Business
Evening business for 18 December 2025
News from the business sector, including a market report. Audio
IKEA shuts down support centre in wake of delivery woes
Homeware retail giant IKEA appears to be a victim of its own success. Audio
IKEA customers facing delivery delays and payment issues
Homeware retail giant IKEA appears to be a victim of its own success. It's shutting down its customer support centre from tomorrow for the rest of the week so that its team can focus entirely on… Audio
What is the BRICS ‘UNIT’ – and could it really challenge the US dollar?
At a major summit in Russia last year, a banknote was unveiled that carried more symbolism than monetary value.
GDP data shows bounce in September quarter
The economy rebounded in the September quarter, after contracting in the June period. Audio
Customers jump on fixed terms as rates rise
October saw $51.6 billion in home loan lending floating, up from $47.9b the month before and $42.7b the previous October.
The big switch: Should households still use gas?
Faced with dwindling gas supplies, manufacturers are shutting down, but more than 2000 homes were hooked up this year.
Banks hike fixed home loan interest rates
More banks are joining in as banks move to raise some mortgage rates.
Rising home loan rates have take some borrowers by surprise.
The country's biggest bank says it's seen an increase in people wanting to shift from floating to fixed rates over the past week. Money correspondent, Susan Edmunds spoke to Ingrid Hipkiss. Audio
2025 the year of first-home buyers - and biggest rent drop in 30 years
Latest housing data shows first-home buyers made 28 percent of purchases nationwide in October and November.
Warner Bros rejects Paramount bid, sticks with Netflix
Warner Bros described Paramount's offer as risky, saying it was backed by "an unknown and opaque" trust and depended on financing from Middle East sovereign wealth funds.
Singaporean fund manager buys Wynyard Quarter commercial site
The sale of the 1.7 hectare property to RP Financial marks the company's first purchase in New Zealand.
Health NZ set 'efficiency targets' of $500m
The savings in back-office and procurement functions would be re-invested into patient care.
Evening business for 17 December 2025
News from the business sector, including a market report. Audio
FENZ takes union to court for alleged intimidation of volunteers
The legal action is the latest twist in ongoing collective agreement negotiations.
Mortgage brokers not happy at ASB commission move
ASB has advised mortgage brokers that they would not be paid trail commission on new lending after next July.
