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Bay of Plenty business news
Opinion: The investor's guide to surviving a sell-off
Investors are advised not to panic amidst the market volatility.
Leading refrigeration and aircon business reveals new Tauranga centralised hub
McAlpine Hussman NZ officially opens new centralised Tauranga hub.
SH35 on East Cape partially closed as Cyclone Tam continues to lash NZ
A potential low-system is set to form on the northeast coast of New Zealand.
Potential loss of 62 jobs at Ballance plant a 'concern for Tauranga’
Ballance Agri-Nutrients' proposal could mean 68 roles disestablished, with six new jobs.
Ballance proposal may cut 62 jobs at Mount Maunganui plant
The proposal would eliminate 68 roles and create six new ones.
House prices down in most regions in year to March
Prices either static or falling throughout NZ, only six areas had price rises lately.
On The Up: The business estate still in hot demand after 20 years
In the past year, $70m worth of building consents have been issued for the development.
The grid-scale solar farm installing 1600 panels per day
Plus the big investors behind the private project.
Opinion: Markets face uncertain year after volatile first quarter
OPINION: The S&P 500 fell 4.6% in March, its biggest drop since 2022.
Housing glut: Auckland’s biggest agency has record unsold stock
Some Auckland vendors had begun to expect higher prices, REINZ said of February data.
70 jobs lost as Body Shop NZ goes into liquidation, closes final stores
Body Shop NZ had 16 stores across New Zealand.
Opinion: Why NZ’s economic signals are so confusing
GDP per capita rose for the first time since 2022, ending eight quarters of decline.
Long-running social services trust in liquidation owes IRD $200k
Te Tuinga Whānau once had assets and revenue worth millions of dollars.
$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
E-motorbike maker Ubco owes $36m, potential purchaser emerges
The firm went into receivership in January, having raised tens of millions from investors.
‘Strong sense of confidence’: Kiwifruit industry eyes record harvest
The kiwifruit industry picked up last year and things are looking good for 2025.
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.
Opinion: ‘Bull market’ in Europe as US hits speed bumps
Tariffs loom large as a threat to the wider European economy.
'All we knew was avocado on toast': City couple's orchard adventure
Couple flipped their lives from corporate city dwellers to hands-on avocado orchardists.
‘Spotlight on exporters’: Bay of Plenty awards highlight achievements
The event returns after a hiatus, celebrating Bay of Plenty exporters.
Business news around NZ
Former FMA chief Rob Everett to chair Simplicity
Rob Everett was the former chief executive of the Financial Markets Authority (FMA).
PropertyUpdated
NZ's billion-dollar builders revealed as new king of construction emerges
The country's busiest commercial builder secured $1.2 billion of work last year.
Amelia Linzey: Driving growth and prosperity in a nation that loves to win
Opinion: These are four sectors that hold potential to propel Aotearoa to turn on growth.
Chinese compliance concerns kill Rakon deal
Why US firm Skyworks walked away from $390m takeover.
Air NZ overhauls emission targets: How more sustainable fuel could power future flights
Airline says overseas turmoil doesn't change its goal to slash emissions.
Why Te Arai dune house is a standout
A ferry terminal, hotels, waterfront apartments, eye-catching new homes: who won awards?
Property Insider: $7 billion Asia-Pacific fund hunts in NZ
Data centres, warehouses, offices, properties under mortgagee sale: asset classes named.
What the PM knew about the new Commerce Minister’s link to the grocery sector
Luxon assures the conflict has been managed well.
Opinion: The truth behind the ‘best 10 days’ myth in investing
Avoiding the worst 10 days would grow $10,000 to nearly $550,000.
Beachside bunker ‘dune house’ designed for Rod Drury entity at Te Arai Links
The unusual home is designed to blend seamlessly into the landscape.
The new Commerce Minister, the family member and why he can’t tackle the supermarket duopoly
Scott Simpson says he will have nothing to do with grocery sector regulation.
Richard Prebble: Why I resigned from the Waitangi Tribunal
OPINION: I will not participate in turning the Treaty into a socialist manifesto.