Whanganui business news
House prices down in most regions in year to March
Prices either static or falling throughout NZ, only six areas had price rises lately.
‘Intimidated, threatened’: Rogue arborists cause alarm
Police advise residents being targeted to 'close the door and not engage with the person'.
Grand designs: Historic hotel under new management
'I don't believe in doing something quickly and messing it up.'
$135m distributed last year by iwi to members
Distributions paid have increased by around 35% in the last five years: Phil Barry, TDB.
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
Bremworth proposes laying off 47 staff amidst major restructure
“It was very quiet ... a lot of people were crying."
Why property investors are turning to short-term rentals for gains
Auckland's average daily rate for Airbnb is just over $290, the highest in NZ.
‘Totally different’: Avenue Hotel restaurant rebuild begins
Work will be completed by the end of the year.
Skifield buyer Whakapapa Holdings potential operator for Chateau Tongariro
Whakapapa Holdings is interested in operating the currently decaying heritage building.
Three top new residences which won 2024 architecture awards
Outstanding designs displayed in Whanganui, Ōtautahi and Wānaka residential buildings.
Century-old Waverley business for sale
The SH3 store stayed within the same family for 100 years.
‘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.
Whanganui friends and business owners create unique Rēwena Gin
'It’s more than a drink when there’s the connection of whānau.'
Hopes property developer will snap up shopping centre
'It’s the first time it has come to the market for about 55 years.'
Improved export capability focus of business survey
New opportunities ahead for Whanganui business success.
Stalled international pilot training costing New Zealand $50m a year
An industry group blames the exit of a big operator and slow visa processing.
The Country Fast Five: 'AI will empower the average farmer'
The Country has five questions to get to know rural New Zealand a little better.
Whakapapa Holdings close to deal for ski area assets
'We have confidence as a business that the Whakapapa ski area is viable commercially.'
Fonterra farmers will zero in on milk price in FY24 results this week
Plans for the sale of the consumer business are also in the market spotlight.
'Decommissioning' on the table for the Chateau Tongariro
Gov't abandons search for new operator of Chateau Tongariro, decommissioning considered.
'Absolutely thrilled': The Star is reborn - 103-year-old newspaper resurrected after closure
The presses are rolling again.
NZ’s biggest house-builder G.J. Gardner planning 30% franchise growth
'If you’re in a really tough game, go on the attack.'
'Massive blow': Hundreds of jobs lost as Winstone shuts mills
One of the central North Island's biggest employers has made the call to shut two mills.
Business news around NZ
Ngāti Kahungunu buys Carterton retail properties from local family
The iwi's purchase follows a $115 million Treaty settlement in 2021.
Why demand for cottage cheese 'is going nuts'
Fonterra has noticed the high-protein, low-calorie dairy food's popularity is on the up.
Woolworths Te Atatū closing today, half the 55 staff to relocate
Staff will give treats to customers and have a catered dinner to mark the closure.
'Energy security': Genesis keen to keep Huntly unit running
Genesis says talks are continuing about keeping Huntly's Rankines going for longer.
'Good to see' – consumer confidence on the up
Consumer confidence has lifted but so too have inflation expectations.
'Very grateful': Satellite service helps in highway accident rescue
One NZ's Satellite TXT uses Starlink to cover 40% of NZ without cellular networks.
More local business news
Construction sector suspected suicides: 80 died last year, highest on record
Data from Coronial Services dating back to 2007 shows record 2023 suicide numbers.
Will forestry rob hundreds of Kiwis of jobs? Meat processing sector confronts big livestock dip
One million fewer lambs next spring raises economic red flag in meat-processing industry.
Mercury, Winstone Pulp in war of words over power price claims
Mercury has contested forest products company Winstone's claims about high power prices.
High energy prices threaten 230 jobs at Winstone Pulp International
If the plan goes ahead 230 people would lose their jobs.
Burgermania hits Whanganui
'We all offer different experiences and versions of the same thing.'
'Just keep going' as customers tighten purses
'They might just have a coffee or something light, or they’ll share a plate.'