The Reserve Bank Governor warns of inflation risks if high oil prices persist
Published: September 22, 2026 04:04
Dr Anna Breman says the economy is showing signs of growth, although the recovery is being felt unevenly across the country.
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The Latest Business headlines from RNZ News
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Reserve Bank report reignites dual mandate debate
https://www.rnz.co.nz/news/political/1520239/reserve-bank-report-reignites-dual-mandate-debate
Published: September 22, 2026 03:02
The finance minister is using the report into the Reserve Bank's monetary policy during the Covid-19 pandemic to defend the government's decision to return the bank to a single mandate.
Labour doing a 'u-turn' with landlord tax break promise, advocate says
Published: September 22, 2026 02:24
"There's a lot of problems in the rental market and giving landlords tax relief is not going to address those problems," says Renters United.
Westpac investigates after outage leaves businesses unable to make PAYE payments
Published: September 22, 2026 02:23
Westpac suffered an outage in its Westpac One Business platform.
Businesses unable to make PAYE payments after Westpac outage
Published: September 22, 2026 01:59
Westpac has been suffering an outage in its Westpac One Business platform.
Stocktake of IT projects at MBIE finds some deficiencies in controls
Published: September 22, 2026 00:55
The stocktake of half a billion dollars of IT projects at the Ministry of Business, Innovation and Employment was sparked by a bungled immigration initiative the ministry misled MPs about.
Reserve Bank kept interest rates low too long, Covid-19 review finds
Published: September 22, 2026 00:39
But the major independent review found the initial response worked well.
Power companies warned to ensure customer apps functional as complaints surge
Published: September 21, 2026 22:28
The Utilities Dispute commissioner says it's getting a surge of complaints about apps, sorting out disputed bills and delays in getting through to call centres.
Employment confidence gains ground, but most still say jobs are hard to find
Published: September 21, 2026 22:11
But most survey respondents still say jobs are hard to find and pay rises are unlikely.
Property investors relieved at Labour's landlord tax deduction promise
Published: September 21, 2026 19:00
Labour ruled out changes to the settings with leader Chris Hipkins saying the party is committed to a capital gains tax instead.
Nike drops from US top 100 company index
https://www.rnz.co.nz/news/business/1511614/nike-drops-from-us-top-100-company-index
Published: September 21, 2026 18:56
Some commentators say it's a reminder to be careful about 'buy what you know' investment advice - others say there's a bigger lesson.
How private banks work and who uses them
https://www.rnz.co.nz/news/business/1511310/how-private-banks-work-and-who-uses-them
Published: September 21, 2026 18:46
A select few New Zealanders have access to private banks.
Has New Zealandâs supermarket duopoly created higher prices?
Published: September 21, 2026 17:12
The supermarket sector has become an election issue - but has supermarket duopoly actually created higher prices?
Cashmere Club fights for liquor licence after man's fatal fall while heavy drinking
Published: September 21, 2026 08:24
Colin Hunt died in hospital the day after hitting his head while celebrating his 70th birthday at the Cashmere Club.
TSB warned over fees
https://www.rnz.co.nz/news/business/1496185/tsb-warned-over-fees
Published: September 21, 2026 04:22
TSB charged a 25c fee on some business cheque transactions that should not have attracted it.
Incident involving two Air New Zealand pilots reported to Civil Aviation Authority
Published: September 21, 2026 02:36
There are allegations the pilots had a physical altercation at their hotel in San Francisco.
Women-only startup founders got 5.94 percent of venture capital in 2025
Published: September 20, 2026 21:56
Women-only startup founders received less than six cents in every venture capital dollar invested in New Zealand last year, despite a sharp rise in funding.
Fonterra raises farmgate milk price
https://www.rnz.co.nz/news/business/1486929/fonterra-raises-farmgate-milk-price
Published: September 20, 2026 21:13
Chief executive Richard Allen said it was supported by recent improvements in global commodity prices.
National MPs don't like supermarket break-up policy - David Seymour
Published: September 20, 2026 19:51
The ACT Party says National MPs have been coming to them "exasperated" by their own party's policy to break up the supermarket duopoly.
The rise of 'accidental landlords'
https://www.rnz.co.nz/news/personal-finance/1483439/the-rise-of-accidental-landlords
Published: September 20, 2026 18:53
People hoping to sell who can't get a decent price or any deal at all are holding on to properties as a rental instead.
Supermarket debate shift 'encouraging' as Labour, National campaign on reform
Published: September 20, 2026 18:40
The debate has shifted from whether intervention is needed in the grocery sector to how it should be done, Consumer NZ chief executive Jon Duffy said.
Supermarket showdown - the battle of the election policy
Published: September 20, 2026 17:29
The supermarket checkout is where the cost-of-living crisis hits hardest, and now it's the target of political parties
Forest and Bird calls for fast-tracked coal mining application to be declined
Published: September 19, 2026 02:29
The EPA has asked mining company Bathurst for more information about how it would protect wildlife in Buller.
Major property developer doubts Auckland CBD height removal will prompt short-term building
Published: September 18, 2026 05:07
A major Auckland property developer doesn't believe there will be a single new apartment built in the short term because of the change.
Committee backs WÄnaka bottle store next to Plunket clinic, AA meetings, despite concerns
Published: September 18, 2026 04:03
Some WÄnaka residents are appalled an off-licence has been granted for a Super Liquor to open next door to a Plunket clinic.
Petrol hits $3.25 a litre as AA warns prices are likely to stay high until mid-November
Published: September 18, 2026 03:37
The Automobile Association is warning Kiwi motorists to expect high fuel prices for at least another six weeks, and possibly through to Christmas.
Supermarket sector overhaul must be backed by facts, not assumptions, warns Foodstuffs North Island
Published: September 18, 2026 02:49
Foodstuffs North Island says an overhaul of the supermarket sector must be guided by evidence, not assumptions.
Christchurch's Orana Wildlife Park could get $1 million grant from ratepayer funds
Published: September 18, 2026 01:56
Financially troubled Orana Wildlife Park looks set to receive more than $1 million of ratepayer money.
ACT pledges to stop power companies being broken apart, open up solar market
Published: September 18, 2026 01:15
It comes as New Zealand First promises to split up the gentailers.
Future of banking could bring more choice, but also risk - RBNZ
Published: September 18, 2026 00:40
A Reserve Bank report says services could become as personalised as Netflix or Amazon within a decade.
Fuel prices see first rise in four months amid renewed US-Iran conflict
Published: September 18, 2026 00:03
Stats NZ figures showed petrol prices rose 2 percent in July and diesel prices were up nearly 9 percent.
Could a flexible superannuation cost taxpayers less?
https://www.rnz.co.nz/news/business/1452817/could-a-flexible-superannuation-cost-taxpayers-less
Published: September 17, 2026 23:51
The head of chartered accountants' organisation New Zealand says letting people choose to defer receiving superannuation could lead to savings of nearly $100 billion over 20 years.
Government eases food safety rules for small hospitality businesses
Published: September 17, 2026 22:25
David Seymour says they have been treated like fine-dining restaurants and have been struggling to keep up with paperwork.
Why 'in-between generation' may miss out on KiwiSaver bonuses
Published: September 17, 2026 21:02
National's policy would allow babies born from 1 July 2027 to receive $1500.
From âroughâ Hunua farm girl to one of Hollywoodâs go-to stuntwomen
https://www.rnz.co.nz/life/people/from-rough-farm-girl-to-one-of-hollywood-s-go-to-stuntwomen
Published: September 17, 2026 20:09
Falling off heights, setting herself on fire and swinging from horses - Kiwi Dayna Pomare has pushed herself in pursuing her passion over more than 30 years.
Auckland CBD height limits could be scrapped
https://www.rnz.co.nz/news/business/1447928/auckland-cbd-height-limits-could-be-scrapped
Published: September 17, 2026 19:30
The government and Auckland's mayor want fewer planning rules, to "take full advantage" of the new City Rail Link.
Economic scorecard: Why are things so bad in Wellington?
https://www.rnz.co.nz/news/business/1447027/economic-scorecard-why-are-things-so-bad-in-wellington
Published: September 17, 2026 18:30
ASB's latest rankings have placed the capital at the bottom of the pile.
More Kiwis taking 'hands off' approach with self-driving technology
Published: September 17, 2026 18:28
Driverless cars are legal in New Zealand, but must still operate under human supervision.
Australian property investors eye trans-Tasman landgrab
https://www.rnz.co.nz/news/business/1446377/australian-property-investors-eye-trans-tasman-landgrab
Published: September 17, 2026 17:19
Economic changes across the ditch and a favourable exchange rate have made New Zealand a very tempting market.
Five Karangahape Road venues lose their liquor licences after police intervention
Published: September 17, 2026 07:03
Among the five is the iconic Family Bar - a staple among Auckland's rainbow communities for more than 20 years.
FENZ Minister Brooke van Velden questions CEO over withheld information
Published: September 17, 2026 03:09
The Fire and Emergency NZ board will meet soon to answer the ministerâs accusations.
How much damage will athlete's incontinence do to $1b Hyrox brand?
Published: September 17, 2026 01:13
The high-intensity fitness racing world has been focused on Australian athlete Joanna Wietrzyk's performance at an event in Beijing, in which she suffered sudden faecal incontinence but continued to race.
Supermarket owners shouldn't make the rich list â supplier
https://www.rnz.co.nz/news/business/1433996/supermarket-owners-shouldn-t-make-the-rich-list-supplier
Published: September 17, 2026 01:06
A grocery distributor says Foodstuffs' scale lets it squeeze suppliers without passing savings to shoppers.
Advertised pay for government roles jumps sharply, SEEK says
Published: September 16, 2026 23:37
SEEK says advertised pay for government roles jumped 10 percent over the year, but overall salary growth remains below inflation.
Veggie growers warn supermarket shake-up could backfire on prices
Published: September 16, 2026 23:02
NZVeg's Mike Brown says squeezing growers' margins further risks reducing supply and raising prices.
New Zealand economy grows by 0.2% in June quarter
Published: September 16, 2026 22:51
It had been expected New Zealand would dodged significant economic damage from the US-Iran conflict
India free trade agreement edges closer after Parliament passes legislation
Published: September 16, 2026 22:14
The free trade agreement eliminates or reduces tariffs on 95 percent of exports, including kiwifruit, apples, meat, coal, wool, and forestry
'Broken hearts': Ponsonby eatery Mekong Baby closes
https://www.rnz.co.nz/life/food/broken-hearts-ponsonby-eatery-mekong-baby-closes
Published: September 16, 2026 21:40
Yet another window shuttered in central Auckland.
Government announces 'commonsense changes' to hospitality drop-off services
Published: September 16, 2026 21:30
David Seymour and Chris Bishop say the change would help people get home safely.
Soaring costs, election and potential dairy downturn overshadow farmers' decade-high profits, new survey finds
Published: September 16, 2026 20:11
Many farmers are looking at next year's books with pessimism, with the possibility of a new Government and rising costs.
'Repayments reached 99% of my income': Battling bank over a loan sinks woman's boat dream
Published: September 16, 2026 18:46
She was offered hardship provisions to help manage her payments - then she discovered they were making her loan more unaffordable.
Shoppers split over Foodstuffs break-up plan
https://www.rnz.co.nz/news/political/1423807/shoppers-split-over-foodstuffs-break-up-plan
Published: September 16, 2026 18:32
Kiwi shoppers are keen to see lower prices at the checkout - but not everyone is sold on National's plan.
Westpac approved to issue digital IDs
https://www.rnz.co.nz/news/business/1423777/westpac-approved-to-issue-digital-ids
Published: September 16, 2026 18:30
It said its business customers would soon be able to set up digital IDs they could share with customers and other third parties, to make banking more secure.
Autistic advocate hails introduction of low-sensory shopping at Dunedin Kmart
Published: September 16, 2026 18:29
Store confirms it will have low-sensory hours every Wednesday afternoon following an appeal from Dunedin man Josh Sime.
'Can't come soon enough': Councils and developers welcome revamped levy for infrastructure
Published: September 16, 2026 18:28
Councils will start transitioning to using the new system from 2029.
Stronger than expected economic pulse, despite US-Iran conflict
Published: September 16, 2026 18:28
New Zealand may have dodged any significant economic damage caused by the fuel-price shock and disruption that dominated the quarter.
Want to get more out of KiwiSaver?
https://www.rnz.co.nz/news/personal-finance/1423748/want-to-get-more-out-of-kiwisaver
Published: September 16, 2026 18:28
Providers say there are a few things people can do if they want to boost their own balances.
'Chilling': Business groups speak out against National's supermarket break-up plan
Published: September 16, 2026 17:16
Organisations say the proposal sends a "terrible signal" to investors, as BusinessNZ likens it to Labour's oil and gas exploration ban.
Who's slowing down the housing market?
https://www.rnz.co.nz/news/business/1422695/who-s-slowing-down-the-housing-market
Published: September 16, 2026 17:16
It's not first-home buyers hanging back, property data firm Cotality says.
Pact Packaging staff strike for living wage
https://www.rnz.co.nz/news/business/1414431/pact-packaging-staff-strike-for-living-wage
Published: September 16, 2026 07:07
About 50 union affiliated workers went on strike yesterday in response to the company's offer of an extra $0.66 an hour.
National vows to 'pursue' break up of supermarket giant Foodstuffs
Published: September 16, 2026 06:36
The policy to break up the supermarket giant was announced on the same day Labour promised to ban big companies from charging excessive prices.
Splitting up Foodstuffs: Would it actually drive down grocery prices?
Published: September 16, 2026 05:10
Multiple experts are welcoming the idea, but the business community is warning of unintended consequences.
Heart of the City to elect new board after tumultuous year
Published: September 16, 2026 03:52
Twelve Auckland business owners and landlords have now thrown their hats into the ring to be on the new board.
Pact Packing staff strike for living wage
https://www.rnz.co.nz/news/business/1414431/pact-packing-staff-strike-for-living-wage
Published: September 16, 2026 02:53
About 50 union affiliated workers went on strike yesterday in response to the company's offer of an extra $0.66 an hour.
Global dairy price drop points to 'mixed market'
https://www.rnz.co.nz/news/country/1412923/global-dairy-price-drop-points-to-mixed-market
Published: September 16, 2026 00:46
Milk powder prices held relatively steady but butter dropped 5.7 percent.
National vows to 'pursue' break up supermarket giant Foodstuffs
Published: September 15, 2026 23:51
The policy to breakup supermarket giant Foodstuffs was announced with little warning and on the same day Labour promised to ban big companies from charging excessive prices
Briscoe Group first half profits down, despite record sales
Published: September 15, 2026 21:53
Sales of sporting goods were up, while homeware fell back.
Consumer confidence lifts from three-year low
https://www.rnz.co.nz/news/business/1409945/consumer-confidence-lifts-from-three-year-low
Published: September 15, 2026 21:42
However consumers remain pessimistic in the face of high fuel costs and rising interest rates.
Super Fund gains $9.3b after strong year for global markets
Published: September 15, 2026 21:16
The New Zealand Superannuation Fund has grown by $9.3 billion over the past year, thanks to the continued strength of global sharemarkets.
Retirement village operators say law change needed to provide certainty
Published: September 15, 2026 20:43
A retirement village operators group says the government's plan to change the law to ensure residents moving out of a unit are fully repaid within 12 months is fair to operators and residents.
Fashion brand Cue in receivership
https://www.rnz.co.nz/news/business/1409535/fashion-brand-cue-in-receivership
Published: September 15, 2026 20:12
Cue has three standalone retail shops and one department store presence in New Zealand.
More sick days, help with childcare: What NZ employers are offering staff
Published: September 15, 2026 19:08
Some New Zealand businesses are already offering extra sick days for when workers' kids pick up a daycare bug.
KiwiSaver or something else? How to set kids up financially
Published: September 15, 2026 19:05
KiwiSaver is a popular choice for parents - and grandparents - investing for their children.
Migrant bus drivers who filled post-Covid shortage fear they will be discarded
Published: September 15, 2026 19:04
Drivers want changes to the residency pathway, arguing the English language requirements are too extreme.
Is it time to check your streaming subscriptions?
https://www.rnz.co.nz/news/personal-finance/1406788/is-it-time-to-check-your-streaming-subscriptions
Published: September 15, 2026 17:26
Westpac says it could be a good time to review entertainment spending, with 10 percent of customers spending more than $80 a month on TV subscriptions.
Highway closure costing West Coast pub owner thousands
https://www.rnz.co.nz/news/regional/1395094/highway-closure-costing-west-coast-pub-owner-thousands
Published: September 15, 2026 06:26
The small South Island township of Haast would usually be steadily humming with whitebaiters ahead of a busy summer.
Business split on capital gains tax idea, survey shows
https://www.rnz.co.nz/news/business/1388630/business-split-on-capital-gains-tax-idea-survey-shows
Published: September 15, 2026 02:24
New Zealand businesses are almost evenly split on the idea of a capital gains tax to address the country's long-term fiscal challenges.
NZ fuel supplies face increased risk, and no price relief
https://www.rnz.co.nz/news/business/1387288/nz-fuel-supplies-face-increased-risk-and-no-price-relief
Published: September 15, 2026 01:42
The head of the country's biggest fuel importer says supplies are flowing as normal and expected but the risks have increased.
Banks pass on more OCR increase to borrowers than savers, FMA data shows
Published: September 15, 2026 01:08
New data from the Financial Markets Authority shows that home loan borrowers on variable interest rates have felt the full impact of the most recent official cash rate increase - but savers have not.
Nicola Willis hints National to campaign on income bracket changes, research tax credit
Published: September 14, 2026 23:55
Nationalâs finance spokesperson says sheâs keen to tackle "bracket creep".
ASB chief executive Vittoria Shortt stepping down
https://www.rnz.co.nz/news/business/1384271/asb-chief-executive-vittoria-shortt-stepping-down
Published: September 14, 2026 22:58
Commonwealth Bank executive Sinead Taylor appointed as Shortt's replacement.
Company admits failing to protect worker safety after fatal fall
Published: September 14, 2026 21:17
An Auckland company has pleaded guilty after a worker fell four metres from a scissor lift and died nearly two years ago.
$500 compensation for man who may lose house after giving up job over vaccine rules
Published: September 14, 2026 20:30
The bank had an obligation to treat the man in a reasonable and ethical manner when he failed to meet his loan repayments, the Banking Ombudsman found.
Retirement village law change taking far too long, association says
Published: September 14, 2026 20:21
Many residents or their families are waiting up to two years to get their money back from a retirement village property, a group says.
Auckland and Wellington hit record property market lows
https://www.rnz.co.nz/news/business/1381555/auckland-and-wellington-hit-record-property-market-lows
Published: September 14, 2026 19:30
Auckland recorded a median 54 days to sell compared to a 10-year average of 43, while Wellington's median was 60, compared to an average of 41.
Decades of building industry research at risk
https://www.rnz.co.nz/news/business/1380690/decades-of-building-industry-research-at-risk
Published: September 14, 2026 18:36
Construction industry leaders say the government is breaking the chain of trust when it comes to the rigourous testing of building materials
KiwiSaver: Would Labour or National make you better off?
Published: September 14, 2026 17:28
KiwiSaver is once again being used as a political football, but how easy is it to compare Labour and National's policies?
Environmental imprint of new jeans 180 times higher than second hand pair - research
Published: September 14, 2026 09:13
The environmental benefits of choosing a second hand pair of jeans have been revealed in new data.
Are oil price hikes putting a pre-election OCR increase back in play?
Published: September 14, 2026 04:25
The Reserve Bank is due to review the OCR again on October 28, just over a week before the election on November 7.
Jobs still lagging as services sector improves
https://www.rnz.co.nz/news/business/1366367/jobs-still-lagging-as-services-sector-improves
Published: September 14, 2026 00:18
Employment remained in decline even as New Zealand's services sector notched a third month of growth in August.
Foreign students helping slow recovery of migration to New Zealand
Published: September 14, 2026 00:09
New Zealand had a net migration gain of more than 5000 in July.
Average price of 91 petrol now tops $3.10 as Iran war drags on
Published: September 13, 2026 23:23
Global oil prices surged above US$100 a barrel last week after renewed fighting between Iran and the US.
Solar power company looks at stock exchange float
https://www.rnz.co.nz/news/business/1365090/solar-power-company-looks-at-stock-exchange-float
Published: September 13, 2026 23:17
"Our vision is to build a solar farm in every community," Lodestone Energy's managing director said.
Westpac warns El Niño impact on the primary sector could slow GDP growth
Published: September 13, 2026 22:34
Westpac warns developing El Niño conditions could hit pasture-based farming hard, especially dairy, sheep and beef.
New apple variety grown in New Zealand makes world debut in Vietnam
Published: September 13, 2026 22:30
T&G Apples managing director said the new variety was designed specifically for sharing.
Why a financial adviser says nearly every rental property he's owned has lost money
Published: September 13, 2026 20:53
Niran Iswar said many investors were increasingly interested in assets that offered some liquidity.
Here Now: Chinaâs booming coffee scene is challenging Kiwi ideas about the perfect brew
Published: September 13, 2026 19:03
New Zealanders love their coffee. Flat whites, long blacks and other espresso-based drinks are deeply embedded in the country's café culture. But in China, where coffee drinking has surged in recent decades, consumers are developing very different tast...
Fast track housing projects already putting 'enormous strain' on infrastructure - LGNZ
Published: September 13, 2026 19:02
Fast track housing applications should not be able to bypass council decisions in areas where there were already plans for significant housing growth, says Local Government NZ.
'Every rental property I've owned has lost money' -Financial adviser
Published: September 13, 2026 19:01
Financial adviser Niran Iswar said many investors were increasingly interested in assets that offered some liquidity.
NZ's largest electricity consumers seek bipartisanship on policy
Published: September 13, 2026 17:47
The Major Electricity Users' Group said they are "still waiting" for political parties to address these issues comprehensively.
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