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New Gattung Foundation will plough millions into helping young women and animals in need

This week, philanthropic sisters Theresa and Angela Gattung will launch a multi-million-dollar charitable foundation to work in key areas of need, putting an official stamp on work they have been doing for years. Jane Phare reports.... Source: NZ Herald Business News

By | October 18th, 2022|Business|0 Comments

Inflation shocker: Government's supply of culprits running out, opposition says

The Government has blamed today's eye-popping inflation data on overseas issues and freak weather.The overall Consumers Price Index was down only by a smidgen in the September quarter, but still higher than many analysts expected.After... Source: NZ Herald Business News

By | October 18th, 2022|Business|0 Comments

Environmental watchdog: 'Show me what the money's achieving'

New Zealand's environmental watchdog wants the Government to improve the way it measures what its spending achieves.The Parliamentary Commissioner for the Environment, Simon Upton, wants the Government to pull together information... Source: NZ Herald Business News

By | October 18th, 2022|Business|0 Comments

Extreme weather: Insurers' damage claims leap by third

Three of New Zealand's major insurers have seen weather-related claims jump by a third compared to the same period last year, amid a slew of extreme events over what was our wettest, warmest winter . It comes as new polling by... Source: NZ Herald Business News

By | October 17th, 2022|Business|0 Comments

Report exposes Kiwi shoe retailers' lack of transparency on sustainable and ethical practices

An ethical fashion report shining a light on footwear companies said major Kiwi brands are lacking transparency about how they are protecting their workers and the environment. The research report, Footwear: An Industry Laced with... Source: NZ Herald Business News

By | October 17th, 2022|Business|0 Comments

Market close: Inflation menace strangles NZ sharemarket

The inflation ogre maintained its stranglehold on the New Zealand sharemarket, down more than half per cent, with the interest rate-sensitive energy and property stocks again being hit.The day before the latest New Zealand inflation... Source: NZ Herald Business News

By | October 17th, 2022|Business|0 Comments

Immigration: Rotorua hospitality businesses shut down in protest over Government policy

A Rotorua restaurateur of nearly 40 years warns of "catastrophic consequences" if the country's immigration issues are not resolved quickly.About 30 businesses struggling for staff closed their doors yesterday in protest of a system... Source: NZ Herald Business News

By | October 17th, 2022|Business|0 Comments

Tower Insurance eyes up earnings lift as written premiums grow

Tower said it anticipates its underlying net profit after tax including big events to be about $26m, up from a range of $21m-$25m for the September 30 year.The insurer said underlying net profit excluding large events ($14m after... Source: NZ Herald Business News

By | October 16th, 2022|Business|0 Comments

Financial Markets Authority taking insurance giant Vero to court

Insurance giant Vero is facing High Court action from the Financial Markets Authority after allegedly overcharging customers more than $8 million but the business said it self-reported the matter and had changed how it worked.The... Source: NZ Herald Business News

By | October 16th, 2022|Business|0 Comments

Cooking the Books podcast: Five strategies to pay off the mortgage faster

Each week BusinessDesk and the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's how a few tweaks could set you free from your mortgage years earlier. Hosted by Frances Cook. Buying and paying... Source: NZ Herald Business News

By | October 16th, 2022|Business|0 Comments