Whanganui business news

$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

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.

Businesses elevate work opportunities in Whanganui
A three-way collaboration is taking industry training to a new level.

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.

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.
Business news around NZ

'Attack lined up': Grenon says he offered compromise but believes NZME board has 'no interest'
NZME says it's still open to engagement, but concerns remain over editorial control.

What’s next for NZ stocks after a poor first quarter? Stock Takes
New Zealand shares suffered a poor first quarter, driven by sickly corporate earnings.

Why the US 20% tariff figure is ‘garbage economics’
So where did the mysterious number come from?

‘Bloodbath’: Wall St leads rout as world reels from Trump tariffs
Nasdaq down 6%. What’s Trump’s plan?

Party pooper: Is RNZ facing a funding cut?; Polkinghorne TV doco - guards to monitor theatre
NBR owner coming home for new venture; TVNZ redundancy costs; A bizarre newsprint tiff.

‘Fewer and bigger’: How rising costs will change NZ’s film industry
A 'Minecraft Movie' is the latest blockbuster filmed in New Zealand.
More local business news

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.'

Energy-inspired trip for minister
The Minister of Climate Change and Revenue was in Whanganui on Thursday.

Processor failure hits farms and transport operators
Bruce Stephenson of Stephenson Transport said the outcome was not surprising.

Receivers issue latest update on Ruapehu Alpine Lifts
Buyer must strike a deal with the Crown to agree to continue to operate giant skifield.