Bay of Plenty business news

E-motorbike maker Ubco owes $36m, potential purchaser emerges
The firm went into receivership in January, having raised tens of millions from investors.

‘Strong sense of confidence’: Kiwifruit industry eyes record harvest
The kiwifruit industry picked up last year and things are looking good for 2025.

What the PM knew about the new Commerce Minister’s link to the grocery sector
Luxon assures the conflict has been managed well.

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.

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.

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.
Business news around NZ

Media industry shake-up: Is Trade Me eyeing an audacious acquisition of Stuff?
In a back to the future move, could NZ's biggest classifieds website buy into Stuff?

Jim Grenon inquired about buying Stuff - Nine's non-response 'seemed odd to me'
The businessman aiming to be NZME chair confirms approach to buy Stuff in 2020.

Market close: Spark lifts off 13-year low as NZX 50 grinds up
NZ market follows lead of the US.

Torpedo7’s new owners reveal major shake-up for retailer
Some stores to be closed while others will be rebranded under new name.

The PM’s next jet? Dassault makes a pitch for its Falcon 8X
Jet and helicopter companies jockey for spotlight as huge airshow starts Downunder.

How much you could make investing in Lego, whisky, or handbags
Investing in whisky yields an average annual return of 17.52%.

Zespri delivers on tall sales order for Asia-Pacific market
Achievement included record deliveries to Japan.

Fake kiwifruit crackdown: Zespri imposters in China get jail time, fines
The sentences were over counterfeit Zespri labels.

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

Opinion: History shows average market forecasts often miss the mark
OPINION: The market has risen in 93 out of 125 years, with 47 years over 20%.

'Massive revitalisation’: The new builds changing the face of Tauranga
Tauranga's city centre is seeing a massive revitalisation for private and public projects.

Zespri receives $24.1m payout for mice-damaged kiwifruit shipment
Zespri CEO Jason Te Brake said the settlement was a positive outcome for the industry.