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Business headlines with summaries.
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Biggest bank cuts home loan rates
It will cut its 18-month fixed rate by 10 basis points to 4.89 percent, which the bank said was the lowest since April 2022.
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Supermarket facial recognition tech's benefits outweigh concerns - privacy commissioner
4 Jun 2025An inquiry has found safeguards reduced the intrusion to an acceptable level. Audio
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NZME board shake-up: 'An opportunity to debate editorial policy'
3 Jun 2025NZME has rubber stamped a compromise deal allowing an activist shareholder onto its board, while appointing a former National government minister as its chair.
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'Nightmare' job market for struggling IT workers
3 Jun 2025Workers appear to be under growing pressure, with signs of continued job losses.
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Two months, no offers: Is Wellington's real estate market improving?
3 Jun 2025"Mine is currently listed for what I paid for it last year, despite all the improvements that I made to it..."
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Trade Me to buy 50% of Stuff Digital
3 Jun 2025Under the agreement, Stuff's property section will become Trade Me Property branded. Audio
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The disruptor that's sent diamond prices tumbling
3 Jun 2025Lab-grown diamonds, indistinguishable from the mined kind, are flooding onto the market at a tenth of the price .
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Tiwai Point smelter to ramp up production
3 Jun 2025Power restrictions on the aluminium smelter are being eased as hydro lakes levels have risen enough to ease fears of stretched power supplies this winter.
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Australian Mining company gets lucrative Marlborough Sounds exploration permit
2 Jun 2025The five-year exploration permit covers almost 12,000 hectares of land around Endeavour Inlet, Te Anamāhanga / Port Gore and Titirangi Bay.
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Shares and dollar tumble as tariff tensions flare
2 Jun 2025Shares in Asian and European steelmakers dropped in reaction to Trump's latest tariff threats.
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Money in transaction accounts costing New Zealanders billions
1 Jun 2025New Zealanders could be leaving their share of more than $1b a year on the table by keeping their cash in transaction accounts.
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Countdown on for 2025 ski season
31 May 2025A North Island ski field is opting for a soft launch this weekend, while snow guns are blazing down south.
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How do I know what to offer for a house - Ask Susan
31 May 2025RNZ's money correspondent answers your questions. Send them to susan.edmunds@rnz.co.nz
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Aquaculture animal welfare code 'anti-Kiwi' - Oceans and Fisheries Minister
1 Jun 2025Shane Jones has ruled out the idea of a code to protect farmed fish, following SPCA calls for one.
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NZ King Salmon reduce harvest due to small, 'stressed' fish
30 May 2025It also cut its full year underlying profit guidance by about half .
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'No fault of our own': Couple left with $20,000 WFF debt
1 Jun 2025"Now they're taking $350 a fortnight out of our bank account .. we actually can't afford that," says Phoenix Ruka.
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ACC chair Tracey Batten resigns
ACC Minister Scott Simpson said the organisation is confronting challenging issues and expects to announce a turnaround plan in the next few months.
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Rocket Lab signs $460 million deal with US missile tracking tech company
30 May 2025Geost develops electro-optical and infrared technology used in missile warning and tracking, surveillance and reconnaissance.
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High food prices, 'tariff noise' cast shadow over consumer confidence
The five-point dip coincides with another drop in business confidence announced yesterday.
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'The King didn't want to see waste': Why Charles currency is taking so long
30 May 2025The King's coins will circulate alongside Queen Elizabeth's coins. Audio
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Watch: The 80-year story of home appliance store Magness Benrow
30 May 2025First opened in 1945, Auckland home appliance store Magness Benrow is still going strong.
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Pacific Edge posts full year net loss of $29.9 million
30 May 2025Cancer testing company Pacific Edge has posted another sizeable full year loss and will tap investors for more capital as it battles to regain federal health insurance coverage in its key US market.
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Here's how much falling interest rates are helping first-home buyers
30 May 2025A drop in home loan rates over the past year is making a first-home mortgage hundreds of dollars cheaper each month.
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Is it time to lock in a longer home loan fix?
The Reserve Bank cut the OCR again on Wednesday, and banks are offering a range of terms just below 5 percent.
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