NZ Herald – Business

NZ Herald – Business

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Hawke’s Bay Baker Says Wholesalers Should Be ‘Stepping up’ as Butter Prices Spike Again
NewsMay 11, 2026

Hawke’s Bay Baker Says Wholesalers Should Be ‘Stepping up’ as Butter Prices Spike Again

Butter prices in New Zealand have jumped again, with a 500 g Woolworths block climbing from NZ$7.30 (≈$4.4 USD) to NZ$8.39 (≈$5.0 USD). Local baker Courtney Booth reports her weekly butter spend of about NZ$800 (≈$480 USD) and notes wholesalers charge roughly NZ$9 ($5.4 USD) per...

By NZ Herald – Business
Using Hawke’s Bay’s Rivers to Unlock the Mysteries of Marine Carbon Storage
NewsMay 10, 2026

Using Hawke’s Bay’s Rivers to Unlock the Mysteries of Marine Carbon Storage

Marine biogeochemist Cliff Law of ESNZ is leading a multi‑phase study in Hawke’s Bay to quantify how natural river‑borne alkalinity, phytoplankton blooms, and wood debris sequester carbon in the ocean. The project will use a moored buoy, autonomous surface craft,...

By NZ Herald – Business
On The Up: Chance Encounter at Hawke’s Bay Marathon Inspires Woman’s First Race in 35 Years
NewsMay 10, 2026

On The Up: Chance Encounter at Hawke’s Bay Marathon Inspires Woman’s First Race in 35 Years

Kathryn Marsh, 61, was moved by a struggling 20‑year‑old runner at the 2025 Hawke’s Bay Marathon and decided to train for her own marathon after a 35‑year hiatus. She completed an 8.5 km walk, recovered from a hamstring tear with a...

By NZ Herald – Business
‘Like a Treasure Map’: New Tool Points CHB Farmers to More Profitable Crops
NewsMay 9, 2026

‘Like a Treasure Map’: New Tool Points CHB Farmers to More Profitable Crops

Central Hawke’s Bay District Council has launched an interactive Crop Suitability Map that lets farmers test the viability of 16 high‑value crops on their land. The tool blends long‑term climate forecasts, soil characteristics, yield potential and economic data, assuming reliable...

By NZ Herald – Business
Scotland’s ‘Sure Thing’ an Investment Lesson - Nick Stewart
NewsMay 8, 2026

Scotland’s ‘Sure Thing’ an Investment Lesson - Nick Stewart

In 1698 Scotland poured roughly £400,000—about NZ$28 billion (≈US$16.8 billion) or £12 billion (≈US$15 billion)—into the Darien colony, a venture that collapsed with 2,000 deaths and total loss of capital. The failure forced the Scottish Parliament to accept the 1707 Acts of Union, receiving...

By NZ Herald – Business
Te Rahui: NZ’s Largest Approved Solar Farm Underway Between Taupō and Napier
NewsMay 6, 2026

Te Rahui: NZ’s Largest Approved Solar Farm Underway Between Taupō and Napier

Construction has begun on Te Rahui, New Zealand’s largest approved solar farm, spanning roughly 800 ha between Taupō and Napier. The joint venture by Nova Energy (Todd Corp) and Meridian Energy will install more than 700,000 panels delivering about 400 MW, enough to power...

By NZ Herald – Business
Napier Wants to Get Rid of ‘Rural Residential’ Rates, Leaving Lifestyle Block Owner Facing Big Rates Increases
NewsMay 3, 2026

Napier Wants to Get Rid of ‘Rural Residential’ Rates, Leaving Lifestyle Block Owner Facing Big Rates Increases

Napier City Council is proposing to eliminate the "rural residential" rate category, reclassifying 1,583 lifestyle block properties as standard residential. The change would raise owners like Robert Best’s rates by about 16% this year, nearly double the council’s projected average...

By NZ Herald – Business
Hawke’s Bay’s New $25 Million Hospice Granted Consent in Hastings
NewsMay 2, 2026

Hawke’s Bay’s New $25 Million Hospice Granted Consent in Hastings

Cranford Hospice in Hawke’s Bay secured resource consent to build a new $25.5 million facility (≈$15.3 million USD) on a 1.1‑hectare site at 238 Havelock Rd. To date, donors have contributed about $19.5 million (≈$11.7 million USD), covering most of the projected cost. Construction...

By NZ Herald – Business
Robotic-Assisted Surgery Introduced in Hawke’s Bay with Royston Hospital Urology Operations
NewsMay 2, 2026

Robotic-Assisted Surgery Introduced in Hawke’s Bay with Royston Hospital Urology Operations

Robotic‑assisted surgery arrived in Hawke’s Bay as Royston Hospital installed Medtronic’s Hugo system, marking the region’s first use of a surgical robot. The first two procedures, robot‑assisted prostatectomies, were completed in March 2024, allowing patients to stay local instead of...

By NZ Herald – Business
Rush Munro’s Is Turning 100 - Michael Fowler on How One of NZ’s Oldest Established Ice Creameries Started
NewsMay 1, 2026

Rush Munro’s Is Turning 100 - Michael Fowler on How One of NZ’s Oldest Established Ice Creameries Started

Rush Munro’s, one of New Zealand’s oldest ice‑cream makers, celebrates its 100th anniversary in May 2026. Founder Frederick Charles Rush‑Munro, an English immigrant who survived a severe hand injury and multiple personal tragedies, eventually settled in Hastings in 1926 with just $1,200. The...

By NZ Herald – Business
Still in a Cave: Why some Investors Refuse to Believe that More Effort Doesn’t Always Mean a Better Result -...
NewsMay 1, 2026

Still in a Cave: Why some Investors Refuse to Believe that More Effort Doesn’t Always Mean a Better Result -...

Nick Stewart argues that the active‑vs‑passive debate is settled by data: the latest Spiva New Zealand Scorecard shows the vast majority of active funds have trailed their benchmarks in 2025 and over longer horizons. He attributes investors' persistence with active managers...

By NZ Herald – Business
Dam Opponents Urge Hawke’s Bay Regional Council to Halt Funding for Makaroro River Project
NewsApr 30, 2026

Dam Opponents Urge Hawke’s Bay Regional Council to Halt Funding for Makaroro River Project

Opponents of the Tukituki Water Security Project presented an 828‑person petition to Hawke’s Bay Regional Council, demanding a public commitment not to fund the proposed Makaroro River dam. The government recently approved a NZ$18 million loan (≈US$10.8 million) for the project, which...

By NZ Herald – Business
SH2 at Takapau Closed After Fatal Two-Vehicle Crash in Hawke’s Bay
NewsApr 29, 2026

SH2 at Takapau Closed After Fatal Two-Vehicle Crash in Hawke’s Bay

State Highway 2 near Takapau in Hawke’s Bay saw a two‑vehicle collision that killed one person and injured four, three seriously, prompting police to close the highway until after 9 pm. Detours were established via Maharakeke Rd and SH 50, and motorists were warned...

By NZ Herald – Business
Government Cracks Down on Sales of Nangs; Dairy and Vape Store Large-Canister Sales Now Deemed Illegal
NewsApr 29, 2026

Government Cracks Down on Sales of Nangs; Dairy and Vape Store Large-Canister Sales Now Deemed Illegal

The New Zealand government announced a crackdown on the sale of large‑canister nitrous‑oxide “nangs,” classifying any canister over 10 grams as a psycho‑active substance. Dairies and vape stores in Hawke’s Bay are now prohibited from selling up to 3.3‑litre canisters, which...

By NZ Herald – Business
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