Business news

'Largest portfolio' – $600m+ deal for seven NZ hotels to be sold
Hotels in Auckland, Rotorua, Wellington, Christchurch and Queenstown are to be sold.

'Momentum is real': TRENZ puts Rotorua in global spotlight
About 1200 delegates, including 340 travel buyers from 26 countries, will attend.

House prices down in most regions in year to March
Prices either static or falling throughout NZ, only six areas had price rises lately.

Taupō Ironman event generates $23m visitor spending for the region
Taupō District Council estimates the December event earned $50m for New Zealand.

Opinion: What Trump's tariff shock means for investors globally
The S&P 500 fell 10.5% over two days after Trump's tariff announcement.
Business news around NZ

From the heartbreak of losing her husband at just 48, a couple's enduring media legacy
'It allows me to focus on myself and the kids and figure out life without Allan.'

Bruce Cotterill: Why the so-called Super City hasn't delivered for Aucklanders
Opinion: Auckland's regional merger aimed for efficiency but led to rising costs.

Fran O'Sullivan: Political games hinder vital superannuation reform
OPINION: It's time for NZ's leaders to tackle the superannuation debate together.
More Rotorua business news

Opinion: Markets face uncertain year after volatile first quarter
OPINION: The S&P 500 fell 4.6% in March, its biggest drop since 2022.

Northland set to lose $70m tomato project to Waikato
Glasshouse will relocate to Waikato for a new CO2 supply after Marsden Point closure.

Silver Fern Farms records $21.8m loss
The company said it bore the brunt of the costs to retain high farmgate returns.

Opinion: Why NZ’s economic signals are so confusing
GDP per capita rose for the first time since 2022, ending eight quarters of decline.

$135m distributed last year by iwi to members
Distributions paid have increased by around 35% in the last five years: Phil Barry, TDB.

Torpedo7’s new owners reveal major shake-up for retailer
Some stores to be closed while others will be rebranded under new name.

Asset values up only $100m since 2022: New report on 10 biggest iwi
Most iwi had positive financial returns in 2024, an improvement on 2023: latest report

Opinion: Why investors should remain hopeful despite market dip
The S&P 500 has dropped 10% from its February highs, entering a correction.

‘A new frontier’: How supercritical geothermal could change NZ energy
About $12m to $15m has already been spent on investigative work.

The thrill of a luge ride: Skyline expanding in six countries
From its first gondola in Queenstown in 1967, Skyline is now a global luge business.

Opinion: ‘Bull market’ in Europe as US hits speed bumps
Tariffs loom large as a threat to the wider European economy.

'Every day is a privilege': Mark Leslie on leading NZ's largest farm
"Agriculture is far from being a sunset industry".

Opinion: The truth behind the ‘best 10 days’ myth in investing
Avoiding the worst 10 days would grow $10,000 to nearly $550,000.

Richard Prebble: Why I resigned from the Waitangi Tribunal
OPINION: I will not participate in turning the Treaty into a socialist manifesto.

Unions concerns over new immigration policies for RSE workers
There are close to 9000 workers in NZ under the Recognised Seasonal Employer scheme.

Haka for sale: Inside the ‘problematic’ global trend of Māori dance workshops for corporate clients
Companies selling haka classes are used by global brands – and are alarming experts.

Mark Lister: Navigating Trump's second term requires market patience
OPINION: Trump may prove more measured and adaptable than some believe.

Retail shake-up: Appliance delivery and removal brand moves into NZ
The company believes the NZ appliance retail market is ripe for upheaval.