Cyclone Gabrielle: counting the costs, six months on

Cyclone Gabrielle: counting the costs, six months on
An aerial shot of Pan Pac's Whirinaki site taken on Feb 19. (Image: Supplied)
Riley Kennedy
Cyclone Gabrielle tore through the North Island in February. It devastated businesses, brought down critical infrastructure and claimed lives. More than six months on, BusinessDesk travelled to the region to see how the clean-up – worth billions of dollars – was getting on.Businesses were not bothered at first.The region sort of “semi-took on” weather warnings about the impending arrival of Cyclone Gabrielle in early February.In part, as Hawke’s Bay Chamber of Commerce chief executive Karla Lee explained, beca...

More Finance

Craigs' sweet spot for golden visa investors
Finance

Craigs' sweet spot for golden visa investors

Billionaires can go solo. For other wealthy investors, there's Craigs' new fund.

Net assets down, losses widen in Macquarie Group NZ's FY
Finance

Net assets down, losses widen in Macquarie Group NZ's FY

Financial group books wider full-year loss as net assets slip.

Staff reporters 12 Sep 2025
Rates capping could hit council credit ratings
Finance

Rates capping could hit council credit ratings

Treasury warns rates are ‘significantly below’ sustainable levels.

Oliver Lewis 11 Sep 2025
Majority of CFOs want Govt policy shift, but don't expect it
Finance

Majority of CFOs want Govt policy shift, but don't expect it

The Mood of the CFO survey shows a “two speed” economy with wildly divergent results.

Dileepa Fonseka 10 Sep 2025