Business

Minister bemoans 'glass half-empty' attitude to unemployment

Nicola Willis says the very best people need to be making governance decisions. Photo: RNZ

Minister bemoans 'glass half-empty' attitude to unemployment

The finance minister is bemoaning those who take a glass-half-empty view of the unemployment figures, saying they were still better than forecast.

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If the shoe fits: family tradition continues

The Country Cobbler business in Mornington will continue after owner Greg Fox (left) sold his...

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If the shoe fits: family tradition continues

A Dunedin family is cobbling together a family dynasty by going against the grain of today’s disposable society.

Unemployment rate at highest level since 2020

Unemployment rate at highest level since 2020

Unemployment edged up to a near five-year high as businesses halted hiring, but slack in the jobs market increased, and wage growth slowed further.

Cabinet paper leak suggests alcohol policy U-turn

Associate Justice Minister Nicole McKee. Photo: RNZ

Cabinet paper leak suggests alcohol policy U-turn

A leaked paper shows the govt was planning to restrict the hours bottle stores and supermarkets could sell alcohol but then backed away to focus on reforms more industry-friendly.

Alliance not commenting on overseas stake

Alliance not commenting on overseas stake

Alliance Group is refusing to comment on speculation Irish meat company Dawn Meats is taking a majority stake in the farmer-owned co-operative.

Businesses owe more than $1.4b in unpaid tax

Businesses owe more than $1.4b in unpaid tax

NZ businesses owe more than $1.4b in unpaid GST and PAYE from the 2025 tax year - a sign of the stress many parts of the economy are still under, commentators believe.

Chch solar farm’s first panels installed

The first solar panels are being fitted as the Kōwhai Park solar farm rises from the ground on...

Chch solar farm’s first panels installed

A 230-hectare solar farm project has had its first row of solar panels installed with many more to go on Christchurch Airport property.

Contractor goes into liquidation

Timaru plumbing and building contractor GFY Ltd has gone into liquidation by a court order owing Inland Revenue (IRD) about $915,000.

How NZ's tax system compares with other countries

How NZ's tax system compares with other countries

Do you know how much the average person in New Zealand pays, and how that compares to other countries?

Unemployment to hit nine-year high

Employment rose 0.5% in the quarter to 2.61 million and was 3.7% higher than a year earlier....

Unemployment to hit nine-year high

Unemployment is set to hit its highest level in nearly nine years, as the lagging effects of last year's recession and the sluggish recovery hit hiring and wages.

Forestry conversions spur study

Kathryn Wright is researching how land use change affects rural community connections and mental...

Forestry conversions spur study

Rural mental health advocate Kathryn Wright is undertaking what she believes to be the first social research in New Zealand on population loss due to forestry conversions.

Waste-to-power venture gains global recognition

Winners at the 2025 Anaerobic Digestion and Biogas Industry Awards, including Eco Stock Supplies...

Waste-to-power venture gains global recognition

Ecogas — a joint venture between Central Otago’s Pioneer Energy Group and Ecostock Ltd — has received global recognition, winning AD Hero of the Year.

Harsh times cited for liquidation

Harsh times cited for liquidation

Harsh economic times have been cited as the reason for the liquidation of a Wānaka interior design business.

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Venture aimed at helping women find their feet, seat

Gemma Smith is sharing her own patch of paradise near Queenstown with other women keen to get in...

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Venture aimed at helping women find their feet, seat

After a career as an urban planner and then running a childcare centre business, Wakatipu’s Gemma Smith is changing tack for a different pace of life.

Synlait loss turnaround ‘will take time’

In April this year, the Canterbury-based company put forward various options to rescue its...

Synlait loss turnaround ‘will take time’

Canterbury-based milk processor Synlait Milk is anticipating a loss after tax of $27 million to $40m after manufacturing challenges at its Dunsandel factory.

Organic veg farm loses $250k worth of crops

One of the owners of Untamed Earth Organic Farm, Ollie Platt. Photo: Penny Platt

Organic veg farm loses $250k worth of crops in floods

An organic vegetable farm in Canterbury lost about $250,000 of crops in the flooding which saturated the region in early May.

Wānaka holiday park sold to overseas investor

Holiday park sold to overseas investor for unknown sum

Wānaka's award-winning Top 10 Holiday Park has been sold to an overseas-based joint venture, which intends to maintain its current use.

New Air NZ boss announcement sparks backlash

Nikhil Ravishankar will take over as CEO in October. Photo: Supplied / Air NZ

New Air NZ boss announcement sparks backlash

News organisations have been forced to restrict or disable comments on social media on Nikhil Ravishankar's appointment due to a torrent of abuse.

$5.4m loss reported after site closure

Ravensdown says the closing of fertiliser manufacturing in Dunedin took a toll on its bottom line...

$5.4m loss reported after site closure

Ravensdown has reported a loss of $5.4m after tax and one-off costs for the year ending May, with the costly closing of Dunedin fertiliser manufacturing among challenges.

40% of workers jobless after supermarket fire, union hits out

A major fire destroyed the Victoria Park New World supermarket in June. Photo: RNZ/Marika Khabazi

40% of workers jobless after supermarket fire, union hits out

Only just over 100 of more than 180 people employed by Victoria Park New World have so far found work in other Foodstuffs supermarkets.

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