Business news

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.

House prices down in most regions in year to March
Prices either static or falling throughout NZ, only six areas had price rises lately.

Opinion: Markets face uncertain year after volatile first quarter
OPINION: The S&P 500 fell 4.6% in March, its biggest drop since 2022.

Northland set to lose $70m tomato project to Waikato
Glasshouse will relocate to Waikato for a new CO2 supply after Marsden Point closure.

Silver Fern Farms records $21.8m loss
The company said it bore the brunt of the costs to retain high farmgate returns.
Business news around NZ

'Fuel for the engine': Kiwibank CEO on $500m capital injection
And where will the funding come from?

Stock Takes: NZ shares are down, but not out
New Zealand's sharemarket is in correction mode, but is faring better than others.

Matthew Hooton: Why we should introduce universal military service
OPINION: Call for universal military service amid rising defence costs.
More Rotorua business news

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.

The thrill of a luge ride: Skyline expanding in six countries
From its first gondola in Queenstown in 1967, Skyline is now a global luge business.

Opinion: ‘Bull market’ in Europe as US hits speed bumps
Tariffs loom large as a threat to the wider European economy.

'Every day is a privilege': Mark Leslie on leading NZ's largest farm
"Agriculture is far from being a sunset industry".

Opinion: The truth behind the ‘best 10 days’ myth in investing
Avoiding the worst 10 days would grow $10,000 to nearly $550,000.

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.

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.

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.

The final reunion: Former NZ Forest Products workers set to gather
Forest workers to descend on Tokoroa from far and wide.

Opinion: What employment law reform could mean for NZ workers
A $180,000 income threshold will affect unjustified dismissal rights.

Holiday house hike: Group to assess impact of targeted rate
A working group to be set up to recommend improvements.

Fast-food proposal decision slowed down as council requests more info
The hearings on the Tīrau Starbucks and Burger King proposal are yet to be scheduled.

Opinion: How fixed income can ease the pressure on conservative savers
Term deposit rates have fallen from over 6% to mid-fours recently.

A world of worry: The clouds over NZ’s tourism recovery
Plus: How many bookings Flight Centre makes for Kiwi and overseas travellers a year.