Bay of Plenty business news
'Absolutely thrilled': The Star is reborn - 103-year-old newspaper resurrected after closure
The presses are rolling again.
Family-owned Tauranga motorhome business goes into liquidation owing $400k
The Tauranga-based company sells and repairs recreational vehicles and caravans.
Opinion: Bad news - mortgage rates might not fall as much as you’re hoping
OPINION: OCR projected to drop to about 3% by early 2027, impacting future mortgage rates.
$1.9b for transport: Where it will be spent in Bay of Plenty
Cash boost part of $32.9b National Land Transport Programme for 2024-2027.
Boating companies in liquidation owing IRD $1.5m in unpaid taxes
The businesses owe unpaid taxes and loans, according to the IRD's statements of claim.
'True maestro': Top TV reporter once punched by Sir Bob Jones has died
Rod Vaughan has been described as 'the epitome of journalistic excellence'.
Chomping down bigtime: Fast-food giant expanding in NZ
New outlets across the country contributed to the New Zealand arm performing strong.
Comvita posts $77.4m loss after difficult year
Loss of a major customer and sharp fall in China demand blamed for poor result.
More than 100 jobs lost as logistics company closes down Auckland stevedoring operations
Staff were informed of the redundancy process today.
Laid-back approach helps to keep the crowds coming back to ‘magical’ park in Athenree
A new business that had a rocky start has gone on to take out the industry's top award.
Rate cut sparks biggest rally in NZ shares in two years
OPINION: Federal Reserve expected to cut rates, potentially boosting market performance.
Power pylon problems: New line to Coromandel alone could cost $500m
The huge cost of new power lines to aid energy security is revealed after the debacle.
Port of Tauranga operating profits slip 12.8% in 'year of two halves'
The first half of 2024 was particularly challenging, CEO says.
Zespri continues crackdown on illegal kiwifruit plantings in China
Chinese growers have been illegally planting Zespri's SunGold or G3 since 2016.
Company reporting: Investors should brace themselves - Mark Lister
OPINION: Many results likely to make for sombre reading.
Container shipping giant's NZ service changes temporary, exporters and importers hope
World's No 1 container line MSC announces Oceania service rejig.
Business news around NZ
Market close: Fed's 'jumbo' rate cut spurs NZ shares higher
Across the ditch, the Australian sharemarket reached a record high.
Why former owners of three Auckland restaurants went into liquidation owing $700k
“It’s going to be completely different from what it is now.”
What’s the deal with ‘free money’ from power companies?
Not everyone qualifies, here's why - and whether you might be one of them.
Guilty plea in cartel case welcomed by Commerce Commission
Half the defendants in alleged construction cartel plead guilty.
Want to trade like Warren Buffett? New chatbot mimics minds of the greats
Wall Street's 'Intelligent Livermore ETF' will create new riches for investors.
GDP falls 0.2%: 'Effectively a recession that's lasted two years' - economist
On an annual basis, GDP fell 0.2% over 12 months to June 2024.
Mark Lister: Did the Fed just make a policy mistake?
OPINION: Policymakers need to ensure unemployment doesn’t rise too much.
Opinion: More twists in the US election tale
OPINION: What a pivotal month in US politics might mean for markets.
ChargeNet opens NZ’s largest charging hub in Tauranga: How much taxpayers chipped in
The company wants to see a UFB-style model established for the charging network.
Honey exporter Comvita sinks to $16.8m loss
Comvita blames trading conditions in China and non-recurring costs.
Opinion: Rate cuts are coming, here's what investors should do
OPINION: The Reserve Bank would need to make a move soon, Mark Lister says.
$20m project: NZ paper mill switches from gas to geothermal steam
Mill decarbonisation 'equivalent to removing over 2200 cars from the road'.