Business news

Opinion: NZ's path to prosperity needs bold economic reforms
Labour productivity has plummeted since 2021, worsening the economic crisis.

Mysterious collapse of water bottling company owing creditors $2.6m
The firm, established at Awatoto in 2018, closed last July and is in liquidation.

'US market is a disaster': Why one Hawke's Bay exporter doesn't fear Trump's tariffs
'His strategy is to talk like an unhinged madman and then do a deal while you cower.'

Family forced to tear out cherry orchard after cyclone and rain
The Findlays have been selling their cherries from a shed near Napier for 16 years.

Canny view: What’s the future of New Zealand’s economic landscape?
Opinion: Super and healthcare costs are projected to skyrocket. How can NZ cope?

Watch: Rocket Lab’s spectacular abort after engines fire
Launch from Mahia scrubbed at last moment.

'Absolutely thrilled': The Star is reborn - 103-year-old newspaper resurrected after closure
The presses are rolling again.

Colossal new Kmart for Auckland: Biggest NZ store planned
Vast new discounter to be built on greenfields site opposite Westgate Lifestyle Centre.

Power price spike a threat to provincial economy, energy users' group says
Multiple mills have had to go offline in the last week due to high power prices.

NZ's only organic chicken farm sold to Inghams
Ben and George Bostock will remain involved in the business.

Flaxmere lost New World, Havelock North gets new replacement store
Opening date announced for replacement supermarket in affluent, growing area.
Business news around NZ

Billionaire investor wants clean-out of NZ Herald owner’s board; Second businessman backs him
The executive chair of another NZME shareholder says he supports the move for a new board.

Market close: NZ stocks make small gain
The local index was green for the first day this week.

Air NZ chief executive Greg Foran resigns
Foran has said the time is right for him to step down.
More Hawke's Bay business news

Flaxmere lost New World, Havelock North gets new replacement store
Opening date announced for replacement supermarket in affluent, growing area.

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

$150m+ investment: Where are eight new Foodstuffs North Island replacement supermarkets going?
Economic downturn didn't dent our food market: biggest owner expanding, replacing stores.

Government’s $1.2b fund for the regions, who can tap it and what it’ll buy
The new regional infrastructure fund opens to applicants; who can apply, what it'll buy.

Behind Rocket Lab’s 50th Launch: Realising Sir Peter Beck’s dream
"As a kid in Invercargill, I wanted to work for Nasa." Instead, he built his own rocket.

Rocket Lab signs deal to get Japanese satellites into space
Data collected from Rocket Lab-launched satellites could enhance defence and security.