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Nicola Willis open to making RBNZ ease bank capital rules

The Finance Minister is also seeking advice on a de facto 'bank tax'.

'Slow-motion train wreck': Power price warning for households as major users feel the crunch

'Slow-motion train wreck' in NZ's power market, an electricity company head says.

Du Val group: Firearms seized when Remuera property raided

Firearms were seized when authorities went to the Du Val owners' home.

36 jobs on the line at Mitre 10 headquarters

Mitre 10 chief executive cites low consumer confidence and spending.

Opinion: Time to tighten NZ competition law amid Foodstuffs merger debate

Economist's century-old theory criticised in debate over supermarket consolidation.

Foodstuffs North Island fined $3.25m for anti-competitive land covenants

Foodstuffs fined for efforts to hinder rivals from opening or expanding.

Manawa Energy share price slumps after customer default

The power generator now faces a sharply lower earnings forecast for the 2025 year.

Warner Bros Discovery's $15b write-down, Disney's first streaming profit

Financial Times: Milestones in evolution of streaming - will entertainment giants adapt?

Market conditions may drive Manawa Energy earnings lower

Amid energy price concerns, company asks NZX to keep it on a trading halt.

Rising energy costs could force closure of Oji Fibre Solutions recycling plant

'Crazy outcome' could follow as high power prices blamed for plant's possible closure.

Major energy users grapple with very high power prices

Some major energy users say ruinous prices are making them lose faith in the Government.

Du Val investor worried after interim receivership

'It’s been nearly two years since I’ve been paid anything.' - Du Val investor

Is the US heading for a recession?

Financial Times: Many believe US will still get soft landing despite rising unemployment.

Grim forecast for Air New Zealand: What’s hurting the airline now

Air fares up 50% on pre-Covid levels but falls could stoke demand, analyst says.

NZ energy crisis isn't in the future — it's here: Major dairy exporter calls for action as need for coal persists

Open Country Dairy says insufficient electricity supply now a certainty for NZ.

Fletcher's Iplex: leaky pipe class action launched in Australia

Around 30,000 homes in Perth are thought to be involved.