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RNZ: Business News



The latest business news from RNZ News.



 



Business briefs

Tue, 28 Feb 2017 12:26:00 +1300

The Mad Butcher owner, Veritas Investments, has made a first half net profit of 1-point-2 million dollars compared with a 4-point-8 million-dollar-loss the year earlier, which included losses related to the sale of underperforming assets.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170228-1226-business_briefs-128.mp3




Midday Markets for 28 February 2017

Tue, 28 Feb 2017 12:24:00 +1300

For the latest from the markets we're joined by Angus Marks at FNZC.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170228-1224-midday_markets_for_28_february_2017-128.mp3




Scales makes record full year profit with bumper apple crop

Tue, 28 Feb 2017 12:21:00 +1300

The apple exporter, Scales, has made a record full year profit, as a bumper crop attracted premium export prices.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170228-1221-scales_makes_record_full_year_profit_with_bumper_apple_crop-128.mp3




Intueri's Australian schools to be deregistered

Tue, 28 Feb 2017 12:20:00 +1300

The Australian Skills Quality Authority has cancelled the registration of the two training schools, there, owned by Intueri Education.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170228-1220-intueris_australian_schools_to_be_deregistered-128.mp3




Genesis Energy reports higher half-year profit

Tue, 28 Feb 2017 12:18:00 +1300

Genesis Energy has reported a slightly better half-year profit, but warmer weather and low oil prices have hit its earnings.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170228-1218-genesis_energy_reports_higher_half-year_profit-128.mp3




NZ Refining year profit slashed

Tue, 28 Feb 2017 12:17:00 +1300

Rising oil prices and shrinking margins have brought the annual profit of New Zealand Refining down to earth.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170228-1217-nz_refining_year_profit_slashed-128.mp3




Markets Update for 28 February 2017

Tue, 28 Feb 2017 08:29:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170228-0829-markets_update_for_28_february_2017-128.mp3




Business News for 28 February 2017

Tue, 28 Feb 2017 06:49:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170228-0649-business_news_for_28_february_2017-128.mp3




Early Business News for 28 February 2017

Tue, 28 Feb 2017 06:20:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170228-0620-early_business_news_for_28_february_2017-128.mp3




Evening business for Mon 27 Feb

Mon, 27 Feb 2017 17:39:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20170227-1739-evening_business_for_mon_27_feb-128.mp3




Business briefs

Mon, 27 Feb 2017 12:25:00 +1300

The Taranaki based agri-business Allied Farmers, has reported a 17 percent increase in first half net profit to 281-thousand dollars, despite a 2 percent drop in revenue to 10 million dollars.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170227-1225-business_briefs-128.mp3




Midday Markets for 27 February 2017

Mon, 27 Feb 2017 12:22:00 +1300

For the latest from the markets we're joined by Don Lewthwaite at FNZC.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170227-1222-midday_markets_for_27_february_2017-128.mp3







Winemaker Delegat profit falls on grape values, forex

Mon, 27 Feb 2017 12:20:00 +1300

Winemaker, Delegat, has reported a lower first half profit as a write-off in the value of grapes and the high New Zealand dollar offset record wine sales.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170227-1220-winemaker_delegat_profit_falls_on_grape_values_forex-128.mp3




Metlifecare's first half net profit rises 31%

Mon, 27 Feb 2017 12:18:00 +1300

The listed retirement village operator, Metlifecare's first half net profit is up nearly a third, driven by gains in the value of its properties and a solid operating performance.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170227-1218-metlifecares_first_half_net_profit_rises_31_percent-128.mp3




Spark does content deal with Netflix

Mon, 27 Feb 2017 12:17:00 +1300

The telecommunications company, Spark, has done a deal to give its customers access to the popular video streaming service, Netflix.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170227-1217-spark_does_content_deal_with_netflix-128.mp3




Markets Update for 27 February 2017

Mon, 27 Feb 2017 08:29:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170227-0829-markets_update_for_27_february_2017-128.mp3




Business News for 27 February 2017

Mon, 27 Feb 2017 06:49:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170227-0649-business_news_for_27_february_2017-128.mp3




Early Business News for 27 February 2017

Mon, 27 Feb 2017 06:20:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170227-0620-early_business_news_for_27_february_2017-128.mp3




Evening Business for 24 February 2017

Fri, 24 Feb 2017 17:35:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20170224-1735-evening_business_for_24_february_2017-128.mp3




Midday Markets for 24 February 2017

Fri, 24 Feb 2017 12:24:00 +1300

For the latest from the markets we're joined by Belinda Stanley at Craigs Investment Partners


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170224-1224-midday_markets_for_24_february_2017-128.mp3




Vista Group FY net profit rises on strong revenue growth, sale

Fri, 24 Feb 2017 12:23:00 +1300

The cinema software company, Vista Group International has made a strong profit, reflecting gains from the sale of its China business and revenue growth.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170224-1223-vista_group_fy_net_profit_rises_on_strong_revenue_growth_sale-128.mp3




CBL Insurance year profit hurt by currency

Fri, 24 Feb 2017 12:21:00 +1300

Specialist insurance company CBL Corporation has reported a 13 percent fall in its full year profit because of unfavourable curency moves and one off costs associated with acquisitions.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170224-1221-cbl_insurance_year_profit_hurt_by_currency-128.mp3




Vector reports lift in half-year profit

Fri, 24 Feb 2017 12:20:00 +1300

The energy network company, Vector, has reported a lift in its profit because of strong growth in Auckland and lower finance costs.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170224-1220-vector_reports_lift_in_half-year_profit-128.mp3




NZME makes strong full year net profit, as ad revenue falls

Fri, 24 Feb 2017 12:17:00 +1300

The publishing and media company, NZME, has made a strong full year net profit as it faces pressure from falling advertising and waits for word on its proposed merger with rival Fairfax.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170224-1217-nzme_makes_strong_full_year_net_profit_as_ad_revenue_falls-128.mp3




Markets Update for 24 February 2017

Fri, 24 Feb 2017 08:29:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170224-0829-markets_update_for_24_february_2017-128.mp3




Business News for 24 February 2017

Fri, 24 Feb 2017 06:49:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170224-0649-business_news_for_24_february_2017-128.mp3




Early Business News for 24 February 2017

Fri, 24 Feb 2017 06:20:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170224-0620-early_business_news_for_24_february_2017-128.mp3




Evening business for 23 February 2017

Thu, 23 Feb 2017 17:35:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20170223-1735-evening_business_for_thursday_23_february-128.mp3




Other earnings news

Thu, 23 Feb 2017 12:25:00 +1300

The troubled education and vocational training company, Intueri, has made a 23.3 million dollar loss in the year ended December.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170223-1225-other_earnings_news-128.mp3




Midday Markets

Thu, 23 Feb 2017 12:25:00 +1300

For the latest from the markets we're joined by Belinda Stanley at Craigs Investment Partners.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170223-1225-midday_markets-128.mp3




Trade Me reports higher profit

Thu, 23 Feb 2017 12:24:00 +1300

The online trading and advertising company, Trade Me, has reported a stronger half-year profit, with a solid performance from the classified business.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170223-1224-trade_me_reports_higher_profit-128.mp3




Summerset reports record full-year profit

Thu, 23 Feb 2017 12:23:00 +1300

The listed retirement village operator, Summerset, has reported a record full-year result after valuation gains, construction of more units and strong demand.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170223-1223-summerset_reports_record_full-year_profit-128.mp3




Record cargo volumes boost Port of Tauranga half year profit

Thu, 23 Feb 2017 12:22:00 +1300

The country's biggest export port operator, the Port of Tauranga, has boosted its first half profit by 8-and-a-half percent due to a rebound in cargo volumes.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170223-1222-record_cargo_volumes_boost_port_of_tauranga_half_year_profit-128.mp3




Air NZ's half year profit falls 24 %, revises down expectations

Thu, 23 Feb 2017 12:19:00 +1300

Air New Zealand's profit is down by nearly a quarter, amid increased competition on international routes.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170223-1219-air_nzs_half_year_profit_falls_24_percent_revises_down_expectations-128.mp3




Sky TV says open for business with telcos

Thu, 23 Feb 2017 12:17:00 +1300

The Commerce Commission has turned down the proposed billion dollar merger between Sky Television and Vodafone.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170223-1217-sky_tv_says_open_for_business_with_telcos-128.mp3




Markets Update for 23 February 2017

Thu, 23 Feb 2017 08:29:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170223-0829-markets_update_for_23_february_2017-128.mp3




Business News for 23 February 2017

Thu, 23 Feb 2017 06:49:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170223-0649-business_news_for_23_february_2017-128.mp3




Early Business News for 23 February 2017

Thu, 23 Feb 2017 06:20:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170223-0620-early_business_news_for_23_february_2017-128.mp3




Evening Business for 22 February 2017

Wed, 22 Feb 2017 17:34:00 +1300

News from the business sector, including a market report. Nona Pelletier has the latest on the Sky TV and Vodafone merger.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20170222-1734-evening_business_for_22_february_2017-128.mp3




Business briefs

Wed, 22 Feb 2017 12:26:00 +1300

Auckland's propety market appears to be cooling according to last month's Trade Me Property Price Index.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170222-1226-business_briefs-128.mp3




Midday Markets for 22 February 2017

Wed, 22 Feb 2017 12:24:00 +1300

For the latest from the markets we're joined by Melika King at Craigs Investment Partners.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170222-1224-midday_markets_for_22_february_2017-128.mp3




Vero takes stake in Tower

Wed, 22 Feb 2017 12:23:00 +1300

A potential bidding war is developing for troubled local insurance company Tower.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170222-1223-vero_takes_stake_in_tower-128.mp3




Meridian boosts profit

Wed, 22 Feb 2017 12:22:00 +1300

Meridian Energy has lifted its half-year profit after wet weather helped to lower costs and its Australian business performed better.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170222-1222-meridian_boosts_profit-128.mp3




Ebos reports strong first half revenue and profit growth

Wed, 22 Feb 2017 12:20:00 +1300

Healthcare and animal products company Ebos has seen revenue and profit rise on the back of recent acquisitions.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170222-1220-ebos_reports_strong_first_half_revenue_and_profit_growth-128.mp3




Sky TV profit falls on fewer subscribers, higher costs

Wed, 22 Feb 2017 12:18:00 +1300

Sky Television has reported a sharp slide in its first half profit on fewer subscribers and higher costs as it waits for a decision on its billion dollar merger deal with Vodafone.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170222-1218-sky_tv_profit_falls_on_fewer_subscribers_higher_costs-128.mp3




Fletcher Building reports near flat profit

Wed, 22 Feb 2017 12:17:00 +1300

New Zealand's largest construction company, Fletcher Building, has reported a near flat first half net profit.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170222-1217-fletcher_building_reports_near_flat_profit-128.mp3




Markets Update for 22 February 2017

Wed, 22 Feb 2017 08:29:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170222-0829-markets_update_for_22_february_2017-128.mp3




Business News for 22 February 2017

Wed, 22 Feb 2017 06:49:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170222-0649-business_news_for_22_february_2017-128.mp3




Early Business News for 22 February 2017

Wed, 22 Feb 2017 06:20:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170222-0620-early_business_news_for_22_february_2017-128.mp3




Evening business for 21 Feb 2017

Tue, 21 Feb 2017 17:34:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20170221-1734-evening_business_for_21_feb_2017-128.mp3




Business briefs

Tue, 21 Feb 2017 12:26:00 +1300

New Zealand Oil and Gas says the Barque deep water prospect may potentially be a more productive field than previously thought.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170221-1226-business_briefs-128.mp3




Midday Markets for 21 February 2017

Tue, 21 Feb 2017 12:23:00 +1300

For the latest from the markets we're joined by Andrew Cathie at Craigs Investment Partners.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170221-1223-midday_markets_for_21_february_2017-128.mp3




Comvita makes half-year loss as expected

Tue, 21 Feb 2017 12:22:00 +1300

The honey products and oils company, Comvita, has reported a half-year loss -- as expected -- because of regulatory changes in China.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170221-1222-comvita_makes_half-year_loss_as_expected-128.mp3




PGG Wrightson reports flat profit

Tue, 21 Feb 2017 12:21:00 +1300

The country's biggest rural services firm, PGG Wrightson, has posted a flat profit as soft commodity prices made farmers cautious about spending.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170221-1221-pgg_wrightson_reports_flat_profit-128.mp3




Heartland Bank H1 profit rises

Tue, 21 Feb 2017 12:20:00 +1300

Financial services company Heartland Bank has reported a 14 percent lift in its first half profit driven by increased lending and control of costs.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170221-1220-heartland_bank_h1_profit_rises-128.mp3




Tourism Holdings reports higher profit

Tue, 21 Feb 2017 12:19:00 +1300

The campervan rental company, Tourism Holdings, has reported a rise in its half-year profit off the back of a strong tourism sector and trans-Tasman growth.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170221-1219-tourism_holdings_reports_higher_profit-128.mp3




Mercury makes strong first half profit, revenue slightly weaker

Tue, 21 Feb 2017 12:17:00 +1300

The power company, Mercury, has made a strong first half net profit, helped by a rise in customers and wet weather.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170221-1217-mercury_makes_strong_first_half_profit_revenue_slightly_weaker-128.mp3




Markets Update for Tuesday 21 February

Tue, 21 Feb 2017 08:29:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170221-0829-markets_update_for_tuesday_21_february-128.mp3




Business News for Tuesday 21 February

Tue, 21 Feb 2017 06:49:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170221-0649-business_news_for_tuesday_21_february-128.mp3







Evening business for Mon 20 Feb

Mon, 20 Feb 2017 17:36:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20170220-1736-evening_business_for_mon_20_feb-128.mp3




Business briefs

Mon, 20 Feb 2017 12:25:00 +1300

The biotech company, Blis Technologies, says it will miss its full year profit guidance.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170220-1225-business_briefs-128.mp3




Midday Markets for 20 February 2017

Mon, 20 Feb 2017 12:23:00 +1300

For the latest from the markets we're joined by Melika King at Craigs Investment Partners.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170220-1223-midday_markets_for_20_february_2017-128.mp3




Service sector activity at highest in more than a year

Mon, 20 Feb 2017 12:21:00 +1300

Activity in the services sector is at its highest level in more than a year.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170220-1221-service_sector_activity_at_highest_in_more_than_a_year-128.mp3




Kiwibank profit falls

Mon, 20 Feb 2017 12:20:00 +1300

Higher borrowing costs and squeezed margins have dented Kiwibank's profit.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170220-1220-kiwibank_profit_falls-128.mp3




Freightways makes another record profit, outlook positive

Mon, 20 Feb 2017 12:19:00 +1300

The transport company, Freightways, has made a record first half profit, with a strong lift in its courier business and information management operations.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170220-1219-freightways_makes_another_record_profit_outlook_positive-128.mp3




Spark goes to court for Sky TV merger delay

Mon, 20 Feb 2017 12:18:00 +1300

Telecommunications company Spark is going to ask the High Court to order a 36 hour delay in the event the Commerce Commission approves the merger between Sky Television and Vodafone.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170220-1218-spark_goes_to_court_for_sky_tv_merger_delay-128.mp3




Chorus reports half-year profit jump

Mon, 20 Feb 2017 12:17:00 +1300

The telecommunications network operator, Chorus, has reported a doubling of its half-year profit because of better earnings from its copper line network and keeping costs in check.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20170220-1217-chorus_reports_half-year_profit_jump-128.mp3




Markets Update for 20 February 2017

Mon, 20 Feb 2017 08:29:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170220-0829-markets_update_for_20_february_2017-128.mp3




Business News for 20 February 2017

Mon, 20 Feb 2017 06:49:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170220-0649-business_news_for_20_february_2017-128.mp3




Early Business News for 20 February 2017

Mon, 20 Feb 2017 06:20:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20170220-0620-early_business_news_for_20_february_2017-128.mp3