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Local Focus: Hawke's Bay eateries still struggling to find staff

If you're looking to go out for dinner on a Monday night in Hawke's Bay, you might be out of luck. And while most restaurants are closed for the night, some are now closed for much longer. A staffing shortage in the region is forcing... Source: NZ Herald Business News

By | October 21st, 2022|Business|0 Comments

Mainfreight heading for strong half year result: market update

Mainfreight says its estimated profit before tax has improved nearly 66 per cent to $301.7 million after 26 weeks of trading.Estimated revenue after 26 weeks trading had improved 32.5 per cent to $3.01 billion, the international... Source: NZ Herald Business News

By | October 20th, 2022|Business|0 Comments

Google gives users more power over ads – how to access the new features

Google is giving you more control over what type of ads you see - and more power to ban certain topics altogether.The move comes at time when the company - along with its big tech peers - is under increasing pressure from regulators... Source: NZ Herald Business News

By | October 19th, 2022|Business|0 Comments

Savings up but net wealth falling as total household wealth plunges by almost $90 billion

A housing market meltdown, flatlining KiwiSaver performances and mediocre share markets have sent household net wealth plummeting.Total household net wealth fell $88.9 billion during the June 2022 quarter, Stats NZ said today.  But... Source: NZ Herald Business News

By | October 19th, 2022|Business|0 Comments

Zespri offers relief to hard-pressed green fruit growers with special access to gold licences

Kiwifruit marketer Zespri will set aside 200 hectares of its next limited growing licence release area so green fruit growers get a chance to access the prized best-seller SunGold variety.Zespri's board has approved the release... Source: NZ Herald Business News

By | October 19th, 2022|Business|0 Comments

NZME hits 50 million podcast downloads, Herald's marquee podcast reaches highest ranking yet

NZME has hit a massive milestone of 50 million podcast downloads over the past 12 months. Since September 2021, when the Triton Podcast Ranker was first introduced in New Zealand, NZME's network has always taken out the Top Network... Source: NZ Herald Business News

By | October 19th, 2022|Business|0 Comments

Aviation rebound propels upgrade of up to $80m for Auckland Airport earnings

Auckland Airport said a substantial rebound in the aviation market is behind a huge upgrade in its earnings prospects for the 2023 financial year.The company said it revised up its guidance after a stronger than expected rebound... Source: NZ Herald Business News

By | October 19th, 2022|Business|0 Comments

Financial Markets Authority releases wholesale property investment probe, formal warnings issued

Formal warnings have been issued to seven businesses raising millions for property schemes by making "non-compliant" documents for wholesale property investment offers.Te Mana Tātai Hokohoko, the Financial Markets Authority,... Source: NZ Herald Business News

By | October 19th, 2022|Business|0 Comments

Union forecasts layoffs on under-used Fonterra sites if capital rejig blocked

Several large Fonterra dairy processing sites are under-utilised, raising the risk of provincial job losses through plant closures, the Dairy Workers Union says.In a submission to Parliament's primary production select committee... Source: NZ Herald Business News

By | October 19th, 2022|Business|0 Comments

Māori kaupapa company Tahito Ltd: Indigenous knowledge investment adding financial value

Public Interest Journalism funded through NZ On Air An innovative Māori values-based investing company is taking indigenous knowledge into the finance space, to create a world for "mokopuna to thrive". Paving the way in indigenous... Source: NZ Herald Business News

By | October 19th, 2022|Business|0 Comments