Latest Business Headlines
Auckland Transport's "Bus To The Mall" Campaign: A Misuse Of Public Funds And A Blow To Local Businesses
Saturday, 21 December 2024, 11:14 pm | Dominion Road Business Association
AT's decision to promote privately owned malls at the expense of small businesses is a slap in the face to the hardworking entrepreneurs who form the backbone of our communities. More >>
13 Lotto Players Win Second Division
Saturday, 21 December 2024, 9:24 pm | Lotto New Zealand
Lotto NZ’s Christmas promotion is now on, and this year is our biggest Christmas ever, with $6 million in extra prizes to be won. More >>
$1.5 Million Win For Lucky Auckland Strike Player
Saturday, 21 December 2024, 9:22 pm | Lotto New Zealand
A Lotto player from Auckland will also be celebrating after winning $1 million with Lotto First Division in tonight’s live Lotto draw. More >>
Spirit And RTD Sales Hit As Drinking Culture Shifts And Consumers Put Their Wallets Away
Saturday, 21 December 2024, 3:06 pm | Spirits New Zealand
Spirits New Zealand’s Chief Executive, Robert Brewer, says official data shows that RTD volumes peaked at 9.5 million cases to the year ended March 2023 but fell to 7.9 million cases to the year ended October 2024. More >>
How To Stay On Top Of Emerging Tech Trends In Real Estate
Saturday, 21 December 2024, 2:22 pm | Hugh Grant
Staying abreast of current technological trends in the real estate field means staying relevant and bringing additional value to clients. Informed by thought leadership and key events, you take advantage of free resources. More >>
How To Reduce Network Bottlenecks
Saturday, 21 December 2024, 2:19 pm | Hugh Grant
There's nothing wrong with taking immediate action to resolve a bottleneck in progress, but if you want to avoid issues as much as possible, you need to be working proactively. More >>
A Very Parrot Analytics Christmas, 2024 Edition
Saturday, 21 December 2024, 5:27 am | Parrot Analytics
Parrot Analytics data confirms that the supply of Christmas movies has surged over the last two decades, growing sixfold from 2000 to 2023. The peak of new Christmas movie releases came in 2020, a time when audiences turned to feel-good content amidst ... More >>
Vocational Education: Certainty Needed After Years Of Change
Friday, 20 December 2024, 8:04 pm | Civil Contractors New Zealand
Civil Contractors New Zealand Chief Executive Alan Pollard said it was good to see acknowledgement that more robust consultation was needed, and the industry welcomed further discussion to establish a sound vocational education model. More >>
Commerce Commission’s Fibre Deregulation Review Welcome, But Falls Short Of Addressing Competitive Realities
Friday, 20 December 2024, 7:20 pm | Tuatahi First Fibre
The Commerce Commission’s decision to further investigate the deregulation of select fibre services offered by local fibre companies (LFCs) is a step in the right direction but falls short of keeping up with the competitive realities of today’s ... More >>
FMA Files Civil Proceedings Against InvestNow For Alleged AML/CFT Breaches
Friday, 20 December 2024, 6:51 pm | Financial Markets Authority
The proceedings follow a warning the FMA issued to InvestNow in September 2022 for failing to comply with AML/CFT Act requirements, including conducting customer due diligence to the extent required by the Act, and having adequate and effective processes ... More >>
H2Ocean: Fabrum And King Watercraft Collaborate On High Performance Hydrogen-powered RIB Boat
Friday, 20 December 2024, 5:43 pm | Fabrum
Christchurch companies Fabrum and King Watercraft create world-leading zero-emission high-performance hydrogen-powered RIB boat H2Ocean in Christchurch, ‘The Hydrogen City of New Zealand’ More >>
How Much Do Investors Drive House Prices?
Friday, 20 December 2024, 5:21 pm | RNZ
Investors are often driven by an expectation of capital gain - meaning they might overvalue a house, researcher says. More >>
Labour Hire Firm Under Migrant Exploitation Investigation In Liquidation
Friday, 20 December 2024, 4:59 pm | RNZ
Some 190 workers - mostly migrants on work visas - are set to lose their jobs as Prolink NZ goes into liquidation. More >>
Fresh Leadership For Greenfern
Friday, 20 December 2024, 4:00 pm | Greenfern Industries
Kirsten Taylor has been appointed the new board chair, bringing with her extensive experience of governance, business, marketing and product innovation. More >>
Premium, Once-In-A-Lifetime Lakefront Lots In Lake Hāwea For Sale
Friday, 20 December 2024, 3:29 pm | Quartz Development Group
In September, local Wānaka-based developer Quartz Development Group announced its plans to offer the 20 premium residential sections and shift the Hāwea Hotel further up Capell Avenue – as the existing hotel infrastructure is no longer fit for purpose. More >>
Individual Pleads Guilty To Insider Trading Charges
Friday, 20 December 2024, 3:17 pm | Financial Markets Authority
The FMA brought four charges against Mr Young. He has today pleaded guilty to three charges, with the FMA agreeing to withdraw one charge. More >>
Transpower Submits Proposal To The Commerce Commission To Increase Electricity Supply To The Western Bay Of Plenty
Friday, 20 December 2024, 3:09 pm | Transpower
Transpower has worked closely with Powerco, the local energy distributor, to develop a joint plan for developing the region’s electricity infrastructure to meet the region’s future needs. More >>
Auckland Vehicle Rentals Offers Convenient And Affordable Van Rental Services
Friday, 20 December 2024, 3:04 pm | Auckland Vehicle Rentals
With competitive pricing, flexible rental terms, and up to 100km of free travel included, AVR delivers exceptional value for customers across Auckland. Convenient pick-up and drop-off locations make the process even easier. More >>
Auckland Vehicle Rentals Makes Truck Hire Easy For North Shore Residents
Friday, 20 December 2024, 3:01 pm | Auckland Vehicle Rentals
With a fleet of well-maintained trucks available for hire, AVR ensures customers have access to vehicles that are spacious, easy to drive, and equipped with modern features like automatic transmissions and reversing cameras. More >>
Consumer Confidence Improves In Run-Up To Christmas
Friday, 20 December 2024, 2:55 pm | Retail NZ
The December ANZ-Roy Morgan NZ Consumer Confidence Index shows consumer confidence hitting positive territory, rising from 99.8 to 100.2. More >>
Coates Teams Up With Mission Australia To Support Those In Need
Friday, 20 December 2024, 1:29 pm | Coates
For the fourth consecutive year, volunteers from Coates, Australia’s leading equipment hire and solutions provider, have supported Mission Australia by donating food staples & festive treats, and delivered the hampers to Mission Australia sites across the ... More >>
Radware Expands AI-Driven Application And Network Protection For A Top 5 Bank In Italy
Friday, 20 December 2024, 11:27 am | Radware
The expansion of security services was also driven by stricter and changing regulatory controls. This includes the enforcement of the European Union’s new Digital Operational Resilience Act (DORA). More >>
Road Runner Rentals: One Of Three NZ Companies With Fully Green Warrant Certified Campervan Fleet
Friday, 20 December 2024, 10:59 am | Road Runner Rentals
“Hiring a Green Certified campervan means you can enjoy access to freedom camping sites across the country, all while ensuring your journey is both sustainable and fully compliant with legal requirements.” More >>
Commission To Issue Statement Of Issues On Contact’s Proposed Acquisition Of Manawa
Friday, 20 December 2024, 10:54 am | Commerce Commission
The Statement of Issues will be published on the Commission’s case register in due course, and will outline the Commission’s potential competition issues with the proposed acquisition following its initial investigation. The Statement will ... More >>
Members Appointed To The New Māori Plant Varieties Committee
Friday, 20 December 2024, 10:49 am | Ministry of Business Innovation and Employment
The Commissioner of Plant Variety Rights, Ross Van Der Schyff, General Manager Business and Consumer, MBIE, made the appointments and established the Committee under the Plant Variety Rights Act 2022. More >>
Cryptopia Account Holders Receive $400m From Liquidators
Friday, 20 December 2024, 9:07 am | Grant Thornton New Zealand Limited
Following this first distribution, liquidators will continue to follow the approved process. This includes giving notice of cut-off dates before distributing the remaining Bitcoin, Dogecoin and all other cryptocurrencies of sufficient value to account holders. More >>
Meridian And Nova To Partner On Te Rahui Solar Farm
Friday, 20 December 2024, 8:51 am | Meridian
The circa $660 million project, for which Nova received resource consent in April this year, will produce enough electricity to power around 100,000 homes. It is intended to reach Financial Investment Decision in the first quarter of 2025 and will be carried ... More >>
Cherries, Cheers, And Cargo: Air New Zealand's Festive Freight Takes Flight
Friday, 20 December 2024, 8:46 am | Air New Zealand
“We love playing a part in helping deliver some of New Zealand’s finest exports to the world, including New Zealand’s much-loved premium lamb and cherries. We like to think of ourselves as Santa’s little helpers, with a cargo hold full of ... More >>
Auckland Vehicle Rentals Simplifies Transportation With Flexible Truck Rentals
Friday, 20 December 2024, 5:19 am | Auckland Vehicle Rentals
With convenient pickup and drop-off locations across Auckland, including North Shore and West Auckland, AVR makes it easy to rent a truck and get started on any project. More >>
Auckland Vehicle Rentals Offers Reliable And Affordable Truck Rental Services Across Auckland
Friday, 20 December 2024, 5:17 am | Auckland Vehicle Rentals
AVR’s trucks are suitable for a variety of purposes, including moving household items, transporting furniture, and handling bulk deliveries. With different truck sizes available, customers can choose the vehicle that best suits their specific ... More >>
Auckland Vehicle Rentals Offers Convenient And Affordable Van Hire For North Shore Residents
Friday, 20 December 2024, 5:14 am | Auckland Vehicle Rentals
AVR’s fleet includes minibuses, cargo vans, and moving vans, each tailored to different purposes. Minibuses are ideal for group trips or team outings, while cargo vans are perfect for business deliveries or transporting goods. More >>
Economy back in recession as GDP shrinks by 1%
Thursday, 19 December 2024, 9:42 pm | RNZ
The economy has had its worst six months since 1991, outside the pandemic, with two quarters of significant drops. More >>
National, Labour blame each other - but is the Reserve Bank responsible for GDP fall?
Thursday, 19 December 2024, 9:38 pm | RNZ
The last two quarterly figures for the economy are the worst since the late 2021 Covid-19 lockdowns. More >>
Cooperative Business NZ Supports Calls To Strengthen Competition In The Banking Sector
Thursday, 19 December 2024, 8:34 pm | Cooperative Business New Zealand.
These banks are asking for changes that will help them compete with the large Australian-owned banks and give Kiwis more choices, CBNZ Chief Executive Saya Wahrlich says. More >>
We Have A Higher Hill, But We're Falling Faster. We're Snowballing.
Thursday, 19 December 2024, 8:29 pm | Kiwi Economics
Excluding Covid periods, the Kiwi economy recorded the weakest 6month period since 1991. And weakness is spreading across most industries. More >>
Wellington Airport Preparing For Busy Holiday Period
Thursday, 19 December 2024, 8:27 pm | Wellington Airport
The busiest day was last Friday (December 13th) with 22,000 seats. The 19th and 20th of December will also be very busy with over 20,000 seats and the 31st of January just short of that (19,900). More >>
EnergyMate Home Coaching Service Takes Off In Northland
Thursday, 19 December 2024, 8:13 pm | ERANZ
The service will be provided in Kaitaia by Kaitaia Family Budgeting Service and Senior Financial Advisor Tania Sneddon says it will go hand-in-hand with the household budgeting advice the organisation already provides. More >>
Travel Down Memory Lane With The Return Of The Southerner
Thursday, 19 December 2024, 7:41 pm | Great Journeys New Zealand
“The journey gives travellers a rare opportunity to immerse themselves in history, heritage, and Scottish charm on a once-in-a-lifetime adventure,” says General Manager Great Journeys New Zealand and Commuter Rail Tracey Goodall. More >>
Japanese Anime Captured $19.8 Billion In 2023 Global Revenue, Cementing Japan’s Role As A Global Entertainment Leader
Thursday, 19 December 2024, 7:32 pm | Parrot Analytics
Parrot Analytics contributes powerful streaming economics data to Anime Industry Report, the industry-leading whitepaper published by the Association of Japanese Animations (AJA). More >>
Transparency Of Power Price Increases To Help Prevent ‘price Shock’
Thursday, 19 December 2024, 4:12 pm | Electricity Authority
The Authority’s Acting General Manager Retail and Consumer Daniel Griffiths says: "This is an important step towards increased transparency and monitoring of planned price increases to help prevent consumer price shock. More >>
Apple Devices Demand Integration, Not Tolerance, In Today's Workplace
Thursday, 19 December 2024, 3:47 pm | Digital Arena
Devices are the tools of your trade, and people have preferences and employees increasingly expect device choice as part of their work environment, which reflects a broader trend over the last 14 years. More >>
Canterbury Businesses Set To Benefit From Second Ashburton Bridge
Thursday, 19 December 2024, 2:07 pm | Business Canterbury
Business Canterbury has been a strong advocate for this project for some time, and we are thrilled to see those efforts, alongside those of local leaders, finally come to fruition. More >>
One NZ Satellite TXT Begins Rolling Out To Customers On Eligible Phones And Plans At No Extra Cost
Thursday, 19 December 2024, 10:57 am | One NZ
One NZ is the first telecommunications company globally to launch a nationwide Satellite TXT service powered by Starlink, helping New Zealanders to be better connected, safer, and more productive. More >>
Overhead Power Lines Spark Safety Call
Thursday, 19 December 2024, 10:30 am | WorkSafe NZ
WorkSafe’s investigation found the employer, Coogan Contracting, failed to carry out a risk assessment to identify the overhead power lines as a hazard and have a spotter in place to ensure the lines were not contacted. More >>
New World Unwraps Last Minute Christmas Eve Shopping Trends And SOS Vending Machines
Thursday, 19 December 2024, 9:58 am | Foodstuffs Co-operative Affairs
To help Kiwi out if they discover a vital item of festive fare has slipped off the shopping list come Christmas Day, New World is launching Xmas SOS vending machines at select stores around the country. More >>
Christmas Connections: Reuniting Loved Ones This Holiday Season
Thursday, 19 December 2024, 9:43 am | Auckland Airport
Auckland Airport is a key connection point for about 26,000 tonnes of goods coming in and out of the country through Auckland Airport across the Christmas and New Year period (December 2024 and January 2025). More >>
Canterbury Businesses To Enter 2025 With Optimism
Thursday, 19 December 2024, 9:09 am | Business Canterbury
Business Canterbury Chief Executive, Leeann Watson says, "We're continuing to see improvement in business confidence, particularly around financial performance expectations." More >>
Air New Zealand Enables AirTag Location Sharing To Improve Baggage Recovery – Just In Time For Holiday Travel
Thursday, 19 December 2024, 8:54 am | Air New Zealand
From today, travellers who place an AirTag or other Find My network accessory in their bag can use the Find My app to generate and share a live location link with Air New Zealand’s customer service team if their luggage is delayed or mishandled. More >>
Northland Trucking Operators Welcome Mangamuka Gorge Reopening
Thursday, 19 December 2024, 8:49 am | National Road Carriers Association
Closed since August 2022 due to slips caused by severe weather, this 13-kilometre stretch of state highway situated within the Maungataniwha Range has undergone extensive repairs. More >>
ComCom To Look At Deregulation Of Select Fibre Services
Thursday, 19 December 2024, 8:42 am | Commerce Commission
“It’s important to note that the commission haven’t decided to deregulate – instead accepted there are grounds for considering deregulation. For deregulation to take place, the commission need to be satisfied there’s enough competition to ... More >>
Rental Listings Up 36 Per Cent Year-On-Year
Thursday, 19 December 2024, 8:30 am | Trade Me Property
Trade Me Property’s Customer Director Gavin Lloyd suggests several reasons for the recent rise in listings. “Possibly homeowners seeking additional income, an increase in Kiwi moving overseas, or maybe people are simply choosing to not leave ... More >>
Navigating Digital Adoption In New Zealand: Embracing Change For A Bright Future
Thursday, 19 December 2024, 8:15 am | Hugh Grant
Digital adoption is more than just keeping up with the developments in technology; it is a transformation that changes the very core of how businesses operate, communicate, and serve their clients. More >>
Otago Powerball Player Wins $5 Million
Wednesday, 18 December 2024, 9:21 pm | Lotto New Zealand
Tonight’s winner is the twenty-first Powerball multi-millionaire of 2024, and the win comes just days after a New Plymouth man scored himself $23.3 million with Powerball. More >>
Study Shows Cycleways Better For House Prices
Wednesday, 18 December 2024, 8:56 pm | University of Canterbury
A UC student research team have found that across Christchurch, for the median property, cycleways located within one kilometer increased property value by $1000. More >>
Fake Holiday Home Listing Remains Online For Weeks
Wednesday, 18 December 2024, 8:26 pm | RNZ
Kellie Walker noticed her six-bedroom holiday home was on the Booking.com website - but she had never listed it on that site. More >>
AmCham New Zealand Releases Results Of 2024 Survey Of US Companies Operating In New Zealand
Wednesday, 18 December 2024, 7:18 pm | American Chamber of Commerce in NZ
The Results Highlight The Challenges Business Faces And Investment Trends. More >>
Taranaki Growing As A Hot Spot For Interns And Graduates
Wednesday, 18 December 2024, 6:47 pm | Venture Taranaki
"Businesses have a huge opportunity to capitalise on this growing student interest by attracting top talent, all while contributing to the region’s growth and innovation," says Sean Markham, Talent Advisor at Te Puna Umanga Venture Taranaki. More >>
Westpac McDermott Miller Consumer Confidence, December Quarter 2024
Wednesday, 18 December 2024, 6:39 pm | Westpac
A Christmas boost to consumer confidence More >>
Celebrating Success In Building Capability Across The Building And Construction Sector
Wednesday, 18 December 2024, 6:31 pm | BCTF
BCTF Chief Executive Grant Florence, says an organisation focused on capability-building beyond initial trade training, BCTF helps bridge an existing gap in the sector especially given the uncertainties from further reform of vocational education. More >>
Media Statement From Max (Muresh) Kumar / Max Build Re Commerce Commission Charges For ‘Bid Rigging'
Wednesday, 18 December 2024, 6:20 pm | Max Build
Construction company Director says he regrets and accepts “full responsibility” for bid rigging following Covid - offers to return full value of contract. More >>