Taranaki Media Logo
StoriesEventsContact
Light Mode

Business.

All content tagged with "Business"

Stories

50
View all stories
Taranaki Alliance Secures $3 Million Government Grant to Support Engineering Sector Pivot
Regional Grant

Taranaki Alliance Secures $3 Million Government Grant to Support Engineering Sector Pivot

A $3 million Regional Infrastructure Fund grant has been awarded to the Taranaki Alliance to help local engineering and manufacturing firms transition away from the oil and gas sector.

Taranaki Media1 month ago
Todd Energy Secures $23.5 Million Government Loan to Boost Taranaki Gas Production
Energy News

Todd Energy Secures $23.5 Million Government Loan to Boost Taranaki Gas Production

Todd Energy will receive a $23.5 million loan from the Government's Gas Security Fund to support two natural gas projects in North Taranaki.

Taranaki Media1 month ago
Shane Jones Points to Defence Contracts as Lifeline for Taranaki Engineering
Business News

Shane Jones Points to Defence Contracts as Lifeline for Taranaki Engineering

Resources Minister Shane Jones says lucrative military contracts could provide a vital lifeline for Taranaki's heavy engineering sector following the announced closure of the Methanex Motunui plant.

Taranaki Media2 months ago
Methanex to indefinitely idle Taranaki production facilities in early 2027
Economic Blow

Methanex to indefinitely idle Taranaki production facilities in early 2027

Methanex Corporation has announced it will indefinitely idle its New Zealand production facilities in early 2027, dealing a major blow to the Taranaki economy due to declining natural gas availability.

Taranaki Media2 months ago
Kelvin Wright appointed as new Chief Executive of New Plymouth District Council
Council Appointment

Kelvin Wright appointed as new Chief Executive of New Plymouth District Council

Venture Taranaki Chief Executive Kelvin Wright has been appointed as the new Chief Executive of the New Plymouth District Council, starting his role in October 2026.

Taranaki Media2 months ago
Port Taranaki reports $13.11m profit but warns of future trade drop
Business News

Port Taranaki reports $13.11m profit but warns of future trade drop

Port Taranaki has posted a $13.11 million net profit for the 2025-26 year but warns of a tough future with trade volumes forecast to halve due to shifts in the region's energy sector.

Taranaki Media2 months ago
Toi Foundation votes to sell TSB Bank to Heartland Group for $620 million
Bank Sale

Toi Foundation votes to sell TSB Bank to Heartland Group for $620 million

Toi Foundation trustees have voted to proceed with the $620 million sale of TSB Bank to Heartland Group, despite legal challenges and a rival bid from Kiwibank.

Taranaki Media2 months ago
Kiwibank makes late bid for TSB as High Court clears Heartland deal
Banking News

Kiwibank makes late bid for TSB as High Court clears Heartland deal

Kiwibank has made a last-minute bid to acquire TSB Bank, just as a High Court ruling cleared the way for trustees to vote on a $620 million takeover proposal by Heartland Bank.

Taranaki Media2 months ago
New World Stratford reverses ban on uniformed High School students
Retail Ban

New World Stratford reverses ban on uniformed High School students

Stratford New World has now reversed a ban on uniformed Stratford High School students from entering the store unless accompanied by a parent, caregiver, or teacher.

Taranaki Media2 months ago
High Court dismisses bid to halt TSB sale to Heartland Group
Court Ruling

High Court dismisses bid to halt TSB sale to Heartland Group

The High Court has dismissed an interim injunction seeking to halt the proposed $620 million sale of New Plymouth-based TSB Bank to Heartland Group Holdings.

Taranaki Media2 months ago
Kiwibank open to TSB merger as Heartland deal faces High Court challenge
TSB Bank

Kiwibank open to TSB merger as Heartland deal faces High Court challenge

Kiwibank's parent company has expressed interest in a potential merger with TSB Bank, just as a community group heads to the High Court to block the proposed Heartland Bank merger.

Taranaki Media2 months ago
New 10-year petroleum mining permit granted for Taranaki's Puka field
Energy News

New 10-year petroleum mining permit granted for Taranaki's Puka field

Regulator New Zealand Petroleum and Minerals has awarded a 10-year petroleum mining permit to Matahio NZ Onshore Limited for the Puka field in onshore Taranaki.

Taranaki Media2 months ago
Contact Energy and CDC Partner to Explore 250MW Data Centre in Stratford
Business News

Contact Energy and CDC Partner to Explore 250MW Data Centre in Stratford

Contact Energy and CDC Data Centres have announced a joint venture to explore building a massive 250-megawatt data centre in Stratford, potentially creating hundreds of jobs.

Taranaki Media2 months ago
Employment Leave Bill Passes Final Reading, Replacing Holidays Act 2003
National News

Employment Leave Bill Passes Final Reading, Replacing Holidays Act 2003

The newly passed Employment Leave Bill will allow New Zealand workers to accrue annual and sick leave from their very first day on the job, replacing the Holidays Act 2003.

Taranaki Media3 months ago
Methanex Restarts North Taranaki Plant Amid Ongoing Gas Supply Concerns
Energy News

Methanex Restarts North Taranaki Plant Amid Ongoing Gas Supply Concerns

Canadian methanol producer Methanex has restarted its North Taranaki plant at reduced capacity, but the impending closure of the Māui gas field still threatens a total shutdown.

Taranaki Media3 months ago
Government Grants First Offshore Petroleum Exploration Permit Since Ban Reversal
Energy Policy

Government Grants First Offshore Petroleum Exploration Permit Since Ban Reversal

Resources Minister Shane Jones has announced a 12-year offshore petroleum exploration permit for EnZed Energy in the Taranaki Basin, marking the first since the exploration ban was lifted.

Taranaki Media3 months ago
Hāwera Racecourse Earmarked for Closure Under National Racing Masterplan
Racing Closure

Hāwera Racecourse Earmarked for Closure Under National Racing Masterplan

The Hāwera racecourse is among seven racetracks proposed for closure across New Zealand under a joint masterplan released by industry leaders to consolidate and better fund the sector.

Taranaki Media3 months ago
Legal Letter Forces Restart of TSB and Heartland Bank Merger Consultation
Legal Update

Legal Letter Forces Restart of TSB and Heartland Bank Merger Consultation

A legal letter from Foy & Halse to Toi Foundation has forced a restart of the 28-day community consultation period for the proposed TSB and Heartland Bank merger.

Taranaki Media3 months ago
Fitzroy Bakery Piccolo Morso Doubles Pie Sales After Viral 10/10 Review
Local Business

Fitzroy Bakery Piccolo Morso Doubles Pie Sales After Viral 10/10 Review

Taranaki bakeries are experiencing a surge in customers after popular food influencer Kosmos rated several local pie shops during his nationwide tour.

Taranaki Media3 months ago
Toi Foundation extends TSB Bank sale consultation deadline after calculation error
Consultation Extended

Toi Foundation extends TSB Bank sale consultation deadline after calculation error

The Toi Foundation has reopened public consultation on the proposed $620 million sale of TSB Bank to Heartland Bank, extending the deadline to August 12th after admitting a calculation error.

Taranaki Media3 months ago
Sunda Energy applies for offshore petroleum exploration permit in North Taranaki
Energy Sector

Sunda Energy applies for offshore petroleum exploration permit in North Taranaki

UK-based Sunda Energy has applied for a petroleum exploration permit off the North Taranaki coast, marking the sixth application since the offshore exploration ban was lifted.

Taranaki Media3 months ago
Toi Foundation Reopens TSB and Heartland Bank Merger Consultation After Error
Public Notice

Toi Foundation Reopens TSB and Heartland Bank Merger Consultation After Error

The Toi Foundation is reopening the public consultation period for the proposed TSB and Heartland Bank merger after an error cut the initial feedback window short.

Taranaki Media3 months ago
Australian Firm Applies for Massive Petroleum Prospecting Permit Off Taranaki Coast
Energy Sector

Australian Firm Applies for Massive Petroleum Prospecting Permit Off Taranaki Coast

An Australian energy firm has applied for a petroleum prospecting permit covering nearly 10,000 square kilometres of deepwater ocean off the Taranaki coast.

Taranaki Media3 months ago
TSB Wins Canstar 2026 Everyday Banking Award
Award Winner

TSB Wins Canstar 2026 Everyday Banking Award

TSB has been awarded the 2026 Everyday Banking Award by Canstar on the strength of its well-rounded product range and high customer satisfaction.

Taranaki Media4 months ago
Eltham-made Kāpiti Kikorangi named Supreme Champion at global cheese awards
Global Win

Eltham-made Kāpiti Kikorangi named Supreme Champion at global cheese awards

South Taranaki's Kāpiti Kikorangi Triple Cream Blue has won the Supreme Champion title at the 2026 International Cheese & Dairy Awards in the United Kingdom.

Taranaki Media4 months ago
The Kiwi Butcher Shop Secures Five Medals at NZ Bacon and Ham Awards
Award Success

The Kiwi Butcher Shop Secures Five Medals at NZ Bacon and Ham Awards

New Plymouth's The Kiwi Butcher Shop has added five new medals to its record collection at the national NZ Bacon and Ham Awards.

Taranaki Media4 months ago
TSB Bank Merger Consultation Closes as Competitors Invest in Digital Overhauls
Banking Merger

TSB Bank Merger Consultation Closes as Competitors Invest in Digital Overhauls

As the public submission period for the proposed TSB and Heartland Bank merger closes, rival banks SBS and The Co-operative Bank are investing heavily in cloud-native digital overhauls.

Taranaki Media4 months ago
New Plymouth's Tasman Medical Secures Major Health New Zealand Supply Contract
Business Success

New Plymouth's Tasman Medical Secures Major Health New Zealand Supply Contract

New Plymouth manufacturer Tasman Medical has secured a contract with Health New Zealand to supply clinical trolleys and equipment solutions across the Taranaki and Waitematā regions.

Taranaki Media4 months ago
Submissions Close Tuesday on Proposed $620 Million TSB and Heartland Bank Merger
Bank Merger

Submissions Close Tuesday on Proposed $620 Million TSB and Heartland Bank Merger

Taranaki residents have until 5pm on Tuesday 30 June to submit feedback on the proposed $620 million merger between TSB and Heartland Bank before trustees vote.

Taranaki Media4 months ago
TSB Bank Reports $63.3 Million Net Profit Before Tax
Financial Results

TSB Bank Reports $63.3 Million Net Profit Before Tax

TSB Bank has reported a net profit before tax of $63.3 million for the year ended 31 March 2026, representing a 10% increase on the previous year.

Taranaki Media4 months ago
Councillors Back Mayor Max to Advocate on Proposed TSB and Heartland Bank Merger
Bank Merger

Councillors Back Mayor Max to Advocate on Proposed TSB and Heartland Bank Merger

New Plymouth District Councillors have voted to support Mayor Max Brough in advocating to the Toi Foundation regarding the proposed $620 million TSB and Heartland Bank merger.

Taranaki Media4 months ago
TSB Bank Opens Modernised Central New Plymouth Branch on Courtenay Street
Business News

TSB Bank Opens Modernised Central New Plymouth Branch on Courtenay Street

TSB Bank has welcomed its first customers to a newly modernised central New Plymouth branch, consolidating its CBD operations into a single location on Courtenay Street.

Taranaki Media4 months ago
New Plymouth Mayor Calls Public Meeting Over Proposed TSB and Heartland Bank Merger
Public Meeting

New Plymouth Mayor Calls Public Meeting Over Proposed TSB and Heartland Bank Merger

Mayor Max Brough is hosting a public meeting this Thursday to gather community feedback on the proposed merger between TSB and Heartland Bank.

Taranaki Media4 months ago
Mayor Max Brough Demands Pause on Proposed $620m TSB and Heartland Bank Merger
Bank Merger

Mayor Max Brough Demands Pause on Proposed $620m TSB and Heartland Bank Merger

New Plymouth Mayor Max Brough has formally requested the Toi Foundation pause the conditional $620 million merger of TSB and Heartland Bank to allow for community consultation.

Taranaki Media4 months ago
Hempcrete Identified as Key Commercial Opportunity for Taranaki Hemp Industry
Regional Development

Hempcrete Identified as Key Commercial Opportunity for Taranaki Hemp Industry

A new development plan by Venture Taranaki highlights hempcrete construction as the most immediate commercial opportunity for the region's emerging hemp fibre sector.

Taranaki Media4 months ago
Techstars Startup Weekend Set to Return to South Taranaki This July
Innovation

Techstars Startup Weekend Set to Return to South Taranaki This July

The 11th regional Techstars Startup Weekend Taranaki will take place in Hāwera from 31 July to 2 August, offering local innovators a 54-hour business development event.

Taranaki Media4 months ago
Mayor Max Brough Confirms Ongoing Discussions with Kmart Over Potential New Plymouth Store
Retail Update

Mayor Max Brough Confirms Ongoing Discussions with Kmart Over Potential New Plymouth Store

Mayor Max Brough has revealed that Kmart is reviewing local retail data and remains interested in expanding to New Plymouth, though finding a suitable central location remains a challenge.

Taranaki Media4 months ago
Petition to Stop TSB Sale Reaches 2,000 Signatures as Public Meetings Announced
Community Action

Petition to Stop TSB Sale Reaches 2,000 Signatures as Public Meetings Announced

A petition launched by New Plymouth Councillor Gordon Brown opposing the sale of TSB has gained over 2,000 signatures, ahead of upcoming public consultation meetings in New Plymouth and Hawera.

Taranaki Media4 months ago
Government to Sign Contract for $1 Billion LNG Import Terminal at Port Taranaki
Energy News

Government to Sign Contract for $1 Billion LNG Import Terminal at Port Taranaki

Energy Minister Simeon Brown has confirmed that two shortlisted developers for a new $1 billion LNG import terminal at Port Taranaki are progressing to the final selection stage.

Taranaki Media4 months ago
Dion Tuuta appointed Secretary for Māori Development and chief executive of Te Puni Kōkiri
New Appointment

Dion Tuuta appointed Secretary for Māori Development and chief executive of Te Puni Kōkiri

Taranaki governance leader Dion Tuuta has been appointed as the country's new Secretary for Māori Development and chief executive of Te Puni Kōkiri.

Taranaki Media5 months ago
Public Consultation Opens on Proposed $620 Million TSB and Heartland Bank Merger
Bank Merger

Public Consultation Opens on Proposed $620 Million TSB and Heartland Bank Merger

Taranaki residents have four weeks to submit feedback on a proposed $620 million merger between TSB and Heartland Bank, with public consultation now open.

Taranaki Media5 months ago
Toi Foundation Proposes $620m Sale of TSB to Heartland Group
Bank Proposal

Toi Foundation Proposes $620m Sale of TSB to Heartland Group

The Toi Foundation has announced a proposal to sell TSB to Heartland Group for $620 million, launching a community consultation period for Taranaki residents.

Taranaki Media5 months ago
New Plymouth Club Celebrates Milestone of Reaching 13,000 Members
Club Milestone

New Plymouth Club Celebrates Milestone of Reaching 13,000 Members

The New Plymouth Club has officially crossed the 13,000 member milestone following its recent renovations and wider revitalisation efforts.

Taranaki Media5 months ago
Photos: The Mighty Midhirst reopens after major transformation
Business Reopening

Photos: The Mighty Midhirst reopens after major transformation

The Mighty Midhirst, formerly known as the Midhirst Tavern, has reopened following a major transformation that includes a new garden bar area.

Taranaki Media5 months ago
Photos: Metro Plaza facade demolition begins in New Plymouth CBD
CBD Development

Photos: Metro Plaza facade demolition begins in New Plymouth CBD

Demolition of the Metro Plaza façade has commenced as part of ongoing development in the New Plymouth central business district.

Taranaki Media5 months ago
Search Underway for New Operator of Pukeiti Gardens' Rainforest Eatery
Business Opportunity

Search Underway for New Operator of Pukeiti Gardens' Rainforest Eatery

Taranaki Regional Council is seeking expressions of interest for a new operator to run the Rainforest Eatery at Pukeiti Gardens after the previous leaseholder ended their lease.

Taranaki Media5 months ago
Iconic Midhirst Pub Set to Reopen as 'The Mighty Midhirst' Under New Ownership
Community Reopening

Iconic Midhirst Pub Set to Reopen as 'The Mighty Midhirst' Under New Ownership

The iconic Midhirst Pub is officially reopening on Monday 18th May as the Mighty Midhirst under new owners Jen, Des, and whānau after months of closure.

Taranaki Media5 months ago
Air New Zealand Cuts 15 New Plymouth Flights Over Rising Fuel Costs
Flight Reductions

Air New Zealand Cuts 15 New Plymouth Flights Over Rising Fuel Costs

Air New Zealand is reducing its schedule by cutting 15 return flights between New Plymouth, Auckland, and Wellington to manage high jet fuel costs.

Taranaki Media6 months ago
New Plymouth's Winter Festival of Lights Could Return in 2027, Mayor Signals
Festival Revival

New Plymouth's Winter Festival of Lights Could Return in 2027, Mayor Signals

New Plymouth Mayor Max Brough has indicated a potential return of the popular Winter Festival of Lights in 2027, provided it can be delivered within strict budget constraints.

Taranaki Media11 months ago
Photos: Native trees replace ageing alders in New Plymouth CBD
CBD Revitalisation

Photos: Native trees replace ageing alders in New Plymouth CBD

Ageing alder trees in the New Plymouth CBD have been replaced with native shade trees and street-level greenery.

Taranaki Media1 year ago