Latest Business Headlines
Road Pricing Required To Bridge Transport Funding Gap
Wednesday, 24 April 2024, 6:45 pm | Infrastructure New Zealand
New Zealand needs to properly price the cost of its roads as soon as possible, and better charge the cost of those roads to users. That is the stark message from Infrastructure New Zealand. More >>
Queenstown's Affordable Car Rental Options Boost Local Tourism Amid Economic Recovery
Wednesday, 24 April 2024, 6:41 pm | NZ Rent A Car
Local car rental services such as NZ Rent A Car, a service offering cheap car rental in Queenstown, are playing a pivotal role in this revival by providing budget-friendly rentals to tourists. More >>
Former Horse Trainer Sentenced For Bankruptcy Offending
Wednesday, 24 April 2024, 4:36 pm | Ministry of Business Innovation and Employment
A former horse trainer has been sentenced to five months home detention after he was convicted of providing misleading statements and hiding crucial information from the Official Assignee of New Zealand when he applied for self-adjudicated bankruptcy ... More >>
FRV Australia And Genesis Joint Venture Begin The Construction Of The Biggest Solar Farm In New Zealand
Wednesday, 24 April 2024, 3:38 pm | FRV Australia
This 63 MW solar farm is located one hour’s drive from Christchurch, at Lauriston on the Canterbury Plains. The plant is on a 93-hectare site and, once operational, will power the equivalent of nearly 13,000 houses. The expected construction costs ... More >>
Gas Remains The Energy Of Choice For Nearly Half Of New Zealand Homes
Wednesday, 24 April 2024, 2:48 pm | Gas NZ
Most residential gas consumers would only replace their existing gas appliances such as water heaters, cooktops or space heaters if they break down, according to a report from the Energy Efficiency Conservation Authority (EECA). More >>
Immigration New Zealand Cracks Down on Employer Non-Compliance
Wednesday, 24 April 2024, 2:33 pm | VisaAide
Leading visa and immigration consultancy, VisaAide, is urging New Zealand employers to make sure they’re up to date with their accreditation and compliant with New Zealand employment laws and standards, plus the Immigration Act 2009. This follows More >>
Financial Skills Boost For Waikato Businesses
Wednesday, 24 April 2024, 1:51 pm | The Icehouse
The Icehouse Regional Lead Waikato Maryse Dinan said business owners in the region were facing steep challenges navigating the effects of the rise in increase rates and minimum wage increases. More >>
Wellington Airport On Track For Net Zero Emissions By 2028
Wednesday, 24 April 2024, 1:39 pm | Wellington Airport Limited
This progress is a highlight of the airport’s annual Kaitiakitanga report released today, outlining efforts to support the environment, people and communities. More >>
Business Canterbury Urges Council To Cut Costs, Not Ambition For City
Wednesday, 24 April 2024, 1:36 pm | Business Canterbury
The Business Canterbury submission addresses concerns over a 'rates hump' and the need for the Council to maintain affordability while managing cost pressures. More >>
Wellbeing At Work Conference 2024
Wednesday, 24 April 2024, 1:30 pm | Hawke's Bay Chamber of Commerce
The conference is designed for business owners and employees to empower organisations and individuals to foster a healthier, more resilient workplace environment. More >>
Innovative Projects And Inspiring Young Professionals Announced As Finalists Of WasteMINZ Awards For Excellence
Wednesday, 24 April 2024, 1:14 pm | WasteMINZ
The Awards for Excellence shine a spotlight on the individuals, organisations and projects driving change and best practice within the waste, resource recovery and contaminated land management sectors. More >>
Small Business Job Growth Remains Strong, Sales Show Modest Improvement
Wednesday, 24 April 2024, 1:12 pm | Xero
Data Influenced By Early Easter, Payment Times Impacted By End Of Financial Year More >>
Overseas Merchandise Trade: March 2024 – Information Release
Wednesday, 24 April 2024, 1:07 pm | Stats NZ
Overseas merchandise trade statistics provide information on imports and exports of merchandise goods between New Zealand and other countries. More >>
Leave Policies Disadvantage Women In Tough Times
Wednesday, 24 April 2024, 12:40 pm | University of Auckland
Female employees with access to family leave policies bear the brunt of economic downturns, according to a new study. More >>
Rat Foot Investigation Closed
Wednesday, 24 April 2024, 11:20 am | NZ Food Safety
New Zealand Food Safety has closed its investigation into a rat foot discovered in prepackaged garlic bread, concluding the foot was not introduced in the commercial food supply chain. More >>
Lengthy Legal Battle Over ERA Determination Ends In Failure For South Island Business
Wednesday, 24 April 2024, 10:22 am | MBIE
In September 2022 Darren Angus, who with his wife Lyndal owns Caisteal An Ime Ltd (CAIL), trading as Akaroa Village Inn, was ordered by the ERA to pay $7,500 in penalties for refusing to provide a Labour Inspector with wages and time records; holiday and ... More >>
Retailers Cautioned: Poor Customer Experiences Bigger Threat Than Tech
Wednesday, 24 April 2024, 8:58 am | Convergence
New Zealand e-commerce retailers bewildered and anxious about the speed of technological change should not be frightened of what the future may hold for them because it is the correct application of technology that is critical to the customer experience--not ... More >>
Businesses Especially In Recessionary Times, Are Advised To Learn The Value Of The So-called 'Tyre Kicker'
Wednesday, 24 April 2024, 8:41 am | Smarketing Lab
It is common practice in business and sales in New Zealand to call some prospects' tyre kickers' and view them as a nuisance, but this attitude demonstrates a short-sighted interest in a quick sale rather than a long-term, caring relationship with our customers. More >>
Wellington Chamber Of Commerce Responds To Wellington City Council’s Decision On Reading Cinema Proposal
Wednesday, 24 April 2024, 6:14 am | Business Central
We have opposed the proposed deal between Wellington City Council and the multimillionaire, international owners of Reading Cinemas who refused to front up to the city that was bankrolling their development. More >>
Fish Dealer Fined $2000, Ordered To Do Community Work Over Inaccurate Sales Records
Tuesday, 23 April 2024, 4:52 pm | Fisheries New Zealand
An Auckland fish dealer who failed to provide accurate sales records for the pāua he was purchasing has been fined $2000 and ordered to do 40 hours’ community work. During an inspection of records by Fishery Officers in October 2022, they found 51 ... More >>
Prime Development Opportunity With Astounding Alpine Views Hits The Market In Picturesque Omarama High Country
Tuesday, 23 April 2024, 4:50 pm | Bayleys Realty Group
Spanning approximately 30.857 hectares of rural-residential zoned land, 4345 Omarama-Otematata Road presents an unparalleled opportunity for discerning buyers, developers and investors. “The rarity and scale of this property makes it uniquely appealing for those looking ... More >>
Taxpayers’ Union Shatters Window & Glass Association’s Protectionist Drivel
Tuesday, 23 April 2024, 4:46 pm | Taxpayers' Union
The Taxpayers’ Union is slamming today’s comments from Window and Glass Association NZ whinging about the opening up of their sector to much-needed competition. More >>
Revealed: Health Quality And Safety Commission Continues Rebrand Madness, Blowing Nearly $365,000
Tuesday, 23 April 2024, 4:41 pm | Taxpayers' Union
Taxpayers’ Union Connor Molloy said, “Somehow the commission and others have missed the memo of moving towards the standardised government branding and continued moving to new identities. Government agencies don’t need bespoke brands, by definition ... More >>
Ratepayer Victory! Wellington Pulls Out Of $32 Million Corporate Handout
Tuesday, 23 April 2024, 4:39 pm | Taxpayers' Union
Commenting on the news that Wellington City Council have decided to not go ahead with the $32 million Reading Cinema deal, Taxpayers’ Union Policy and Public Affairs Manager, James Ross, said: “Whatever spin the mayor tried to put on it, it was ... More >>
Ministry Of Social Development Sheds 200 Workers, More Cuts To Come
Tuesday, 23 April 2024, 3:29 pm | PSA
The Ministry of Social Development (MSD) has told staff today there will be further job cuts after accepting voluntary redundancy applications from 200 workers. Earlier this month MSD called for voluntary redundancies across parts of its Service Delivery ... More >>
Spark Business Group Attains Microsoft Solutions Partner Data & AI Designation
Tuesday, 23 April 2024, 3:21 pm | Spark Business Group
The designation further validates the technical capabilities, experience, and ability of the Spark Business Group to deliver successful customer outcomes aligned to Microsoft AI and Microsoft Cloud, such as machine learning and AI using Microsoft’s developer ... More >>
Government Ends War On Farming
Tuesday, 23 April 2024, 3:15 pm | Federated Farmers
The changes to unworkable and expensive regulations mark the end of the war on farming, says Colin Hurst from Federated Farmers. Federated Farmers strongly believe that winter grazing, stock exclusion and on-farm biodiversity can be better managed through ... More >>
Cheers To Many Fewer Grape Harvest Spills
Tuesday, 23 April 2024, 2:55 pm | la Ara Aotearoa Transporting New Zealand
Late last year a collaborative initiative between Wine Marlborough, wine growers, harvesters, harvest transport operators, infrastructure groups, Police and Transporting New Zealand led to the development of guidelines intended to help cut the number ... More >>
PepsiCo Foundation & Bluebird Award $100k Grant To Rising Foundation To Bolster Secondary Students' Employment Pathways
Tuesday, 23 April 2024, 2:48 pm | Bluebird Foods
The funds will allow The Rising Foundation to imbed a full-time programme coordinator and mentor at Papakura High School on a permanent basis, to provide practical, emotional, and cultural support for up to 70 year 9-13 students across the 2024 academic year. More >>
Window Industry Raises Concerns About Proposed Building Import Deregulation
Tuesday, 23 April 2024, 2:25 pm | Window and Glass Assoc NZ
Building window industry leaders are concerned the Government’s proposed deregulation of building industry imports may not improve housing affordability and may close local manufacturers. More >>
Immigration New Zealand Cracks Down on Employer Non-Compliance
Tuesday, 23 April 2024, 1:51 pm | Clickthrough Digital
Leading visa and immigration consultancy, VisaAide, is urging New Zealand employers to make sure they’re up to date with their accreditation and compliant with New Zealand employment laws and standards, plus the Immigration Act 2009. This follows ... More >>
Ora Pharm Leads New Zealand Medicinal Cannabis Exports To Australia
Tuesday, 23 April 2024, 12:32 pm | Ora Pharm
Waikato-based Ora Pharm has successfully completed its first export order of just under 100kg high quality medicinal cannabis dried flower product to its Australian distribution partner Canngea. More >>
NZ Forecasting Technology Helps Hawke’s Bay Orchardist Get Back On Track
Tuesday, 23 April 2024, 11:54 am | HortPlus
Hawke’s Bay orchardist Rob Nichol is among a burgeoning number of growers putting their faith in a New Zealand-made technology platform to help manage weather, pest and disease risks on their land. More >>
FMA Underlines Importance Of Effective Liquidity Risk Management For Fund Managers
Tuesday, 23 April 2024, 10:19 am | Financial Markets Authority
This guide updates and replaces the FMA’s 2020 Best practice guide for liquidity management and stress testing. More >>
New Import Requirements For Frozen Berries A Win-Win For Consumers And Food Importers
Tuesday, 23 April 2024, 10:12 am | Ministry For Primary Industries
New Zealand Food Safety today issued new import rules for frozen berries to help keep New Zealanders safe and improve processes at the border. More >>
New Home Loans Rise Despite Economic Conditions
Tuesday, 23 April 2024, 10:11 am | NZ Banking Association
The number of new home loans increased by nearly 30% in the six months to December 2023 according to retail banking insights released today by the New Zealand Banking Association. More >>
NZ’s First Green Hydrogen Express Refueller Supported By Coregas
Tuesday, 23 April 2024, 9:40 am | Coregas
Coregas NZ is proud to be a project partner to Halcyon, for the Halcyon Green Hydrogen launch of New Zealand’s first green hydrogen fast refuelling station at Wiri, South Auckland. More >>
Winter Blues Hit Early For Retailers
Tuesday, 23 April 2024, 9:36 am | Retail NZ
At the end of a slow summer of trading, New Zealand retailers are not feeling positive about their business prospects as they head into winter, according to the latest Retail Radar quarterly survey of Retail NZ members. More >>
Payments NZ Reminds Merchants Of EFTPOS Hardware Upgrade Deadline
Tuesday, 23 April 2024, 9:28 am | Payments NZ
Any devices running on the PCI 3.x standard will no longer be compliant after 30 June 2024, leading to their disconnection from Aotearoa New Zealand’s payment network. More >>
Over Half Of Drivers Distracted, And 21% Have Driven Under The Influence, New Research Shows
Tuesday, 23 April 2024, 8:45 am | AMI Insurance
Insurer AMI is cautioning drivers to be safe on the roads, as new research reveals that 55% of drivers admit to being distracted while driving*, and 21% said they’d driven under the influence of drugs or alcohol^. More >>
ComCom Secures Conviction Against Promoter Who Claimed They'd Be "One Of The Biggest Scammers In NZ
Tuesday, 23 April 2024, 8:41 am | Commerce Commission
The Commerce Commission is warning consumers about the risks and increasing sophistication of pyramid schemes, following the conviction of the lead New Zealand promoter of one of the biggest pyramid schemes the Commission has seen promoted in New Zealand. More >>
RBNZ Releases Submission On Draft Commerce Commission Market Study
Tuesday, 23 April 2024, 8:38 am | The Reserve Bank of New Zealand
The draft report provides a useful analysis of the current market structure and makes some valuable recommendations to improve how competition could work better for consumers. More >>
Making Cents (sense!) Of Post-halving Pricing…
Tuesday, 23 April 2024, 8:27 am | Launch PR
Too many investors don’t ‘Keep calm and invest on’, getting caught up in ‘timing the market’ in terms of entry or running aground when the market becomes more volatile. An ability to confidently navigate volatility is key to avoiding being a ‘Sirius’. More >>
Staff Call Time On ‘Work From Home’ Trend
Tuesday, 23 April 2024, 8:13 am | CCNNZ
The New Zealand contact centre industry is calling for staff to return to the office as it becomes more apparent that the ‘work from home’ model is unhealthy for staff and for business. More >>
You Don’t Need A Fat Nest Egg To Retire, Says Financial Adviser And Author
Tuesday, 23 April 2024, 8:09 am | Victor Kolkur-The Advice Hub
The author of New Zealand Retirement Planning Secrets, head of insurance and senior financial adviser at The Advice Hub, Victor Kolkur, says that while planning for retirement is essential, the amount of money you will need depends on the kind of ... More >>
Aotearoa Property Prices Continue To Rise
Tuesday, 23 April 2024, 7:25 am | Trade Me Property
The national average asking price for a property was recorded at $885,100, up 2.2 per cent compared to the same time last year. More >>
‘Bettering’ Of The Responsible Lending Code; A Red Herring
Tuesday, 23 April 2024, 7:17 am | Debtfix
We are grappling with a genuine debt crisis. While we appreciate the intent to broaden access to home lending, we fear that the proposed changes could have far-reaching implications across all lending sectors. More >>
"Shared Vision" Brings Māori Startups Together
Tuesday, 23 April 2024, 7:11 am | Tapuwae Roa
Highly contested business accelerator, Tupu, welcomed its inaugural cohort of Māori founders last week, kicking off its ten-week programme to drive sustainable growth for Māori businesses. More >>
SEEK NZ Employment Report March
Tuesday, 23 April 2024, 7:06 am | SEEK
In March, Public Sector roles declined to the greatest degree, which we know is due to a reduction in spending by ministries and agencies. However, roles within Professional Services and Construction are experiencing notable growth. More >>
Common Consumer Myths Busted
Tuesday, 23 April 2024, 7:01 am | Consumer NZ
The Consumer Guarantees Act (CGA) is turning 30 and Consumer NZ is on a mission to bust some of the most common misunderstandings about the Act. More >>
Energy Resources Aotearoa Shapes Sustainable Energy Future At World Energy Congress
Tuesday, 23 April 2024, 6:59 am | Energy Resources Aotearoa
Energy Resources Aotearoa Chief Executive and World Energy Council (WEC) Board member John Carnegie will attend the World Energy Congress, held from April 22nd to April 25th, 2024, in Rotterdam, The Netherlands. More >>
NZ Brand Oi Propels To Second Position In Exciting US Feminine Hygiene Market, Worth US $3.6 Bn
Monday, 22 April 2024, 6:09 pm | Joe Public Relations
The Kiwi business started selling its organic range in Whole Foods’ 500-plus stores last July and has since made significant strides in the US. It has captured the attention of other American retailers searching for a premium organic brand to sell in an exciting More >>
Ngāi Tahu Property And Mike Greer Homes Announce Joint Venture To Develop Prime West Melton Land
Monday, 22 April 2024, 5:35 pm | Ngai Tahu Property
The collaboration combines over 50 years of experience in land, residential, and commercial development, bringing together two of the strongest and most reliable developers in the region. The residential land development is expected to support More >>
BNZ Wins Canstar's Bank Of The Year, Home Loans
Monday, 22 April 2024, 5:16 pm | Canstar
The Bank of the Year, Home Loans award takes both residential and investor home loans into account, and assesses factors such as net cost, ease of application, the discharge process, and customer satisfaction. BNZ’s win was due to its strong combination More >>
Artisanal Gelato Entry Into Supermarkets Set To Reduce Food Waste Volumes
Monday, 22 April 2024, 4:49 pm | Island Gelato Co
Growing mainstream demand for artisanal gelato has seen one of the country’s largest manufacturers expand into supermarkets, as it eyes future domestic and export growth opportunities. The entry into the FMCG channel will also pave the way for an increase ... More >>
New Alliance Aims To Elevate Auckland's Appeal For Chinese Business Travellers
Monday, 22 April 2024, 4:45 pm | Auckland Airport
Of the 210,000 Chinese visitors entering New Zealand since travel resumed between the two countries, 13,000 – or 6 % – were here for business, conventions or conferences with the Chinese business travel segment recovered to 65% of pre-pandemic volumes. More >>
Justine’s Introduces New Keto Ginger Crunch Cookie, The Perfect Blend Of Indulgence And Nutrition
Monday, 22 April 2024, 4:38 pm | Justine's Cookies
“Our Keto Ginger Crunch Cookie is a testament to our commitment to providing wholesome treats for everyone. When you crave the satisfaction of baked goods but want to maintain a healthier lifestyle, this crunchy cookie is the perfect solution," says Justine More >>
Akaroa King Salmon Wins Champion Award At Outstanding NZ Food Producer Awards 2024
Monday, 22 April 2024, 3:51 pm | Akaroa Salmon
With 355 entries from across New Zealand, the competition was fierce. A distinguished panel of over 23 experienced judges, including renowned chefs and food writers such as Peter Gordon, Ginny Grant, and Nici Wickes, meticulously assessed the entries. More >>
RSM Names EJ Nedder As New Global CEO
Monday, 22 April 2024, 3:47 pm | RSM New Zealand
Steve Hayes, Chairman of RSM New Zealand welcomes the appointment of E.J.Nedder as the new global CEO for RSM International. Ernest "E.J." Nedder is currently Partner and Chief Strategy Officer for RSM US LLP and serves on the RSM Canada LLP Board ... More >>
Quayside Appoints New Chief Investment Officer – Sam Newbury
Monday, 22 April 2024, 3:40 pm | Quayside Holdings
Quayside has announced the appointment of Sam Newbury to the role of Chief Investment Officer (CIO), transitioning from an acting position, effective immediately. As one of the longest-standing Quayside employees, Sam joined Quayside in 2018 and has been ... More >>