Archive

Business

CoveragePost

Seafood company Sanford’s full-year net profit $63.7 million, more than triple previous year

November 18, 2025

Source: Radio New Zealand Sanford’s net profit for the year ended September was $63.7 million. Supplied / Sanford Seafood company Sanford has made a record full-year profit driven by the strong performance of its aquacultural business. Net profit for the year ended September was $63.7 million, or more than three times the year earlier’s $19.7m. ... <a title="Seafood company Sanford’s full-year net profit $63.7 million, more than triple previous year" class="read-more" href="https://eveningreport.nz/2025/11/18/seafood-company-sanfords-full-year-net-profit-63-7-million-more-than-triple-previous-year/" aria-label="Read more about Seafood company Sanford’s full-year net profit $63.7 million, more than triple previous year">Read more</a>

CoveragePost

When will instant coffee be affordable again?

November 18, 2025

Source: Radio New Zealand Instant coffee prices have spiked this year. creative commons – pixabay – moritz320 The cost of food continues to climb, with Stats NZ figures showing some of the sharpest increases in staples like cheese, eggs and milk. But few items rose as sharply in price as instant coffee – up 25.5 ... <a title="When will instant coffee be affordable again?" class="read-more" href="https://eveningreport.nz/2025/11/18/when-will-instant-coffee-be-affordable-again/" aria-label="Read more about When will instant coffee be affordable again?">Read more</a>

CoveragePost

Uber drivers’ Supreme Court decision could collapse gig economy, business groups say

November 18, 2025

Source: Radio New Zealand AFP Business groups says a Supreme Court decision that Uber drivers are employees rather than contractors could collapse the gig economy. It comes after the Supreme Court unanimously decided to shut down Uber’s appeal against an Employment Court ruling in 2022 that drivers using the app were employees of Uber. BusinessNZ ... <a title="Uber drivers’ Supreme Court decision could collapse gig economy, business groups say" class="read-more" href="https://eveningreport.nz/2025/11/18/uber-drivers-supreme-court-decision-could-collapse-gig-economy-business-groups-say/" aria-label="Read more about Uber drivers’ Supreme Court decision could collapse gig economy, business groups say">Read more</a>

CoveragePost

What IKEA’s opening will mean for local homeware retailers

November 18, 2025

Source: Radio New Zealand IKEA has released details of some of the prices it will charge in New Zealand. RNZ / Marika Khabazi IKEA has released details of some of the prices it will charge in New Zealand – but how much of a threat will it be to other local homeware retailers? It says ... <a title="What IKEA’s opening will mean for local homeware retailers" class="read-more" href="https://eveningreport.nz/2025/11/18/what-ikeas-opening-will-mean-for-local-homeware-retailers/" aria-label="Read more about What IKEA’s opening will mean for local homeware retailers">Read more</a>

CoveragePost

Bench top manufacturer calls out use of potentially deadly engineered stone

November 17, 2025

Source: Radio New Zealand Nelson MP Rachel Boyack opening the new AGB factory in Tasman. RNZ/Samantha Gee A New Zealand stone fabricator is calling on manufacturers and consumers to end the use of potentially deadly crystalline-silica engineered stone. About 1000 workers are thought to have been been exposed to high concentrations of respirable crystalline-silica dust ... <a title="Bench top manufacturer calls out use of potentially deadly engineered stone" class="read-more" href="https://eveningreport.nz/2025/11/17/bench-top-manufacturer-calls-out-use-of-potentially-deadly-engineered-stone/" aria-label="Read more about Bench top manufacturer calls out use of potentially deadly engineered stone">Read more</a>

CoveragePost

High electricity connection costs a barrier for development – Electricity Authority

November 17, 2025

Source: Radio New Zealand 123RF The electricity sector regulator wants to be able to intervene to control prices for connecting to electricity networks. The Electricity Authority said some lines companies were charging high up-front costs for connections, which can be a barrier to development, slow down electrification and leave consumers worse off. The authority’s general ... <a title="High electricity connection costs a barrier for development – Electricity Authority" class="read-more" href="https://eveningreport.nz/2025/11/17/high-electricity-connection-costs-a-barrier-for-development-electricity-authority/" aria-label="Read more about High electricity connection costs a barrier for development – Electricity Authority">Read more</a>

CoveragePost

Donald Trump’s tariff ‘flip-flopping’ has NZ businesses on edge, economist says

November 17, 2025

Source: Radio New Zealand US president Donald Trump has cancelled tariffs on several US food imports including beef and kiwifruit. AFP / RNZ Composite An economist says US president Donald Trump’s flip-flopping on tariffs has New Zealand businesses on edge. Trump has cancelled tariffs on several US food imports including beef and kiwifruit. Sense Partners ... <a title="Donald Trump’s tariff ‘flip-flopping’ has NZ businesses on edge, economist says" class="read-more" href="https://eveningreport.nz/2025/11/17/donald-trumps-tariff-flip-flopping-has-nz-businesses-on-edge-economist-says/" aria-label="Read more about Donald Trump’s tariff ‘flip-flopping’ has NZ businesses on edge, economist says">Read more</a>

CoveragePost

Will I have to pay tax if I give my kids $150k? – Ask Susan

November 15, 2025

Source: Radio New Zealand RNZ money correspondent Susan Edmunds. RNZ Got questions? RNZ has launched anew podcast, ‘No Stupid Questions’, with Susan Edmunds. We’d love to hear more of your questions about money and the economy. You can send through written questions, like these ones, but even better, you can drop us a voice memo ... <a title="Will I have to pay tax if I give my kids $150k? – Ask Susan" class="read-more" href="https://eveningreport.nz/2025/11/15/will-i-have-to-pay-tax-if-i-give-my-kids-150k-ask-susan/" aria-label="Read more about Will I have to pay tax if I give my kids $150k? – Ask Susan">Read more</a>

CoveragePost

Why Christmas barbecues likely to be a ‘pretty expensive endeavour’

November 15, 2025

Source: Radio New Zealand Month on month, just over 3200 products increased in cost from September to October 2025. Bianca Ackermann / Unsplash Higher food prices could have New Zealanders rethinking their Christmas meal plans – and a barbecue is likely to be an expensive option, one economist says. Infometrics has released its latest Grocery ... <a title="Why Christmas barbecues likely to be a ‘pretty expensive endeavour’" class="read-more" href="https://eveningreport.nz/2025/11/15/why-christmas-barbecues-likely-to-be-a-pretty-expensive-endeavour/" aria-label="Read more about Why Christmas barbecues likely to be a ‘pretty expensive endeavour’">Read more</a>

CoveragePost

Manufacturing sector expands for fourth consecutive month in October

November 14, 2025

Source: Radio New Zealand A reading above 50.0 indicates expansion in the BNZ-Business New Zealand PMI, in October the score rose by 1.3 points to 51.4. 123rf Manufacturing activity expands, rises 1.3 points to 51.4 – above 50 is expansion Four of five sub-indexes also in expansion – employment still contracting Manufacturing expanded four months ... <a title="Manufacturing sector expands for fourth consecutive month in October" class="read-more" href="https://eveningreport.nz/2025/11/14/manufacturing-sector-expands-for-fourth-consecutive-month-in-october/" aria-label="Read more about Manufacturing sector expands for fourth consecutive month in October">Read more</a>

CoveragePost

Manufacturing orders up, but employment still a struggle – survey

November 14, 2025

Source: Radio New Zealand The survey showed a rise in new orders and production, but a further weakening of employment. 123rf Manufacturing sector activity expanded in October thanks to higher new orders and improving demand. The BNZ-Business NZ Performance of Manufacturing Index rose by 1.3 points to 51.4 in October, although it was still below ... <a title="Manufacturing orders up, but employment still a struggle – survey" class="read-more" href="https://eveningreport.nz/2025/11/14/manufacturing-orders-up-but-employment-still-a-struggle-survey/" aria-label="Read more about Manufacturing orders up, but employment still a struggle – survey">Read more</a>

CoveragePost

Ed-tech company Kami named EY entrepreneur of the year

November 14, 2025

Source: Radio New Zealand Kami co-founders Hengjie Wang and Alliv Samson with their award. SUPPLIED The co-founders of education technology platform Kami have been named EY entrepreneur of the year, with a fast growing global business expanding in more than 180 countries, except New Zealand. Kami’s educational products is used by 70 million teachers and ... <a title="Ed-tech company Kami named EY entrepreneur of the year" class="read-more" href="https://eveningreport.nz/2025/11/14/ed-tech-company-kami-named-ey-entrepreneur-of-the-year/" aria-label="Read more about Ed-tech company Kami named EY entrepreneur of the year">Read more</a>