Business news
Whakaari White Island tour company owes $8.5m, liquidators say
Just $53,000 in assets as liquidators work to sell what they can.
'Remarkable': Ian calls time after 47 years at Rotorua company
"If you’re loyal to them, they will be loyal to you."
This popular town's newspaper was closing. And then the editor stepped up
A newspaper has been saved, paving the way for several similar deals for other towns.
National, local companies are creditors of Rotorua housing project
The financier wants $28.2m; unsecured creditors are listed as being owed another $167,000.
Florida funder loaned $28.2m to Rotorua housing project
Liquidator expects no loss to customers.
Receivers, liquidator in charge of Rotorua's Mountview Green final stages
Receiver says 22 homes completed, not settled; 20 more in various stages of construction.
McClay: Blame me if no India trade deal this term – not Luxon
Luxon made the promise of an agreement last year.
Mark Lister: Santa rally in 2024? US stocks soar as optimism builds
OPINION: US shares rise 27% in 2024; Santa rally expected amid strong earnings.
Shelling out: How taxpayer spent $52m buying into a loss-making mussel farm
Shane Jones defends Crown investments into struggling Ōpōtiki aquaculture firm.
'It hurts a lot': Locals react to potential closure of iconic pie business
"It's part of our life here."
Students 'in tears': Proposal to axe 'invaluable' apprenticeship
The Waipā campus in Rotorua is 'the only facility of its kind in the Southern Hemisphere'.
Business news around NZ
Tauranga-based e-motorcycle maker Ubco tipped into receivership, ex-boss fires shots
All staff terminated as bad year for tech continues.
US Supreme Court upholds TikTok ban-or-sale law set to start Sunday
US ban will go ahead if Chinese owner fails to sell the app. Elon Musk could be a buyer.
Suzanne Paul on escaping poverty: ‘I made up my mind...I’m not having this life’
TV star and infomercial icon on why she is happy to let money motivate her
More Rotorua business news
'A lot of angry people': Workers at NZ's largest paper mill told of plans to halt production
Many workers chose to walk out of a meeting at Kinleith Mill this morning.
Kinleith Mill job losses feared with ‘change proposal’
Meeting scheduled for this morning as changes proposed at Tokoroa site.
Revealed: The NZ town with the most business break-ins
The data show Rotorua has the highest proportion of burglaries in New Zealand.
Opinion: Trump v Fed - a showdown ahead as interest rate cuts continue
OPINION: US inflation stabilises, but Trump's policies may complicate Fed's strategy.
'Urgent' issue for business travellers revealed in Rotorua survey
Rotorua Airport and Air NZ say they are working to address challenges.
‘Tough news’: NZME proposes to close 14 local newspapers, with the loss of 30 jobs
Herald owner says community titles are no longer profitable in changing media landscape.
Luxury boutique properties under new management
The signings bring its management portfolio to 20 properties.
Can wool make hot tubs sustainable?
Outdoor Gravity says the usual materials used to make spa pools are unsustainable.
Opinion: Why 10-year horizons make shares more predictable
Shares are more predictable long-term; 97% of 10yr returns are positive writes Mark Lister
'You just don’t get people applying:' The $40-an-hour job that no one wants
Vans, uniforms and perks on offer, but still no takers.
Ōkere Falls geothermal power station granted resource consent
The power station will use geothermal fluid to generate electricity.
Mark Lister: Are you prepared for a Trump victory?
OPINION: If Trump wins another term, there are several takeaways for investors.
'Invaluable': Six-week Māori business programme launches in Rotorua
Sixteen aspiring entrepreneurs have been welcomed into the inaugural cohort.
DoorDash app launches in Taupō, Cambridge and Te Awamutu
DoorDash launches in Taupō, Timaru, Cambridge and Te Awamutu, among other stores.
Taupō looking to tap into $400m business events market
Business event delegates spend more than $400 a day on average.
Mark Lister: Comparing shares and property
OPINION: Experts suggest owning both asset types for balanced wealth creation.
Mark Lister: Analysts predict brighter future for shares amid easing rates
OPINION: For these past four years New Zealand has been an underperformer.
New hot pool complex being built at Taupō's Huka Prawn Park
The new facilites are for families and will complement the adults-only Wairakei Terraces.