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Bay of Plenty business news
Why a Canadian gold mining company wants to invest $1b in Waihī
Is its investment dependent on fast-track approval?
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
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.
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.
Unions concerns over new immigration policies for RSE workers
There are close to 9000 workers in NZ under the Recognised Seasonal Employer scheme.
Port of Tauranga hopes for breakthrough on logjam, posts 27% net profit lift
The port has run out of capacity - but legal action has blocked growth again.
Comvita optimistic about 2026 despite cutting 67 jobs
The honey producer spoke of a “radically simplified organisation”.
Yamaha buys Tauranga’s Robotics Plus, unveils big plans
Another tech firm sold offshore, but new owners says it'll add to its 130 staff.
Northport scheme: Marsden agrees to new deal with consortium for acquisition of shares
A new 'energy precinct' is proposed and a port shake-up is under way.
Haka for sale: Inside the ‘problematic’ global trend of Māori dance workshops for corporate clients
Companies selling haka classes are used by global brands – and are alarming experts.
Mark Lister: Navigating Trump's second term requires market patience
OPINION: Trump may prove more measured and adaptable than some believe.
Business news around NZ
Stocks mark worst month in years as Donald Trump’s tariffs loom
NYT: The S&P 500 registered a 5.8% decline in March, its worst month since December 2022.
Push for higher farm plastic recycling targets
Farmers use more than 10,000 tonnes of plastic bale wrap annually.
Elon Musk’s SpaceX pleads with Trump for tariff exemptions
Securing a waiver would reduce the targeted tariff from 25% to 0%.
Personal FinanceUpdated
Billions sitting idle: Should banks be more proactive to help us earn interest?
A closer look at which banks prompt customers to get more bang for this buck.
Property Insider: Spooked by agency closures; developer retrenching; residents begin Amaia shift
People are alarmed by the JLL closures, asking what that says about the successful agency.
Signs of optimism as number of Kiwis behind on payments falls
Mortgage arrears also appeared to stabilise over the month.
Retail shake-up: Appliance delivery and removal brand moves into NZ
The company believes the NZ appliance retail market is ripe for upheaval.
Opinion: Green shoots emerge as business confidence rebounds
The Fonterra payout this season is the highest in history.
$60m BoP bridge and interchange to boost economy
Industrial development Rangiuru Business Park near Te Puke has reached a major milestone.
Guidelines set for part-sale of regional council’s port shares
Council's sale of Port of Tauranga shares to create an 'endowment fund' for the community.
Opinion: What employment law reform could mean for NZ workers
A $180,000 income threshold will affect unjustified dismissal rights.
Tauranga’s best businesses revealed
The city's top businesses recognised at gala ceremony.