Whanganui 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.

‘Intimidated, threatened’: Rogue arborists cause alarm
Police advise residents being targeted to 'close the door and not engage with the person'.

Why property investors are turning to short-term rentals for gains
Auckland's average daily rate for Airbnb is just over $290, the highest in NZ.

‘Totally different’: Avenue Hotel restaurant rebuild begins
Work will be completed by the end of the year.

Skifield buyer Whakapapa Holdings potential operator for Chateau Tongariro
Whakapapa Holdings is interested in operating the currently decaying heritage building.

‘Tough news’: NZME proposes to close 14 local newspapers, with the loss of 30 jobs
Herald owner says community titles are no longer profitable in changing media landscape.

Whanganui friends and business owners create unique Rēwena Gin
'It’s more than a drink when there’s the connection of whānau.'

Hopes property developer will snap up shopping centre
'It’s the first time it has come to the market for about 55 years.'

Improved export capability focus of business survey
New opportunities ahead for Whanganui business success.

Stalled international pilot training costing New Zealand $50m a year
An industry group blames the exit of a big operator and slow visa processing.

The Country Fast Five: 'AI will empower the average farmer'
The Country has five questions to get to know rural New Zealand a little better.

Whakapapa Holdings close to deal for ski area assets
'We have confidence as a business that the Whakapapa ski area is viable commercially.'

Fonterra farmers will zero in on milk price in FY24 results this week
Plans for the sale of the consumer business are also in the market spotlight.

'Decommissioning' on the table for the Chateau Tongariro
Gov't abandons search for new operator of Chateau Tongariro, decommissioning considered.

'Absolutely thrilled': The Star is reborn - 103-year-old newspaper resurrected after closure
The presses are rolling again.

NZ’s biggest house-builder G.J. Gardner planning 30% franchise growth
'If you’re in a really tough game, go on the attack.'

'Massive blow': Hundreds of jobs lost as Winstone shuts mills
One of the central North Island's biggest employers has made the call to shut two mills.
Business news around NZ

Gold hits $3500 as stocks rebound amid trade war fears
Gold has set a series of records in recent weeks.

Former mayor claims accounting error for company bill payments
Aldo Miccio says $32,000 has been repaid.

Richard Prebble: Why NZ's trade with Brazil remains limited
OPINION: Navigating Brazil's complex market for New Zealand businesses.

'It's incredibly hard': Defence lawyer on gender gap, work-life balance in legal field
Stereotypes, gangs, AI and workaholics: Is the law really worth it?

Market close: Infratil, Mainfreight hit by US news flow; NZX down 2.3%
Turmoil in the US continues to put downward pressure on the NZ share market.

Market turmoil drives NZ dollar sharply higher
The New Zealand dollar has rallied sharply amid turmoil on international markets.
More local business news

Construction sector suspected suicides: 80 died last year, highest on record
Data from Coronial Services dating back to 2007 shows record 2023 suicide numbers.

Will forestry rob hundreds of Kiwis of jobs? Meat processing sector confronts big livestock dip
One million fewer lambs next spring raises economic red flag in meat-processing industry.

Mercury, Winstone Pulp in war of words over power price claims
Mercury has contested forest products company Winstone's claims about high power prices.

High energy prices threaten 230 jobs at Winstone Pulp International
If the plan goes ahead 230 people would lose their jobs.

Burgermania hits Whanganui
'We all offer different experiences and versions of the same thing.'

'Just keep going' as customers tighten purses
'They might just have a coffee or something light, or they’ll share a plate.'