New geothermal generator to produce enough electricity to power Tauranga city
A geothermal plant outside of Taupō will soon power up its fifth electricity generator.
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Author Archives: RNZ Business Headlines
What a soaring gold price means for your jewellery collection
Any gold you’ve got stashed in your jewellery box could well be worth more than you think, auction houses say.
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NZ ‘appealing’ as global private equity firms eye new pastures
The firms are rebalancing their portfolios in light of geopolitical changes, which could bring more investment to New Zealand.
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Dairy prices slump in latest auction, including falls for butter
Prices have slumped in the latest global dairy auction overnight as supply outpaced demand.
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Gas used by Methanex needs to be redistributed, says building industry
About 45 percent of New Zealand’s gas is consumed by one company – the building industry argues it should be reallocated.
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Marbecks Record Shop moves online after 90 years in business
“Marbeck has been an Auckland icon, and it’s another one we’re losing.
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Fossil fuel transition: Biorefineries to turn wood into biochemicals on the cards
Investors are hoping New Zealand’s radiata pine trees can be turned into biochemicals in the hunt for alternatives to plastic.
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Smiths City in voluntary administration
Smiths City is a retail chain which sells furniture and home appliances.
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What sort of houses will foreigners be able to buy?
Houses in Devonport, Matakana, Remuera and Rodney, an apartment in Tauranga and large plots of land are among the properties that foreign buyers might be able to buy under new rules.
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IKEA set to reveal opening date of first NZ store
The company has been cagey about the big reveal, until now.
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