Business & Markets

Coromandel getaways ruined by floods & slips

The Coromandel is facing yet another long weekend of cancelled hospitality bookings. Last weekend, it had a subdued Auckland Anniversary weekend due to flooding... Read More

NZ likely to remain in recession into next year

The economy is probably already in recession and likely to remain so into next year amid rising interest rates and pressured household budgets, according to one... Read More

Council: Years to process all insurance claims

Insurers are bringing in extra staff from overseas and warning it will be years before all claims are settled for flood damaged homes, cars and contents. The... Read More

Hospitality industry counts the cost of floods

The hospitality industry is counting the cost of this weekend's weather incident which has caused significant issues for many hospitality businesses across the... Read More

Train derailment impacts Kawerau industry

No one is sure how long the railway track connecting Kawerau industry to the Port of Tauranga will be closed, but Kajavala Forestry managing director Jacob Kajavala... Read More

Small businesses get $4k subsidy for fog cannons

Small businesses are now able to apply for a $4000 subsidy while having a fog cannon installed. The subsidy is open to all eligible small retailers and dairies... Read More

Gumboots low in stock in flood-hit regions

Gumboots, wet vacuums and dehumidifiers are low in stock throughout flood-hit regions as people are forced to once again wade through water after a second deluge... Read More

Govt extends cost of living support

The Government is announcing an extension to cost of living support, including the fuel excise tax cut and half-price public transport for the fourth time. The... Read More

Food exports increase in 2022

Total exports saw a growth of $8.7 billion (14 percent) to $72.2 billion in the year ended December 2022 compared with 2021, Stats NZ said today. Annual imports... Read More

Grand Chateau Tongariro Hotel to close permanently

Iconic Ruapehu hotel the Grand Chateau Tongariro has confirmed it will be closing for good in a move Ruapehu Mayor Weston Kirton​ says has left him 'reeling”. The... Read More

Waimarino’s plea - “Give us a hand please”

Waimarino is a water and adventure park near Bethlehem - you'd think they'd be used to the vagaries that the weather can throw up. But nothing could have prepared... Read More

Affected by flooding? Know your rights

Consumer NZ has produced concrete advice for people impacted by the recent and ongoing weather events. 'The effects of the devastating flooding will be varied... Read More