Kmart NZ reveals $106 million profit for 2024
Kmart grew its net profit by over 50% year-on-year despite a tough retail environment. Source: NZ Herald Business News
Milk Kitchen: Hastings beverage manufacturing facility in liquidation owing $2.8m, staff let go
Production has been suspended while a buyer is sought. Source: NZ Herald Business News
US President-elect Donald Trump says he will hit China, Canada and Mexico with new tariffs
Financial Times: US President-elect vows to impose levies on first day. Source: NZ Herald Business News
S&P Global says China’s dairy boom is fading, with rating implications for Fonterra
Sales at the top three dairy companies have dropped by 9-13% in the first half of 2024. Source: NZ Herald Business News
Refixing the mortgage? What you need to know to avoid a costly mistake
Mortgage refixing is a calculated game that could save or cost you thousands of dollars. Source: NZ Herald Business News
Property Insider: Here comes Santa Claus (and Precinct); Classic chief on subdivision challenges; Auckland Council’s $244,631 bill to Gulf Harbour Country Club’s owner
It's the most wonderful time of the year, especially when Precinct goes tree generous. Source: NZ Herald Business News
Housing confidence rises as interest rates continue to fall
Sales activity is rising, but a pronounced upswing in house prices may take time. Source: NZ Herald Business News
Jarden Wealth Weekly: How do New Zealand charities manage money wisely?
Three key rules and three types of reserves can help improve a charity's resilience. Source: NZ Herald Business News
New Zealand shares surge on heavy trading day – Market close
Turners Automotive provided the local index with more confidence and strength. Source: NZ Herald Business News
JB Hi-Fi New Zealand reports a $6.8 million loss for 2024
Its cost of doing business rose 23.4% after opening five new stores in NZ. Source: NZ Herald Business News