23 articles
WorkSafe New Zealand charged WasteCo NZ Ltd on or around May 4 2026 with three alleged breaches of the Health and Safety at Work Act 2015 following the May 2025 death of worker Lynda Marion Kelly at the Te Anau transfer station.
Business leaders report modest gains in financial positivity while overall sentiment stays near record lows, underscoring a diverging economy where export-oriented sectors gain ground and domestic-facing industries struggle under fuel-price pressures and pre-election uncertainty.
New Zealand banks channel only 18 per cent of lending to businesses excluding agriculture, well below the 30 per cent share recorded in Australia at the same point.
The government's abrupt scrapping of a long-term energy strategy in April 2026 has left New Zealand businesses facing fresh uncertainty, as gas reserves continue their sharp decline and short-term fixes dominate policy.
No New Zealand bank has met Consumer NZ's threshold for its People's Choice award for customer satisfaction in 2026, the first time this has occurred in ten years.
Agriculture Minister Todd McClay announced on 19 May 2026 that the Ministry for Primary Industries has published the terms of reference for the statutory review of the Dairy Industry Restructuring Act 2001.
Australia's replacement of the 50 per cent capital gains tax discount with a 30 per cent minimum rate on real gains from 1 July 2027 has made New Zealand the lighter-tax option for company founders across the Tasman.
A NZ$2.08 million share purchase agreement between New Zealand businessman George Kerr and Vadim Perelman collapsed into five years of litigation after the parties disagreed on settlement mechanics. The English Commercial Court has now ordered specific performance of the deal.
The Financial Markets Authority has abandoned the term 'integrated financial products' in its latest guidance on sustainability disclosures.
Australia now sources 50 to 60 per cent of its tobacco from illicit suppliers. New Zealand has kept the same figure between 5 and 10 per cent under a different regulatory path.
New Zealand recorded 358900 international visitor arrivals in March 2026, up 15 percent on the prior year, according to Stats NZ data. Airlines have responded with targeted capacity cuts rather than wholesale reductions while fuel prices remain elevated after the late February Middle East conflict.
Gentrack Group Limited reported recurring revenue of $85.3 million for the six months ended 31 March 2026, up 12 percent, even as statutory net profit fell 29 percent to $5.1 million due to two delayed utilities deals.
One NZ experienced a partial mobile network outage across the country starting shortly after 12:30pm on Monday 18 May 2026, leaving customers unable to reliably make or receive calls.
New Zealand's services sector remained in contraction in April 2026. The BNZ-BusinessNZ Performance of Services Index rose 2.7 points to 48.9 from a revised 46.2 in March.
New Zealand food prices stayed flat in April 2026, rising just 2.6 per cent over the year — the softest annual pace since February 2025 — according to Stats NZ data that highlights how government-mandated shifts continue to drive up household costs.
New Zealand's four largest retail banks have joined Visa's Agentic Ready programme and can now handle AI-driven agent-initiated payments using existing tokenisation and risk controls.
Transpower's draft 2026 Security of Supply Assessment warns of a potential energy security gap by 2031 unless the record 1,100 MW commissioning pipeline of generation, batteries and upgrades is accelerated into the 2030s. PowerHub's $149 monthly EcoWave battery subscription offers households a private-sector way to capture low wholesale prices while buffering spikes, providing a market test of…
New Zealand hospitality operators face mounting energy bills from a renewable-heavy grid undermined by policy choices that have left prices volatile and rising. Free advice from the Energy Efficiency and Conservation Authority offers one path forward, yet businesses would do better to act on market signals rather than rely on another taxpayer-funded program.
Air New Zealand's NZ$4 billion in available aircraft equity and NZ$1.3 billion liquidity buffer position the carrier to absorb a projected NZ$340-390 million pre-tax loss for the year ending June 2026 without seeking a capital raise or government support, Forsyth Barr analysts concluded after the 14 May trading update.
The Wellington International Airport Southern Seawall Renewal project received fast-track approval on 15 May 2026, becoming the 22nd project approved under the Fast-track Approvals Act 2024.
The seasonally adjusted BNZ-BusinessNZ Performance of Manufacturing Index dropped to 50.5 in April 2026 from 53.2 in March, marking the weakest expansion in months as fuel costs surge.
Magazine publishers and the printing industry have formally asked the Commerce Commission to investigate NZ Post's Publication Post pricing, citing a 584% increase since 2014 that far outpaces inflation and threatens print titles.
Lyttelton Port Company will eliminate 14 container terminal roles after the Maritime Union of New Zealand decided against a Supreme Court appeal.
