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Business headlines with summaries.
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New EU deforestation rules progress, despite NZ opposition
5 Jun 2025"New Zealand does not have a deforestation issue," Trade Minister Todd McClay says.
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'Human error' behind massive internet outage
7 Jun 2025More than 100,000 customers in Wellington and nearby areas lost fibre for more than an hour on Friday morning.
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Are you missing out on your last chance for $521 of 'free money'?
6 Jun 2025Kiwisaver members have until 30 June to ensure they get the full amount from the Government.
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Tax evader leaves $2 million trail of debt
6 Jun 2025A tax-evading Southland school caterer has left a $2 million trail of debt after her company went bust.
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Scary dolls taking the market by storm being resold for double retail price
6 Jun 2025Labubu dolls have became a pop-culture sensation, but some are taking advantage of collectors. Audio
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Gas company urges political consensus on drilling for more fossil fuels
6 Jun 2025I nvestors will not be drawn to new gas field developments without broad political consensus, says one of the country's few oil and gas companies.
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SkyCity sues Fletcher over delays in completing Auckland's convention centre
6 Jun 2025SkyCity is suing Fletcher Building for losses incurred because of delays in completing the International Convention Centre in Auckland.
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Tesla loses $248 billion in value as Musk and Trump fight
6 Jun 2025Openly feuding with the US president may pose hurdles for Tesla, and the rest of Musk's sprawling business empire
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Tesla stocks plunge 14% on Trump-Musk feud
6 Jun 2025The CEO has stepped up criticism of the president's massive tax legislation
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Support for KiwiSaver contribution increases - but providers want more
6 Jun 2025KiwiSaver providers are unsurprised by the public support, and hope it will see default contribution rates increase further.
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KiwiSaver provider prepares to invest in New Zealand businesses
6 Jun 2025Fisher Funds says the benefit for investors will be in higher returns long-term.
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'One-size-fits-all recovery approach won't work': Restaurant Association CEO
6 Jun 2025The hospitality industry is still struggling to recover, but some standout regions are excelling according to a new report.
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Wide Reserve Bank restructure to follow recent reshuffles
5 Jun 2025A broad restructuring is on the cards at the Reserve Bank, less than two months after a major funding cut was announced, and following a string of executive changes.
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NZ's natural gas supply running out faster than thought
5 Jun 2025Resources Minister Shane Jones says the country needs a "secure supply" of gas.
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Formal complaint lodged against Transpower over tower collapse
5 Jun 2025The collapse of the national grid operator's tower in Northland cut electricity to 88,000 customers.
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At least one in three businesses are unprepared for sale - ABC Business Sales
5 Jun 2025ABC Business Sales says at least one in three businesses are unprepared for sale, with unrealistic price expectations just one of the issues.
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Australian-owned Veridian wants to take over local rival Metro Performance Glass
5 Jun 2025Veridian asked the Commerce Commission to approve the takeover even though no formal offer has been lodged.
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Where house prices may pick up the fastest
Property values nationwide dropped 0.1 percent in May and are now 1.6 percent lower than a year earlier.
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Wellington job market 'pretty Hunger Games'
5 Jun 2025Two job-hunters have started an informal support network for people to get together and share tips and information about the employment market.
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Commerce Commission wants more rules for big supermarket players
5 Jun 2025One suggestion is to require retailers who buy cheap groceries during a sale to pay suppliers more if they then sell the product at a higher price. Audio
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Trump tariffs worse than pandemic, NZ businesses say
4 Jun 2025Exporters are the most concerned about their severe global impact, a survey indicates.
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Pinky-red fleshed Fizz apples could soon hit the shelves
5 Jun 2025The apple has berry tones and a strong flavour.
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Supermarket sector competition reports like Groundhog Day
5 Jun 2025Analysis - The latest report on the supermarket duopoly concludes much as the first report.
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Global alarms rise as China's critical mineral export curbs take hold
4 Jun 2025It has upended global supply chains central to automakers, aerospace manufacturers, semiconductor companies and military contractors .
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