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Kiwis advised to spend wisely amid inflation and rising cost of living

New Zealanders are being advised to spend carefully, budget and save as living costs continue to rise.New data released earlier this month showed the Consumers Price Index rose by 7.2 per cent in the year to the September quarter... Source: NZ Herald Business News

By | October 30th, 2022|Business|0 Comments

Businesswoman honoured for achievement, generosity

Brooke Roberts isn't sure she deserves all the attention. The Woodford House Old Girl, who boarded at the school from Year 10, received the Tempus Award for outstanding achievement on Saturday afternoon at a special ceremony on-site.She... Source: NZ Herald Business News

By | October 30th, 2022|Business|0 Comments

Tip Top discontinues Goody Goody Gumdrops, Cookies and Cream 2-litre tubs

Tip Top has discontinued two of its most popular flavours, the 2-litre tubs of Cookies and Cream and Goody Goody Gumdrops, causing outrage among Kiwis online.An employee for supermarket operator Foodstuffs, which owns Pak'nSave,... Source: NZ Herald Business News

By | October 28th, 2022|Business|0 Comments

Company fined $112,000 for spill which killed eels, polluted Manukau Harbour waterways

An Auckland company has been fined $112,000 after more than 8000 litres of methyl methacrylate (MMA), used in plastics manufacturing, leaked from its site and into waterways leading into Manukau Harbour. More than 100 eels were... Source: NZ Herald Business News

By | October 28th, 2022|Business|0 Comments

NZ dollar drops down world currency rankings

The NZ dollar has dropped to 14th place in the world's most traded currency rankings from 10th, according to a Bank of International Settlements (BIS) survey.The triennial survey took place in April and involved central banks and... Source: NZ Herald Business News

By | October 28th, 2022|Business|0 Comments

Elon Musk in control of Twitter, ousts top executives

Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company's general counsel, two people familiar with the deal said Thursday night.The people wouldn't say if all the paperwork for the deal,... Source: NZ Herald Business News

By | October 28th, 2022|Business|0 Comments

Port of Tauranga gives FY23 earnings guidance, expects to lift performance

Port of Tauranga expects full year earnings in FY23 to be in the range of $115 million to $120m based on the first quarter's results, says executive Leonard Sampson.The port for FY22 reported group net profit after tax of $111.3m.Sampson... Source: NZ Herald Business News

By | October 28th, 2022|Business|0 Comments

Teen founder of poi company among winners at Māori Business Awards

A teenager who founded the world's largest poi manufacturer and an organisation that is helping marae to reduce their waste are among the winners at this year's Māori Business Awards.Georgia Latu (Kai Tahu, Ngāpuhi), the... Source: NZ Herald Business News

By | October 27th, 2022|Business|0 Comments

Warning to vape importers, manufacturers over nicotine level confusion

Authorities have requested importers and manufacturers of vape products to review the nicotine concentrations, with the potential for products to be withdrawn if they exceeded limits. This comes as TVNZ's Fair Go reported the Ministry... Source: NZ Herald Business News

By | October 27th, 2022|Business|0 Comments

Napier juice company Simply Squeezed to close down after 30 years

A large juice and smoothie company on the outskirts of Napier is set to close down after operating for more than 30 years.Simply Squeezed in Bay View will be closed around April 2023, following a decision by its parent company Frucor... Source: NZ Herald Business News

By | October 27th, 2022|Business|0 Comments