Thursday, June 18, 2026

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Money

NZ trade mission heads to Saudi Arabia

Builders struggle as construction insolvencies climb 13% year-on-year

Three Kiwi medical tech startups collapse after funding shortfall

IKEA to open first New Zealand store at Sylvia Park on 4 December

Smiths City enters voluntary administration

Tesla sales slump in Europe – data

SME pessimism grows as OCR cuts fail to lift confidence

Banking Competition Inquiry response due in November

Fonterra sells consumer brands to Lactalis in $3.8b deal

Fletcher Building posts $419m loss

Rural ratepayers revolt over steep Auckland Council rate hikes

Celebrated Palmerston North cafe in liquidation

Claire’s U.K. moves toward administration, putting 281 stores at risk

IAG posts 33% profit jump as claims fall and margins improve

Rising number of NZ businesses reporting losses as economic pressures mount

Ōrewa family faces 72% rates hike on land they can’t develop

ChatGPT maker could become world’s most valuable private tech firm – Bloomberg

Zuru sues former nappy partner for breach of trust in $30m diaper deal fallout

Accountants call for Capital Gains Tax to tackle structural deficit and aging population pressures

Mortgage refinancing hits record high

In-store payment surcharges to be banned by 2026

Nauru aims to become Pacific’s crypto hub with new Digital Asset Authority

AI fuelling energy price rises in US – FT

Taiwan chipmaker achieves $1 trillion valuation

Trump Media invests $2 billion in Bitcoin

Noel Leeming faces criminal charges over allegedly misleading price promise

HelloFresh pleads guilty to misleading customers in ‘subscription trap’ scheme

U.S. Treasury reports surprise surplus

German luxury car giant reports another major sales drop

South Korea to give citizens free money

BlackRock drops Ukraine fund – Bloomberg

Auckland man’s five-year legal ordeal over mistaken $11.5k transfer exposes gaps in NZ banking protections

British pound may go ‘woke’

Reserve Bank Board appointments announced

Hardship and business failures on the rise

CBL CFO fined over $1.2m for role in disclosure breaches

Iraq warns of $300 per barrel oil

Shaq pays $1.8m to settle FTX lawsuit over crypto endorsements

Israel-Iran conflict shakes oil markets and global supply chains

Gold overtakes euro in global reserves

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