Business news
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.
Hospice boss Christine Rankin stunned at trusted manager's $62k theft from charity shops
Mark Wisniewski admitted to taking $62,600 from till cash over six years.
Wattle Park developer liquidated: Kiwibank owed $3.6m, Inland Revenue $1.09m
Project completed in January 2022 but developer blames Covid and the downturn for debts.
‘Fully back in the saddle’: How this city’s events sector is thriving
There's something in the air for Rotorua venues and suppliers – renewed confidence.
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.
Business news around NZ
Roger Partridge: How asset recycling could solve NZ's infrastructure woes
OPINION: New Zealand faces a $210 billion infrastructure deficit with ageing systems.
Steven Joyce: NZ must rethink funding for hospital infrastructure
OPINION: Private investors should be invited to build more of our health facilities.
Marcus Musson: No tariffs for timber but NZ forestry not out of the woods
OPINION: The tariff roulette wheel has been spinning furiously for the past few weeks.
More Rotorua business news
‘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.
Opinion: Green shoots emerge as business confidence rebounds
The Fonterra payout this season is the highest in history.
The final reunion: Former NZ Forest Products workers set to gather
Forest workers to descend on Tokoroa from far and wide.
Opinion: What employment law reform could mean for NZ workers
A $180,000 income threshold will affect unjustified dismissal rights.
Holiday house hike: Group to assess impact of targeted rate
A working group to be set up to recommend improvements.
Fast-food proposal decision slowed down as council requests more info
The hearings on the Tīrau Starbucks and Burger King proposal are yet to be scheduled.
Opinion: How fixed income can ease the pressure on conservative savers
Term deposit rates have fallen from over 6% to mid-fours recently.
A world of worry: The clouds over NZ’s tourism recovery
Plus: How many bookings Flight Centre makes for Kiwi and overseas travellers a year.
Opinion: History shows average market forecasts often miss the mark
OPINION: The market has risen in 93 out of 125 years, with 47 years over 20%.