Latest from Business

Giant step for Rocket Lab

Rocket Lab Mahia launches earned the NASDAQ-listed company $NZ38.24 million, the company's third quarter results show. For the third quarter of the year, United States-based Rocket Lab, which operates two launch pads at its Mahia space port, reported...

Astronomical growth for Rocket Lab

Rocket Lab yesterday announced record revenue of $55.5 million on the back of three more successful launches from its Mahia space port. The figures were announced in the US-based company's financial results for its second fiscal quarter of 2022...

‘A whole lot of tired people out there’

A first-of-its-kind BDO New Zealand study investigating the link between business performance and wellbeing, which includes sector-specific insights, has found that business owners and leaders who identify as Māori are still feeling the strain...

Successful year for Gisborne Holdings

BOB Proudfoot, chairman of the council's fully-owned subsidiary Gisborne Holdings, will report on a successful year to Gisborne District Council tomorrow. Gisborne Holdings' distribution will be $1.2 million larger than its statement of intent. Among...

January exports a record

THE January throughput of cargo through Eastland Port achieved a record log tonnage for the month in what was the busiest January for wood export since Eastland Port was created. As was reported in brief on Saturday more than 178,000 tonnes of logs...

Riversun rides into future

ABOUT 20 years ago, Riversun managing director Geoff Thorpe had an epiphany. He was on honeymoon with his wife Anna in a little German wine village. Geoff was jet-lagged and unable to sleep, so took a pre-dawn stroll. He stopped outside an old door...

Focus on innovation

The region is now well and truly back to work and back to business. High sunshine hours mean strong performance continues for our primary industries. Alongside this, the surge in tourism activity also contributes to a sense of regional...

On-site vaccine clinics help port workers

Eastland Port and ISO Limited are tracking well to meet the public health order requiring all border-facing port workers to have their first Covid-19 vaccination by September 30. Earlier last month Eastland Port reported all of its seven front-line...

Training help for young staff

Skill shortages are still the main issue facing New Zealand companies. Automation and digitisation may deliver many opportunities for growth, but only for those businesses that are ready and have invested in the skills and infrastructure to thrive...

Spending up in December

GISBORNE Christmas shoppers loosened their purse strings in December, but not by as much as most New Zealanders. Figures from Westpac New Zealand CashNav app users show Gisborne shoppers spent $970 in December, only 9 percent, or $78, more than last...

Big attendance at small business roadshow

A NATIONWIDE roadshow aimed at providing small businesses with face-to-face access to Government departments and information on new tax and health and safety rules, yesterday attracted droves of local business owners. Minister for Small Business...

Cyber security: are you exposed?

WHAT do you know about your online footprint? When you google yourself, what do you find? Increasingly our lifestyles are being digitalised and our information that was once private is now in the global public domain. What are the risks of living in...

Fostering pathways for Maori employment

The Government's Māori Employment Action Plan — Te Mahere Whai Mahi Māori will fill a big void for Māori businesses wanting to build capacity, says Amotai-Supplier Diversity Aotearoa's general manager. Te Mahere Whai Mahi Māori was launched by...

Opportunities in port expansion, says Gisborne apple grower

Mark De Costa's relationship with Eastland Port goes back a long way — 16 years in fact, when his business De Costa Enterprises used to cart bark out of Eastland Port. He has enjoyed watching the port grow while his own business has expanded and...

Rua to issue new shares to buy medicinal cannabis company for $10m

Tairāwhiti-based Rua Bioscience intends to buy a fellow medicinal cannabis company for $10m. NZX-listed Rua entered into an agreement to acquire 100 percent of Zalm Therapeutics Limited, a New Zealand-based medicinal cannabis company, which has...

Understanding the stories behind the numbers

Navigating your way through the early stages of business ownership can be no easy feat these days. Whether it is your first business venture or start-up journey, there are definitely certain “i’s” that should be dotted and “t’s” crossed...