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Business Scoop provides news and views on Business and Markets from New Zealand

Annual ballet show looking for a new venue for 10 year showcase after Twizel's Events Centre abruptly closes.

The discovery of asbestos at the Twizel Events Centre has added to the woes of the Mackenzie District Council which has a mounting list of serious safety issues to resolve at the 20-year-old community facility.

Serious safety concerns for users of Twizel’s 20-year-old events centre could see the building, which has never met code of compliance, closed by January.

Homeless for three weeks: Two-and-a-half month settlement too short to find another home, seller says Newshub 16 hrs ago Priscilla Dickinson © Getty Images. Homeowner and mortgage broker Campbell Hastie sold his Auckland home in February - but May 13 wasnt long enough to find another one. © Provided by Newshub Homeless for three weeks after selling his Auckland home earlier this year, a mortgage broker says a two-and-a-half month settlement wasn’t long enough to find so...

Nido investors facing losses: lender strikes $46.3m conditional property sale 5 May, 2021 01:00 AM 4 minutes to read NIDO shows off NZs biggest furniture store, planned to open soon. Julian Bottaro of Nido was filmed in the unfinished project late last year. Video / NIDO NIDO shows off NZs biggest furniture store, planned to open soon. Julian Bottaro of Nido was filmed in the unfinished project late last year. Video / NIDO Investors in a planned large-scale retail homeware store face losses aft...

Dairy operator Wang Xiujing and the property owner Xu Yang. Photo: RNZ / Liu Chen Smoke, smells and greasy drips constantly bother her tenants, who run a city dairy. The owner has asked for help from everyone she can, including the council and building management, but nothing has changed. For the past two years, Wang Xiujing and her husband have been running a dairy shop on the ground floor of a high-rise building on Hobson Street in central Auckland. With two extractor outlets over the entran...

Ray White Their dreams were real, but the owners of this castle project in Waimakariri cannot finish it, so they have listed it for sale. Their castle dream ended after more than a decade of work, but now the owners of this half-completed home in North Canterbury can move ahead with their sale. An auction originally planned for January was put on hold awaiting the supply of an engineer’s report, says listing agent Barbara Redway of Ray White Morris & Co Real Estate. The “as is, where is�...

Robyn Edie/Stuff Invercargill Central Ltd director Scott O’Donnell, pictured here in the old Cambridge Arcade says strengthening earthquake prone buildings comes at a huge cost. The arcade was listed on the priority earthquake prone building register. It was demolished as part of the CBD redevelopment, but care was taken to keep historical facades. The cost of strengthening earthquake prone buildings poses a significant challenge to small-town New Zealand, Invercargill Central Ltd director Sc...

Robyn Edie/Stuff Invercargill Central Ltd director Scott O’Donnell, pictured here in the old Cambridge Arcade says strengthening earthquake prone buildings comes at a huge cost. The arcade was listed on the priority earthquake prone building register. It was demolished as part of the CBD redevelopment, but care was taken to keep historical facades. The cost of strengthening earthquake prone buildings poses a significant challenge to small-town New Zealand, Invercargill Central Ltd director Sc...