Kiwifruit growers have rejected a Zespri bid to expand overseas growing of the fruit.Zespri wanted to expand plantings of its best seller SunGold variety in overseas countries excluding China and Chile by up to 10,000 additional... Source: NZ Herald Business News
Fisher & Paykel Healthcare says it plans to spend $275 million buying a 105-hectare Karaka property for a new second campus to complement its existing East Tāmaki facility.The respiratory products manufacturer said its current... Source: NZ Herald Business News
WARNING: Confronting Former employees at the "Big Four" financial services firms have lashed the ingrained unhealthy culture of work and pressures auditors are subjected to, with 80-hour work weeks, poor remuneration and chronic... Source: NZ Herald Business News
Twenty-four hours is a long time in politics. Over the last few days, we've seen the Government move from announcing a sweeping change to the tax system worth $103 billion by 2070, to backtracking completely. NZ Herald business... Source: NZ Herald Business News
Residential property value declines doubled between July and August, illustrating the acceleration of the housing market downturn, new research out today shows.The CoreLogic House Price Index said house values fell 0.9 per cent... Source: NZ Herald Business News
An Australian woman who spent A$10.4 million ($11.7m) that was mistakenly transferred into her bank account has been ordered to pay it all back plus 10 per cent interest as well as legal costs.In May last year, Melbourne resident... Source: NZ Herald Business News
Consumer lender Harmoney made a maiden cash profit off the back of strong revenue growth but growth in its New Zealand loan book was subdued on the back of the tightening in the credit law.The dual NZX/ASX listed company made a... Source: NZ Herald Business News
Despite inflation pressure remaining intense, business confidence rebounded in August, the latest ANZ Business Outlook shows.Unfortunately, with the Reserve Bank seeking to cool economic activity and inflation, that might not be... Source: NZ Herald Business News
Ports of Auckland has recorded a net loss of $10.3 million for the 2022 financial year, a direct result of the write-off of its disastrous foray into container terminal automation.The Auckland Council-owned port this year abandoned... Source: NZ Herald Business News
Consents to build new homes jumped back up in July following a decline in the previous month.StatsNZ said the number of new dwellings consented dropped 2.2 per cent in June but were back up again last month, up 5 per cent. All... Source: NZ Herald Business News