Business news

KiwiSaver changes 'a burden' for small businesses and self-employed
Wonky Box's Angus Simms says KiwiSaver changes will affect cashflow.

'Huge opportunity': Hamilton Airport goes international
Flights to Australia start soon, but there could be other destinations in the future.

Kiwifruit and sustainable sportswear: A year of the NZ-EU trade deal
Kiwifruit growers earned an extra $18,000 annually due to the NZ-EU FTA.

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.
Business news around NZ

A Karaka homeowner says cladding on his new $1.27 million home makes “shotgun” sounds,
Karam Pack and wife Liquan Wang bought the house in 2023 but since then, they have been complaining about the noise. Video \ Jason Dorday

‘Shotgun’ cladding: Homeowner complains about new $1.27m home, builder says nothing wrong
Sound's a known behaviour of the product and not a sign of a defect, says Fletcher Living.

Bruce Cotterill: Standards in Parliament have hit rock bottom
Recent incidents highlight a decline in standards, both in Parliament and the media.
More Rotorua business news

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.

House prices down in most regions in year to March
Prices either static or falling throughout NZ, only six areas had price rises lately.

Taupō Ironman event generates $23m visitor spending for the region
Taupō District Council estimates the December event earned $50m for New Zealand.

Opinion: What Trump's tariff shock means for investors globally
The S&P 500 fell 10.5% over two days after Trump's tariff announcement.

Hospice boss Christine Rankin stunned at trusted manager's $62k theft from charity shops
Mark Wisniewski admitted to taking $62,600 from till cash over six years.

Wattle Park developer liquidated: Kiwibank owed $3.6m, Inland Revenue $1.09m
Project completed in January 2022 but developer blames Covid and the downturn for debts.

‘Fully back in the saddle’: How this city’s events sector is thriving
There's something in the air for Rotorua venues and suppliers – renewed confidence.