Bay of Plenty business news
![Mark Cairns pulls out of 'farcical' process for Fletcher Building chairperson](/pf/resources/images/placeholders/placeholder_p.png?d=793)
Mark Cairns pulls out of 'farcical' process for Fletcher Building chairperson
Fletcher Building is missing key leaders.
![‘Five straight months of negative growth’: Auckland house values continue down](/pf/resources/images/placeholders/placeholder_p.png?d=793)
‘Five straight months of negative growth’: Auckland house values continue down
Chilly weather matches a particularly cold Auckland market for house sales and values.
![Kiwifruit industry 'booming', licence and orchard prices fall](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwifruit industry 'booming', licence and orchard prices fall
Fewer orchards staying in families as syndicate ownership picked as a growing trend.
![Government’s $1.2b fund for the regions, who can tap it and what it’ll buy](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Government’s $1.2b fund for the regions, who can tap it and what it’ll buy
The new regional infrastructure fund opens to applicants; who can apply, what it'll buy.
![Pessimists sound smart, optimists make money - Mark Lister](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Pessimists sound smart, optimists make money - Mark Lister
OPINION: Optimism pays in investing
![Mark Lister: Trump the frontrunner in debate lead-up](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Mark Lister: Trump the frontrunner in debate lead-up
OPINION: Biden will be hoping an early debate will revive his campaign.
![Mark Lister: Raft of bad news from locally listed companies](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Mark Lister: Raft of bad news from locally listed companies
OPINION: What could turn things around for local stocks?
![Rescuing Ryman Healthcare: Chairman reveals his plan](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Rescuing Ryman Healthcare: Chairman reveals his plan
The retirement village company is nothing short of a financial disaster.
![French-owned HEB Construction profit leaps 62% from NZ operations](/pf/resources/images/placeholders/placeholder_l.png?d=793)
French-owned HEB Construction profit leaps 62% from NZ operations
Business has road, rail, bridge, land, urban development and water projects throughout NZ.
![Builder sentenced for forgery, pretending to be licensed](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Builder sentenced for forgery, pretending to be licensed
He provided false and misleading information on three separate jobs.
![139 jobs lost as mussel processing plant in Tauranga set to close](/pf/resources/images/placeholders/placeholder_l.png?d=793)
139 jobs lost as mussel processing plant in Tauranga set to close
The joint venture is 'unable to profitably process mussels in Tauranga'.
![White Island Tours declares insolvency, liquidators appointed](/pf/resources/images/placeholders/placeholder_l.png?d=793)
White Island Tours declares insolvency, liquidators appointed
Company struggled to raise money to pay a fine after eruption tragedy.
![Zuru owners top 2024 Rich List, beating out magnate Graeme Hart](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Zuru owners top 2024 Rich List, beating out magnate Graeme Hart
Toy company owners have been named the country's wealthiest people.
![Farmers can make great investors - Mark Lister](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Farmers can make great investors - Mark Lister
OPINION: Farmers have an awful lot of risks to consider.
![‘Outrageous’ difference in fees charged to cancer patients by private clinics](/pf/resources/images/placeholders/placeholder_l.png?d=793)
‘Outrageous’ difference in fees charged to cancer patients by private clinics
Some patients regularly travel long distances to access cheaper private care.
![Arohena ‘kid’ to head Zespri](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Arohena ‘kid’ to head Zespri
Young leader from Waikato rises through the ranks to head Zespri organisation.
![Mark Lister: The trouble with non-tradeables inflation](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Mark Lister: The trouble with non-tradeables inflation
OPINON: Lower inflation doesn’t mean lower prices.
Business news around NZ
![Market close: Takeover news sparks surge in Arvida, The Warehouse share prices](/pf/resources/images/placeholders/placeholder_p.png?d=793)
Market close: Takeover news sparks surge in Arvida, The Warehouse share prices
After firing up in the morning the local index fell sharply in the afternoon.
!['Exciting': NZ sheep milk company scores a big win in China](/pf/resources/images/placeholders/placeholder_p.png?d=793)
'Exciting': NZ sheep milk company scores a big win in China
Spring Sheep has gaining brand registration for its infant milk formula.
![NZ law firm predicts legal class actions in wake of Crowdstrike global IT outage chaos](/pf/resources/images/placeholders/placeholder_p.png?d=793)
NZ law firm predicts legal class actions in wake of Crowdstrike global IT outage chaos
Shareholder claims against unprepared organisations are also a possibility.
![Joe Biden resignation: ‘Trump Trade’ bets and market volatility expected](/pf/resources/images/placeholders/placeholder_p.png?d=793)
Joe Biden resignation: ‘Trump Trade’ bets and market volatility expected
Stiff tariff talk, speculation about Trump 2.0 influence market moves.
![Tiwai Point to ramp down electricity usage to ease tight supply](/pf/resources/images/placeholders/placeholder_p.png?d=793)
Tiwai Point to ramp down electricity usage to ease tight supply
Tightening gas supply and low lake levels have pushed wholesale power prices higher.
![More home loan rate cuts – if you can get them](/pf/resources/images/placeholders/placeholder_p.png?d=793)
More home loan rate cuts – if you can get them
Rate relief may take time to filter through to households.
![From 40 packs a week to 1500, mother-daughter duo nourishing Te Puke with microgreens](/pf/resources/images/placeholders/placeholder_l.png?d=793)
From 40 packs a week to 1500, mother-daughter duo nourishing Te Puke with microgreens
'Microgreens are not just the garnish on a meal at a fancy restaurant.'
![Best kept secret in Waihi Beach perfect for awards night](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Best kept secret in Waihi Beach perfect for awards night
Time to salute community gems and acknowledge local businesses who excel.
![Mark Lister: Sell in May and go away?](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Mark Lister: Sell in May and go away?
OPINON: There are definitely a few reasons to think we might get a few bumps in the road.
![Bayleys honours its top achievers](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bayleys honours its top achievers
The awards were held at Tauranga's Mercury Baypark Arena.
![Kiwifruit growers paid record prices despite Zespri profit dip](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwifruit growers paid record prices despite Zespri profit dip
Green kiwifruit growers paid $9.55 a tray, up from $5.78 for the 2022-23 season.