Internet outage hits Auckland suburbs
https://www.rnz.co.nz/news/regions_auckland/594813/internet-outage-hits-auckland-suburbs
Published: May 10, 2026 20:10
Chorus was yet to confirm the number of properties affected.
š¦ RNZ Business Headlines
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The Latest Business headlines from RNZ News
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Record-breaking $161,000 bull worth every cent, owner says
https://www.rnz.co.nz/news/country/594809/record-breaking-161-000-bull-worth-every-cent-owner-says
Published: May 10, 2026 19:19
Wairarapa farmer Keith Higgens last year paid $161,000 for an Angus bull from a renowned Gisborne stud.
How OECD's tax change could give you more money in KiwiSaver
Published: May 10, 2026 18:34
The OECD's report said the government should shift the burden of taxation of pension savings from contributions and returns towards withdrawals.
How to ask for a pay rise
https://www.rnz.co.nz/life/lifestyle/how-to-ask-for-a-pay-rise
Published: May 10, 2026 17:44
As awkward as it may be, talking about how your pay reflects the value you bring is an important step in helping your employer see your contribution and growth.
Tax I paid in 1962 was meant to give me a pension. Where did that go? Ask Susan
Published: May 10, 2026 09:08
RNZ money correspondent Susan Edmunds answers your questions.
Mediawatch: Putting down the watchdog?
https://www.rnz.co.nz/news/political/594762/mediawatch-putting-down-the-watchdog
Published: May 10, 2026 01:18
The government wants to replace the heavy hand of the state with self-regulation for media. Would that work?
Consumer test: Which butter tastes best?
https://www.rnz.co.nz/news/personal-finance/594760/consumer-test-which-butter-tastes-best
Published: May 9, 2026 22:29
When it comes to butter, paying more doesn't necessarily pay off.
You've put solar on the roof - but will you get the returns you expect?
Published: May 9, 2026 20:32
Solar panels can cut bills, but experts say savings depend heavily on location, usage habits and electricity pricing plans.
Is your savings account interest rate really as good as you think it is?
Published: May 9, 2026 02:42
Banks say some savers lose bonus interest after a single withdrawal or missed deposit, dropping returns to near-zero base rates.
ExāXero staffer Ally Naylor glad to see Sir Rod Drury return NZer of the Year Award
Published: May 9, 2026 02:13
Ally Naylor uses the words "elation" and "validation", after hearing Sir Rod Drury - whom she has accused of misconduct - had returned his New Zealander of the Year award.
Olive industry confident despite closure of Wairarapa producer
Published: May 9, 2026 00:03
Olives NZ says the sector is strong enough to handle the collapse of a key Wairarapa processor before harvest season.
Corrections union says fuel crisis worsening prison staffing shortages
Published: May 8, 2026 23:36
The Department of Corrections has been accused of lacking a clear response plan to increasing fuel costs.
Florists seek to arrange value for cash-strapped shoppers this Mother's Day
Published: May 8, 2026 20:53
Pink or autumn bouquets are most popular for Mother's Day this year, says the Botanical Nest florist in Timaru.
Number of jobs to go in major Auckland public transport shake-up revealed
Published: May 8, 2026 07:21
180 roles across Auckland Transport and Auckland Council are proposed to be disestablished, but new roles mean the net loss will be about 20.
Yiliās NZ profits surge as shift to higher-value dairy pays off
Published: May 8, 2026 05:02
The Chinese-owned dairy group says a shift away from volume toward premium products is driving stronger returns in New Zealand.
Xero founder Sir Rod Drury returns New Zealander of the Year award amid misconduct claims
Published: May 8, 2026 04:35
The 2026 New Zealander of the Year award would not be re-awarded, the office confirmed.
Commerce Commission greenlights Gull NPD merger
https://www.rnz.co.nz/news/business/594664/commerce-commission-greenlights-gull-npd-merger
Published: May 8, 2026 02:51
The merged fuel companies will still maintain their individual brands across 240 sites.
Rocket Lab hits record revenue for quarter, looks to cash in on Trump's 'Golden Dome'
Published: May 8, 2026 00:54
Its founder says the company is well placed to benefit from next big wave of US defence spending.
Extinct huia speciman expected to sell for less than a single feather
Published: May 8, 2026 00:16
Two years after a single huia feather sold at auction for a world record $46,521, an entire specimen is going under the hammer.
Is owning a rental property still worth it? Expert says the economics have changed
Published: May 7, 2026 23:10
A university professor says various pressures have changed the economics of property investment.
Travel show kicks off amid rising fuel prices and uncertainty
Published: May 7, 2026 22:58
The Auckland Travel Show is taking place for the second time this weekend, and for the first time at the New Zealand International Convention Centre.
Kiwi-founded Rocket Lab hits record revenue in first quarter
Published: May 7, 2026 22:40
Rocket Lab has posted record revenue of US$200 million (NZ$336 million) in the first quarter, as demand for its launch vehicles surges.
More than 30 roles on chopping block at Maritime NZ - PSA says
Published: May 7, 2026 21:13
PSA national secretary Duane Leo said the proposed job cuts would turn the water safety regulator into "the ambulance at the bottom of the cliff".
Demand for solar panels soars alongside fuel prices
https://www.rnz.co.nz/news/business/594620/demand-for-solar-panels-soars-alongside-fuel-prices
Published: May 7, 2026 20:43
The government has announced a review into solar panel installation, which it describes as a "red tape nightmare".
New Zealanders to spend less time paying tax
https://www.rnz.co.nz/news/business/594603/new-zealanders-to-spend-less-time-paying-tax
Published: May 7, 2026 18:41
The failure of the economy to fire up means New Zealanders will spend five fewer days paying tax this year.
The world is getting the best of New Zealand while we're eating cheap imports
Published: May 7, 2026 18:36
"We're quite often exporting premium products to a premium market segment, whereas we're importing the commodity stuff for the mass market," economist Shamubeel Eaqub said.
How much does it really cost first-home buyers to get into the market?
Published: May 7, 2026 18:02
Over the past year, first-time buyers have purchased 24,800 properties - the highest annual number since the year to the third quarter of 2021.
Meta expanding protections for New Zealand teenagers
Published: May 7, 2026 17:37
It comes as the government mulls banning social media for under 16-year-olds.
Are banks immune to downturns?
https://www.rnz.co.nz/news/business/594586/are-banks-immune-to-downturns
Published: May 7, 2026 17:27
Some commentators are asking whether the run of recent profits show banks are one of the few businesses that can turn a healthy profit no matter what.
Why commission-earners are set to receive the 'lowest hourly rate' of pay
Published: May 7, 2026 08:18
People being paid commission may face difficulties with a new law intended to simplify New Zealand's rules around leave.
OECD report suggests raft of reforms to help New Zealand economy
Published: May 7, 2026 08:06
An Organisation for Economic Co-operation and Development report says New Zealand also needs to expand and strengthen capital markets and speed up digitisation of the health sector.
Lego able to continue trademark battle against Zuru after Supreme Court approval
Published: May 7, 2026 04:57
The long-running battle between New Zealand-founded toy company Zuru and global giant Lego centres on a phrase printed on packaging.
Rents down, but take care before you ask your landlord for a drop, Realestate.co.nz says
Published: May 7, 2026 04:47
Experts warn that asking for a new deal would highlight how could you already have it.
Meridian innovation supplies more energy than capacity of two wind farms combined
Published: May 7, 2026 01:17
It said it was more energy than the combined capacity of the company's Te Uku and White Hill wind farms.
Emirates restores 96 percent of its global network, but Auckland services still reduced
Published: May 7, 2026 00:25
The airline has faced significant disruption as the United Arab Emirates came under attack by Iranian drones and missiles, leading to the closure of Dubai International Airport.
ANZ customers underpaid their mortgages - so why are they set to get a payout?
Published: May 7, 2026 00:11
Considering no customers were left out of pocket by ANZ's errors, how has it lost a class action lawsuit?
TVNZ found in breach of broadcasting standards over Trump report
Published: May 6, 2026 23:52
The complaints focused on supposed comments made by the US president after the arrest of the man alleged to have shot conservative activist Charlie Kirk.
Kiwi honey exporter Comvita bolsters future with $25 million capital raise
Published: May 6, 2026 23:01
Earlier this month the company went to the market with a rights offer to all shareholders, of up to $30million at 65 cents a share.
Santana clears OIO hurdle for Central Otago gold project
https://www.rnz.co.nz/news/business/594510/santana-clears-oio-hurdle-for-central-otago-gold-project
Published: May 6, 2026 22:15
It's a project that has faced public opposition from actor Sam Neill and some local landowners.
Developer seeks to build road through Silverstream Spur, construct 1600 homes
Published: May 6, 2026 22:13
A developer is looking to construct 1600 homes, and a road through Silverstream Spur.
Developer seeks to build road through Silverstream Spur, then construct 1600 homes
Published: May 6, 2026 18:47
A developer wanting to construct 1600 homes near Upper Hutt is seeking to build a road through Silverstream Spur but some say there will be harm to native wildlife.
Why commission-earners are set to receive the 'lowest hourly rate' of pay
Published: May 6, 2026 18:39
People being paid commission may face difficulties with a new law intended to simplify New Zealand's rules around leave.
Unemployment expected to get worse as fuel crisis impact yet to be felt
Published: May 6, 2026 18:27
Kiwibank's chief economist says the full impact of the fuel crisis will be felt later this year.
Small Australian designers giving up on fighting fast-fashion giant Shein
Published: May 6, 2026 18:18
Small Australian fashion designers say it is too time-consuming to continue to ask Shein to take down copies of their designs.
Who's got the most disposable income?
https://www.rnz.co.nz/news/business/594467/who-s-got-the-most-disposable-income
Published: May 6, 2026 17:58
RNZ has crunched the data to look at which areas in New Zealand are left with the most in their bank accounts after they've covered the essentials.
Why can't we agree on the office aircon temperature?
https://www.rnz.co.nz/life/lifestyle/why-can-t-we-agree-on-the-office-aircon-temperature
Published: May 6, 2026 17:25
Wearing your padded jacket while your colleague is breezing by in a light shirt? Debate heats up as seasons change.
AI causing headaches for both job hunters and recruiters
https://www.rnz.co.nz/news/business/594440/ai-causing-headaches-for-both-job-hunters-and-recruiters
Published: May 6, 2026 06:12
People looking for a job are feeling dehumanised, whilst employers are getting overwhelmed with hundreds of applications produced by AI.
AI-generated identity fraud reported by more than half of businesses - report
Published: May 6, 2026 04:18
The report from Lumin says there was an average cost of $2.2 million for each attack.
Media awards dump Voyager as sponsor after founder's social media posts
Published: May 6, 2026 04:00
The News Publishers' Association says it acted after being made aware of social media content Voyager CEO Seeby Woodhouse had re-posted.
How much did cashback campaign cost banks?
https://www.rnz.co.nz/news/business/594420/how-much-did-cashback-campaign-cost-banks
Published: May 6, 2026 03:51
A small share of home loan borrowers benefited from banks competing with cashback offers last year, the Reserve Bank says.
Channel Infrastructure lifts full-year profit guidance
https://www.rnz.co.nz/news/business/594419/channel-infrastructure-lifts-full-year-profit-guidance
Published: May 6, 2026 03:40
The fuel crisis is continuing to drive demand for its services.
'Bad timing' ferry fuel surcharge will disproportionately affect farmers, says transport leader
Published: May 6, 2026 03:24
High Cook Strait ferry fuel surcharges have come at one of the busiest times of the year for dairy and beef farmers.
Middle East conflict: Warning over Kiwis' ability to pay back debt
Published: May 5, 2026 23:07
With a bleaker outlook for the economy, it will potentially make it harder for borrowers to service debt, a new Reserve Bank report says.
Businesses increasingly dissatisfied with government due to rising costs, survey says
Published: May 5, 2026 23:01
Despite satisfaction dipping, the coalition parties maintained a clear majority of support from Small and medium-sized business operators.
Unemployment rate drops slightly to 5.3 percent in first quarter of year
Published: May 5, 2026 22:58
The data was a shade better than most forecasts, and close to the Reserve Bank's forecasts from February.
War an excuse to hike prices even without fuel costs - economist
Published: May 5, 2026 22:24
Businesses could be exploiting the war to raise prices even when not directly related to the fuel crisis, an economist says.
CDC signs deal to build 555-megawatt data centre
https://www.rnz.co.nz/news/business/594377/cdc-signs-deal-to-build-555-megawatt-data-centre
Published: May 5, 2026 22:06
CDC secured a 30-year contract with an unnamed United States-based high-end investment grade customer, with renewal options of up to 20 years.
Global milk prices rise after previous slides
https://www.rnz.co.nz/news/business/594373/global-milk-prices-rise-after-previous-slides
Published: May 5, 2026 21:25
A drop in milk volumes sold saw prices rise at the Global Dairy Trade auction overnight, stopping the slide seen at the previous two events.
How can foreign butter (and veges) be cheaper than New Zealand-made?
Published: May 5, 2026 17:16
Consumers are questioning why foreign butter and veges are sometimes cheaper than New Zealand-made.
Fuel costs, household expenses on the rise as economy heads into āchoppy watersā
Published: May 5, 2026 07:41
Economist Cameron Bagrie told Checkpoint it's reasonable to think there is at least six months of bumpiness awaiting New Zealand.
Unemployment set to stay at near-decade high, economists say
Published: May 5, 2026 05:27
The Middle East conflict has dampened tentative signs of a recovery this year.
Consumers tipped to see price increases due to fuel surcharges in about a month
Published: May 5, 2026 05:15
Crossing the Cook Strait is about to get a whole lot more expensive for commercial operators and likely other users.
Mercury customers mistakenly told they hadn't paid
https://www.rnz.co.nz/news/business/594312/mercury-customers-mistakenly-told-they-hadn-t-paid
Published: May 5, 2026 04:11
Mercury said it had identified some customers had received payment support information in error.
Commodity prices dragged down by 7.5 percent drop in dairy prices
Published: May 5, 2026 02:41
"Dairy prices are in a period of high volatility, especially butter," a report says.
Court rules against ANZ in class action lawsuit
https://www.rnz.co.nz/news/business/594287/court-rules-against-anz-in-class-action-lawsuit
Published: May 5, 2026 01:18
The bank has lost in its High Court battle against borrowers.
Outcome of research into low-emitting bulls 'disappointing'
https://www.rnz.co.nz/news/country/594290/outcome-of-research-into-low-emitting-bulls-disappointing
Published: May 5, 2026 00:31
New research looking at whether low-emitting bulls pass these traits onto their milking daughters has suffered a "disappointing" setback.
Westpac profits up 4%, bad debts rise
https://www.rnz.co.nz/news/business/594277/westpac-profits-up-4-percent-bad-debts-rise
Published: May 4, 2026 23:09
The bank made a net profit of $545 million for the six months ended March.
Who is getting pay rises at the moment?
https://www.rnz.co.nz/news/business/594243/who-is-getting-pay-rises-at-the-moment
Published: May 4, 2026 23:07
Some people are more likely to be getting a rise this year, new data shows.
Group aims to bridge communication gap with Gen-Z
https://www.rnz.co.nz/news/business/594270/group-aims-to-bridge-communication-gap-with-gen-z
Published: May 4, 2026 22:11
Communication skills are considered to be among the most valued in the digital workplace, but scarcely seen in Generation Z, which is challenging the status quo in a number of ways.
Pale in comparison: What to know about US butter
https://www.rnz.co.nz/life/food/pale-in-comparison-what-to-know-about-us-butter
Published: May 4, 2026 22:08
As the American version hits our supermarket shelves, we ask, is it really that different?
Interislander almost doubles fuel surcharge for commercial vehicles
Published: May 4, 2026 20:03
The ferry company is hiking the surcharge to 54 percent for commercial vehicles and trucks crossing the Cook Strait.
Neil Finn buys pub with notorious history
https://www.rnz.co.nz/life/food/split-enz-neil-finn-buys-controversial-auckland-pub
Published: May 4, 2026 19:45
The musician has bought a controversial bar, with plans to turn it into a wellness retreat.
New Zealand passes solar tipping point
https://www.rnz.co.nz/news/business/594242/new-zealand-passes-solar-tipping-point
Published: May 4, 2026 19:14
NZ is one of the first where the electrification of homes and vehicles could deliver cost-of-living savings and reductions in emissions at the same time.
Five gym problems - and how the disputes tribunal rules
Published: May 4, 2026 19:11
As gym memberships come under the spotlight, Susan Edmunds looks at some of the ways gyms and gym-goers have hit trouble.
Split Enz' Neil Finn buys controversial pub with plans to turn it into a wellness retreat
Published: May 4, 2026 18:37
The musician has bought a controversial bar, with plans to turn it into a wellness retreat.
Who's' getting pay rises at the moment?
https://www.rnz.co.nz/news/business/594243/who-s-getting-pay-rises-at-the-moment
Published: May 4, 2026 18:27
Seek country manager Rob Clark said pay rises in the professional sector were often driven by performance and benchmarking metrics.
Dunedin bar Dropkicks could lose its liquor licence after locking drunk person in bathroom overnight
Published: May 4, 2026 18:27
Dropkicks could lose its liquor licence, with the district licensing committee to soon decide.
It's almost tax season: Will you get a refund?
https://www.rnz.co.nz/news/business/594238/it-s-almost-tax-season-will-you-get-a-refund
Published: May 4, 2026 17:36
Even if you've been earning income in a straightforward way, you could end up with a bill or a refund.
Swarbrick confirms frustration over Heart of the City CEO's negative takes
Published: May 4, 2026 08:13
Auckland Central MP Chloe Swarbrick says she has been frustrated at business association leader Viv Beck's negative framing of the central city.
Chair of Financial Markets Authority resigns after conduct review
Published: May 4, 2026 05:16
Financial Markets Authority chair Craig Stobo has resigned after a review found his public commentary failed to meet standards of political neutrality.
State-owned farming enterprise PÄmu selects new equity partners for Mahiwi farm
Published: May 4, 2026 01:01
The nine-year lease will run with a right of renewal every three years.
Infant milk formula exporter a2 Milk recalls batches in United States
Published: May 4, 2026 00:25
It told the NZX the recall related to a "relatively small" quantity of about 63,078 tins in the US - over 16,000 of which had been sold to consumers.
Tiwai Point workers go on strike over slow pace of collective employment agreement talks
Published: May 4, 2026 00:24
Workers at Tiwai Point aluminium smelter say they are sick of waiting after more than two years of unsuccessful bargaining.
BNZ profit takes hit on one-off accounting adjustment
https://www.rnz.co.nz/news/business/594170/bnz-profit-takes-hit-on-one-off-accounting-adjustment
Published: May 3, 2026 23:40
The company says revenue for the half year was broadly flat, up 0.7 percent to $1.76 billion, while operating expenses excluding the one-off adjustment rose 4.3 percent to $701m.
Freight prices soar as shipping giant AP Moller - Maersk faces Iran costs
Published: May 3, 2026 23:13
Global transport company A. P. Moller - Maersk has raised some of its freight charges by 27 percent to cover a surge in global energy prices associated with the conflict in the Middle East.
Amazon takes $45m hit, abandons planned West Auckland data centre
Published: May 3, 2026 22:33
Despite the write-down, Amazon appeared to be continuing to invest heavily in its New Zealand footprint.
State Highway 3 reopens to single lane, escorted traffic after slips forced closure
Published: May 3, 2026 20:57
The reopening of SH3 provided a partial reprieve for businesses who have been hit hard by the highway's closure.
Queenstown gondola and housing plan raises 'more questions than solutions' -councillor
Published: May 3, 2026 18:49
Bowen Peak Ltd has put through a fast-track referral for a gondola and housing proposal. But some councillors and residents are concerned about the plan and lack of consultation.
Farmers should be paid to use methane-busting tools - agritech leaders
Published: May 3, 2026 18:44
Funders and developers of technology to reduce agricultural methane say most farmers will need financial incentives to use them.
NZ exporters scramble for US tariff refunds after US Supreme Court ruling
Published: May 3, 2026 18:30
New modelling suggests they may collectively be eligible for up to $1b in tariff refunds.
Pessimistic retailers predict they won't meet targets this quarter
Published: May 3, 2026 18:30
Retail NZ's latest survey finds the ongoing fuel crisis has business owners feeling worried, as consumers spend less.
Cut-price American butter causing confusion among some shoppers
Published: May 3, 2026 18:30
Cheaper butter has been hitting supermarket shelves in pale yellow and blue packaging.
Ikea changing pattern of Auckland shopping
https://www.rnz.co.nz/news/business/594125/ikea-changing-pattern-of-auckland-shopping
Published: May 3, 2026 17:53
Homeware and furniture shops around Auckland and nearby regions appear to be losing some of their traffic to Swedish retail giant.
Standoff as Vega crew await repatriation to India
https://www.rnz.co.nz/news/business/594097/standoff-as-vega-crew-await-repatriation-to-india
Published: May 3, 2026 00:18
The retired Interislander ferry has been anchored in Tasman Bay since December and some crew just want to go home.