Business news

Rural worries grow over copper network deregulation
Remote residents say the possible phase-out of copper networks could be dangerous.

Opinion: How the world's wealthiest invest beyond traditional markets
UBS surveyed 317 family office clients for its 2025 Global Family Office Report.

Liam Dann: Upbeat Treasury forecasts GDP growth, rising house prices
Opinion: Treasury's Budget forecasts paint an optimistic picture – but are they too rosy?

Why the Government's $200m gas move marks a major shift in energy policy
Meanwhile, Greenpeace has described it as a 'Scorched Earth Budget'.

'Rapid rate': US demand grows for Kiwi beverage product
Wai Mānuka launched in Citarella Gourmet Market's seven New York locations.
Business news around NZ

Market close: NZ sharemarket falls as Israel-Iran tensions spike oil prices
New Zealand share prices tumbled after Israel attacked Iran.

'Pretty positive': Fieldays vendors thrive as farmers invest
Farmers flocked to Fieldays, boosted by high milk and red meat prices.

Israel-Iran attack: AA says petrol price panic pointless
'Rocket and feather’ effect one to watch, motorist adviser says.
More Rotorua business news

Glimmer of hope for Chateau Tongariro restoration as former lessee accounts for $5m provision
A door may be opening at the Chateau: Hope for repair funds and operator interest.

On The Up: Glowworms, luxury and manaakitanga - Rotorua's ambitions for a brighter future
City moving out of the twin shadows of Covid and emergency housing debate.

'Strong future': Accor reveals vision for iconic Taupō resort
The company is taking over management of Wairakei Resort from its Malaysia-based owners.

SH2 bridge replacement scrapped despite road damaging new tyres
The Pekatahi Bridge's surface chews up brand new tyres, causing frustration.

On The Up: Skyline hits 100m luge rides milestone - the secret to the Kiwi invention's lasting appeal
The son of Skyline's founder says the Luge is 'more than just an exhilarating ride'.

On the Up: Multimillion-dollar glow worm expansion set for Rotorua's Redwoods
The cave will house over 5000 native glow worms in a unique eco-dome.

Concern 'patients will suffer' as practices with 46,000 enrolled switch funder
The centres say changing their primary health organisation will help avoid fee increases.

'Past the first hurdle' - Fletcher Living on progress at $500m The Hill
Fletcher bought site in 2021, earthworks now advanced, first four homes nearly finished.

Opinion: Why a US recession could be on the horizon
Opinion: A major bank suggests there's a 60% chance of a US recession soon.

Tourism industry leaders push to get more Chinese visitors to NZ
That market has still only returned to around 60% of pre-Covid levels.

'Largest portfolio' – $600m+ deal for seven NZ hotels to be sold
Hotels in Auckland, Rotorua, Wellington, Christchurch and Queenstown are to be sold.

'Momentum is real': TRENZ puts Rotorua in global spotlight
About 1200 delegates, including 340 travel buyers from 26 countries, will attend.

North Island tourism alliance formed to boost international visits
Fifteen North Island tourism groups have formed an alliance to attract key markets.

Opinion: How Trump's trade moves may upend Powell's achievements
Business uncertainty from US tariffs may lead to a recession.

'Transformative moment': Dame Lisa Carrington backs women's basketball
Her involvement highlights increasing momentum for women's sports in NZ.

Shelling out: Audit questions hold up assessment of troubled mussel farm
Cabinet agreed to invest $16.5m more into mussel business despite ongoing losses.

Opinion: The investor's guide to surviving a sell-off
Investors are advised not to panic amidst the market volatility.

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.