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Business headlines with summaries.
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Formal complaint lodged against Transpower over tower collapse
5 Jun 2025The collapse of the national grid operator's tower in Northland cut electricity to 88,000 customers.
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At least one in three businesses are unprepared for sale - ABC Business Sales
5 Jun 2025ABC Business Sales says at least one in three businesses are unprepared for sale, with unrealistic price expectations just one of the issues.
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Australian-owned Veridian wants to take over local rival Metro Performance Glass
5 Jun 2025Veridian asked the Commerce Commission to approve the takeover even though no formal offer has been lodged.
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Where house prices may pick up the fastest
Property values nationwide dropped 0.1 percent in May and are now 1.6 percent lower than a year earlier.
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Wellington job market 'pretty Hunger Games'
5 Jun 2025Two job-hunters have started an informal support network for people to get together and share tips and information about the employment market.
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Commerce Commission wants more rules for big supermarket players
5 Jun 2025One suggestion is to require retailers who buy cheap groceries during a sale to pay suppliers more if they then sell the product at a higher price. Audio
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Trump tariffs worse than pandemic, NZ businesses say
4 Jun 2025Exporters are the most concerned about their severe global impact, a survey indicates.
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Pinky-red fleshed Fizz apples could soon hit the shelves
5 Jun 2025The apple has berry tones and a strong flavour.
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Supermarket sector competition reports like Groundhog Day
5 Jun 2025Analysis - The latest report on the supermarket duopoly concludes much as the first report.
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Global alarms rise as China's critical mineral export curbs take hold
4 Jun 2025It has upended global supply chains central to automakers, aerospace manufacturers, semiconductor companies and military contractors .
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Two banks cut rates, how much further could they go?
4 Jun 2025ANZ and ASB have cut some of their mortgage interest rates.
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Call to rethink tax on KiwiSaver
Members could be significantly better off if New Zealand adopted a tax model similar to Australia's, an economist says.
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Advocacy group calls for removal of funeral directors as cremation middleman
4 Jun 2025Death Without Debt wants to see funeral directors removed as the middleman in cremations, saying it's costing people money.
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No changes to news with Trade Me sale - Stuff boss
4 Jun 2025The new ownership structure is about expanding and diversifying the business, Sinead Boucher says. Audio
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Households boosted by falling interest rates
Credit bureau Centrix says households are starting to feel the benefit of lower interest rates and weaker inflation - but some people are still feeling the pinch.
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Biggest bank cuts home loan rates
It will cut its 18-month fixed rate by 10 basis points to 4.89 percent, which the bank said was the lowest since April 2022.
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Supermarket facial recognition tech's benefits outweigh concerns - privacy commissioner
4 Jun 2025An inquiry has found safeguards reduced the intrusion to an acceptable level. Audio
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Property pays the bills for news media
3 Jun 2025Stuff's half-and-half deal with Trade Me for its digital wing is a full circle moment for the publisher. The outfit that's attracted ads so successfully is now a co-owner. And Stuff's main rival is…
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NZME board shake-up: 'An opportunity to debate editorial policy'
3 Jun 2025NZME has rubber stamped a compromise deal allowing an activist shareholder onto its board, while appointing a former National government minister as its chair.
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'Nightmare' job market for struggling IT workers
3 Jun 2025Workers appear to be under growing pressure, with signs of continued job losses.
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Two months, no offers: Is Wellington's real estate market improving?
3 Jun 2025"Mine is currently listed for what I paid for it last year, despite all the improvements that I made to it..."
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Trade Me to buy 50% of Stuff Digital
3 Jun 2025Under the agreement, Stuff's property section will become Trade Me Property branded. Audio
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The disruptor that's sent diamond prices tumbling
3 Jun 2025Lab-grown diamonds, indistinguishable from the mined kind, are flooding onto the market at a tenth of the price .
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Tiwai Point smelter to ramp up production
3 Jun 2025Power restrictions on the aluminium smelter are being eased as hydro lakes levels have risen enough to ease fears of stretched power supplies this winter.
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