The extra sugar available from the aphids has extended their breeding season.
"When they run out of food they hammer the beehives," Mr Richards said.
The wasps also prey on other insects, including some introduced to control pest plants, Horizons Regional Council environmental co-ordinator Craig Davey said.
Bees also collect the aphids' sugars, but the honey they make from them is harder to work with and no use for feeding bees during winter.
"They can't use it. I have seen hives starve to death on it," Mr Richards said.
The aphids can also kill or weaken willow trees. Mr Davey said that was helpful, if the trees were pest grey willows, but bad if willows had been planted to stabilise stream banks or prevent erosion.
Beekeepers also value living willows, because they provide nectar and pollen in spring when food for bees is scarce.
There are other stories of wool being devalued by blackening when sheep rest under willows with the sooty mould. And orchardists fear the mould will get on to their fruit and make it less saleable.
Scion (formerly New Zealand's Forest Research Institute) is researching ways to control giant willow aphids. The most likely agent is a predatory wasp, Mr Davey said.