Business & Markets

New figures reveal Budget deficit growing

Budget deficit $12.9 billion vs budget forecast $11.1b Tax take $119.9 b vs forecast $118.3b Total revenue $167.3b vs forecast $165.0b Total expenses... Read More

Reserve Bank cuts Official Cash Rate to 4.75%

The Reserve Bank has cut its benchmark cash rate by 50 basis points. The central bank cut the official cash rate (OCR) to 4.75 percent, as expected, to its... Read More

Tokoroa Turkish kebab shop ripped off staff

A Tokoroa kebab and pizza shop owner grossly underpaid migrant workers doing 66-hour weeks then made them pay back part of their salaries claiming he could no... Read More

Katikati Sport and Recreation Centre build update

The Katikati Sport and Recreation Centre group has announced the first stage of the new community building will soon be submitted for building consent. Six... Read More

NZ economy remains chilly - economists

Most of the country has been in the grip of an economic cold snap, but warmer conditions may be coming, according to a Westpac bank report. The roundup rates... Read More

Planning to downsize your home? Not so fast

Many New Zealanders plan to downsize from big family homes when they reach retirement - but it sometimes proves harder than expected. It's an issue that... Read More

Working from home impacting Tauranga businesses

The Government's push to get more workers back into their offices will help struggling city centre businesses, a hospitality business owner says. But... Read More

What's on: art, turbans, rally cars and horses

Good morning and welcome to Saturday. Ko te ra tenei i hanga e te Ariki. Ka koa tatou, ka koa hoki ki reira. Showers are expected to develop late this morning,... Read More

Port of Tauranga faces red tape delays

With Port of Tauranga having to turn away shipping line offers of extra services for exporters and importers this year because of red tape, it's no surprise... Read More

Big prize money on offer at Tauranga Racecourse

Racing Tauranga is gearing up for an exciting summer season, with more than $1.3 million in prize money set to be distributed to horse racing connections over... Read More

Rate cuts haven’t pumped up house prices yet

According to CoreLogic's hedonic Home Value Index, Tauranga's house prices decreased by 0.3 per cent in September despite falling interest rates. The latest home... Read More

South Korea market open to NZ blueberry growers

New Zealand blueberry growers have the green light to enter the South Korean market for the first time. Minister for Trade and Agriculture Todd McClay has... Read More