and restaurant company, Good Spirits Hospitality, has been censured by the stock exchange for not having enough independent directors on its board.

Midday Markets for 2 September 2019

Sep 2, 2019 00:02:09

Description:

For the latest from the markets we're joined by Andrew Cathie at Craigs Investment Partners.

Trade position improves

Sep 2, 2019 00:00:36

Description:

The country's trade position has improved, driven by strong prices for meat and dairy products and a softer currency.

NZ startup draws investment as trade war intensifies

Sep 2, 2019 00:01:38

Description:

Chinese technology businesses being squeezed out the United States seem to be looking to New Zealand as a place to invest.

Services sector to drive jobs growth

Sep 2, 2019 00:00:42

Description:

The services sector is expected to drive job growth over the next decade, with strong demand for highly skilled staff.

Fonterra faces scrutiny over asset writedowns

Sep 2, 2019 00:02:48

Description:

Fonterra's asset writedowns are under regulator scrutiny after a complaint from one of the co-operative's largest shareholders.

Markets Update for 2 September 2019

Sep 1, 2019 00:00:53

Description:

A brief update of movements in the financial sector.

Business News for 2 September 2019

Sep 1, 2019 00:07:39

Description:

Matt Goodson of Salt Funds looks at the earnings and profits/losses of the big listed companies reported in past three weeks. Has the economy found a bottom. Where the future jobs will come from. How financial markets are starting the week. 

Early Business News for 2 September 2019

Sep 1, 2019 00:03:00

Description:

An early look at the day's business news, and how financial markets are shaping up for the week.

Evening business for 30 August 2019

Aug 30, 2019 00:04:12

Description:

News from the business sector, including a market report.

More business briefs

Aug 30, 2019 00:00:27

Description:

Government models show employment is likely to grow by close to 40 thousand workers a year for the next decade.

Midday Markets for 30 August 2019

Aug 30, 2019 00:01:01

Description:

For the latest from the markets with Gyles Beckford.

Business briefs

Aug 30, 2019 00:00:54

Description:

The Super Fund has received top marks in the latest UN report on responsible investing.

Maori businesses should tell their story better

Aug 30, 2019 00:01:17

Description:

Maori businesses could do better to formally report on their social and environmental wins and not just their bottom line.

Govt needs to 'tweak' law to help solve housing crisis - expert

Aug 30, 2019 00:01:16

Description:

A property research expert says the law needs tweaking if the housing crisis is going to be solved.

Consumer confidence perks up a shade

Aug 30, 2019 00:01:49

Description:

Consumer confidence has perked up a shade belying headlines of a slowing economy and a deteriorating global outlook.

Markets Update for 30 August 2019

Aug 29, 2019 00:01:10

Description:

A brief update of movements in the financial sector.

Business News for 30 August 2019

Aug 29, 2019 00:08:50

Description:

News from the business sector, including a market report.

Early Business News for 30 August 2019

Aug 29, 2019 00:02:45

Description:

A brief update of movements in the financial sector.

Evening business for Thursday 29th August

Aug 29, 2019 00:04:46

Description:

News from the business sector, including a market report.

Business briefs

Aug 29, 2019 00:00:28

Description:

Whangarei based port company investor Marsden Maritime Holdings has had a slight lift in its full year profit to 9-point-7 million dollars .. about 3 percent up on a year ago.

Midday Markets for 29 August 2019

Aug 29, 2019 00:02:22

Description:

For the latest from the markets we're joined by Kyle Edmonds of Jarden Securities.

TVNZ's reveue and profits fall hit by global competition

Aug 29, 2019 00:01:24

Description:

Television New Zealand's profit has fallen because of falling advertising revenue, increasing global competition and a weak currency.

Vista posts smaller half year profit as costs rise

Aug 29, 2019 00:01:12

Description:

The cinema software company, Vista Group International, has made a smaller half year profit as its costs rose and it lost revenue in its Chinese business.

NZ King Salmon's bottom line hit by falling fish stock quality

Aug 29, 2019 00:01:33

Description:

The profit of fish farmer, King Salmon, has fallen nearly a third, as fish stocks continue to deteriorate in warming waters.

US federal bank head supports early action to tackle headwinds

Aug 29, 2019 00:01:51

Description:

Central banks should be acting early and decisively to counter economic headwinds, according to a visiting US Federal Bank head.

Markets Update for 29 August 2019

Aug 28, 2019 00:00:52

Description:

A brief update of movements in the financial sector.

Business News for 29 August 2019

Aug 28, 2019 00:09:07

Description:

News from the business sector, including a market report.

Early Business News for 29 August 2019

Aug 28, 2019 00:03:00

Description:

A brief update of movements in the financial sector.

Business briefs

Aug 28, 2019 00:00:36

Description:

New Zealand Windfarm has turned a smaller profit with record electricity prices driving up revenue.

Midday Markets for 28 August 2019

Aug 28, 2019 00:02:15

Description:

For the latest from the markets we're joined by Andrew Austin of Jarden Securities.

Apple exporter Scales benefits from strategic sell-off

Aug 28, 2019 00:01:48

Description:

Apple exporter Scales Corporation has posted a higher first half profit inflated by the proceeds of asset sales.

Genesis more than doubles annual profit amid volatile market

Aug 28, 2019 00:02:06

Description:

Genesis Energy has more than doubled its annual profit on the back of high wholesale power prices, and a jump in the value of its Huntly Power Station units.

Port of Tauranga sails into record profits

Aug 28, 2019 00:02:12

Description:

The country's biggest port has reported a record profit on surging cargo volumes and earned a credit rating upgrade into the bargain.

Markets Update for 28 August 2019

Aug 27, 2019 00:00:56

Description:

A brief update of movements in the financial sector.

Business News for 28 August 2019

Aug 27, 2019 00:09:26

Description:

News from the business sector, including a market report.

Early Business News for 28 August 2019

Aug 27, 2019 00:02:55

Description:

A brief update of movements in the financial sector.

Evening Business for Tuesday 27th August 2019

Aug 27, 2019 00:03:40

Description:

News from the business sector, including a market report.

Business briefs

Aug 27, 2019 00:00:40

Description:

Home renovations are still a favoured avenue for many New Zealanders who'd rather D=I=Y than than sell up and re-enter the housing market.

Midday Markets for 27 August 2019

Aug 27, 2019 00:02:13

Description:

For the latest from the markets we're joined by Michael Grace of Jarden Securities.

Other earnings reports

Aug 27, 2019 00:00:57

Description:

The carpet manufacturer Cavalier Corporation has made a net loss of 16-point-8-million-dollars after selling its wool scouring business and incurring non-cash writedowns.

Oil & Gas makes annual loss, halts dividend

Aug 27, 2019 00:01:59

Description:

New Zealand Oil & Gas has posted an annual loss and suspenbded dividends after pulling out of exploration projects in Indonesia and New Zealand.

NZME makes a small net profit on falling revenue

Aug 27, 2019 00:01:28

Description:

Media company NZME has reported a big drop in profit and revenue, as it continues to focus on developing digital revenue streams and building subscriber numbers.

Tough US market conditions hit Tourism Holdings' profit

Aug 27, 2019 00:01:43

Description:

Tourism Holdings' full year profit is down by more than half on the back of tough trading conditions in the US market.

Markets Update for 27 August 2019

Aug 26, 2019 00:01:14

Description:

A brief update of movements in the financial sector.

Business News for 27 August 2019

Aug 26, 2019 00:07:55

Description:

News from the business sector, including a market report.

Early Business News for 27 August 2019

Aug 26, 2019 00:02:52

Description:

A brief update of movements in the financial sector.

Evening business for Monday 26th August

Aug 26, 2019 00:03:58

Description:

News from the business sector, including a market report.

Midday Markets for 26 August 2019

Aug 26, 2019 00:02:30

Description:

For the latest from the markets we're joined by Michael Grace of Jarden Securities.

Sowing economy and extra costs keep lid on Freightways profit

Aug 26, 2019 00:01:15

Description:

Courier and data management company Freightways profit has been held back by higher labour increase and competition hits its courier businesses.

Chorus FY net profit falls with drop in revenue

Aug 26, 2019 00:01:26

Description:

The telecomunications lines company, Chorus has seen its profit drop by more than a third, hit by lower revenue and higher cost to roll out its fibre network.

Metlifecare's profit dampened by slowing housing market

Aug 26, 2019 00:01:18

Description:

A slower housing market has hit North Island retirement village operator Metlifecare's bottom line but strong resales have seen the company's operating performance lift.

Meridian Energy has made a record annual profit

Aug 26, 2019 00:02:25

Description:

Power company Meridian Energy has made a record annual profit as it generated more hydro-power locally and benefited from high wholesale prices, as it also expanded in Australia.

Markets Update for 26 August 2019

Aug 25, 2019 00:01:25

Description:

A brief update of movements in the financial sector.

Business News for 26 August 2019

Aug 25, 2019 00:08:20

Description:

A bumpy ride expected on markets as US-China trade tensions escalate further, housing market confidence rises, Kiwibank signals major investment in tech, construction sector booms despite pressure on margins. 

Early Business News for 26 August 2019

Aug 25, 2019 00:03:57

Description:

A brief update of movements in the financial sector.

Business briefs

Aug 23, 2019 00:00:45

Description:

The wine exporter, Delegat's net profit is up slightly on record case sales.

Midday Markets for 23 August 2019

Aug 23, 2019 00:01:59

Description:

For the latest from the markets we're joined by Mark Fowler of Hobson Wealth Partners.

Retail growth all but grinds to a halt

Aug 23, 2019 00:01:27

Description:

Growth in consumer spending has all but dried up.

KiwiBank increases customer deposits and lending

Aug 23, 2019 00:01:17

Description:

KiwiBank's profits has dipped slightly and expects littled change in the coming year as it fights the big Australian-owned banks for customers.

Skellerup beats trade challenges to report record profit

Aug 23, 2019 00:01:05

Description:

Rubber goods manufacturer Skellerup has made a record profit for the year despite rising pressures from global trade turmoil and a downturn on the farm.

Honey producer Comvita reports $27.7m loss

Aug 23, 2019 00:01:05

Description:

Honey producer Comvita's sales and margins have been hit by tighter regulations in China and New Zealand, as well as a poor honey harvest, resulting in a loss for the company.

Steel & Tube back in the black

Aug 23, 2019 00:01:14

Description:

Building products firm Steel & Tube has returned to profitability as it cut costs and repaid debt.

Markets Update for 23 August 2019

Aug 22, 2019 00:01:09

Description:

A brief update of movements in the financial sector.

Business News for 23 August 2019

Aug 22, 2019 00:06:41

Description:

News from the business sector, including a market report.

Early Business News for 23 August 2019

Aug 22, 2019 00:02:48

Description:

A brief update of movements in the financial sector.

Evening business for Thursday 22 August

Aug 22, 2019 00:03:13

Description:

News from the business sector, including a market report.

Midday Markets for 22 August 2019

Aug 22, 2019 00:02:09

Description:

For the latest from the markets we're joined by Grant Cotty of Hobson Wealth Partners.

Ebos has posted a flat full year profit

Aug 22, 2019 00:01:41

Description:

Healthcare and animal products company, Ebos, has posted a flat full year profit on steady revenue as it readies for a resumption of significant growth.

Sky TV posts bigger annual loss

Aug 22, 2019 00:01:43

Description:

Sky Network Television has bitten the bullet and written down the value of large parts of its business, taken a hit from an abandoned technology project blown as it changes tack to hold on to audiences.

Auckland International Airport makes smalller net profit

Aug 22, 2019 00:01:34

Description:

Auckland International Airport's underlying profit has edged higher on record numbers of travellers but faces challenges from slower growth.

Air NZ profit dips on high fuel costs and slowing demand

Aug 22, 2019 00:01:34

Description:

Air New Zealand's full year profit has fallen as higher fuel costs and slower passenger growth proved headwinds to its earnings.

Markets Update for 22 August 2019

Aug 21, 2019 00:01:33

Description:

A brief update of movements in the financial sector.

Business News for 22 August 2019

Aug 21, 2019 00:07:19

Description:

News from the business sector, including a market report.

Early Business News for 22 August 2019

Aug 21, 2019 00:03:22

Description:

A brief update of movements in the financial sector.

Evening business for Wednesday 21st August

Aug 21, 2019 00:04:21

Description:

News from the business sector, including a market report.

Midday Markets for 21 August 2019

Aug 21, 2019 00:02:25

Description:

For the latest from the markets we're joined by Ed Glennie of Hobson Wealth Partners.

Oil refinery operator falls deeper into red

Aug 21, 2019 00:01:09

Description:

High electricity prices and weaker oil refining margins have resulted in a bigger loss for the owner of the Marsden Point refinery.

Spark delivers better than expected profit growth

Aug 21, 2019 00:01:25

Description:

The telecommunications company Spark has increased its annual profit with greater market share and lower costs.

Fletcher Building posts solid full year profit

Aug 21, 2019 00:01:31

Description:

Fletcher Building has posted a solid profit but continues to be dogged by a weak Australian housing market and underperformance in some of its businesses.

A2 Milk bumper profit fails to impress

Aug 21, 2019 00:02:18

Description:

Specialty dairy company A2 Milk has stormed to a record profit on the back of surging demand for its infant formula, but has failed to impress investors.

Markets Update for 21 August 2019

Aug 20, 2019 00:01:03

Description:

A brief update of movements in the financial sector.

Business News for 21 August 2019

Aug 20, 2019 00:09:12

Description:

Auckland competition lawyer Andy Glenie expects regulation or law changes needed to reform fuel market. Aussie banks told to limit exposure to NZ offshoots. Mercury shuns discounting. NZX coy on more listings this year. The latest from financial markets.  

Early Business News for 21 August 2019

Aug 20, 2019 00:03:15

Description:

An early look at the day's business news, and a catch up on overnight action on global markets.

Evening business for 20 August 2019

Aug 20, 2019 00:04:55

Description:

News from the business sector, including a market report.

Business briefs

Aug 20, 2019 00:00:41

Description:

The infrastructure investor, Infratil, is offering up to 300-million dollars in long term 5 and 10-year bonds.

Midday Markets for 20 August 2019

Aug 20, 2019 00:02:34

Description:

For the latest from the markets we're joined by Ed Glennie of Hobson Wealth Partners.

Napier Port floats on the NZX

Aug 20, 2019 00:01:34

Description:

Napier Port has floated on the NZX this morning, at a 12 percent premium to its issue price.

Mercury makes record annual profit despite market challenges

Aug 20, 2019 00:01:42

Description:

Power company Mercury has made a record annual profit, driven by record geothermal generation and higher spot prices.

Wholesale fuel market needs to be freed up

Aug 20, 2019 00:01:08

Description:

The country's biggest fuel retailer Z Energy says the Commerce Commission's estimate of what fuel companies should be earning on their investments is too low.

Wholesale market core of competition issues in fuel sector

Aug 20, 2019 00:01:15

Description:

The Commerce Commission is targeting reform of the wholesale fuel market to bring more competition in the sector and lower prices for motorists.

Markets Update for 20 August 2019

Aug 19, 2019 00:00:58

Description:

A brief update of movements in the financial sector.

Business News for 20 August 2019

Aug 19, 2019 00:09:35

Description:

News from the business sector, including a market report.

Early Business News for 20 August 2019

Aug 19, 2019 00:02:56

Description:

A brief update of movements in the financial sector.

Evening business for Monday 19th August

Aug 19, 2019 00:04:05

Description:

News from the business sector, including a market report.

Business briefs

Aug 19, 2019 00:00:24

Description:

Falling prices have taken their toll on the performance of New Zealand Steel.

Midday Markets for 19 August 2019

Aug 19, 2019 00:02:35

Description:

For the latest from the markets we're joined by Brad Gordon of Hobson Wealth Partners.

ASB buys into tech start-up

Aug 19, 2019 00:01:15

Description:

ASB Bank has bought a significant stake in a technology start-up which it thinks will bring benefit to its business customers.

Industrial property fetching rents above market averages

Aug 19, 2019 00:01:44

Description:

Property for Industy says it's had a good first half with strong gains in the value of its property portfolio and above average market rents.

Services sector activity at highest since Jan

Aug 19, 2019 00:02:24

Description:

The gloom plaguing the manufacturing sector shows no sign of infecting the services sector where activity has reached its highest level since the beginning of the year.

Markets Update for 19 August 2019

Aug 18, 2019 00:01:11

Description:

A brief update of movements in the financial sector.

Business News for 19 Auckland 2019

Aug 18, 2019 00:09:21

Description:

ASB Bank chief economist Nick Tuffley says NZ and the world not headed for recession, and last week's market ructions were an overreaction. MBIE tells businesses treat staff well or consumers will desert you. And how financial markets will start of the week.    

Early Business News for 19 August 2019

Aug 18, 2019 00:02:39

Description:

A brief update of movements in the financial sector.

Evening business for Friday 16th August

Aug 16, 2019 00:03:49

Description:

News from the business sector, including a market report.

Midday Markets for 16 August 2019

Aug 16, 2019 00:02:25

Description:

For the latest from the markets we're joined by Belinda Stanley of Craigs Investment Partners.

Strong rents and value gains underpin Precinct Properties

Aug 16, 2019 00:01:57

Description:

Commercial property developer, Precinct Properties, says strong rental income and demand is boosting earnings even though property revaluation gains are slowing.

Michael Hill lifts profit but still 'disappointed'

Aug 16, 2019 00:01:08

Description:

A major spike in profit isn't enough to lift the jeweller, Michael Hill International, out of the retail doldrums.

Sky TV to tap into international rugby fans

Aug 16, 2019 00:02:09

Description:

The pay TV operator Sky Network Television is taking its sports strategy global, as it buys an international rugby streaming website for 40-million-US-dollars.

Manufacturing sector contracts for first time since 2012

Aug 16, 2019 00:01:28

Description:

The manufacturing sector contracted in July in what is the first monthly decline in seven years.

Markets Update for 16 August 2018

Aug 15, 2019 00:01:02

Description:

A brief update of movements in the financial sector.

Business News for 16 August 2019

Aug 15, 2019 00:09:19

Description:

News from the business sector, including a market report.

Early Business News for 16 August 2019

Aug 15, 2019 00:04:03

Description:

A brief update of movements in the financial sector.

Evening business for Thursday 15th August

Aug 15, 2019 00:03:02

Description:

News from the business sector, including a market report.

Midday Markets for 15 August 2019

Aug 15, 2019 00:02:11

Description:

For the latest from the markets we're joined by Andrew Cathie at Craigs Investment Partners.

IRD's crypto-tax move won't make it legit currency - expert

Aug 15, 2019 00:01:16

Description:

The tax department's move to impose tax on wages paid in cryptocurrency, isn't expected to encourage other regulators to recognise Bitcoin.

Heartland Bank reports solid profit

Aug 15, 2019 00:02:22

Description:

Financial services company, Heartland Bank, has reported a solid lift in its full-year profit driven by increased lending.

Markets Update for 15 August 2019

Aug 14, 2019 00:01:54

Description:

A brief update of movements in the financial sector.

Business News for 15 august 2019

Aug 14, 2019 00:08:13

Description:

News from the business sector, including a market report.

Early Business News for 15 August 2019

Aug 14, 2019 00:02:56

Description:

A brief update of movements in the financial sector.

Evening business for Wednesday 14 August

Aug 14, 2019 00:03:29

Description:

News from the business sector, including a market report.

Business briefs

Aug 14, 2019 00:00:23

Description:

Air New Zealand and Singapore Airlines are increasing capacity on services between Auckland and the city-state.

Midday Markets for 14 August 2019

Aug 14, 2019 00:02:19

Description:

For the latest from the markets we're joined by Melika King of Craigs Investment Partners.

Many NZ CEOs ambivalent about their plans for cyber-attack

Aug 14, 2019 00:01:24

Description:

More than half of New Zealand business leaders are ambivalent about how well-equipped they are to tackle a cyber-attack.

Medicinal cannabis company to build production facility

Aug 14, 2019 00:01:50

Description:

The listed medicinal cannabis company Cannasouth has formed a joint venture to build a production facility in the Waikato.

SkyCity sees challenging economic conditions to continue

Aug 14, 2019 00:02:01

Description:

The Auckland casino operator, SkyCity, has reported a largely steady result as it faces a cautious outlook.

Markets Update for 14 August 2019

Aug 13, 2019 00:01:24

Description:

A brief update of movements in the financial sector.

Business News for 14 August 2019

Aug 13, 2019 00:08:32

Description:

News from the business sector, including a market report.

Early Business News for 14 August 2019

Aug 13, 2019 00:03:10

Description:

A brief update of movements in the financial sector.

Evening business for Tuesday 13 August

Aug 13, 2019 00:04:10

Description:

News from the business sector, including a market report.

Midday Markets for 13 August 2019

Aug 13, 2019 00:02:46

Description:

For the latest from the markets we're joined by Belinda Stanley of Craigs Investment Partners.

First time home buyers to find it easier to get into the market

Aug 13, 2019 00:01:33

Description:

First time house buyers are expected to find it easier to get into the market, particularly in Auckland where house prices are expected to remain flat.

Earnings news

Aug 13, 2019 00:00:40

Description:

The stock market operator, NZX, says its first half net profit is up 46 percent as changes to its business begin to take effect.

Summerset profit falls, debt rises, as it plans expansion

Aug 13, 2019 00:01:55

Description:

The retirement village operator, Summerset Group, has posted a smaller first half profit, as property value gains eased, while it eyes a move into Australia.

PGG Wrightson profit boostd by asset sale gain

Aug 13, 2019 00:02:13

Description:

The country's biggest rural services company, PGG Wrightson, says life and business down on the farm is going through a tough phase.

Markets Update for 13 August 2019

Aug 12, 2019 00:01:20

Description:

A brief update of movements in the financial sector.

Business News for 13 August 2019

Aug 12, 2019 00:09:17

Description:

News from the business sector, including a market report.

Early Business News for 13 August 2019

Aug 12, 2019 00:02:56

Description:

A brief update of movements in the financial sector.

Evening business for Monday 12 August

Aug 12, 2019 00:03:09

Description:

News from the business sector, including a market report.

Business briefs

Aug 12, 2019 00:01:13

Description:

The Financial Markets Authority has moved to liquidate two businesses owned by a financial adviser under investigation by the Serious Fraud Office.

Midday Markets for 12 August 2019

Aug 12, 2019 00:02:41

Description:

For the latest from the markets we're joined by Melika King of Craigs Investment Partners.

Earnings news

Aug 12, 2019 00:00:59

Description:

The tourism and campervan company, Tourism Holdings, says a tax adjustment will push its full year net profit above the top end of its guidance range

Sale of two businesses helps Contact lift profit

Aug 12, 2019 00:02:42

Description:

The country's biggest power company, Contact Energy, has more than doubled its net profit for the year after some cost cutting and the shedding two of its businesses.

Fonterra expects to miss $800m debt reduction target

Aug 12, 2019 00:01:26

Description:

Fonterra's on track for another big loss and now admits it's going to miss its 800 million dollar debt reduction target.

Markets Update for 12 August 2019

Aug 11, 2019 00:01:15

Description:

A brief update of movements in the financial sector.

Business News for 12 August 2019

Aug 11, 2019 00:09:38

Description:

News from the business sector, including a market report.

Early Business News for 12 August 2019

Aug 11, 2019 00:03:16

Description:

A brief update of movements in the financial sector.

Evening business for 9 August 2019

Aug 9, 2019 00:04:09

Description:

News from the business sector, including a market report.

Business briefs

Aug 9, 2019 00:00:57

Description:

The casino operator, SkyCity Entertainment, says its Malta-based online gambling buisness, is now up and running.

Midday Markets for 9 August 2019

Aug 9, 2019 00:01:48

Description:

For the latest from the markets we're joined by Michael Grace of Jarden Securities.

Sunday shoppers are hardest to please

Aug 9, 2019 00:01:27

Description:

Sunday shoppers may be hard to please, but that doesn't stop them from heading out to the shops.

Conservative savers urged to diversify investments

Aug 9, 2019 00:02:02

Description:

The knock-on effect of record low, and possibly negative, interest rates, has sent a shockwave through the markets, but are also a concern for savers and people living on fixed-incomes.

More traffic a good sign for the economy

Aug 9, 2019 00:01:24

Description:

The economy is showing some positive signs -- if a measure of traffic movements is anything to go by.

Increasing numbers of NZers leaving long term

Aug 9, 2019 00:01:11

Description:

New Zealanders are leaving to live elsewhere in increasing numbers.

Markets Update for 9 August 2019

Aug 8, 2019 00:01:02

Description:

A brief update of movements in the financial sector.

Business News for 9 August 2019

Aug 8, 2019 00:08:28

Description:

News from the business sector, including a market report.

Early Business News for 9 August 2019

Aug 8, 2019 00:02:51

Description:

A brief update of movements in the financial sector.

Evening business for Thursday 8 August

Aug 8, 2019 00:03:37

Description:

News from the business sector, including a market report.

Company profit and forecasts

Aug 8, 2019 00:01:06

Description:

The New Zealand business of the Australian insurance company, IAG, has reported a 79 percent increase in full year profit from strong revenue growth.

Midday Markets for 8 August 2019

Aug 8, 2019 00:02:05

Description:

For the latest from the markets we're joined by Andrew Austin of Jaarden Securities.

Catching rockets mid-air a 'significant' cost for Rocket Lab

Aug 8, 2019 00:01:34

Description:

Rocket Lab says its plan to catch its rockets with a helicopter mid-air, as they descend back down to earth, will cost a significant amount.

Napier Port final price of $2.60 hits top end

Aug 8, 2019 00:02:03

Description:

Demand for a slice of Napier Port has been strong with the final share price reaching the top end of the range indicated.

AMP to ditch NZ as it doubles down on fixing Australian woes

Aug 8, 2019 00:02:22

Description:

The Australian-owned financial services giant AMP is looking again at selling its New Zealand business.

Markets Update for 8 August 2019

Aug 7, 2019 00:01:04

Description:

A brief update of movements in the financial sector.

Business News for 8 August 2019

Aug 7, 2019 00:08:16

Description:

News from the business sector, including a market report.

Early Business News for 8 August 2019

Aug 7, 2019 00:03:01

Description:

A brief update of movements in the financial sector.

Evening business for Wednesday 7 August

Aug 7, 2019 00:03:01

Description:

News from the business sector, including a market report.

Midday Markets for 7 August 2019

Aug 7, 2019 00:02:25

Description:

For the latest from the markets we're joined by Andrew Austin of Jarden Securities.

FMA to get tougher as its patience wears thin

Aug 7, 2019 00:01:32

Description:

The Financial Markets Authority's says its patience with businesses in the sector resisting change is wearing thin.

Fonterra to sell down stake in Beingmate

Aug 7, 2019 00:02:21

Description:

The dairy cooperative, Fonterra, is set to take further hefty losses in the Chinese infant formula manufacturer Beingmate as it moves to reduce its stake.

ASB posts 9th consecutive record profit

Aug 7, 2019 00:02:45

Description:

The country's number three retail bank, ASB, has posted its ninth consecutive record profit as its margins have shrunk and it's finding business more subdued.

Markets Update for 7 August 2019

Aug 6, 2019 00:01:24

Description:

A brief update of movements in the financial sector.

Business News for 7 August 2019

Aug 6, 2019 00:06:31

Description:

News from the business sector, including a market report.

Early Business News for 7 August 2019

Aug 6, 2019 00:03:37

Description:

A brief update of movements in the financial sector.

Evening business for Tuesday 6 August

Aug 6, 2019 00:04:42

Description:

News from the business sector, including a market report.

Midday markets for 6 August 2019

Aug 6, 2019 00:04:13

Description:

For the latest from the markets we're joined by Kyle Edmonds from Jarden Securities.

Television's days may be numbered as viewing habits change

Aug 6, 2019 00:02:21

Description:

Television's days may be numbered as the catchall word for catching up on the latest in news, entertainment and sport in the home.

Westpac remediation costs hit $7m

Aug 6, 2019 00:01:08

Description:

Westpac Bank will refund 1-point-3-million-dollars to around 60-thousand customers, after identifying another issue with its discounting.

Bigger than expected drop in the unemployment rate

Aug 6, 2019 00:01:56

Description:

The seasonally adjusted unemployment rate has dropped to 3-point-9 percent in the June quarter, which is the lowest rate in more than a decade, and compares with 4-point-2 percent in the first quarter.

Markets Update for 6 August 2019

Aug 5, 2019 00:01:24

Description:

A brief update of movements in the financial sector.

Business News for 6 August 2019

Aug 5, 2019 00:09:18

Description:

News from the business sector, including a market report.

Early Business News for 6 August 2019

Aug 5, 2019 00:03:30

Description:

A brief update of movements in the financial sector.

Evening business for Monday 5th August

Aug 5, 2019 00:03:30

Description:

News from the business sector, including a market report.

Midday Markets for 5 August 2019

Aug 5, 2019 00:02:37

Description:

For the latest from the markets we're joined by Michael Grace of Jarden Securities.

Central banks should lose inflation obsession

Aug 5, 2019 00:01:21

Description:

Central banks around the world need to lose their obsession about lifting inflation rates.

Investors prefer bank deposits to other investments

Aug 5, 2019 00:02:14

Description:

Many investors still prefer bank deposits over all other types of investments, despite record returns on investments in the sharemarket and mutual funds.

2Degrees enters second decade with ambition

Aug 5, 2019 00:01:33

Description:

The country's number three telecommunications company --2Degrees -- is promising to remain a disruptor and innovator in the sector as it enters its second decade.

Briscoe seeks out small profit gain in six months

Aug 5, 2019 00:01:45

Description:

The Briscoes Group expects a flat half year profit as it sees growth in sales offset by a squeeze on margins and costs.

Markets Update for 5 August 2019

Aug 4, 2019 00:00:43

Description:

A brief update of movements in the financial sector.

Business News for 5 August 2019

Aug 4, 2019 00:07:56

Description:

News from the business sector, including a market report.

Early Business News for 5 August 2019

Aug 4, 2019 00:02:48

Description:

A brief update of movements in the financial sector.

Evening business for Friday 2 August

Aug 2, 2019 00:04:01

Description:

News from the business sector, including a market report.

Midday Markets for 2 August 2019

Aug 2, 2019 00:02:08

Description:

For the latest from the markets we're joined by Grant Cotty Hobson Wealth Partners.

KiwiSaver funds boosted by booming market

Aug 2, 2019 00:01:38

Description:

Booming sharemarkets in major economies have lifted KiwiSaver fund returns.

Medical device developer raises $4.3m as it looks to go global

Aug 2, 2019 00:01:29

Description:

The company behind a medical device designed to help patients with gut diseases recover more quickly after surgery is looking to go global with its technology.

Comvita warning it will report a bigger full year loss

Aug 2, 2019 00:00:50

Description:

The honey producer and exporter, Comvita, is warning it will report a bigger full year loss in a couple of weeks partly because of the unrest and riots in Hong Kong.

Consumer confidence falls below historical average

Aug 2, 2019 00:01:38

Description:

Consumers have got the winter blues, with their confidence falling to the lowest in eight months on rising concerns about their long term outlook and the economy.

Markets Update for 2 August 2019

Aug 1, 2019 00:00:55

Description:

A brief update of movements in the financial sector.

Business News for 2 August 2019

Aug 1, 2019 00:07:46

Description:

Vodafone unveils the start of a 5G mobile network, but is it the real deal?  Are central banks being forced in policy moves they would rather not take. And the latest Pres. Trump Twitter outburst on trade unnerves markets.

Early Business News for 2 August 2019

Aug 1, 2019 00:02:39

Description:

An early look at the day's business news and a catch up on overnight action on global markets. 

Evening business for Thursday 1 August

Aug 1, 2019 00:04:14

Description:

News from the business sector, including a market report.

Midday Markets for 1 August 2019

Aug 1, 2019 00:02:50

Description:

For the latest from the markets we're joined by Ed Glennie of Hobson Wealth Partners.

Datacom sales grow 17 percent

Aug 1, 2019 00:01:33

Description:

The country's largest IT services provider, Datacom, has almost doubled its full year profit as it starts to make strides across the Tasman.

The Warehouse launches new shopping platform

Aug 1, 2019 00:01:41

Description:

The Warehouse hopes to capitalise on consumers' love of lifestyle labels with the launch of a 12-million-dollar online shopping platform.

Fed cut cements RBNZ move

Aug 1, 2019 00:01:08

Description:

The United States central bank -- the Federal Reserve -- has cut interest rates by a quarter of a percentage point.... as expected.

Vodafone 5G launch made possible by new owners

Aug 1, 2019 00:01:38

Description:

Vodafone will launch what it's calling a full 5-G mobile data network in four main centres come December, as it beats Spark to rolling out a commercial service.

Markets Update for 1 August 2019

Jul 31, 2019 00:01:24

Description:

A brief update of movements in the financial sector.

Business News for 1 August 2019

Jul 31, 2019 00:07:36

Description:

The Federal Reserve cuts rates. Business confidence dips deeper. Labour inspectors to target franchise businesses for labour law compliance. NZX not keen on mandatory diversity rules. Financial markets tumble after Fed decision.

Early Business News for 1 August 2019

Jul 31, 2019 00:02:58

Description:

A brief update of movements in the financial sector.

Evening Business for 31 July 2019

Jul 31, 2019 00:03:46

Description:

News from the business sector, including a market report.

Business briefs

Jul 31, 2019 00:00:16

Description:

Building products company Steel and Tube has affirmed its full year profit forecast for operating earnings of between 15-and-a-half million and 17-and-a-half million dollars.

Midday Markets for 31 July 2019

Jul 31, 2019 00:02:31

Description:

For the latest from the markets we're joined by Mark Fowler of Hobson Wealth Partners.

Consumers press pause on purchases of new electric vehicles

Jul 31, 2019 00:01:36

Description:

Would-be buyers of new electric vehicles are delaying their purchases, until the government's proposed rebate scheme is finalised, according to a leading car sales firm.

More women at the board table, but fewer as execs

Jul 31, 2019 00:01:46

Description:

Gender diversity at the board table of local listed companies has improved, but fewer women are becoming executives at the largest firms.

Vodafone may get jump on 5G network

Jul 31, 2019 00:01:16

Description:

Vodafone may be about to steal a march on its rivals with a move towards establishing a 5G mobile network.

Markets Update for 31 July 2019

Jul 30, 2019 00:00:52

Description:

A brief update of movements in the financial sector.

Business News for 31 July 2019

Jul 30, 2019 00:08:04

Description:

News from the business sector, including a market report.

Early Business News for 31 July 2019

Jul 30, 2019 00:02:35

Description:

A brief update of movements in the financial sector.

Evening Business for 30 July 2019

Jul 30, 2019 00:04:19

Description:

News from the business sector, including a market report.

Midday Markets for 30 July 2019

Jul 30, 2019 00:02:58

Description:

For the latest from the markets we're joined by Brad Gordon.

Dexibit's AI is being used by museums around the world

Jul 30, 2019 00:02:04

Description:

A New Zealand start up leading the way in using artificial intelligence to analyse what visitors see and do at museums is eyeing up its next lot of customers.

Record building consents in Akld

Jul 30, 2019 00:01:19

Description:

A record number of building consents have been issued in Auckland over the past year.

Weaker Aussie economy impacts Abano profit

Jul 30, 2019 00:01:47

Description:

Weaker economic conditions in Australia have seen more consumers skip the dentist and that's flowed through to Abano Healthcare's full year profit result.

Spark and Sky team up

Jul 30, 2019 00:01:15

Description:

Spark Sport has cut a deal with rival Sky Television to expand the broadcast coverage of the Rugby World Cup.

Markets Update for 30 July 2019

Jul 29, 2019 00:00:52

Description:

A brief update of movements in the financial sector.

Business News for 30 July 201

Jul 29, 2019 00:08:28

Description:

News from the business sector, including a market report.

Early Business News for 30 July 2019

Jul 29, 2019 00:02:30

Description:

A brief update of movements in the financial sector.

Evening business for Monday 29th July

Jul 29, 2019 00:04:36

Description:

News from the business sector, including a market report.

Business briefs

Jul 29, 2019 00:00:29

Description:

Another company has been warned for not meeting anti-money laundering law.

Midday Markets for 29 July 2019

Jul 29, 2019 00:02:41

Description:

For the latest from the markets we're joined by Brad Gordon.

Growing gig economy plans get-together

Jul 29, 2019 00:01:41

Description:

A growing number of independent workers -- those who go it alone on usually short term contracts -- have spawned a new industry aimed at supporting them.

CPTPP paying off for meat exporters

Jul 29, 2019 00:01:51

Description:

The revamped TPP agreement.. known now as the CPTPP, is paying off for the meat export industry.

Auckland Council to tempt APEC leaders to fund infrastructure

Jul 29, 2019 00:01:03

Description:

Auckland is being urged to prepare investment cases for significant projects which can be pitched to international investors.

High Court rejects directors liability challenge

Jul 29, 2019 00:01:11

Description:

The High Court has rejected an attempt by Dame Jenny Shipley and other directors of failed construction firm Mainzeal to challenge the way their liability for millions of dollars of losses was calculated.

Markets Update for 29 July 2019

Jul 28, 2019 00:00:49

Description:

A brief update of movements in the financial sector.

Business News for 29 July 2019

Jul 28, 2019 00:08:02

Description:

News from the business sector, including a market report.

Early Business News for 29 July 2019

Jul 28, 2019 00:02:51

Description:

A brief update of movements in the financial sector.

Evening Business for 26 July 2019

Jul 26, 2019 00:03:48

Description:

News from the business sector, including a market report.

Business briefs

Jul 26, 2019 00:00:34

Description:

Retailers here and in Australia lost 3-and-a-half billion dollars to theft in the year to June.

Midday Markets for 26 July 2019

Jul 26, 2019 00:02:12

Description:

For the latest from the markets we're joined by Belinda Stanley of Craigs Investment Partners.

Public Finance Act could be improved with better analysis

Jul 26, 2019 00:02:13

Description:

It's been 30 years since the government put its books in order and began accounting for its finances using commonly accepted ways of reporting accounts.

Metro Glass to focus more on customers and staff

Jul 26, 2019 00:01:06

Description:

The country's biggest glass maker Metro Performance Glass says a renewed focus on customers and staff will put it in a better position to improve future earnings.

Foreign property buying falls away

Jul 26, 2019 00:00:58

Description:

The number of foreigners buying local houses has fallen sharply as restrictions on overseas ownership have hit.

Markets Update for 26 July 2019

Jul 25, 2019 00:01:38

Description:

A brief update of movements in the financial sector.

Business News for 26 July 2019

Jul 25, 2019 00:09:00

Description:

News from the business sector, including a market report.

Early Business News for 26 July 2019

Jul 25, 2019 00:02:47

Description:

A brief update of movements in the financial sector.

Evening business for Thursday 25 July

Jul 25, 2019 00:03:21

Description:

News from the business sector, including a market report.

Business briefs

Jul 25, 2019 00:00:20

Description:

Sky Television is ditching Fan Pass and replacing it with Sky Sport Now app.

Midday Markets for 25 July 2019

Jul 25, 2019 00:02:13

Description:

For the latest from the markets we're joined by Belinda Stanley of Craigs Investment Partners.

'Failures do happen' - FMA response to falling recognition

Jul 25, 2019 00:01:31

Description:

The Financial Markets Authority says public expectations of what it and the Reserve Bank can do to keep the financial system safe are probably too high.

Westpac expects Reserve Bank to cut OCR twice this year

Jul 25, 2019 00:01:48

Description:

Westpac expects the Reserve Bank will cut the official cash rate at least twice before the end of the year.

Ryman says 1qtr satisfactory with development weighted to 2qrt

Jul 25, 2019 00:01:25

Description:

Meanwhile, the biggest company in the sector, Ryman Healthcare, has laid out plans for a major expansion to cope with a rising boom of retirees needing housing and healthcare.

Oceania year profit dips, aims for higher margin returns

Jul 25, 2019 00:01:41

Description:

A lift in interest costs and a dip in revenue from redevelopment activity have seen a small drop in the full year underlying profit of the country's third largest rest home operator.

Markets Update for 25 July 2019

Jul 24, 2019 00:01:32

Description:

A brief update of movements in the financial sector.

Business News for 25 July 2019

Jul 24, 2019 00:08:17

Description:

News from the business sector, including a market report.

Early Business News for 25 July 2019

Jul 24, 2019 00:02:46

Description:

A brief update of movements in the financial sector.

Evening Business for 24 July 2019

Jul 24, 2019 00:03:17

Description:

News from the business sector, including a market report.

NZ trade deficit narrows in June

Jul 24, 2019 00:00:24

Description:

The country's annual trade deficit has narrowed to its lowest level in nearly a year as imports fell.

Midday Markets for 24 July 2019

Jul 24, 2019 00:03:30

Description:

For the latest from the markets we're joined by Keith Ferguson from Craigs Investment Partners.

Treasury recommends free cash for households, lower tax rates

Jul 24, 2019 00:00:59

Description:

Treasury says the government will need more than unconventional monetary policy to stimulate the economy if it turns sour.

Investor confidence drops against rising economic concerns

Jul 24, 2019 00:01:04

Description:

Questions and controversy about the conduct and culture of financial institutions and rising global economic concerns don't appear to have significantly affected investor confidence.

Harmoney makes maiden profit

Jul 24, 2019 00:01:34

Description:

The online peer-to-peer money lender, Harmoney, has made a maiden profit.

Markets Update for 24 July 2019

Jul 23, 2019 00:01:17

Description:

A brief update of movements in the financial sector.

Business News for 24 July 2019

Jul 23, 2019 00:09:55

Description:

News from the business sector, including a market report.

Early Business News for 24 July 2019

Jul 23, 2019 00:02:59

Description:

A brief update of movements in the financial sector.

Business briefs

Jul 23, 2019 00:00:44

Description:

The receivers of Ebert Construction have gathered another half-a-million-dollars to distribute to subcontractors, through goods and services tax the company was owed.

Midday Markets for 23 July 2019

Jul 23, 2019 00:01:58

Description:

For the latest from the markets we're joined by Belinda Stanley from Craigs Investment Partners.

Sky moves to wind up My Box

Jul 23, 2019 00:00:39

Description:

The pay TV operator, Sky Network Television, has moved to liquidate a business that it sued last year.

Dissatisfaction with work impacts general life and health

Jul 23, 2019 00:01:23

Description:

Dissatisfied workers are also less satisfied with their life and have poorer health, in line with the outcomes for unemployed people.

FMA to increase scrutiny of insurance and banking sectors

Jul 23, 2019 00:01:03

Description:

The Financial Markets Authority plans to increase its scrutiny of the conduct and culture of financial services firms and listed companies over the next year.

Electricity Authority revives transmission pricing

Jul 23, 2019 00:01:12

Description:

The Electricity Authority has revived a proposal to revamp the costs of distributing power around the country, which it says will save the country billions of dollars..

Markets Update for 23 July 2019

Jul 22, 2019 00:00:58

Description:

A brief update of movements in the financial sector.

Business News for 23 July 2019

Jul 22, 2019 00:08:35

Description:

Meridian looks at the impact of climate change on its business. Horticultural investor looks to convert dairy farms into orchards. Tensions in Straits of Hormuz might lift NZ fuel prices. Financial markets bide time ahead of earnings and likely rate cut.  

Early Business News for 23 July 2019

Jul 22, 2019 00:03:27

Description:

An early look at the day's business news, and a catch up on overnight action on global financial markets.

Evening business for 22 July 2019

Jul 22, 2019 00:03:17

Description:

News from the business sector, including a market report.

Business briefs

Jul 22, 2019 00:00:41

Description:

The national power grid operator Transpower is warning its revenue may be hit by as much as 110-million dollars over the next five years because of proposed Commerce Commission controls on what it can earn from various assets.

Midday Markets for 22 July 2019

Jul 22, 2019 00:02:30

Description:

For the latest from the markets we're joined by Melika King from Craigs Investment Partners.

Businesses won't abandon Instagram as it hides likes - expert

Jul 22, 2019 00:01:32

Description:

Businesses aren't expected to abandon Instagram as a marketing platform, as it moves to hide likes.

Building industry says accord has improved cooperation

Jul 22, 2019 00:01:19

Description:

The building industry says an accord with the government is leading to a narrowing of differences and greater co-operation within the sector.

Online identification 'burden' of anti-money laundering law

Jul 22, 2019 00:01:31

Description:

The burden of identifying customers and investigating their background is proving the biggest bane for new firms covered by anti-money laundering laws.

Employees asking for big wage increases this year

Jul 22, 2019 00:01:28

Description:

Increasing tension over wage demands looks likely in the coming year, if a new survey is anything to go by.

Markets Update for 22 July 2019

Jul 21, 2019 00:01:04

Description:

A brief update of movements in the financial sector.

Business News for 22 July 2019

Jul 21, 2019 00:08:00

Description:

News from the business sector, including a market report.

Early Business News for 22 July 2019

Jul 21, 2019 00:02:46

Description:

A brief update of movements in the financial sector.

Evening business for 19 July 2019

Jul 19, 2019 00:03:44

Description:

News from the business sector, including a market report.

Midday Markets for 19 July 2019

Jul 19, 2019 00:01:30

Description:

For the latest from the markets we're joined by Andrew Austin of Jarden Securities.

Open banking increases hacking risk

Jul 19, 2019 00:01:35

Description:

FintechNZ is urging big and small businesses to report cybercrimes as advances in open banking increase the risk of attacks by hackers.

Free building standards eliminate industry aggravation

Jul 19, 2019 00:01:42

Description:

The building industry says a government decision to make a large number of building standards freely available is a positive sign that the construction sector accord is working.

Growth prospects for NZ mediocre - Infometrics

Jul 19, 2019 00:01:39

Description:

Little benefit is expected to be felt in the economy by a boost in government spending and further rate cutes by the Reserve Bank.

Failed AMP, Resolution deal their own fault - RBNZ

Jul 19, 2019 00:01:06

Description:

The Reserve Bank says the collapse of the sale of AMP's life insurance business to a British company is the fault of the companies.

Markets Update for 19 July 2019

Jul 18, 2019 00:01:08

Description:

A brief update of movements in the financial sector.

Business News for 19 July 2019

Jul 18, 2019 00:07:55

Description:

News from the business sector, including a market report.

Early Business News for 19 July 2019

Jul 18, 2019 00:02:41

Description:

A brief update of movements in the financial sector.

Midday Markets for 18 July 2019

Jul 18, 2019 00:02:20

Description:

For the latest from the markets we're joined by Michael Grace of Jarden Securities.

Approach to tackling digital exclusion single-minded - advisor

Jul 18, 2019 00:01:17

Description:

A technology advisory group says more needs to be done to bridge the digital divide.

Fonterra is accelerating plans to cut coal emissions

Jul 18, 2019 00:02:10

Description:

Fonterra is speeding up plans to reduce and ultimately scrap use of coal.

Markets Update for 18 July 2019

Jul 17, 2019 00:02:03

Description:

A brief update of movements within the financial sector.

Business News for 18 July 2019

Jul 17, 2019 00:08:37

Description:

News from the business sector, including a market report.

Early Business News for 18 July 2019

Jul 17, 2019 00:02:35

Description:

A brief update of movements in the financial sector.

Evening business for Wednesday 17 July

Jul 17, 2019 00:05:44

Description:

News from the business sector, including a market report.

Business briefs

Jul 17, 2019 00:00:34

Description:

The Commerce Commission has laid 13 charges against subsidiaries of the telecommunications company Vocus.

Midday Markets for 17 July 2019

Jul 17, 2019 00:02:07

Description:

For the latest from the markets we're joined by .... Andrew Austin from Jarden Securities.

World Emoji Day comes with warning for people in the workplace

Jul 17, 2019 00:01:35

Description:

It's world Emoji Day -- but not everyone at work will be pleased to share a happy face.

KiwisSaver fund lets investors divert some fees to charities

Jul 17, 2019 00:01:34

Description:

A small Kiwi Saver provider is using its ethical credentials to attract younger investors and support good works.

Govt's relaxation on renewable electricity target welcomed

Jul 17, 2019 00:01:40

Description:

The government is preferring to keep a lid on power prices rather than trying to produce every last megawatt from renewable electricity.

Markets Update for 17 July 2019

Jul 16, 2019 00:01:04

Description:

A brief update of movements in the financial sector.

Business News for 17 July 2019

Jul 16, 2019 00:07:30

Description:

Soft inflation backs view of more RBNZ rates cuts, but is the central bank headed into uncharted waters. Cutting red tape and costs for small businesses. Ethical Kiwisaver scheme aims for young investors. Latest from financial markets.  

Early Business News for 17 July 2019

Jul 16, 2019 00:02:51

Description:

A brief update of movements in the financial sector.

Evening business for Tuesday 16 July

Jul 16, 2019 00:04:53

Description:

News from the business sector, including a market report.

Midday Markets for 16 July 2019

Jul 16, 2019 00:02:00

Description:

For the latest from the markets we're joined by Kyle Edmonds of Jarden Securities.

US Treasury head douses crypto currencies

Jul 16, 2019 00:01:03

Description:

A day before the head of Facebook's crypto currency business appears before United States lawmakers, the administration's Treasury Secretary has raised serious doubts about the rise of digital money.

Napier Port expects log volume growth to flatten off

Jul 16, 2019 00:01:37

Description:

The sudden dive in log export prices has prompted Napier Port to forecast softer growth in the volumes of logs moving through the port.

Spike in fuel prices and rising rents push up inflation

Jul 16, 2019 00:01:50

Description:

Consumers paying higher prices at the fuel pump and more in rent have helped edge up inflation in line with market expectations.

Markets Update for 16 June 2019

Jul 15, 2019 00:01:22

Description:

A brief update of movements in the financial sector.

Business News for 16 July 2019

Jul 15, 2019 00:07:31

Description:

Port of Napier unveils share float pricing, and hopes for strong local participation. NZ Super Fund looks for tourism investments after backing hotel venture. Global markets flat after soft China data. 

Early Business News for 16 July 2019

Jul 15, 2019 00:02:37

Description:

An early look at the day's business news, and a catch up on overnight action on financial markets.

Evening business for Monday 15 July

Jul 15, 2019 00:03:58

Description:

News from the business sector, including a market report.

Midday Markets for 15 July 2019

Jul 15, 2019 00:02:03

Description:

For the latest from the markets we're joined by Michael Grace of Jarden Securities.

King Salmon hopes Cook Strait move will gain support

Jul 15, 2019 00:01:33

Description:

Marlborough fish farmer, King Salmon, is optimistic its bid to move into the Cook Strait will win over the company's critics.

Ross investors chasing ANZ Bank for millions

Jul 15, 2019 00:02:06

Description:

A group of investors in the failed Ross Asset Management hopes to recover millions from the ANZ bank.

Softening in services sector suggests GDP growth to fall near 1 percent

Jul 15, 2019 00:01:50

Description:

The services sector softened in June, wiping all of the previous month's gains to suggest yet another sign of a slowing economy.

AMP Life sale in jeopardy after regulator refuses to approve deal

Jul 15, 2019 00:01:15

Description:

The sale of AMP's New Zealand and Australia life insurance businesses to a British company is in jeopardy after the RBNZ refused to give its approval.

Markets Update for 15 July 2019

Jul 14, 2019 00:00:52

Description:

A brief update of movements in the financial sector.

Business News for 15 July 2019

Jul 14, 2019 00:07:41

Description:

News from the business sector, including a market report.

Evening business for Friday 12 July

Jul 12, 2019 00:03:16

Description:

News from the business sector, including a market report.

Midday Markets for 12 July 2019

Jul 12, 2019 00:02:14

Description:

For the latest from the markets we're joined by Grant Cotty of Hobson Wealth Partners.

Infratil plans to put capital work in existing portfolio

Jul 12, 2019 00:01:23

Description:

The acquisition of Vodafone New Zealand by infrastructure investor, Infratil, and Canadian investor Brookfield has been completed in double quick time.

Aged care facing future as 'honeypot' for rich retirees

Jul 12, 2019 00:01:57

Description:

Retirement villages may be pricing themselves out of the reach of a growing number of the elderly, according to a new report.

House sales drop as prices keep rising

Jul 12, 2019 00:01:31

Description:

A cooling housing market is generating investment opportunities while making it easier for first-time buyers with a deposit to get into the market.

Manufacturing gets lift but employment turns sour

Jul 12, 2019 00:01:47

Description:

Manufacturing activity has picked up slightly but the sector's job intentions appears to have soured.

Markets Update for 12 July 2019

Jul 11, 2019 00:00:51

Description:

A brief update of movements in the financial sector.

Business News for 12 July 2019

Jul 11, 2019 00:08:13

Description:

News from the business sector, including a market report.

Early Business News for 12 July 2019

Jul 11, 2019 00:02:50

Description:

A brief update of movements in the financial sector.

Evening Business for Thursday 11th July

Jul 11, 2019 00:03:11

Description:

News from the business sector, including a market report.

Midday Markets for 11 July 2019

Jul 11, 2019 00:01:51

Description:

For the latest from the markets we're joined by Mark Fowler of Hobson Wealth Partners.

Fed Reserve head gives rate cut signal

Jul 11, 2019 00:01:48

Description:

The Federal Reserve now looks almost certain to cut its benchmark interest rate later this month.

Strong demand for commercial property, but retail is patchy

Jul 11, 2019 00:00:49

Description:

Strong demand for office and industrial property is driving up rents but the situation is mixed for retail properties amid tough trading conditions.

Infratil gets clearance to buy stake in Vodafone

Jul 11, 2019 00:02:00

Description:

The infrastructure investor, Infratil, has the all clear to buy a half share of Vodafone New Zealand, without needing to sell its stake in Trustpower.

Michael Hill underpaying staff for six years

Jul 11, 2019 00:00:54

Description:

Michael Hill International has found it's been underpaying its workers in Australia for six years.

Banks' mortgage lending dips lower

Jul 11, 2019 00:01:57

Description:

Amid a rapidly evolving regulatory landscape the banking sector is having no trouble growing its profits despite a dip in mortgage lending rates.

Markets Update for 11 June 2019

Jul 10, 2019 00:01:58

Description:

A brief update of movements in the financial sector.

Business News for 11 June 2019

Jul 10, 2019 00:08:40

Description:

Inland Revenue changes interest rates and is accused of lining its pockets at taxpayers' expense. Commercial rents rise as property values lift. One person businesses need friends. Financial markets lifted by US rate cut hints.

Early Business News for 11 July 2019

Jul 10, 2019 00:03:20

Description:

An early look at the day's business news and overnight action on global financial markets.

Evening business for 10 July 2019

Jul 10, 2019 00:04:49

Description:

News from the business sector, including a market report.

Business briefs

Jul 10, 2019 00:00:23

Description:

The used car dealer, 2 Cheap Cars, has been fined 438-thousand dollars for breaches of the Fair Trading Act.

Midday Markets for 10 July 2019

Jul 10, 2019 00:02:18

Description:

For the latest from the markets we're joined by Grant Cotty of Hobson Wealth Partners.

Demand for carbon credits a cushion for forestry owners

Jul 10, 2019 00:01:38

Description:

Demand for carbon credits could cushion the blow for forestry owners following a sharp and sudden drop in the price of logs.

NZ Oil & Gas shareholders urged to accept takeover offer

Jul 10, 2019 00:01:20

Description:

The majority shareholder of New Zealand Oil & Gas is offering to takeover the company at a 25 percent premium to yesterday's closing price.

Bendon owner eyes options to improve its finances

Jul 10, 2019 00:01:17

Description:

Bendon lingerie is looking to sell some of its brands as its future becomes uncertain.

Falling Auckland house prices a drag on national growth

Jul 10, 2019 00:01:29

Description:

National house price growth is continuing to slow dragged down by a drop in the value of Auckland house prices.

IRD botches BNZ data handling

Jul 10, 2019 00:00:54

Description:

As many as 45,000 Bank of New Zealand customers have been affected by a mistake in Inland Revenue's handling of information, which may land some of them with incorrect tax bills.

Markets Update for 10 July 2019

Jul 9, 2019 00:00:59

Description:

A brief update of movements in the financial sector.

Business News for 10 July 2019

Jul 9, 2019 00:08:50

Description:

News from the business sector, including a market report.

Early Business News for 10 July 2019

Jul 9, 2019 00:02:18

Description:

A brief update of movements in the financial sector.

Evening business for Tuesday 9 July

Jul 9, 2019 00:05:43

Description:

News from the business sector, including a market report.

Midday Markets for 9 July 2019

Jul 9, 2019 00:02:29

Description:

For the latest from the markets we're joined by Mark Fowler of Hobson Wealth.

Report suggests responsible investing could be compulsory

Jul 9, 2019 00:01:42

Description:

Adhering to responsible investing principles is expected to become a mandatory practice for fund managers in future rather than just a nice-to-have for clients.

Downturn in log prices expected to be shortlived

Jul 9, 2019 00:01:32

Description:

One of New Zealand's largest forestry companies expects log prices will bounce back, with demand for building materials still strong in the Asia Pacific region.

Insurance Council supports changes to disclosure rules

Jul 9, 2019 00:01:49

Description:

Tower Insurance is easing the pressure on customers to reveal all information that could affect their claim.

Markets Update for 9 July 2019

Jul 8, 2019 00:01:15

Description:

A brief update of movements in the financial sector.

Business News for 9 July 2019

Jul 8, 2019 00:07:50

Description:

News from the business sector, including a market report.

Early Business News for 9 July 2019

Jul 8, 2019 00:02:57

Description:

A brief update of movements in the financial sector.

Evening business for 8 July 2019

Jul 8, 2019 00:03:17

Description:

News from the business sector, including a market report.

Midday Markets for 8 July 2019

Jul 8, 2019 00:03:18

Description:

With the latest from the markets is Ed Glennie from Hobson Wealth Partners.

Venture Investment fund getting ready to invest

Jul 8, 2019 00:01:32

Description:

The Venture Investment Fund is getting ready to manage and distribute the 300 million dollars voted in this year's budget to support technology companies.

Customer concerns about power bills dominate complaints

Jul 8, 2019 00:01:35

Description:

The Utilities Disputes Service says complaints about energy bills continue to stream in although the industry is doing better at dealing with customer concerns.

Solar farm would save Refining NZ $4m a year

Jul 8, 2019 00:01:33

Description:

Refining New Zealand is considering building a solar farm next to its Marsden Point refinery to reduce its emissions and cut power costs.

Markets Update for 8 June 2019

Jul 7, 2019 00:01:37

Description:

A brief update of movements in the financial sector.

Business News for 8 July 2019

Jul 7, 2019 00:08:52

Description:

News from the business sector, including a market report.

Early Business News for 8 July 2019

Jul 7, 2019 00:03:11

Description:

A brief update of movements in the financial sector.

Evening business for Friday 5 July

Jul 5, 2019 00:05:41

Description:

News from the business sector, including a market report.

Business briefs

Jul 5, 2019 00:00:45

Description:

Air New Zealand has won a new contract to overhaul engines for the US navy, worth about 25 million dollars.

Midday Markets for 5 July 2019

Jul 5, 2019 00:02:22

Description:

For the latest from the markets we're joined by Melika King of Craigs Investment Partners.

AFT signs new deal but maintains profit guidance

Jul 5, 2019 00:01:48

Description:

Drug company AFT Pharmaceuticals has signed a licensing deal potentially worth more than 10 million US dollars although it's held back lifting its profit forecast.

Co-op structure no discredited by Westland sale

Jul 5, 2019 00:01:58

Description:

The sale of the troubled Westland Dairy company to a Chinese company shouldn't be seen as a negative for the co-operative business structure, according to an industry group.

Fonterra has no explanation for share sell-out

Jul 5, 2019 00:02:38

Description:

The dairy giant Fonterra says there's no reason why its share price fell to record lows this week.

Markets Update for 5 July 2019

Jul 4, 2019 00:00:47

Description:

A brief update of movements in the financial sector.

Business News for 5 July 2019

Jul 4, 2019 00:08:07

Description:

News from the business sector, including a market report.

Early Business News for 5 July 20198

Jul 4, 2019 00:02:31

Description:

A brief update of movements in the financial sector.

Evening Business for 4 July 2019

Jul 4, 2019 00:05:01

Description:

News from the business sector, including a market report.

Business briefs,

Jul 4, 2019 00:00:32

Description:

The rural services firm P-G-G Wrightson has spelled out how it plans to return of 234-million-dollars from the sale of its seeds business to shareholders.

Midday Markets for 4 July 2019

Jul 4, 2019 00:01:45

Description:

For the latest from the markets we're joined by Melika King of Craigs Investment Partners.

Fear lower interest rates could see investors take more risks

Jul 4, 2019 00:02:24

Description:

Interest rates are low and picked to go even lower raising concerns that it will drive people to look at riskier options to chase higher returns.

Fall in export earnings should be short-lived - economist

Jul 4, 2019 00:01:23

Description:

Commodity prices are expected to improve in the near term but the strength of the New Zealand dollar is taking the gloss off returns.

Shareholder Association wants review of FMA over CBL saga

Jul 4, 2019 00:02:01

Description:

The Shareholder's Association hopes the Reserve Bank has learned its lesson from the collapse of CBL Insurance.

Markets Update for 4 July 2019

Jul 3, 2019 00:00:45

Description:

A brief update of movements in the financial sector.

Business News for 4 July 2019

Jul 3, 2019 00:09:03

Description:

News from the business sector, including a market report.

Early Business News for 4 July 2019

Jul 3, 2019 00:02:53

Description:

A brief update of movements in the financial sector.

Evening business for Wednesday 3 July

Jul 3, 2019 00:05:17

Description:

News from the business sector, including a market report.

Midday Markets for 3 July 2019

Jul 3, 2019 00:01:33

Description:

For the latest from the markets we're joined by Andrew Cathie of Craigs Investment Partners.

RBA cuts rates, tax cuts likely to follow

Jul 3, 2019 00:01:24

Description:

The Reserve Bank of Australia cut its benchmark cash rate yesterday to a record low 1 percent as it sought to give the sluggish Australian economy a shot in the arm.

Insulation requirement sees landlords throw in the towel

Jul 3, 2019 00:01:32

Description:

Some property investors have thrown in the towel, as the requirement to insulate their rentals comes into effect.

Superannuation expert questions merit of policy review

Jul 3, 2019 00:01:53

Description:

A supernanuation expert says the retirement commissioner's review of policy settings this year will be ineffective.

RBNZ says will accept CBL report in full

Jul 3, 2019 00:01:27

Description:

The Reserve Bank says it will accept all the recommendations of a review into how it handled the supervision and subsequent collapse of CBL Insurance.

Markets Update for 3 July 2019

Jul 2, 2019 00:00:51

Description:

A brief update of movements in the financial sector.

Business News for 3 July 2019

Jul 2, 2019 00:08:24

Description:

News from the business sector, including a market report.

Early Business News for 3 July 2019

Jul 2, 2019 00:02:10

Description:

A brief update of movements in the financial sector.

Evening Business for Tuesday 2nd July

Jul 2, 2019 00:05:37

Description:

News from the business sector, including a market report.

Business briefs

Jul 2, 2019 00:00:46

Description:

Listed gold miner New Talisman has raised nearly three-quarters of a million dollars from local and Australian investors.

Midday Markets for 2 July 2019

Jul 2, 2019 00:02:17

Description:

For the latest from the markets we're joined by Melika King of Craigs Investment Partners.

KiwiSaver must focus on youngest workers next - ASB

Jul 2, 2019 00:01:41

Description:

Changes to KiwiSaver now mean people 65 and over can join the scheme, although they don't get tax breaks and employers aren't obliged to to make contributions.

Public support for RBNZ capital plan questioned

Jul 2, 2019 00:01:12

Description:

Support for the Reserve Bank's proposal to make banks hold more capital has largely come from the general public.

Home consents reach 45 year high

Jul 2, 2019 00:00:54

Description:

The number of consents for new homes issued in May rocketed to its highest level in 45 years.

Business confidence dips to decade low

Jul 2, 2019 00:01:56

Description:

Softer domestic demand and a gloomy outlook offshore has seen business confidence dip to its lowest level in 10 years with manufacturers struggling the most.

Markets Update for 2 July 2019

Jul 1, 2019 00:00:51

Description:

A brief update of movements in the financial sector.

Business News for 2 July 2019

Jul 1, 2019 00:07:12

Description:

News from the business sector, including a market report.

Early Business News for 2 July 2019

Jul 1, 2019 00:02:29

Description:

A brief update of movements in the financial sector.

Evening business for Monday 1 July

Jul 1, 2019 00:04:45

Description:

News from the business sector, including a market report.

Midday Markets for 1 July 2019

Jul 1, 2019 00:01:44

Description:

For the latest from the markets we're joined by Andrew Cathie of Craigs Investment Partners.

Bakers getting ready to compete in national pie competition

Jul 1, 2019 00:01:58

Description:

Entries closed last week for the annual New Zealand Pie of the Year award.

Fonterra pulls plug on venture capital division

Jul 1, 2019 00:01:39

Description:

Fonterra has scaled back its venture capital programme, to focus on sectors it's already pursuing.

Abano reaffirms lowered guidance, to focus on NZ

Jul 1, 2019 00:01:41

Description:

Dental practice owner Abano Healthcare is considering changing its asset mix and capital structure.

Softer retail demand impacts Smiths City

Jul 1, 2019 00:01:39

Description:

Furniture and appliance retailer Smiths City has trimmed its losses but has seen its revenue fall as it closed stores to counter softer consumer demand.

Markets Update for 1 July 2019

Jun 30, 2019 00:00:42

Description:

A brief update of movements in the financial sector.

Business News for 1 July 2019

Jun 30, 2019 00:07:26

Description:

News from the business sector, including a market report.

Early Business News for 1 June 2019

Jun 30, 2019 00:02:39

Description:

A brief update of movements in the financial sector.

Evening business for Friday 28th June

Jun 28, 2019 00:03:38

Description:

News from the business sector, including a market report.

Business briefs

Jun 28, 2019 00:00:28

Description:

The Commerce Commision is taking a Wellington finance company to court, accusing it of charging borrowers unreasonable fees for the past 6 years.

Midday Markets for 28 June 2019

Jun 28, 2019 00:02:31

Description:

For the latest from the markets we're joined by Andrew Austin of Jarden Securities.

Directors cautioned against inadequate insurance

Jun 28, 2019 00:01:25

Description:

Company directors are being warned to make sure their insurance coverage lines up with the heightened risks they face from tougher regulations.

Napier Port staff offered interest-free loan for shares

Jun 28, 2019 00:01:51

Description:

Napier Port staff are being offered interest-free loans to buy shares in the company's planned partial float.

Consumer confidence has improved marginally

Jun 28, 2019 00:01:16

Description:

Consumer confidence has improved marginally as people say they are better off financially off now and more optimistic about how they will be in a year's time.

Fonterra sells stake in German food business

Jun 28, 2019 00:01:48

Description:

Fonterra has sold its stake in the German nutrition maker Foodspring for a 64-million-dollars gain.

Markets Update for 28 June 2019

Jun 27, 2019 00:00:48

Description:

A brief update of movements in the financial sector.

Business News for 28 June 2019

Jun 27, 2019 00:08:29

Description:

News from the business sector, including a market report.

Early Business News 28 June 2019

Jun 27, 2019 00:02:54

Description:

A brief update of movements in the financial sector.

Evening business for Thursday 27 June

Jun 27, 2019 00:04:38

Description:

News from the business sector, including a market report.

Business briefs

Jun 27, 2019 00:00:35

Description:

The Financial Markets Authority says the New Zealand stock exchange has improved in areas of previous concern.

Midday Markets for 27 June 2019

Jun 27, 2019 00:02:18

Description:

For the latest from the markets we're joined by Michael Grace of Jarden Securities.

Details of two private investment deals released

Jun 27, 2019 00:01:00

Description:

A couple of private investment deals have been unveiled this morning.

NZ fintech risks getting left behind without strategy

Jun 27, 2019 00:01:44

Description:

The financial technology industry fears the country risks getting left behind in the development and adoption of new services and systems.

Outgoing Spark CEO says telco competition is 'remarkable'

Jun 27, 2019 00:01:37

Description:

The outgoing chief executive of Spark says there's plenty of competition in the telecommunciations sector.

Markets Update for 27 June 2019

Jun 26, 2019 00:00:47

Description:

A brief update of movements in the financial sector.

Business News for 27 June 2019

Jun 26, 2019 00:10:05

Description:

News from the business sector, including a market report.

Early Business News for 27 June 2019

Jun 26, 2019 00:02:08

Description:

A brief update of movements in the financial sector.

Evening business for Wednesday 26 June

Jun 26, 2019 00:04:32

Description:

News from the business sector, including a market report.

Business briefs

Jun 26, 2019 00:00:50

Description:

Tilt Renewables is reviewing its ownership of a wind farm in south Australia.

Midday Markets for 26 June 2019

Jun 26, 2019 00:02:19

Description:

For the latest from the markets we're joined by Andrew Austin of Jarden Securities.

IMF sees growing risks to NZ but says leeway to cope

Jun 26, 2019 00:01:47

Description:

The International Monetary Fund says the economy is performing at a slower level, but still solidly, and should pick up going into next year.

Survey finds gaps in retentions regime compliance

Jun 26, 2019 00:02:08

Description:

The high profile collapse of several large construction companies, seems to be leading to firms taking on less risk, and taking steps to comply with laws to protect subcontractors' payments.

Fletcher Building returns to vertical construction sector

Jun 26, 2019 00:02:25

Description:

The country's largest construction firm Fletcher Building is going to start bidding for major commercial projects again, but says it won't allow a repeat of the mistakes that cost close to a billion dollars in recent years.

Markets Update for 26 June 2019

Jun 25, 2019 00:00:51

Description:

A brief update of movements in the financial sector.

Business News for 26 June 2019

Jun 25, 2019 00:08:59

Description:

News from the business sector, including a market report.

Early Business News for 26 June 2019

Jun 25, 2019 00:02:55

Description:

A brief update of movements in the financial sector.

Evening business for Tuesday 25th June

Jun 25, 2019 00:04:18

Description:

News from the business sector, including a market report.

Business briefs

Jun 25, 2019 00:00:12

Description:

The country has posted its third consecutive monthly trade surplus leading to a slight narrowing of the annual deficit.

Midday Markets for 25 June 2019

Jun 25, 2019 00:02:19

Description:

For the latest from the markets we're joined by Kyle Edmonds of Jarden Securities.

New platform lays out KiwiSaver investment sins

Jun 25, 2019 00:01:33

Description:

KiwiSaver members can now find out whether their savings have gone into investments they might consider untoward.

Arvida snaps up 3 retirement villages from family business

Jun 25, 2019 00:01:50

Description:

The retirement village operator Arvida is buying three villages from the family-owned business Sanderson Group for 180-million-dollars.

Perceptions of job market fall in latest employment poll

Jun 25, 2019 00:01:51

Description:

Employment confidence has risen on the back of higher wages but there are concerns that the job market may be softening.

OECD gives NZ good report card, but could do better

Jun 25, 2019 00:01:52

Description:

The Organisation for Economic Co-operation and Development -- the developed nations club -- has given New Zealand a solid report card for economic performance and backed its move to a wellbeing budget and policies.

Markets Update for 25 June 2019

Jun 24, 2019 00:00:54

Description:

A brief update of movements in the financial sector.

Business News for 25 June 2019

Jun 24, 2019 00:08:19

Description:

News from the business sector, including a market report.

Early Business News for 25 June 2019

Jun 24, 2019 00:02:19

Description:

A brief update of movements in the financial sector.

Business briefs

Jun 24, 2019 00:00:23

Description:

Power company Meridian says its Australian retail business, Powershop, has struck a deal with the online shopping operator Kogan to provide retail electricity and gas services to domestic households.

Midday Markets for 24 June 2019

Jun 24, 2019 00:02:46

Description:

For the latest from the markets we're joined by Michael Grace of Jarden Securities.

Fuel50 achieves stellar growth for angel investors

Jun 24, 2019 00:01:46

Description:

A software developer showing strong growth in the United States is looking for further investment to expand.

Tourism Holdings gets $30m from Chinese shareholder

Jun 24, 2019 00:02:28

Description:

Tourism Holdings is raising 80-million-dollars to reinforce its balance sheet, as it confirms pressure on its profits.

ANZ asked to prove its abiding by the rules

Jun 24, 2019 00:02:01

Description:

The Reserve Bank has asked ANZ to prove its capital models are operating the way they should and that the bank is being run in line with regulations.

Markets Update for 24 June 2019

Jun 23, 2019 00:00:47

Description:

A brief update of movements in the financial sector.

Business News for 24 June 2019

Jun 23, 2019 00:07:15

Description:

News from the business sector, including a market report.

Early Business News for 24 June 2019

Jun 23, 2019 00:02:26

Description:

A brief update of movements in the financial sector.

Evening Business for Friday 21st June

Jun 21, 2019 00:04:40

Description:

News from the business sector, including a market report.

Business briefs

Jun 21, 2019 00:00:37

Description:

Three-quarters of working New Zealanders are satisfied with their work-life balance.

Midday Markets for 21 June 2019

Jun 21, 2019 00:03:58

Description:

For the latest from the markets we're joined by Mark Fowler of Hobson Wealth Partners.

LayBuy service promises responsible lending

Jun 21, 2019 00:01:36

Description:

The buy now, pay later company LayBuy says it's aware of the need to make sure consumers don't become financially overcomitted.

NZ King Salmon forecasts flat profit growth next financial year

Jun 21, 2019 00:01:45

Description:

The Marlborough-based fish farmer, King Salmon, says next year's profit will be much the same, as high mortality rates have reduced the volume of product for sale.

Commercial property investor confidence bounces back

Jun 21, 2019 00:01:40

Description:

Confidence in the commercial property market has bounced back with Tauranga coming out tops for location and industrial investment.

Markets Update for 21 June 2019

Jun 20, 2019 00:01:12

Description:

A brief update of movements in the financial sector.

Business News for 21 June 2019

Jun 20, 2019 00:09:15

Description:

News from the business sector, including a market report.

Early Business News for 21 June 2019

Jun 20, 2019 00:02:55

Description:

A brief update of movements in the financial sector.

Evening Business for Thursday 20th June

Jun 20, 2019 00:03:36

Description:

News from the business sector, including a market report.

Midday Markets for 20 June 2019

Jun 20, 2019 00:02:20

Description:

For the latest from the markets we're joined by Grant Cotty from Hobson Wealth Partners.

RBNZ watching Facebook's digital currency plans

Jun 20, 2019 00:01:09

Description:

Central banks around the world are doing their best to wrap their heads around the potential implications of Facebook's Libra digital coin - including our own.

GDP growth masking underlying issues - economist

Jun 20, 2019 00:01:36

Description:

Economic growth has risen modestly in the first three months of the year, however economists are pointing to devil in the detail.

Air NZ's Luxon is leaving with few regrets

Jun 20, 2019 00:02:41

Description:

The outgoing chief executive of Air New Zealand, Christopher Luxon, says he has few regrets about leaving, but has no clear view what his next job will be.

Markets Update for 20 June 2019

Jun 19, 2019 00:01:00

Description:

A brief update of movements in the financial sector.

Business News for 20 June 2019

Jun 19, 2019 00:08:45

Description:

News from the business sector, including a market report.

Early Business News for 20 June 2019

Jun 19, 2019 00:02:56

Description:

A brief update of movements in the financial sector.

Evening business for Wednesday 19 June

Jun 19, 2019 00:03:01

Description:

News from the business sector, including a market report.

Business briefs

Jun 19, 2019 00:00:19

Description:

The country's balance of payments deficit has narrowed slightly.

Midday Markets for 19 June 2019

Jun 19, 2019 00:02:28

Description:

For the latest from the markets we're joined by Mark Fowler from Hobson Wealth Partners.

Private healthcare co hopes to expand treatment options

Jun 19, 2019 00:01:22

Description:

Private hospital operator Acurity is looking to broaden the range of medical services it offers.

Facebook's digital currency could stump regulators

Jun 19, 2019 00:02:34

Description:

Social media giant Facebook plans to launch its own crytocurrency Libra and already it's raising questions about how regulators can assert control over it.

Cannasouth debuts on a weak note

Jun 19, 2019 00:01:53

Description:

The medicinal cannabis developer, Cannasouth, has had a soft debut on the NZX with shares trading as much as a quarter below the 50-cent issue price.

Markets Update for 19 June 2019

Jun 18, 2019 00:01:25

Description:

A brief update of movements in the financial sector.

Business News for 19 June 2019

Jun 18, 2019 00:10:02

Description:

News from the business sector, including a market report.

Early Business News for 19 June 2019

Jun 18, 2019 00:02:45

Description:

A brief update of movements in the financial sector.

Evening business for Tuesday, 18 June

Jun 18, 2019 00:03:13

Description:

News from the business sector, including a market report.

Midday Markets for 18 June 2019

Jun 18, 2019 00:02:55

Description:

Midday Markets for 18 June 2019.

First home buyers shy away from family borrowing

Jun 18, 2019 00:01:31

Description:

It seems the majority of first home buyers would be uncomfortable tapping into the bank of mum and dad to purchase property.

Consumer confidence falls in second consecutive quarter

Jun 18, 2019 00:01:49

Description:

Consumers still feel downbeat about the economy and their own financial situations.

Finance sector distances itself from departure of ANZ's CEO

Jun 18, 2019 00:01:28

Description:

Finance sector regulators and the big Australian-owned banks are keeping distant from the shock departure of the head of ANZ's local operations.

Markets Update for 18 June 2019

Jun 17, 2019 00:01:07

Description:

A brief update of movements in the financial sector.

Business News for 18 June 2019

Jun 17, 2019 00:09:14

Description:

News from the business sector, including a market report.

Early Business News for 18 june 2019

Jun 17, 2019 00:02:36

Description:

A brief update of movements in the financial sector.

Evening business for Monday, 17 June

Jun 17, 2019 00:02:57

Description:

News from the business sector, including a market report.

Midday Markets for 17 June 2019

Jun 17, 2019 00:02:30

Description:

For the latest from the markets we're joined by .Brad Gordon of Hobson Wealth Partners.

Below average grape harvest results in high quality wine

Jun 17, 2019 00:01:40

Description:

A warmer than average summer has resulted in a superb vintage acrosss the country, but supply will be constrained with a below average harvest.

Services sector activity bounces but details less encouraging

Jun 17, 2019 00:01:51

Description:

Activity in the services industry has bounced back in May after three consecutive months of slowing but it's still sitting shy of its long term average.

ANZ CEO steps down

Jun 17, 2019 00:02:31

Description:

As you may have heard in the news the chief executive of ANZ's local operation, David Hisco has left under a cloud over his expenses claims, as well as health issues.

Markets Update for 17 June 2019

Jun 16, 2019 00:00:59

Description:

A brief update of movements in the financial sector.

Business News for 17 June 2019

Jun 16, 2019 00:08:42

Description:

News from the business sector, including a market report.

Early Business News for 17 June 2019

Jun 16, 2019 00:02:47

Description:

A brief update of movements in the financial sector.

Evening Business for 14 June 2019

Jun 14, 2019 00:04:09

Description:

News from the business sector, including a market report.

Midday Markets for 14 June 2019

Jun 14, 2019 00:02:18

Description:

For the latest from the markets we're joined by Belinda Stanley of Craigs Investment Partners.

Alibaba wants to see more NZ food sold in China

Jun 14, 2019 00:01:26

Description:

The Chinese e-commerce giant Alibaba Group is holding its first expo in New Zealand, to encourage businesses to export their products to China.

New regime aims to stamp out dodgy insolvency operators

Jun 14, 2019 00:01:14

Description:

People caught carrying out insolvency work for a business without a licence will soon face fines of up to 75-thousand dollars.

House prices rising but sales volumes are still falling

Jun 14, 2019 00:02:45

Description:

House prices are rising across New Zealand, with renewed confidence in the market, with low interest rates and the capital gains tax off the table.

Manufacturing activity at lowest since 2012

Jun 14, 2019 00:01:24

Description:

Activity in the manufacturing sector has dropped to its lowest level since 2012, pointing to growing headwinds for the economy.

Markets Update for 14 June 2019

Jun 13, 2019 00:01:11

Description:

A brief update of movements in the financial sector.

Business News for 14 June 2019

Jun 13, 2019 00:08:37

Description:

News from the business sector, including a market report.

Early Business News for 14 June 2019

Jun 13, 2019 00:03:04

Description:

A brief update of movements in the financial sector.

Midday Markets for 13 June 2019

Jun 13, 2019 00:02:35

Description:

For the latest from the markets we're joined by Melika King of Craigs INvestment Partners.

Nearly 200 SME owners lacking management skills

Jun 13, 2019 00:01:15

Description:

Small business owners lack of management and marketing skills are costing them time and money according to a new survey.

PGG Wrightson back to basics as farmers face challenges

Jun 13, 2019 00:01:49

Description:

Rural services company PGG Wrightson expects farmers to feel some pinch from tighter bank lending.

Stats NZ confidenct new migration model is more accurate

Jun 13, 2019 00:01:35

Description:

Stats NZ is standing behind the migration figures it's producing even though economists are criticising them as unreliable and less than useful.

Anticipated rise in house prices expected to be short-lived

Jun 13, 2019 00:01:56

Description:

House prices are expected to spike over the next year, but increases are expected to be short-lived.

Markets Update for 13 June 2019

Jun 12, 2019 00:01:10

Description:

A brief update of movements in the financial sector.

Business News for 13 June 2019

Jun 12, 2019 00:08:48

Description:

News from the business sector, including a market report.

Early Business News for 13 June 2019

Jun 12, 2019 00:02:52

Description:

A brief update of movements in the financial sector.

Evening business for Wednesday 12 June

Jun 12, 2019 00:03:45

Description:

News from the business sector, including a market report.

Easter boosts overseas visitor numbers

Jun 12, 2019 00:00:42

Description:

Migration gains remain strong with an estimated net 56,000 inflow for the year ended April.

Midday Markets for 12 June 2019

Jun 12, 2019 00:02:05

Description:

For the latest from the markets we're joined by Andrew Cathie of Craigs Investment Partners.

Aussie retail declared in recession

Jun 12, 2019 00:02:05

Description:

Across the Tasman, bank economists have declared the retail sector in recession.

Retail card spending dips in May

Jun 12, 2019 00:00:25

Description:

Consumer spending appears to have felt the first chills of winter, with electronic card spending falling.

Audit firms reluctant to disclose performance

Jun 12, 2019 00:01:20

Description:

Attempts to find out the quality of auditing done by the largest audit firms in this country, have been blocked by the industry.

Markets Update for 12 June 2019

Jun 11, 2019 00:01:11

Description:

A brief update of movements in the financial sector.

Business News for 12 June 2019

Jun 11, 2019 00:09:49

Description:

News from the business sector, including a market report.

Early Business News for 12 June 2019

Jun 11, 2019 00:02:44

Description:

A brief update of movements in the financial sector.

Evening Business for Tuesday 11th June

Jun 11, 2019 00:04:36

Description:

News from the business sector, including a market report.

Business briefs

Jun 11, 2019 00:00:38

Description:

Contact Energy is to spend close to 11-million dollars, over the next three years for just under 50 percent of a specialist energy management company.

Midday Markets for 11 June 2019

Jun 11, 2019 00:02:36

Description:

For the latest from the markets we're joined by Belinda Stanley of Craigs Investment Partners.

Govt wellbeing approach falls short of mark

Jun 11, 2019 00:01:25

Description:

An economic consultancy says the Government's approach to policy aimed at improving wellbeing, in its latest Budget, falls short of the mark.

Most people have no savings or insurance for short-term loss

Jun 11, 2019 00:02:04

Description:

Most people are gambling against personal loss, with inadequate savings and no insurance, according to study.

Transport sector shows promise for economy

Jun 11, 2019 00:01:29

Description:

The economy is set to improve, with growth in the transport sector showing some promise.

Charity-controlled Rangatira profit down

Jun 11, 2019 00:01:25

Description:

The company, majority owned by charities, has reported a net profit for for the year of 6 point 6 million dollars, down from 11 point 1 million last year.

Markets Update for 11 June 2019

Jun 10, 2019 00:00:53

Description:

A brief update of movements in the financial sector.

Business News for 11 June 2019

Jun 10, 2019 00:09:25

Description:

News from the business sector, including a market report.

Early Business News for 11 June 2019

Jun 10, 2019 00:03:07

Description:

A brief update of movements in the financial sector.

Evening Business for Monday 10th June

Jun 10, 2019 00:04:08

Description:

News from the business sector, including a market report.

Business briefs

Jun 10, 2019 00:01:20

Description:

The Commerce Commission has given internet provider MyRepublic a formal warning for not giving information needed to allocate the Telecommunications Development Levy.

Midday Markets for 10 June 2019

Jun 10, 2019 00:01:55

Description:

For the latest from the markets we're joined by Melika King from Craigs Investment Partners.

IATA fights airlines' polluter image

Jun 10, 2019 00:01:16

Description:

The organisation representing the world's airlines is trying to quell a rising "flight shame" movement driven by environmental activists.

Ageism creates fear among job seekers

Jun 10, 2019 00:01:53

Description:

Job seekers over the age of 45 are being put off their search after coming up against ageist attitudes from prospective employers.

Biggest bank not following BNZ's regional commitment

Jun 10, 2019 00:01:16

Description:

The country's main retail banks seem reluctant to follow the Bank of New Zealand's promise to keep all of its regional branches open through to 2022.

Markets Update for 10 June 2019

Jun 9, 2019 00:01:53

Description:

A brief update of movements in the financial sector.

Business News for 10 June 2019

Jun 9, 2019 00:08:50

Description:

News from the business sector, including a market report.

Early Business News for 10 June 2019

Jun 9, 2019 00:03:15

Description:

A brief update of movements in the financial sector.

Evening business for Friday 7th June

Jun 7, 2019 00:04:57

Description:

News from the business sector, including a market report.

Business briefs

Jun 7, 2019 00:00:31

Description:

The power company, Mercury, is planning to offer up to 300-million dollars in bonds to New Zealand retail and institutional investors.

Midday Markets for 7 June 2019

Jun 7, 2019 00:01:39

Description:

For the latest from the markets we're joined by Andrew Austin of FNZC.

Building activity rises to strongest level in three years.

Jun 7, 2019 00:00:35

Description:

The economy looks set to post better than expected growth on the back of a strong lift in building activity in the past quarter.

Healthy living policies needed to tackle workplace hangovers

Jun 7, 2019 00:01:23

Description:

Businesses are being urged to give serious thought to how they tackle the issue of staff showing up to work hungover.

Bloke syndrome may affect Kiwisaver returns

Jun 7, 2019 00:01:43

Description:

A lack of interest, ignorance, or indifference may be costing Kiwisaver investors tens of thousands of dollars in future savings, according to the Financial Markets Authority.

AA discount divorces from Caltex

Jun 7, 2019 00:01:36

Description:

The Automobile Association is promising its 2-and-a-half-million Smartfuel cardholders that they won't go without fuel discounts when its partnership with Caltex ends in August.

Markets Update for 7 June 2019

Jun 6, 2019 00:00:45

Description:

A brief update of movements in the financial sector.

Business News for 7 June 2019

Jun 6, 2019 00:09:44

Description:

News from the business sector, including a market report.

Early Business News for 7 June 2019

Jun 6, 2019 00:02:14

Description:

A brief update of movements in the financial sector.

Evening Business for 6 June 2019

Jun 6, 2019 00:03:13

Description:

News from the business sector, including a market report.

Business briefs

Jun 6, 2019 00:00:25

Description:

Cannasouth, the medicinal cannabis company planning an stock exchange listing, says it's more than half way to achieving the 10-million dollars share float.

Midday Markets for 6 June 2019

Jun 6, 2019 00:02:45

Description:

For the latest from the markets we're joined by Michael Grace of FNZC.

New range of funds hit NZX

Jun 6, 2019 00:02:36

Description:

Investors are being offered a broader choice of ethical and responsible investing in foreign markets and exposure to new technologies in eight funds launched today.

Review will look at splitting Comvita business

Jun 6, 2019 00:01:46

Description:

The honey producer and exporter, Comvita, is reviewing its business and may split up different parts of its business.

Markets Update for 6 June 2019

Jun 5, 2019 00:00:41

Description:

A brief update of movements in the financial sector.

Business News for 6 June 2019

Jun 5, 2019 00:08:34

Description:

News from the business sector, including a market report.

Early Business News for 6 June 2019

Jun 5, 2019 00:02:33

Description:

A brief update of movements in the financial sector.

Evening business for Wednesday 5th June

Jun 5, 2019 00:03:20

Description:

News from the business sector, including a market report.

Midday Markets for 5 June 2019

Jun 5, 2019 00:02:32

Description:

Midday Markets for June 5th 2019.

Govt venture fund should help small start up stay in NZ

Jun 5, 2019 00:01:54

Description:

A medical technology company says the government's planned $300-million investment fund to support the development of start-up companies should help keep them in this country.

Signficant drop in new vehicle registrations

Jun 5, 2019 00:01:44

Description:

The number of new vehicle registrations has dropped significantly, in yet another sign of a slowing economy.

SBS Bank may further restrict lending to farms

Jun 5, 2019 00:01:47

Description:

The SBS Bank is restricting lending to businesses and farmers, particularly in the North Island.

Markets Update for 5 June 2019

Jun 4, 2019 00:00:57

Description:

A brief update of movements in the financial sector.

Business News for 5 June 2019

Jun 4, 2019 00:08:48

Description:

News from the business sector, including a market report.

Early Business News for 5 June 2019

Jun 4, 2019 00:02:36

Description:

A brief update of movements in the financial sector.

Evening business for Tues 4 June

Jun 4, 2019 00:01:55

Description:

News from the business sector, including a market report.

Business briefs

Jun 4, 2019 00:01:36

Description:

A significant number of shareholders in the troubled early childhood education company Evolve did not take up their entitlement in the recent share issue.

Volpara buys US medical software company

Jun 4, 2019 00:00:32

Description:

The Wellington-based medical technology company Volpara plans to buy a major US medical software company for $22 million.    

Midday Markets for 4 June 2019

Jun 4, 2019 00:02:16

Description:

For the latest from the markets we're joined by yle Edmonds of FNZC.

Hidden foreign exchange fees 'ripping off' Kiwis

Jun 4, 2019 00:01:43

Description:

New Zealanders have paid 5-billion dollars in foreign exchange fees over the past five years - according to research commissioned by the money wire service TransferWise.

Fletcher Building lowers earnings guidance on Formica sale

Jun 4, 2019 00:01:11

Description:

Fletcher Building has downgraded its earnings expectations for the year after the sale of its Formica business.

Markets Update for 4 June 2019

Jun 3, 2019 00:00:54

Description:

A brief update of movements in the financial sector.

Business News for 4 june 2019

Jun 3, 2019 00:09:08

Description:

News from the business sector, including a market report.

Early Business News for 4 June 2019

Jun 3, 2019 00:02:11

Description:

A brief update of movements in the financial sector.

Evening Business for Friday 31st May

May 31, 2019 00:06:09

Description:

News from the business sector, including a market report.

Midday Sports News for 31 May 2019

May 31, 2019 00:03:21

Description:

Tom Latham looks set to take his place in the Black Caps for their Cricket World Cup opener - after recovering from a fractured finger.

Midday Markets for 31 May 2019

May 31, 2019 00:02:11

Description:

For the latest from the markets we're joined by Belinda Stanley of Craigs Investment Partners.

Mental health spending to benefit business

May 31, 2019 00:01:01

Description:

While the wellbeing budget gave few concessions to business, some employers are pleased with the extra spending on social welfare.

Commerce Com takes issue with Infratil Vodafone acquisition

May 31, 2019 00:01:04

Description:

The Commerce Commission has signalled that it will turn down Infratil's move to buy a 50 percent stake in Vodafone if it thinks it will substantially lessen competition in the telecommunications sector.

Fintech sector rallies to support start-ups

May 31, 2019 00:01:55

Description:

The fintech industry is ramping up to help the next generation of companies scale up to compete in international markets.

Caution creeps in to consumer confidence levels

May 31, 2019 00:01:38

Description:

Consumer sentiment has eased to its lowest level in six months in the face of a cooling economy.

Business News for 31 May 2019

May 30, 2019 00:09:05

Description:

News from the business sector, including a market report.

Early Business News for 31 May 2019

May 30, 2019 00:02:47

Description:

A brief update of movements in the financial sector.

Evening business for 30 May 2019

May 30, 2019 00:02:48

Description:

News from the business sector, including a market report.

Midday Markets for 30 May 2019

May 30, 2019 00:02:31

Description:

For the latest from the markets we're joined by Belinda Stanley of Craigs Investment Partners.

Residential building consents lower than expected

May 30, 2019 00:00:09

Description:

The number of residential building consents is down on expectations, reflecting a drop in the number of consents for apartments.

Fintech accelerator programme expands with strong interest

May 30, 2019 00:02:07

Description:

New Zealand's fin-tech accelerator programme for bright ideas and start-up companies has attracted an unprecedented number of applications, particularly from experienced entrepreneurs.

Car resellers drop-off after stink bug biosecurity costs bite

May 30, 2019 00:01:11

Description:

The car reseller and financer, Turners Automotive Group, says the stink bug biosecurity issue has increased costs for the sector.

Fried chicken a winner for Restaurant Brands

May 30, 2019 00:01:09

Description:

Investment in fried chicken continues to pay off for fast food company Restaurant Brands with KFC helping to lift first quarter sales.

Business News for 30 May 2019

May 29, 2019 00:08:38

Description:

News from the business sector, including a market report.

Business News for 30 May 2019

May 29, 2019 00:02:47

Description:

News from the business sector, including a market report.

Evening business for Wednesday 29 March

May 29, 2019 00:05:19

Description:

News from the business sector, including a market report.

Business briefs

May 29, 2019 00:00:16

Description:

The cancer diagnostics company, Pacific Edge, has made a smaller full year loss, with gains in operating revenue.

Midday Markets for 29 May 2019

May 29, 2019 00:01:21

Description:

For the latest from the markets we're joined by Andrew Cathie of Craigs Investment Partners.

Commercial Bay development hit by further delays and costs

May 29, 2019 00:00:54

Description:

The multi-million-dollar Commercial Bay development in downtown Auckland has been delayed again.

Turners profit falls 3pc in the year to March

May 29, 2019 00:01:13

Description:

The car reseller and finance company, Turners Automotive Group, has reported a small drop in profit with an oversupply of imported cars in the market.

Stride posts lower net profit on smaller valuation gains

May 29, 2019 00:01:19

Description:

Property management and investment concern Stride has posted a lower net profit, with slower growth in the value of its portfolio.

Regulator reins in electricity sector prices

May 29, 2019 00:01:24

Description:

The national grid operator, Transpower, and regional lines companies have had their earnings wings clipped by the industry's regulator.

Central bank warns of household and farm debt risk

May 29, 2019 00:02:00

Description:

Limits on risky mortgage lending are to stay unchanged, with the Reserve Bank concerned that household and farm debt is still too high.

Markets Update for 29 May 2019

May 28, 2019 00:00:53

Description:

A brief update of movements in the financial sector.

Business News for 29 May 2019

May 28, 2019 00:09:29

Description:

News from the business sector, including a market report.

Early Business News for 29 May 2019

May 28, 2019 00:02:22

Description:

A brief update of movements in the financial sector.

Evening business for Tuesday 28th May

May 28, 2019 00:04:15

Description:

News from the buisness sector, including a market report.

Business briefs

May 28, 2019 00:00:23

Description:

The horticulture industry expects to become a 10-billion-dollar a year industry next year.

Midday Markets for 28 May 2019

May 28, 2019 00:02:28

Description:

For the latest from the markets we're joined by Melika King of Craigs Investment Partners.

Vend expands into the US to take advantage of growth

May 28, 2019 00:01:22

Description:

The retail software company, Vend, is expanding into the North American market with a large increase in the number of sales and marketing staff.

Other company earings

May 28, 2019 00:01:05

Description:

The biotech company, Blis Technologies has delivered a maiden profit, slightly ahead of expectations.

Specialised aged care pays off for Arvida

May 28, 2019 00:01:58

Description:

The retirement village and aged care company Arvida, has benefitted from a focus on medical care and staying away from the Auckland property market.

Mainfreight profit reaches new heights

May 28, 2019 00:01:47

Description:

The country's biggest transport company Mainfreight has made a record profit as it gained the benefit of international expansion.

Markets Update for 28 May 2019

May 27, 2019 00:00:42

Description:

A brief update of movements in the financial sector.

Business News for 28 May 2019

May 27, 2019 00:09:02

Description:

News from the business sector, including a market report.

Early Business News for 28 May 2019

May 27, 2019 00:02:35

Description:

A brief update of movements in the financial sector.

Evening Buisness for Monday 27th May

May 27, 2019 00:03:40

Description:

News from the business sector, including a market report.

Business briefs

May 27, 2019 00:00:14

Description:

The childcare and early education operator, Evolve Education, has made a hefty loss because of a loss on flat revenue, in line with its guidance.

Midday Markets for 27 May 2019

May 27, 2019 00:02:13

Description:

For the latest from the markets we're joined by Andrew Cathie of Craigs Investment Partners.

Tourism Holdings cutting USA costs

May 27, 2019 00:00:37

Description:

Tourism Holdings is moving to cut costs and spending in the United States to counter a slowdown in campervan sales.

The Warehouse eyes up central depots for online shopping

May 27, 2019 00:01:54

Description:

The Warehouse says plans to rationalise the way it handles online orders will benefit customers with better service.

Air NZ decision to stick with Boeing planes 'logical', CEO says

May 27, 2019 00:02:01

Description:

As you may have heard in the news ....Air New Zealand is buying 8 Boeing 787-10 Dreamliner planes worth 2-point-7-billion US dollars .. about 4-billion New Zealand dollars.

Fisher & Paykel Healthcare makes record result on strong sales

May 27, 2019 00:01:49

Description:

The medical equipment maker , Fisher & Paykel Healthcare, has made a record full year profit on billion dollars in sales.

Markets Update for 27 May 2019

May 26, 2019 00:00:52

Description:

A brief update of movements in the financial sector.

Business News for 27 May 2019

May 26, 2019 00:09:27

Description:

News from the business sector, including a market report.

Early Business News for 27 May 2019

May 26, 2019 00:02:28

Description:

A brief update of movements in the financial sector.

Evening business for Friday 24th May

May 24, 2019 00:06:26

Description:

News from the business sector, including a market report.

Business briefs

May 24, 2019 00:00:40

Description:

The country has posted a second monthly trade surplus in a row.

Midday Markets for 24 May 2019

May 24, 2019 00:02:14

Description:

For the latest from the markets we're joined by Mark Fowler from Hobson Wealth Partners.

Reserve Bank proposals will slow economic growth

May 24, 2019 00:01:42

Description:

Reserve Bank proposals to make banks hold more capital to guard against a financial crisis will slow economic growth, lift interest rates, and disadvantage smaller New Zealand owned banks.

Other company earnings today

May 24, 2019 00:01:24

Description:

The listed property investor, Augusta Capital, has increased its net profit 116 percent in the year to March, to $6.9 million.

Ryman Healtcare has solid year despite challenging conditions

May 24, 2019 00:01:58

Description:

Ryman Healthcare says it has had a solid year, despite challenging market conditions and flat sales.

Markets Update for 24 March 2019

May 23, 2019 00:01:43

Description:

A brief update of movements in the financial sector.

Business News for 24 May 2019

May 23, 2019 00:08:53

Description:

News from the business sector, including a market report.

Early Business News for 24 May 2019

May 23, 2019 00:02:37

Description:

A brief update of movements in the financial sector.

Evening business for Thurs 23 May

May 23, 2019 00:05:27

Description:

News from the business sector, including a market report.

Midday Markets for 23 May 2019

May 23, 2019 00:03:07

Description:

For the latest from the markets we're joined by Grant Cotty of Hobson Wealth Partners.

Sanford sees positive second half after challenging first half

May 23, 2019 00:01:29

Description:

Sanford says it's had a satisfactory first half, despite a drop in revenue and profit.

Metroglass' Australian woes continue, profit dives 69pc

May 23, 2019 00:01:35

Description:

The glass manufacturer, Metro Performance Glass' profit has dived by more than two-thirds as its Australian business continues to struggle.

Govt relaxes debt reduction target

May 23, 2019 00:01:26

Description:

The Government's given itself a little spending wiggle room with the relaxation of its debt reduction target.

Fonterra drops earnings forecast amid challenging times

May 23, 2019 00:01:38

Description:

As you may have heard in the news, Fonterra is still under considerable pressure as its margins and earnings are hit by drought in Australia, sluggish sales in Latin America, and uncertain market conditions and supplies around the world.

Markets Update for 23 May 2019

May 22, 2019 00:01:10

Description:

A brief update of movements in the financial sector.

Business News for 23 May 2019

May 22, 2019 00:08:58

Description:

RBNZ says loan to value ratios have done the job in protecting banking system from stress, but they could be eased. Sky City wants local online gaming to be made legal. Mojo coffee company cautious about U.S. expansion. How financial markets are performing. 

Early Business News for 23 May 2019

May 22, 2019 00:03:13

Description:

An early look at the morning's business news and a catch up on overnight action on global financial markets.

Evening business for Wednesday 22 May

May 22, 2019 00:05:08

Description:

News from the business sector, including a market report.

Business briefs

May 22, 2019 00:00:35

Description:

The NZX is selling its investment research business FundSource.

Midday Markets for 22 May 2019

May 22, 2019 00:02:17

Description:

For the latest from the markets we're joined by Mark Fowler of Hobson Wealth Partners.

Serko profit dips, eyes growth

May 22, 2019 00:01:35

Description:

The corporate travel software company Serko's profit has posted a marginally lower profit for accounting reasons but is eyeing a lift in earnings next year.

AFT Pharmaceuticals slims losses, sets for growth

May 22, 2019 00:02:02

Description:

The drug maker, AFT Pharmaceuticals, has slimmed its losses after cutting its research and development spend, and selling more of its pain relief products overseas.

Sky City ventures into online gmabling

May 22, 2019 00:02:32

Description:

Casino operator Sky City Entertainment is getting into online gambling to plug a hole in its earnings.

Markets Update for 22 May 2019

May 21, 2019 00:01:06

Description:

A brief update of movements in the financial sector.

Business News for 22 May 2019

May 21, 2019 00:10:07

Description:

News from the business sector, including a market report.

Early Business News for 22 May 2019

May 21, 2019 00:02:54

Description:

A brief update of movements in the financial sector.

Evening business for Tuesday 21st May

May 21, 2019 00:03:53

Description:

News from the business sector, including a market report.

Midday Markets for 21 May 2019

May 21, 2019 00:02:24

Description:

For the latest from the markets we're joined by Brad Gordon of Hobson Wealth Partners.

IceHouse Ventures heads to China in search of opportunities

May 21, 2019 00:01:31

Description:

The start-up investor, IceHouse Venutures, is in China in search of more investment opportunities for New Zealand's brightest tech companies.

Plexure's revenue rising 44 percent with cash in the bank

May 21, 2019 00:01:04

Description:

The brand marketing app developer, Plexure, has reduced its loss and lifted revenue as it builds up its cash for expansion and product development.

Investore makes smaller profit on lower valuation gains

May 21, 2019 00:01:45

Description:

The big retail store and supermarket property investor, Investore, has made a smaller full year profit, despite a jump in rental income.

Tower insurance returns to profit

May 21, 2019 00:02:09

Description:

The insurance company, Tower, has returned to profit, thanks to higher premiums, better weather and more of its customers moving online.

Markets Update for 21 May 2019

May 20, 2019 00:01:08

Description:

A brief update of movements in the financial sector.

Business News for 21 May 2019

May 20, 2019 00:08:00

Description:

News from the business sector, including a market report.

Early Business News for 21 May 2019

May 20, 2019 00:03:07

Description:

A brief update of movements in the financial sector.

Evening business news for Monday 20 May 2019

May 20, 2019 00:05:40

Description:

News from the business sector, including a market report.

Business briefs

May 20, 2019 00:00:37

Description:

Building products company, Steel and Tube, has lowered its full year earnings forecast, amid pressure on margins, and a restatement of last year's accounts.

Midday Markets for 20 May 2019

May 20, 2019 00:02:47

Description:

For the latest from the markets we're joined by Rupert Lister from Hobson Wealth Partners.

Banks urge Reserve bank to reduce capital proposal

May 20, 2019 00:02:17

Description:

The Bankers Association is asking the Reserve Bank to soften its plan to make banks hold siginificantly more capital in reserve.

Service sector expansion continues to slow

May 20, 2019 00:01:45

Description:

Growth in the service sector continues to slow down.

Kiwi Property makes strong profit with valuation gains

May 20, 2019 00:01:50

Description:

Listed property investor, Kiwi Property, has reported a lift in full year underlying profit, as it reinvests for growth in its Auckland retail and office properties.

Markets Update for 20 May 2019

May 19, 2019 00:00:54

Description:

A brief update of movements in the financial sector.

Business News for 20 May 2019

May 19, 2019 00:09:26

Description:

News from the business sector, including a market report.

Early Business News for 20 May 2019

May 19, 2019 00:03:00

Description:

A brief update of movements in the financial sector.

Evening Business for Friday 17th May

May 17, 2019 00:01:13

Description:

News from the business sector, including a market report.

Business briefs

May 17, 2019 00:00:23

Description:

Wholesale inflation fell in the first three months of the year.

Midday Markets for 17 May 2019

May 17, 2019 00:01:48

Description:

For the latest from the markets we're joined by Andrew Austin from FNZC.

Biggest banks still committed to cheque service

May 17, 2019 00:01:01

Description:

The big banks will continue to honour cheques, even though the largest New Zealand-owned bank is scrapping the service.

Manufacturing sector continues to expand

May 17, 2019 00:02:16

Description:

Manufacturing sector activity has picked up from last month's six month low and is continuing to expand, but at a much slower rate than last year.

Genesis wind farm agremeent will reduce its reliance on coal

May 17, 2019 00:01:25

Description:

The country's biggest electricity retailer Genesis Energy says a deal to buy all of the power generated fromTilt Renewables planned wind farm in south Taranaki, will reduce its reliance on thermal resources.

Infratil confident it can fund rest of portfolio

May 17, 2019 00:02:09

Description:

Utilities investor Infratil is confident about its portfolio and capital requirements, after posting a bottom line annual loss of 19-and-a-half-million-dollars.

Markets Update for 17 May 2019

May 16, 2019 00:01:00

Description:

A brief update of movements in the financial sector.

Business News for 17 May 2019

May 16, 2019 00:09:16

Description:

News from the business sector, including a market report.

Early Business News for 17 May 2019

May 16, 2019 00:02:54

Description:

A brief update of movements in the financial sector.

Evening business for 16 May 2019

May 16, 2019 00:03:31

Description:

News from the business sector, including a market report.

Midday Markets for 16 May 2019

May 16, 2019 00:01:57

Description:

For the latest from the markets we're joined by Michael Grace from FNZC.

Survey finds NZers rank data security with banks high

May 16, 2019 00:01:34

Description:

New Zealand bank customers are quite clear about what they expect and want from their banks -- data security and service.

Xero makes a bigger net loss, despite strong revenue growth

May 16, 2019 00:01:58

Description:

The accounting software company, Xero, has made a bigger net loss, despite strong revenue growth.

Commerce Commission's findings 'disgraceful' - Vocus

May 16, 2019 00:01:49

Description:

The commission's findings have pleased the big players - Vodafone and Spark.

Kiwis well-served for mobile but room found for improvement

May 16, 2019 00:01:30

Description:

Mobile phone operators have escaped the threat of further regulation after the Commerce Commission found the companies are delivering genrally good service to consumers.

Business News for 16 May 2019

May 15, 2019 00:08:27

Description:

News from the business sector, including a market report.

Early Business News for 16 May 2019

May 15, 2019 00:02:39

Description:

A brief update of movements in the financial sector.

Evening business for Wednesday 15 May

May 15, 2019 00:02:24

Description:

News from the business sector, including a market report.

Business briefs

May 15, 2019 00:01:42

Description:

The health products company, Oceania Natural, has been placed in voluntary administration.

Midday Markets for 15 May 2019

May 15, 2019 00:02:16

Description:

For the latest from the markets we're joined by Michael Grace from FNZC.

Property investors feeling a bit more confident

May 15, 2019 00:01:34

Description:

Investors continue to demonstrate little confidence in the sharemarket despite record growth, according to an ASB survey. 

Markets Update for 15 May 2019

May 14, 2019 00:00:50

Description:

A brief update of movements in the financial sector.

Business News for 15 May 2019

May 14, 2019 00:09:07

Description:

News from the business sector, including a market report.

Early Business News for 15 May 2019

May 14, 2019 00:02:34

Description:

A brief update of movements in the financial sector.

Evening business for 14 May 2019

May 14, 2019 00:03:30

Description:

News from the business sector, including a market report.

Midday Markets for 14 May 2019

May 14, 2019 00:02:01

Description:

For the latest from the markets we're joined by Andrew Austin from FNZC.

CBL founder lashes out at regulator, administrators

May 14, 2019 00:01:52

Description:

The founder of the collapsed insurance group CBL says the company would still be alive today and some shareholder value saved, if not for official intransigence and opposition.

House sales slump, as prices appear to be under pressure

May 14, 2019 00:01:58

Description:

House sales have slumped, while prices appear to be under pressure, particularly in Auckland.

Concern new owners of Vodafone will cut costs

May 14, 2019 00:01:23

Description:

A telecommunications industry organisation is questioning the future of 5G and local call centres, after Vodafone is sold off.

Vodafone NZ fetches $3.4bn in deal with consortium

May 14, 2019 00:01:48

Description:

Utilities investor Infratil says it reckons it can do a better job running the country's largest mobile company Vodafone than its current British owners.

Markets Update for 14 May 2019

May 13, 2019 00:02:11

Description:

A brief update of movements in the financial sector.

Business News for 14 May 2019

May 13, 2019 00:07:14

Description:

News from the business sector, including a market report.

Early Business News for 14 May 2019

May 13, 2019 00:03:06

Description:

A brief update of movements in the financial sector.

Evening Business for 13 May 2019

May 13, 2019 00:06:16

Description:

News from the business sector, including a market report.

Midday Markets for 13 May 2019

May 13, 2019 00:02:39

Description:

For the latest from the markets we're joined by Michael Grace of FNZC.

Employers should be upskilling workers for superjobs

May 13, 2019 00:01:18

Description:

The business advisory firm, Deloitte, suggests organisations consider redesigning work into a new category of superjobs, where humans and robots work side-by-side to improve output and productivity.

Trustpower profit falls as generation returns to normal levels

May 13, 2019 00:02:14

Description:

Tauranga-based Trustpower's full year profit has fallen as generation dropped to more normal levels.

Global ice cream giant buys Tip Top for $380m

May 13, 2019 00:01:53

Description:

Tip Top's new owner, the global ice cream giant Froneri, is not publicly putting a figure on how much it thinks it'll need to invest in the brand to see it grow.

CBL Corp placed in liquidation

May 13, 2019 00:01:01

Description:

Two directors of the collapsed insurance group CBL Corporation have attacked the adminstrators of its insurance subsidiary and the Reserve Bank for killing off a restructuring plan that could have saved the group.

Markets Update for 13 May 2019

May 12, 2019 00:01:00

Description:

A brief update of movements in the financial sector.

Business News for 13 May 2019

May 12, 2019 00:08:58

Description:

Infratil has until the start of market play Tuesday to disclose developments in its attempt to close a deal to buy Vodafone NZ, embattled insurance group CBL heads for liquidation, KiwiSaver funds rise to $58.53 billion, and is the future of work robots and humans working side by side? 

Early Business News for 13 May 2019

May 12, 2019 00:02:38

Description:

A brief update of movements in the financial sector.

Evening business for Friday 10 May

May 10, 2019 00:03:22

Description:

News from the business sector, including a market report.

Midday Markets for 10th May 2019

May 10, 2019 00:02:14

Description:

For the latest from the markets we're joined by Brad Gordon of Hobson Wealth Partners.

Mothers' Day 5th biggest shopping event for NZ retailers

May 10, 2019 00:01:27

Description:

Retailers are gearing up for one of the busiest shopping events of the year --- Mother's Day.

Call for more cooperation in international skills recruitment

May 10, 2019 00:01:37

Description:

The construction sector's labour shortage woes are getting worse as international competition for scarce skills ramps up.

Infratil confirms it's working on deal to buy Vodafone NZ

May 10, 2019 00:01:18

Description:

The utilities investor, Infratil, says it's teamed up with another party to buy Vodafone New Zealand.

Markets Update for 10 May 2019

May 9, 2019 00:01:04

Description:

A brief update of movements in the financial sector.

Business News for 10 May 2019

May 9, 2019 00:07:00

Description:

Speculation that Vodafone NZ may be sold to private investment firms rather than through public share float -- Infratil operator Morrison & Co tipped to join Canada's Brookfield Asset Management in joint venture. Would private money speed up build NZ govt projects. The future of PGG Wrightson. Latest from markets. 

Early Business News for 10 May 2019

May 9, 2019 00:02:36

Description:

An early look at the day's business news and a catch up on overnight global market action.

Evening Business for Thursday 9th May

May 9, 2019 00:03:10

Description:

News from the business sector, including a market report.

Midday Markets for 9 May 2019

May 9, 2019 00:01:46

Description:

For the latest from the markets we're joined by Mark Fowler with Hobson Wealth Partners.

Tax freedom day - beats last year by one day

May 9, 2019 00:01:29

Description:

Today is tax freedom day, the day when all our taxes are paid up for the year.

No dividend for wind farm operator shareholders

May 9, 2019 00:01:46

Description:

Wind farm operator, Tilt Renewables, won't pay shareholders a final dividend as it seeks to hold on to cash for its upcoming South Taranaki development.

Govt planning $6.1b worth of infrastructure projects

May 9, 2019 00:01:46

Description:

Government agencies have 174 infrastructure projects in the pipeline, worth an estimated 6-point-1-billion dollars.

PGG Wrightson to return $235m to shareholders

May 9, 2019 00:01:31

Description:

Rural services company PGG Wrightson is to give its shareholders a 235-million-dollar windfall as it pays out the proceeds from the sale of its seeds business.

Business News for 9 May 2019

May 8, 2019 00:08:17

Description:

The Governor of the Reserve Bank of NZ, Adrian Orr, explains why it cuts its cash rate and whether there might more to come in an extended interview.  

Early Business News for 9 May 2019

May 8, 2019 00:03:08

Description:

A brief update of movements in the financial sector.

Evening Business for Wednesday 8th May

May 8, 2019 00:02:54

Description:

News from the business sector, including a market report.

Midday Markets for 8 May 2019

May 8, 2019 00:02:45

Description:

For the latest from the markets we're joined by Ed Glennie of Hobson Wealth Partners.

Co-founder of mobile payments provider Pushpay resigns

May 8, 2019 00:01:39

Description:

The co-founder of mobile payments company Pushpay has resigned as its chief executive.

Evolve to raise $63.5m as it flags further writedowns

May 8, 2019 00:02:19

Description:

The struggling childcare company, Evolve, is asking its shareholders to buy four times more shares to help it raise 63-and-a-half-millon-dollars.

Business News for 8 May 2019

May 7, 2019 00:09:42

Description:

News from the business sector, including a market report.

Early Business News for 8 May 2019

May 7, 2019 00:03:06

Description:

A brief update of movements in the financial sector.

Evening business for 7 May 2019

May 7, 2019 00:03:18

Description:

News from the business sector, including a market report.

Midday Markets for 7 May 2019

May 7, 2019 00:03:08

Description:

For the latest from the markets we're joined by Grant Cotty of Hobson Wealth Partners.

Sharesies to offer its 40,000 investors robo-advice

May 7, 2019 00:01:30

Description:

The online investment platform Sharesies will soon give personalised digital advice to its 40-thousand users.

Million dollar difference in retirement savings forecasts

May 7, 2019 00:02:35

Description:

Regulators are being called on to do more to stop savers being significantly misled about how much they will have in the KiwiSaver scheme when they retire.

Markets Update for 7 May 2019

May 6, 2019 00:01:30

Description:

A brief update of movements in the financial sector.

Business News for 7 May 2019

May 6, 2019 00:08:43

Description:

News from the business sector, including a market report.

Early Business News for 7 May 2019

May 6, 2019 00:03:06

Description:

A brief update of movements in the financial sector.

Evening business for Monday 6 May

May 6, 2019 00:04:30

Description:

News from the business sector, including a market report.

Business briefs

May 6, 2019 00:00:38

Description:

Retailer Briscoe Group has reported stronger sales in the first quarter but warns its profit is down on last year amid a tough trading environment.

Midday Markets for 6 May 2019

May 6, 2019 00:02:49

Description:

For the latest from the markets we're joined by Brad Gordon of Hobson Wealth Partners.

NZ cities losing battle for skilled workers

May 6, 2019 00:01:44

Description:

New Zealand's major cities appear to be losing out to Australia in the competition for sought-after skilled workers.

White-collar crime not taken seriously, study fnds

May 6, 2019 00:01:43

Description:

Finance sector regulators aren't doing enough to crack down on white-collar crime because of under-funding, according to a new study.

Fonterra won: comment on Tip Top sale 'speculation'

May 6, 2019 00:01:01

Description:

Fontera is refusing to be drawn on speculation that the international ice cream giant Froneri, is buying its Tip Top business.

Westpac NZ reports solid profit with margins under pressure

May 6, 2019 00:01:22

Description:

Westpac New Zealand has reported a solid lift in first half profit, but warns margins are under pressure as credit growth slows.

Business News for 6 May 2019

May 5, 2019 00:08:50

Description:

Will the Reserve Bank cut the Official Cash Rate? Gareth Kiernan of Infometrics says they might, but they shouldn't. The BNZ cuts some KiwiSaver fees. Tip Top ice cream sale close, and the latest from financial markets. 

Evening business for Friday 3 May

May 3, 2019 00:04:01

Description:

News from the business sector, including a market report.

Business briefs

May 3, 2019 00:00:12

Description:

The wine company, Delegat, says the 2019 vintage is smaller than last year's.

Midday Markets for 3 May 2019

May 3, 2019 00:02:02

Description:

For the latest from the markets we're joined by Melika King of Craigs Investment Partners.

New medical fund hoping to entice NZ investors

May 3, 2019 00:01:06

Description:

The managers of a fund which helps to take medical breakthroughs from start through to commercial release are looking for local investors.

Flying cards and drone taxis to feature in upcoming conference

May 3, 2019 00:01:29

Description:

Flying cars and drone taxis are just some of the transport ideas to be floated at the annual Tech Alliance convention in Christchurch next week

Softer economy mixed blessing for rental companies

May 3, 2019 00:01:38

Description:

A softer economy could be a mixed blessing for companies which specalise in renting and leasing products.

Big parcel of Z Energy shares on market

May 3, 2019 00:00:46

Description:

A large parcel of shares in fuel retailer Z Energy are up for sale according to media reports.

Markets Update for 3 May 2019

May 2, 2019 00:02:12

Description:

A brief update of movements in the financial sector.

Business News for 3 May 2019

May 2, 2019 00:08:14

Description:

News from the business sector, including a market report.

Early Business News for 3 May 2019

May 2, 2019 00:02:44

Description:

A brief update of movements in the financial sector.

Evening business for 2 May 2019

May 2, 2019 00:03:55

Description:

News from the business sector, including a market report.

Busienss briefs

May 2, 2019 00:00:19

Description:

The craft beer maker, Moa Group, says second half sales are up 15 percent on last year, but still expects to make a full year loss of 600-thousand dollars, excluding one-off items.

Midday Markets for 2 May 2019

May 2, 2019 00:02:48

Description:

For the latest from the markets we're joined by Andrew Cathie of Craigs Investment Partners.

$32b extra GDP untapped in regions, Deloitte estimates

May 2, 2019 00:01:47

Description:

The accounting firm Deloittte reckons there's over 32-billion-dollars worth of untapped economic potential in regional New Zealand.

Z Energy profit down amid tough trading conditions

May 2, 2019 00:01:50

Description:

Z Energy has reported a lower profit with higher fuel prices prompting people to avoid the pump and the lengthy shutdown of the Marsden Point refinery reducing oil margins.

The BNZ appears to have defied a slowing economy

May 2, 2019 00:02:34

Description:

The BNZ appears to have defied a slowing economy and housing market with a solid lift in its first half profit.

Markets Update for 2 May 2019

May 1, 2019 00:01:34

Description:

A brief update of movements in the financial sector.

Business News for 2 May 2019

May 1, 2019 00:08:07

Description:

ANZ Bank NZ head warns customers will bear the cost if banks have to hold more capital. Jobs numbers add weight to rate cut prospects. NZ on track to face new employment challenges. Head of Treasury Gabriel Makhlouf to head Irish central bank. Latest from money markets.    

Early Business News for 2 May 2019

May 1, 2019 00:03:07

Description:

An early look at the day's business news, and a catch up on overnight action on global financial markets.

Evening Business for Wednesday 1st May

May 1, 2019 00:04:33

Description:

News from the business sector, including a market report.

Business briefs

May 1, 2019 00:00:17

Description:

Animal products and healthcare company EBOS has increased slightly the amount of money raised in its share issue.

Midday Markets for 1 May 2019

May 1, 2019 00:03:15

Description:

For the latest from the markets we're joined by Belinda Stanley of Craigs Investment Partners.

Trading updates: SkyCity net profit down, A2 Milk revenue up

May 1, 2019 00:01:17

Description:

A couple of companies have updated their trading outlook to investors today.

Warmer water drvies down King Salmon's profit forecast

May 1, 2019 00:01:05

Description:

King Salmon's catch will be smaller this year after another warmer summer resulted in more fish deaths.

ANZ posts smaller half year profit

May 1, 2019 00:01:09

Description:

New Zealand's largest bank, ANZ has reported a smaller half year profit with a slowing housing market and intense competition for lending contributing to the fall.

Labour market data mixed bag

May 1, 2019 00:02:00

Description:

The latest labour market numbers are a mixed bag - showing the number of people out of work has dropped but also indicating fewer jobs are being created.

Markets Update for 1 May 2019

Apr 30, 2019 00:01:13

Description:

A brief update of movements in the financial sector.

Business News for 1 May 2019

Apr 30, 2019 00:07:44

Description:

Latest business sentiment survey shows up softening economy, but will it make RBNZ cut interest rates? Growth in house prices slows further, and goes backwards in Auckland. How financial markets are starting the day. 

Early Business News for 1 May 2019

Apr 30, 2019 00:03:06

Description:

An early look at the day's business news, and a catch up on overnight action on global markets.

Evening business for Tuesday 30 April

Apr 30, 2019 00:03:56

Description:

News from the business sector, including a market report.

Midday Markets for 30 April 2019

Apr 30, 2019 00:02:27

Description:

For the latest from the markets we're joined by Andrew Cathie of Craigs Investment Partners.

Gap between 'have' and 'have-nots' quantified

Apr 30, 2019 00:01:48

Description:

Measuring a country's success has generally been about how its economy grows or contracts, until now. Massey University researchers have created a Shared Prosperity Index. 

New chair for Shareholders' Association

Apr 30, 2019 00:01:31

Description:

The NZ Shareholders' Association has a new chair and he's hoping to make New Zealand retail investors more savvy and help to raise their voice.

Ebos raises capital to pay down debt, eyes up M&A

Apr 30, 2019 00:00:58

Description:

The healthcare and animal products company, Ebos Group is looking to raise 150 million dollars to pay down debt as it eyes up further acquisitions.

Business News for 30 April 2019

Apr 29, 2019 00:09:16

Description:

The Official Cash Rate is more likely to be heading lower but there's caution that the months ahead might not play out as financial markets are betting. There's a warning from the employment watchdog - it's not just directors and shareholders who can be held responsible for abusing the rights of staff but family members involved in the business too. The tide of automation, artificial intelligence and robotics is sweeping through the world's job markets - changing what and how many of us work, and in some cases making us redundant.

Early Business News for 30 April 2019

Apr 29, 2019 00:02:27

Description:

A brief update of movements in the financial sector.

Evening Business for 29 April 2019

Apr 29, 2019 00:03:14

Description:

News from the business sector, including a market report.

Business briefs

Apr 29, 2019 00:00:39

Description:

Rubber goods manufacturer Skellerup has bought a maker of high-performance foam and soft material components.

Midday Markets for 29 April 2019

Apr 29, 2019 00:02:14

Description:

For the latest from the markets we're joined by Melika King of Craigs Investment Partners.

Abano's discount subscription service paying off for Lumino

Apr 29, 2019 00:01:44

Description:

The dental company, Abano's model of offering a discounted subscription to patients appears to be paying off with people paying more visits to the dentist.

Reliance on Govt bail-out feeds complacency

Apr 29, 2019 00:01:28

Description:

Dependency on a government bail-out is thought to be to blame for a lack of awareness about retirement savings.

Modest wage growth expected, could see lower inflation

Apr 29, 2019 00:01:20

Description:

Wage growth is expected to have ticked up only modestly so far this year pointing to lower inflation and potentially prompting the Reserve Bank to cut the official cash rate as early as next week.

Business News for 29 April 2019

Apr 28, 2019 00:07:12

Description:

News from the business sector, including a market report.

Early Business News for 29 April 2019

Apr 28, 2019 00:02:43

Description:

A brief update of movements in the financial sector.

Evening Business for Friday 26th April

Apr 26, 2019 00:02:56

Description:

News from the business sector, including a market report.

Business briefs

Apr 26, 2019 00:01:10

Description:

The country's trade deficit has narrowed but still remains at high levels, Air New Zealand's gas turbines business has signed a contract to service United States Navy turbines, worth more than 17-million US dollars.

Midday Markets for 26 April 2019

Apr 26, 2019 00:01:57

Description:

For the latest from the markets we're joined by Michael Grace of FNZC.

Huawei NZ buoyed by reports UK will approve 5G work

Apr 26, 2019 00:01:11

Description:

Reports that Britain is going to let telcos use China's Huawei equipment in 5G mobile networks has given some hope to telecommunications provider Spark that it can use the equipment here.

Cavalier ponders development of large carpet recycing service

Apr 26, 2019 00:01:35

Description:

The carpet manufacturer, Cavalier, is investigating the possibility of developing a large scale, end of life, carpet recycling service.

Funds for start-ups expected to keep more at home

Apr 26, 2019 00:01:30

Description:

The growing number of investment funds designed to support New Zealand start-up companies will help keep them from taking their business offshore.

Confidence holding steady despite future risks

Apr 26, 2019 00:02:03

Description:

Consumer confidence is holding steady, as a strong labour market offsets underlying concerns about global and local economic conditions.

Markets Update for 26 April 2019

Apr 25, 2019 00:00:43

Description:

A brief update of movements in the financial sector.

Business News for 26 April 2019

Apr 25, 2019 00:09:32

Description:

News from the business sector, including a market report.

Early Business News for 26 April 2019

Apr 25, 2019 00:02:20

Description:

A brief update of movements in the financial sector.

Evening business for Wednesday 24 April

Apr 24, 2019 00:07:49

Description:

News from the business sector, including a market report.

Business briefs

Apr 24, 2019 00:00:43

Description:

Trade Me has named a new chief executive after being taken over by the British private equity firm Apax Partners.

Midday Markets for 24 April 2019

Apr 24, 2019 00:02:15

Description:

For the latest from the markets we're joined by Michael Grace from FNZC.

KiwiSaver not enough to help young people invest for the future

Apr 24, 2019 00:01:27

Description:

People living paycheck to paycheck will need more than a KiwiSaver scheme to help them save and prosper.

Slower economic pace prompts caution over risk

Apr 24, 2019 00:01:39

Description:

Signs New Zealand's economy isn't going to be able to maintain the pace it's been running at, has investment analysts cautioning against chasing risk right now.

Banks defensive after survey reveals 'pressure selling'

Apr 24, 2019 00:01:46

Description:

The banking industry is defending itself after a consumer survey found banks selling customers financial products they don't want or need.

Markets Update for 24 April 2019

Apr 23, 2019 00:00:43

Description:

A brief update of movements in the financial sector.

Business News for 24 April 2019

Apr 23, 2019 00:08:08

Description:

News from the business sector, including a market report.

Early Business News for 24 April 2019

Apr 23, 2019 00:02:30

Description:

A brief update of movements in the financial sector.

Evening business for Tuesday 23 April

Apr 23, 2019 00:03:41

Description:

News from the business sector, including a market report.

Midday Markets for 23 April 2019

Apr 23, 2019 00:03:06

Description:

For the latest from the markets we're joined by Michael Grace of FNZC.

Businesses urged to do due diligence before digital investment

Apr 23, 2019 00:01:55

Description:

Businesses are being told they need to better understand how digital marketing works to avoid unscrupulous operators offering unrealistic returns on investment.

Fonterra mulling Tip Top offers

Apr 23, 2019 00:01:02

Description:

The dairy giant Fonterra is moving ahead with the next stage of its plan to flick its Tip Top ice-cream business.

Markets Update for 23 April 2019

Apr 22, 2019 00:00:56

Description:

A brief update of movements in the financial sector.

Business News for 23 April 2019

Apr 22, 2019 00:09:09

Description:

News from the business sector, including a market report.

Early Business News for 23 April 2019

Apr 22, 2019 00:02:25

Description:

A brief update of movements in the financial sector.

Evening business for Thursday 18 April 2019

Apr 18, 2019 00:03:22

Description:

News from the business sector, including a market report.

OIO approves sale of PGG seeds business to Danish company

Apr 18, 2019 00:00:43

Description:

The Overseas Investment Office has approved the sale of PGG Wrightson's seeds and grains division to a Danish company.

Midday Markets for 18 April 2019

Apr 18, 2019 00:02:25

Description:

For the latest from the markets we're joined by Mark Fowler from Hobson Wealth Partners.

Business NZ sees benefit in other tax recommendaitons

Apr 18, 2019 00:01:34

Description:

A capital gains tax is off the table but the government will still need to find a way to encourage long-term savings and investments.

Power companies earnings fall after tough dry season

Apr 18, 2019 00:01:07

Description:

Two of the largest power companies, Genesis Energy and Mercury, have lowered their financial forecasts.

Turners Automative tracking to full year expectations

Apr 18, 2019 00:01:35

Description:

The car auction and finance company, Turners Automotive, says its full year profit is running to expectations, with an improved fourth quarter trading performance.

Tourism Holdings to review American business after profit fall

Apr 18, 2019 00:01:22

Description:

Tourism Holdings has revised down its profit forecast for this financial year, after hitting trouble selling camper-vans in the United States.

Markets Update for 18 April 2019

Apr 17, 2019 00:00:53

Description:

A brief update of movements in the financial sector.

Business News for 18 April 2019

Apr 17, 2019 00:08:10

Description:

News from the business sector, including a market report.

Early Business News for 18 April 2019

Apr 17, 2019 00:02:35

Description:

A brief update of movements in the financial sector.

Evening Business for Wednesday 17th April,

Apr 17, 2019 00:04:42

Description:

News from the business sector, including a market report.

Midday Markets for 17 April 2019

Apr 17, 2019 00:02:38

Description:

For the latest from the markets we're joined by Grant Cotty of Hobson Wealth Partners.

NZ reputation of Aus-owned banks falls after Royal Commission

Apr 17, 2019 00:01:38

Description:

The Australian-owned banks operating in New Zealand have suffered damage to their reputations, after the Hayne Commission revealed widespread misconduct among their parent companies.

Boards warned to expect closer scrutiny

Apr 17, 2019 00:01:41

Description:

The directors of organisations can expect closer scrutiny as regulators get tough on companies' conduct and culture.

Provincial Growth Fund review unsurprising - analyst

Apr 17, 2019 00:01:22

Description:

An economic analysis firm, which has previously poked holes in the way money's divvied out from the Provincial Growth Fund, is pleased to see officials taking a closer look at it.

Lower than expected Inflation puts pressure on interest rates

Apr 17, 2019 00:01:56

Description:

Inflation is running below expectations, which is expected to put further downward pressure on interest rates.

Markets Update for 17 April 2019

Apr 16, 2019 00:00:59

Description:

A brief update of movements in the financial sector.

Business News for 17 April 2019

Apr 16, 2019 00:10:01

Description:

Watchdog takes a closer look at where a cash injection for the regions is actually going. A second shake up of the law governing overseas investment could mean more red tape. No dividend for Restaurant Brands' shareholders as it looks to expand. 

Early Business News for 17 April 2019

Apr 16, 2019 00:02:56

Description:

A brief update of movements in the financial sector.

Evening business for Tuesday 16 April

Apr 16, 2019 00:05:23

Description:

News from the business sector, including a market report.

Business briefs

Apr 16, 2019 00:00:21

Description:

Investment firm FNZC is taking the next step in its rebrand to Jarden by taking the naming rights for a building in Precinct Properties' Commercial Bay development on Auckland's waterfront.

Midday Markets for 16 April 2019

Apr 16, 2019 00:01:58

Description:

For the latest from the markets we're joined by Mark Fowler of Hobson Wealth Partners.

Electricity generators set for largest industry revenue fall

Apr 16, 2019 00:01:46

Description:

The writing could be on the wall for a few struggling business sectors.

KiwiSaver provider has 'lack of faith' in NZX

Apr 16, 2019 00:01:34

Description:

A KiwiSaver fund manager's foray into funding start-ups is part of a strategy to shift away from the stock market.

Restaurant Brands makes flat FY profit despite sales growth

Apr 16, 2019 00:03:26

Description:

The fast food operator, Restaurant Brands, has reported a flat profit, despite sales growth in its KFC chicken and Taco Bell brands.

Markets Update for 16 April 2019

Apr 15, 2019 00:00:51

Description:

A brief update of movements in the financial sector.

Business News for 16 April 2019

Apr 15, 2019 00:07:41

Description:

Financial Markets Authority starts legal action against directors and executive of now delisted Oceania Natural for market manipulation. Old fashioned annuities suggested for retirement savings. More signs of economic slowdown in services sector. The latest from the world's financial markets. 

Early Business News for 16 April 2019

Apr 15, 2019 00:02:29

Description:

A brief update of movements in the financial sector.

Evening business for Monday, April 15

Apr 15, 2019 00:03:20

Description:

News from the business sector, including a market report.

Business briefs

Apr 15, 2019 00:00:29

Description:

The water cooler company, Just Life Group, says it won't post an increased profit this financial year as initially expected, hit by an increase in the cost of borrowing on its purchase of the skylight ventilation system company, Hometech.

Midday Markets for 15 April 2019

Apr 15, 2019 00:02:33

Description:

For the latest from the markets we're joined by Brad Gordon from Hobson Wealth Partners.

Banks competing hard for customers as house sales slump

Apr 15, 2019 00:01:56

Description:

A big drop in the number of house sales is driving banks to compete for mortgage lending business with lower rates on longer terms.

Wider sector invited to join construction accord

Apr 15, 2019 00:01:20

Description:

Construction sector leaders hope to bring in industry players small and large to nut out the details of plan to tackle the problems they're facing.

$100m of KiwiSaver funds to go to NZ start-ups

Apr 15, 2019 00:01:05

Description:

The KiwiSaver fund manager Simplicity plans to invest at least $100-million of members growth funds into start-ups over the next decade.

Ongoing uncertainty plants seed of doubt among business

Apr 15, 2019 00:02:08

Description:

Uncertainty at home and offshore has seen confidence in the environment for doing business ebb away in the lower North Island.

Markets Update for 15 March 2019

Apr 14, 2019 00:00:52

Description:

A brief update of movements in the financial sector.

Business News for 15 March 2019

Apr 14, 2019 00:08:54

Description:

News from the business sector, including a market report.

Early Business News for 15 March 2019

Apr 14, 2019 00:02:35

Description:

A brief update of movements in the financial sector.

Evening business for Friday 12 April

Apr 12, 2019 00:03:14

Description:

News from the business sector, including a market report.

Midday Markets for 12 April 2019

Apr 12, 2019 00:02:48

Description:

For the latest from the markets we're joined by Belinda Stanley from Craigs Investment Partners.

ANZ to disocunt loans for healthy home renovations

Apr 12, 2019 00:01:07

Description:

ANZ is discounting its mortgage rates by up to 1 percent, and waiving fees, for borrowers renovating their properties to make them healthier to live in.

Super Fund invests up to US$115m in N America data centres

Apr 12, 2019 00:00:59

Description:

The Super Fund is investing up to 115-million US-dollars in North American data centres.

Foot off the accelerator in manufacturing sector

Apr 12, 2019 00:01:09

Description:

The foot's come off the accelerator in New Zealand's manufacturing sector but it's still thought to be doing a better job toughing out a slowdown than its global counterparts.

Chorus admits it didn't do enough for migrant workers

Apr 12, 2019 00:01:33

Description:

Telecommunications network operator Chorus admits it didn't do enough to prevent migrant workers building its ultra fast broadband system being exploited.

House sales fall as uncertainty weighs on the market.

Apr 12, 2019 00:01:15

Description:

House sales are down as the market ponders proposed changes to capital gains tax, while banks tighten up on lending.

Markets Update for 12 April 2019

Apr 11, 2019 00:01:01

Description:

A brief update of movements in the financial sector.

Business News for 12 April 2019

Apr 11, 2019 00:08:42

Description:

News from the business sector, including a market report.

Early Business News for 12 April 2019

Apr 11, 2019 00:02:22

Description:

A brief update of movements in the financial sector.

Evening business for Thursday 11 April

Apr 11, 2019 00:02:13

Description:

News from the business sector, including a market report.

Business briefs

Apr 11, 2019 00:00:29

Description:

A rise in the cost of fresh fruit, vegetables and groceries drove food prices higher last month.

Midday Markets for 11 April 2019

Apr 11, 2019 00:02:53

Description:

For the latest from the markets we're joined by Belinda Stanley from Craigs Investment Partners.

NZX breaking records, nearing spooky 10,000 threshold

Apr 11, 2019 00:01:32

Description:

A couple of weeks ago the local stockmarket benchmark top-50 index looked on the cusp of smashing through 10-thousand points.

Technology poses risk to global trade

Apr 11, 2019 00:02:05

Description:

Technology, not tariffs is one of the biggest risks to international trade, as more countries take stock of the risks.

LOGOS may look to NZ investors to support expansion plans

Apr 11, 2019 00:01:26

Description:

New Zealand investors may soon have an opportunity to invest in a large industrial property fund being developed in South Auckland.

Markets Update for 11 April 2019

Apr 10, 2019 00:01:07

Description:

A brief update of movements in the financial sector.

Business News for 11 April 2019

Apr 10, 2019 00:09:04

Description:

News from the business sector, including a market report.

Early Business News for 11 April 2019

Apr 10, 2019 00:03:23

Description:

A brief update of movements in the financial sector.

Evening business for Wednesday 10th April

Apr 10, 2019 00:02:41

Description:

News from the business sector, including a market report.

Business briefs

Apr 10, 2019 00:01:08

Description:

The Commerce Commission has filed four charges against a home-buyers financial advisory firm and its director over misrepresenting its services.

Midday Markets for 10 April 2019

Apr 10, 2019 00:02:21

Description:

For the latest from the markets we're joined by Andrew Cathie of Craigs Investment Partners.

IMF drops global economic forecasts

Apr 10, 2019 00:01:28

Description:

The International Monetary Fund is worried that trade tensions, tariff disputes and one off issues such as Brexit will combine to cause a marked global economic slowdown.

Michael Hill strategy promising - analyst

Apr 10, 2019 00:01:38

Description:

The jeweller Michael Hill International sales are still lagging behind a year ago but the company says there are signs the business is stabilising as it beds in a new plan.

Trustpower drops its profit guidance on flat revenue

Apr 10, 2019 00:01:58

Description:

Power company Trustpower has trimmed its earnings guidance on flat revenue growth, with below average generation volumes.

Comvita buys out rest of China J/V

Apr 10, 2019 00:00:54

Description:

The honey producer, Comvita is going to take full control of the business selling its products in China.

Markets Update for 10 April 2019

Apr 9, 2019 00:01:16

Description:

A brief update of movements in the financial sector.

Business News for 10 April 2019

Apr 9, 2019 00:09:36

Description:

News from the business sector, including a market report.

Early Business News for 10 April 2019

Apr 9, 2019 00:03:12

Description:

A brief update of movements in the financial sector.

Evening Business for Tuesday 9th April

Apr 9, 2019 00:04:15

Description:

News from the business sector, including a market report.

Business briefs

Apr 9, 2019 00:00:14

Description:

The chair of Mercury, Joan Withers, is stepping down after 10 years as a director.

Midday Markets for 9 April 2019

Apr 9, 2019 00:02:56

Description:

For the latest from the markets we're joined by Belinda Stanley from Craigs Investment Partners.

NZX censures, fines 'reckless' American derivatives trader

Apr 9, 2019 00:00:46

Description:

The New Zealand stock exchange has censured and fined an American-based derivatives trader for consistently breaching a handful of rules imposed on it.

Transport sector signals bottom of economic slowdown

Apr 9, 2019 00:01:29

Description:

The transport sector is signalling the economic slowdown may have bottomed out.

Startup investments showing no sign of slowing

Apr 9, 2019 00:01:27

Description:

New data on startup investments is showing strong growth and no sign of it slowing down.

Tourism Holdings' TH2 takes stake in Australian merger

Apr 9, 2019 00:01:29

Description:

Tourism Holdings and its joint venture partner in TH2 have expanded in Australia.

Mainzeal liquidators file counter-claim to directors' appeal

Apr 9, 2019 00:01:02

Description:

The legal battle over the failed construction firm Mainzeal has just got more complicated with the liquidators filing a counter appeal .. and seeking more money from the directors.

Markets Update for 9 April 2019

Apr 8, 2019 00:01:45

Description:

A brief update of movements in the financial sector.

Business News for 9 April 2019

Apr 8, 2019 00:08:34

Description:

News from the business sector, including a market report.

Early Business News for 9 April 2019

Apr 8, 2019 00:03:13

Description:

A brief update of movements in the financial sector.

Evening Business News for Monday 8th April

Apr 8, 2019 00:03:44

Description:

News from the business sector, including a market report.

Midday Markets for 8 April 2019

Apr 8, 2019 00:02:01

Description:

For the latest from the markets we're joined by Andrew Cathie from Craigs Investment Partners.

Callaghan clawbacks encouraging firms to keep research in NZ

Apr 8, 2019 00:01:43

Description:

The science and technology agency, Callaghan Innovation, says it's clawed back public money invested in technology start-up companies which have been taken over by foreign investors.

Stephen Tindall backs KiwiSaver fund manager Simplicity

Apr 8, 2019 00:01:36

Description:

Business leader, Sir Stephen Tindall, is funding growth in the KiwiSaver manager, Simplicity.

Gull launching in South Island in July

Apr 8, 2019 00:01:34

Description:

The small fuel retailer Gull plans to drive down the price of petrol in the South Island when it launches there in July.

Infratil revises down FY profit guidance as mangement fees rise

Apr 8, 2019 00:02:13

Description:

The infrastructure investor, Infratil, has revised down its full year earnings guidance by as much as 14 percent, as rising asset values have increased its management costs.

Markets Update for 8 April 2019

Apr 7, 2019 00:01:26

Description:

A brief update of movements in the financial sector.

Business News for 8 April 2019

Apr 7, 2019 00:08:32

Description:

News from the business sector, including a market report.

Early Business News for 8 April 2019

Apr 7, 2019 00:02:41

Description:

A brief update of movements in the financial sector.