Hawke’s Bay energy summit to tackle rising power costs and supply risks

Hawke’s Bay business leaders are calling for a regional conversation about energy affordability and reliability following recent closures and disruptions impacting the region’s food sector. The Hawke’s Bay Chamber of Commerce will host a summit to explore potential solutions and develop a regional energy strategy. Rising Costs and Supply Concerns Members of the Chamber of … Read more

NZ Manufacturing Costs: Wattie’s Warns of 300% Rise

New Zealand Food Security at Risk as Heinz Wattie’s Closures Trigger Industry Concerns A wave of closures impacting New Zealand’s food processing sector, most notably the recent announcement by Heinz Wattie’s to shutter four local sites, is raising serious questions about the future of domestic food production and security. The move, impacting approximately 300 jobs, … Read more

Air New Zealand Loss: $40M & Cost Reset Plan

Air New Zealand Navigates Turbulent Skies: $40M Loss Prompts Strategic Reset Air New Zealand is facing significant financial headwinds, reporting a combined loss exceeding $99 million across the first half of its fiscal year. The airline attributes these losses to a complex interplay of factors, including soaring operational costs, persistent fleet disruptions, and a slower-than-anticipated … Read more