Business & Markets

ANZ winds up Bonus Bonds scheme

ANZ Investment Services says it will stop accepting new investment into the Bonus Bonds scheme as low interest rates continue to reduce the prize pool. 'We're... Read More

Laws not passing no help for commercial tenants

New government proposed rent laws have not been passed so there has been no help for commercial tenants since they were hit by the Covid pandemic, ExerciseNZ chief... Read More

Incomes fall for the first time since 1998

Covid-19 has contributed to median incomes falling for the first time since records began in 1998, says Stats NZ. Median weekly incomes were lower in the June... Read More

OfficeMax to close retail stores, go online-only

OfficeMax is shutting down all of its retail stores as it transitions to an online-only business. The office supply company sent an email to its customers on... Read More

Finance minister defends wage subsidy decision

The Finance Minister has defended not extending the wage subsidy for the extra days of Auckland's level 3 restrictions. The National Party has been calling... Read More

The struggle of survival for major events in WBOP

It has been a difficult time for most industries around the country. But for those working in the events industry, the lockdowns have left them with sunk costs... Read More

NZIER predicts three-year recovery for economy

The New Zealand Institute of Economic Research (NZIER) is predicting it will take three years for the economy to recover from the effects of the Covid-19 pandemic. In... Read More

Investor visa applications soar since outbreak

Wealthy Americans are leading a surge in foreign investors seeking a safe haven in New Zealand from their coronavirus-ravaged countries and economies. The number... Read More

Retail sales plummet in lockdown

Retail sales values fell a historic 15 per cent in the June 2020 quarter during the COVID-19 lockdown, the biggest drop on record in figures going back 25 years,... Read More

Comvita makes 90 staff redundant, posts $9.7m loss

Mānuka honey business Comvita has made 90 staff redundant as part of a company restructure. The health supplements manufacturer reported a 2020 full-year net... Read More

World premiere amongst delayed events

The move back to COVID-19 alert Level 2 is disrupting Tauranga's entertainment calendar and frustrating local venue managers who are having to postpone or cancel... Read More

They hear it all

Sitting down in a hairdresser's chair you expect to get a haircut but what many people don't realise is they get an unofficial counselling session of sorts. ... Read More