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The Latest Business headlines from RNZ News
Site URL: www.rnz.co.nz/news/business
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Air Chathams announces $20 fuel surcharge on fares
https://www.rnz.co.nz/news/national/589212/air-chathams-announces-20-fuel-surcharge-on-fares
Published: March 10, 2026 21:48
Max Brough says his city has spent millions on its airport and it's unacceptable the airline may cut back on services.
No Stupid Questions: What could the Iran war really mean for your bank balance?
Published: March 10, 2026 21:21
The conflict could hit more than just your petrol budget - here's what you need to know.
Where are New Zealand's most affordable - and unaffordable - houses?
Published: March 10, 2026 21:17
Affordability is at the best level in almost a decade, but the effect is not being felt evenly.
Briscoe Group posts steady result in tough year for retail
Published: March 10, 2026 21:16
Managing director Rod Duke said delivering record sales in a year of weak consumer sentiment was "an outstanding result".
KiwiSaver balances wobble: Is this time different?
https://www.rnz.co.nz/news/business/589207/kiwisaver-balances-wobble-is-this-time-different
Published: March 10, 2026 20:39
Markets have been volatile this week as they digest the impact of the war in the Middle East.
What is a sabbatical and how do I get one?
https://www.rnz.co.nz/life/wellbeing/what-is-a-sabbatical-and-how-do-i-get-one
Published: March 10, 2026 19:38
Extended time off is rare for New Zealand workers, but some have secured the elusive perk.
The world is eating our lunch: How our apples, seafood and avocados make millions
Published: March 10, 2026 16:20
The world is eating our lunch, as nearly nine out of 10 apples go offshore.
Fuel supplies in NZ: 'Unless things change there'll be big challenges'
Published: March 10, 2026 12:40
The government has been assured the physical arrival of fuel is not under threat in coming months, says associate energy minister Shane Jones.
Warning for employers skimping on sick leave as Covid wave hits
Published: March 10, 2026 05:20
Under-pressure employers taking a hard line on sick leave are being warned to take care with the rules.
'It's quite deceptive': Complaint laid about the rise of property flippers
Published: March 9, 2026 21:02
One of the country's most prominent buyers' agencies has complained to the Real Estate Authority about "property flippers" making six-figures from unwitting vendors.
NZ economy 'on precipice' as markets wobble, oil price rises
https://www.rnz.co.nz/news/business/589094/nz-economy-on-precipice-as-markets-wobble-oil-price-rises
Published: March 9, 2026 20:09
Wider inflation, beyond just at the pump, may have already begun, an economist warns
How much fuel does NZ have - and what happens if we run out?
https://www.rnz.co.nz/news/business/589107/how-much-fuel-does-nz-have-and-what-happens-if-we-run-out
Published: March 9, 2026 20:04
With the war in Iran disrupting global supplies and prices, is there a plan if it all dries up?
Air NZ suspends earning guidance amid global jet fuel markets volatility
Published: March 9, 2026 19:58
The airline expects a meaningful impact on its second half earnings.
'Grey washing': SuperGold Card discounts skip entire regions
https://www.rnz.co.nz/news/business/589113/grey-washing-supergold-card-discounts-skip-entire-regions
Published: March 9, 2026 19:26
Some card holders are finding it hard to cash-in on weekly supermarket discounts.
War on the wallet: Iran conflict a 'worst of worlds' scenario
Published: March 9, 2026 17:55
The war and the resulting supply worries are pushing up global oil prices.
The real price of Buy Now Pay Later
https://www.rnz.co.nz/news/thedetail/589098/the-real-price-of-buy-now-pay-later
Published: March 9, 2026 16:31
One million Kiwis use a Buy Now Pay Later scheme, but not everyone is convinced the regulations governing them are adequate to protect users from harm.
More scope for private sector to ease public healthcare woes, report says
Published: March 9, 2026 16:00
The Westpac report found the public health system was under growing presssure, with an ageing population and wider social challenges pushing demand ever further beyond capacity.
One in two large businesses successfully attacked by cybercriminals in last year
Published: March 9, 2026 16:00
A new business cyber security report indicates 61 percent suffered a serious business disruption, including extortion in one-in-five cases.
'Rockets and feathers' effect: The phenomenon behind soaring gas prices
Published: March 9, 2026 07:07
Do petrol prices rise faster when oil increases, than they fall when it drops?
Airlines may look to cut flights as fuel prices soar, airline boss says
Published: March 9, 2026 05:33
The rising cost of oil is costing one small airline around $140,000 a month.
Anonymous survey for supermarket suppliers too scared to speak out
Published: March 9, 2026 04:26
The survey will help the Commerce Commission identify the biggest problems it needs to focus on.
Asian and New Zealand share markets tumble
https://www.rnz.co.nz/news/business/589056/asian-and-new-zealand-share-markets-tumble
Published: March 9, 2026 04:13
The New Zealand share market just had its worst session since April last year.
Iran conflict sparks freight chaos: New Zealand faces soaring costs and months‑long delays
Published: March 9, 2026 03:35
One freight company says local road transport carriers have already increased fuel charges by more than 30 percent.
Fine handed down after acquisition of wood shavings company lessened competition
Published: March 9, 2026 03:24
The Commerce Commission filed proceedings against Alderson Logistics and associated company Supa Shavings, over the acquisition of ABS Carriers in 2022.
Drivers flock to pumps as oil passes US$100 a barrel
https://www.rnz.co.nz/news/business/589018/drivers-flock-to-pumps-as-oil-passes-us-100-a-barrel
Published: March 8, 2026 23:20
Petrol stations were busy on the weekend, as the price of Brent Crude hit US$100 a barrel.
KiwiRail director Scott O’Donnell quits board two years early after only months in role
Published: March 8, 2026 23:03
Scott O'Donnell served only eight months of a term that was supposed to run three years.
Fonterra's $4.22 billion sale of its Mainland Group to Lactalis unconditional
Published: March 8, 2026 21:10
It said all required regulatory approvals and sale conditions had been satisfied and was expected to be completed by the end of the month.
Decade mistakenly in a cash fund: 'Why didn't the bank contact me?'
Published: March 8, 2026 20:31
"I thought they would have my best interests at heart," says the woman whose KiwiSaver was in a cash fund.
The world at our breakfast table: Three Kiwi staples that almost all end up offshore
Published: March 8, 2026 18:25
The world at our breakfast table: We're so good at producing some daily staples that 95% are exported.
Is pet insurance worth it?
https://www.rnz.co.nz/news/business/589003/is-pet-insurance-worth-it
Published: March 8, 2026 17:36
Whether it is worth taking out pet insurance is something owners will need to weigh up for themselves.
Showreel showcases Dunedin as diverse filming location
https://www.rnz.co.nz/news/national/588987/showreel-showcases-dunedin-as-diverse-filming-location
Published: March 8, 2026 07:02
Lights, camera, action, Ōtepoti! A new pitch is hoping to put Dunedin centre stage as the next Hollywood A-list film location.
Why do high earners get the pension? - Ask Susan
https://www.rnz.co.nz/news/business/588947/why-do-high-earners-get-the-pension-ask-susan
Published: March 7, 2026 19:04
Money corespondent Susan Edmunds tackles questions around pensions and KiwiSaver.
The Detail: The great property breakup
https://www.rnz.co.nz/news/thedetail/588884/the-detail-the-great-property-breakup
Published: March 6, 2026 15:56
New Zealanders finally seem to be dialling down their obsession with owning houses to create wealth.
Petrol prices jump past $3 a litre at the pump
https://www.rnz.co.nz/news/business/588830/petrol-prices-jump-past-3-a-litre-at-the-pump
Published: March 6, 2026 03:02
The price of 95 petrol has hit $3 in some parts of the country as conflict in the Middle East pushes up oil prices.
Worries AI could be used by supermarkets to charge customers more
Published: March 5, 2026 23:51
An expert is calling for legislation to block the use of dynamic pricing in supermarkets.
US-funded group sues SkyCity over Malta-based online gambling platform
Published: March 5, 2026 22:19
The class action is over gambling monies lost to SkyCity Online over a six-year period.
It could be NZ's tallest residential tower, but will Seascape ever be finished?
Published: March 5, 2026 22:08
Two years since construction halted and its owner went into receivership, the future of the 56-storey Seascape is up in the air.
TVNZ sees sharp drop in half-year profit on back of revenue decline
Published: March 5, 2026 21:44
Revenue fell 12 percent to $134 million, driven by a sharp fall in advertising income.
The businesses failing most frequently and what can you do to avoid joining them
Published: March 5, 2026 21:34
The number of liquidations is up 16 percent compared to last year as the economy grinds to recovery.
Why 'digital price tags' at the supermarket are causing concerns
Published: March 5, 2026 21:14
Sydney-based competition researcher Lisa Asher says changes to the Commerce Act could be widened to include pricing algorithms.
New Zealand prices of 'anything attached to fuel' will rise, logistics boss warns
Published: March 5, 2026 20:15
Oil costs are contributing to "off the charts" freight prices and it is only a matter of time before it flows on to consumers.
International students securing rentals without seeing them
https://www.rnz.co.nz/news/chinese/588804/international-students-securing-auckland-rentals-by-proxy
Published: March 5, 2026 19:57
Armed with smartphone gimbals and WeChat video calls, university student Piki Wang works as a "proxy viewer" - part of a growing, pay-per-view microeconomy on social media platform RedNote.
Reverse mortgage or retirement village: Which will give you the retirement you want?
Published: March 5, 2026 19:10
Jo Murphy says she sold her home and moved into a retirement village 15 years too soon. "Maybe I was simply lonelier than I thought."
A rival to the cheese roll? The story of the Hawke's Bay meatball
https://www.rnz.co.nz/life/food/a-rival-to-the-cheese-roll-the-story-of-the-hawke-s-bay-meatball
Published: March 5, 2026 18:45
Unlike its celebrated southern cousin, this ball of meaty goodness has remained a local treat.
NZ travel agents helping clients escape Middle East conflict
Published: March 5, 2026 17:40
Most commercial flights are not operating, with much of the region's airspace closed.
Why travel insurance might not help right now
https://www.rnz.co.nz/news/business/588783/why-travel-insurance-might-not-help-right-now
Published: March 5, 2026 17:37
An insurance ombudsman is expecting complaints from people whose travel has been disrupted by the Middle East war.
Call for politicians to confirm KiwiSaver members can have their money at 65
Published: March 5, 2026 05:59
A prominent investor and director is calling for politicians to confirm that New Zealanders can count on getting their KiwiSaver when they turn 65.
Finance Minister Nicola Willis says economic impact from Middle East war isn't clear
Published: March 5, 2026 05:13
The finance minister said she hasn't received formal Treasury scenarios on the impacts of the conflict.
Commissioner of Inland Revenue latest scam target
https://www.rnz.co.nz/news/business/588758/commissioner-of-inland-revenue-latest-scam-target
Published: March 5, 2026 04:55
Inland Revenue had received more than 3000 reports of scams from the public in the three months to the end of February.
Why Air NZ is in the red while rivals soar
https://www.rnz.co.nz/news/thedetail/588663/why-air-nz-is-in-the-red-while-rivals-soar
Published: March 4, 2026 22:13
The national carrier is caught in turbulent skies, with grounded planes, global conflict, and growing criticism from politicians and passengers
What are New Zealand's global supply chains being disrupted by the US-Iran conflict?
Published: March 4, 2026 22:07
Explainer - The war raging in the Middle East is disrupting supply chains, but what exactly does that mean?
Auckland sees biggest growth in consumer spending in two years
Published: March 4, 2026 21:46
Worldline NZ's payment data shows modest growth is holding steady elsewhere.
Tāiko Critical Minerals debuts on NZX
https://www.rnz.co.nz/news/business/588697/taiko-critical-minerals-debuts-on-nzx
Published: March 4, 2026 20:35
The Australian controlled company is offering local investors a chance to participate in the company's West Coast mining venture.
Trade Me drops success fee, Facebook 'snapping at its heels'
https://www.rnz.co.nz/news/business/588674/trade-me-drops-success-fee-facebook-snapping-at-its-heels
Published: March 4, 2026 19:06
The new fee structure will remove success fees from next week with a Trade Me spokesperson saying casual sellers will be better off.
Private landlords needed to help house rough sleepers
https://www.rnz.co.nz/news/national/588677/private-landlords-needed-to-help-house-rough-sleepers
Published: March 4, 2026 17:45
With the government limiting further social housing builds, Housing First providers are eyeing up market rentals - but the perfect properties, and owners, are hard to find.
Housing market 'upturns start somewhere'
https://www.rnz.co.nz/news/business/588669/housing-market-upturns-start-somewhere
Published: March 4, 2026 17:30
Cotality has released its latest data which shows property values lifted 0.2 percent in February, the strongest increase since October.
More than 2500 cases of Steinlager beer recalled for incorrectly being labelled alcohol-free
Published: March 4, 2026 06:55
NZ Food Safety says the recall is "concerning" for consumers who choose non-alcoholic beers for medical, cultural, or lifestyle reasons.
Buy Now Pay Later got a revamp - but borrowers are still out of pocket
Published: March 4, 2026 05:56
Some people are resorting to withdrawing money from their KiwiSaver accounts to clear buy now pay later debt, financial mentors say.
Petrol prices could hit $3 a litre amid conflict in Middle East
Published: March 4, 2026 05:05
Waitomo's chief executive says motorists should shop around "for the deal" over the next couple weeks as prices increase.
Former financial adviser fined $15,000, investors remain out of pocket
Published: March 4, 2026 04:03
David McEwen was convicted of four charges of breaching a banning order, but investors remain out of pocket.
A gold mine, an Australia mining giant and a community divided
Published: March 4, 2026 03:17
Central Otago is sitting on a gold mine that may be worth billions, but tensions are simmering.
New Zealand redraws open work visa conditions
https://www.rnz.co.nz/news/chinese/588589/new-zealand-redraws-open-work-visa-conditions
Published: March 3, 2026 23:38
Immigration New Zealand is set to update the conditions surrounding open work visas, clarifying self-employment and labour recruitment options.
Seascape developer Shundi Customs placed in receivership
https://www.rnz.co.nz/news/business/588606/seascape-developer-shundi-customs-placed-in-receivership
Published: March 3, 2026 23:32
The receivers say the priority is to ensure the 52-storey development near Auckland's waterfront can continue.
How do airlines judge when and where it's safe to fly near a conflict zone?
Published: March 3, 2026 23:03
The conflict in the Middle East is continuing to disrupt global air traffic with nearly 4000 flights a day being cancelled across the region.
War can be good for your KiwiSaver, but are you OK with that?
https://www.rnz.co.nz/news/world/588590/war-can-be-good-for-your-kiwisaver-but-are-you-ok-with-that
Published: March 3, 2026 22:44
Oil prices have increased and stocks in companies that make weapons have also lifted.
New Zealand faces shortage of ultra-luxury housing
https://www.rnz.co.nz/news/business/588583/new-zealand-faces-shortage-of-ultra-luxury-housing
Published: March 3, 2026 21:33
International premium-grade homes priced more than $20 million were scarce.
One decision that could cost women $200,000
https://www.rnz.co.nz/news/business/588574/one-decision-that-could-cost-women-200-000
Published: March 3, 2026 21:14
Women are being told to take more risk with their KiwiSaver accounts to help close the gap.
Global dairy prices continue to rise in wake of Middle East conflict
Published: March 3, 2026 21:11
The important whole-milk powder price, which influences farmer payouts, rose 4.5 percent.
Dozens of Auckland homes compulsorily bought by council for flood relief plan
Published: March 3, 2026 20:31
Auckland Council says it's just the start and more property acquisitions are planned.
Generational shift sees younger investors choosing managed funds over property
Published: March 3, 2026 18:06
A survey by a major bank indicates owning your own home or having a property investment is no longer seen as providing the best returns.
Green fuel needs a leg-up to be viable, modelling shows
https://www.rnz.co.nz/news/business/588552/green-fuel-needs-a-leg-up-to-be-viable-modelling-shows
Published: March 3, 2026 18:06
There are calls for more support for green fuel alternatives as the Middle East conflict exposes New Zealand's vulnerability to fuel supply chain shocks.
Is a mark on the wall 'damage'? Landlords, tenants puzzle over wear and tear
Published: March 3, 2026 16:00
A "very small dent". A Raro spill on the carpet. A broken mop and bucket. Will any of these land you in hot water?
Squirrel to stop personal loans
https://www.rnz.co.nz/news/business/588530/squirrel-to-stop-personal-loans
Published: March 3, 2026 06:44
Most of its business has become secured residential mortgages.
NZ has 'healthy stock levels' of fuel - MBIE
https://www.rnz.co.nz/news/business/588521/nz-has-healthy-stock-levels-of-fuel-mbie
Published: March 3, 2026 03:44
Iran has said the Strait of Hormuz, through which about 20 million barrels of the world's traded oil moves each day, is closed.
Where have the pay rises been this year?
https://www.rnz.co.nz/news/business/588486/where-have-the-pay-rises-been-this-year
Published: March 2, 2026 23:20
Many workers received little or no pay rises over the past year - but advertised salaries reveal some roles had significant pay bumps.
KiwiSaver changes open doors for farming business investments
Published: March 2, 2026 22:31
Fund managers said the proposed change could equally apply to a shopkeeper buying a business with living accommodation upstairs.
The lure of private (and pricey) education
https://www.rnz.co.nz/news/business/588444/the-lure-of-private-and-pricey-education
Published: March 2, 2026 20:58
And why parents are not being put off by the cost.
Forget L&P - Paeroa is the 'antique capital of New Zealand'
Published: March 2, 2026 18:13
To the locals, Paeroa has always been a town with a reputation bigger than its population.
GrabOne relaunches under new owners
https://www.rnz.co.nz/news/business/588442/grabone-relaunches-under-new-owners
Published: March 2, 2026 17:30
GrabOne is back - with a focus on escapes, experiences and activities.
Personal loan arrears hit 10-year high as people struggle to meet repayment obligations
Published: March 2, 2026 16:11
Loan arrears overall are lower than a year ago, but personal loan arrears have hit a 10-year high at 10.2 percent, up 6 percent on last year.
Echo Technology expands footprint, acquires new company
https://www.rnz.co.nz/news/business/588433/echo-technology-expands-footprint-acquires-new-company
Published: March 2, 2026 16:07
Echo Technology is acquiring BMS, a specialist in secure data storage disposal and the refurbishment and resale of end‑of‑life IT equipment.
Transpower needs 'fit for purpose' Public Works Act to expand electricity transmission system
Published: March 2, 2026 05:07
A select committee is hearing submissions on the Public Works Amendment Bill that aims to streamline land acquisition powers and compensation.
Businesses fear months of roadworks on Lower Hutt streets will put potential customers off
Published: March 2, 2026 03:40
Queens Drive and High Street will be closed for the rest of the year, which is causing traffic chaos and worrying businesses.
Should third party vehicle insurance be compulsory? Why the costs could outweigh the benefits
Published: March 1, 2026 22:56
An Automobile Association road safety spokesperson says the costs could outweigh the benefits.
Iran attack sparks warning for KiwiSaver, fuel, inflation
https://www.rnz.co.nz/news/business/588326/iran-attack-sparks-warning-for-kiwisaver-fuel-inflation
Published: March 1, 2026 21:29
"The world is more frightening than it was a couple of days ago," says Infometrics chief executive Brad Olsen.
NZ share market falls in first trading since US-Israel strikes on Iran
Published: March 1, 2026 21:19
The NZX50 fell 1 percent in early trading on Monday after the US and Israel attacked Iran at the weekend, prompting retaliatory strikes across the region.
Young farmer eyes first home dream as KiwiSaver rules change
Published: March 1, 2026 18:59
The change will allow service tenancy workers to use their KiwiSaver for a first home purchase without having to live in it.
Nangs in corner dairies: 'Should we be stocking this product at all?'
Published: March 1, 2026 17:40
Police say people are "playing chicken" and seeing whether they can drive without blacking out after inhaling the gas.
Iran strikes: 'We don't know when we can leave' - Kiwi restaurateurs trapped in Dubai
Published: March 1, 2026 08:33
Sid and Chand Sahrawat have heard explosions in Dubai, and say people are staying indoors as a precaution.
Can New Zealand's economy recover if house prices don't?
https://www.rnz.co.nz/news/business/588260/can-new-zealand-s-economy-recover-if-house-prices-don-t
Published: February 28, 2026 02:30
New Zealand's economy is expected to continue to slowly recover this year.
Australian buyer loses $100k deposit due to banking rules - could the same happen here?
Published: February 27, 2026 21:08
An Australian house buyer lost more than A$100,000 because he was two days' late with his deposit payment. It could happen in New Zealand, too, a banking expert says.
New gift card rules clarified
https://www.rnz.co.nz/news/business/588191/new-gift-card-rules-clarified
Published: February 27, 2026 05:04
From 16 March, gift cards have to have a minimum expiry time of three years.
Kiwirail triples its half-year earnings as demand rises
https://www.rnz.co.nz/news/business/588147/kiwirail-triples-its-half-year-earnings-as-demand-rises
Published: February 26, 2026 23:20
The state-owned rail operator's operating surplus for the six months ended December was $73.4 million compared to $25.8m a year ago.
Have benefit sanctions actually worked?
https://www.rnz.co.nz/news/business/588140/have-benefit-sanctions-actually-worked
Published: February 26, 2026 22:59
One economist says no - largely because of a major economic problem.
Newly formed Bioeconomy Science Institute to cut 134 jobs
https://www.rnz.co.nz/news/business/588135/newly-formed-bioeconomy-science-institute-to-cut-134-jobs
Published: February 26, 2026 22:15
The downsizing comes after several agencies earlier cut 152 jobs and were merged to create the Bioeconomy Science Institute.
Consumer confidence drops again after four-year high
https://www.rnz.co.nz/news/business/588137/consumer-confidence-drops-again-after-four-year-high
Published: February 26, 2026 21:56
It gave up much of its recent gains with higher fixed mortgage rates and stubborn inflation weighing on sentiment, ANZ's Sharon Zollner says.
Summerset reports record underlying profit, lower net profit on valuations
Published: February 26, 2026 21:31
Summerset chief executive Scott Scoullar said the company's strategy continued to deliver results, with underlying profit growth, strong sales and the company meeting its build targets.
Port of Tauranga delivers $70.2 million half-year profit
Published: February 26, 2026 21:13
Higher cargo volumes driven by a rebound in imports have delivered a strong half-year profit for the country's biggest port.
A home for granny, a headache for the homeowner
https://www.rnz.co.nz/news/thedetail/588084/a-home-for-granny-a-headache-for-the-homeowner
Published: February 26, 2026 20:32
The new rules cut a thin layer of red tape, but they're still complex, full of restrictions and just as expensive as always.
KiwiSaver withdrawal funded 'life-saving' weight loss surgery
Published: February 26, 2026 17:53
'I was going to die': Biddy Tai Ahmu says she would never been able to have the operation if she couldn't tap into the fund.
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