Leading Kiwi retailer The Warehouse Group has posted a significant net loss off the back of a tough trading environment.

The company today posted it announced a net loss of $54.2 million - a contract to last year's $29.8 million net profit.

 NZ Herald business editor at large Liam Dann says it's unclear if the Warehouse can recover from this.

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Leading Kiwi retailer The Warehouse Group has posted a significant net loss off the back of a tough trading environment.
The company today posted it announced a net loss of $54.2 million - a contract to last year's $29.8 million net profit.
 NZ Herald business editor at large Liam Dann says it's unclear if the Warehouse can recover from this.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Liam Dann: NZ Herald business editor at large on The Warehouse Group reporting a $54.2m net loss

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e9615a6f-b919-4497-8e75-b1f700805fa2/transcript

The Independent Children's Monitor says Oranga Tamariki still isn't measuring up to national care standards.

The percent of young people in OT care suffering abuse has increased from 8 percent to 10 percent in the year to July last year. 

The report says a third of those in care aren't seeing social workers enough and only 11 percent had been given an assessment of their life skills.

Independent Children's Monitor CEO Arran Jones says it's important to ensure that children in state care are properly looked after - and this data isn't good reading.

LISTEN ABOVE

The Independent Children's Monitor says Oranga Tamariki still isn't measuring up to national care standards.
The percent of young people in OT care suffering abuse has increased from 8 percent to 10 percent in the year to July last year.&nbsp;
The report says a third of those in care aren't seeing social workers enough and only 11 percent had been given an assessment of their life skills.
Independent Children's Monitor CEO Arran Jones says it's important to ensure that children in state care are properly looked after - and this data isn't good reading.
LISTEN ABOVE

Arran Jones: Independent Children's Monitor CEO on the new report revealing Oranga Tamariki isn't up to standard

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ec0c2b63-b6f6-4a68-8819-b403007aee49/transcript

Auckland's mayor's adamant he won't be drawing up housing maps and plans for the Minister just yet. 

Housing Minister Chris Bishop's recently backed down on Auckland’s housing density plans, cutting the city’s theoretical capacity from two million homes to 1.6 million.

He's asked Auckland Council to send an updated summary on provisional zoning changes by March 17.

But mayor Wayne Brown says they won't invest millions on maps without more clarity, and they don't materialise at the press of a button. 

LISTEN ABOVE

Auckland's mayor's adamant he won't be drawing up housing maps and plans for the Minister just yet.&nbsp;
Housing Minister Chris Bishop's recently backed down on Auckland’s housing density plans, cutting the city’s theoretical capacity from two million homes to 1.6 million.
He's asked Auckland Council to send an updated summary on provisional zoning changes by March 17.
But mayor Wayne Brown says they won't invest millions on maps without more clarity, and they don't materialise at the press of a button.&nbsp;
LISTEN ABOVE

Wayne Brown: Auckland mayor reveals why he's not drawing up housing plans for Minister Chris Bishop

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4720796e-f389-49ae-a26c-b4030078c724/transcript

Listen to the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday  4 March.

Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

Listen to the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday 4 March. 
Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

Full Show Podcast: 04 March 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1cd50cac-d8bb-4c8e-a4ad-b40300662ec7/transcript

Liam Dann: NZ Herald business editor at large on The Warehouse Group reporting a $54.2m net loss

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