Waves was a New Zealand folk rock band that recorded a top-selling self-titled album in 1975 before disbanding in 1977. Its lineup emerged from an acoustic trio, Rosewood, which originally included Geoff Chunn, who later joined Split Enz. Despite making only sporadic live appearances—one of which was a double billing shared with Split Enz—their singles gained major airplay on Auckland radio and the Waves album reached No.7 on the New Zealand album charts, later becoming a sought-after collector's item.
In 1976 the band recorded a second album that was rejected by their record company, which later erased the tapes. Dejected, the band split up in September 1977. A surviving rough mix of the second album was released in 2013 as Misfit, a bonus disc with the first official CD release of Waves.
A co-founder of the band, Graeme Gash, released a solo album, After the Carnival, in 1981.
Waves reformed in 2013 for a record store performance in Auckland and announced they were writing songs for a further album.