Local Focus: Begging bylaw submissions heard, but nothing from the homeless themselves

This week the scab was pulled off a Tauranga sore that has still not healed. It's been just over a year since Tauranga City Council controversially banned begging and rough sleeping within five metres of retail and hospitality premises... Source: NZ Herald Business News

By | January 31st, 2020|Business|0 Comments

Why we have ghost houses: Landlord 'gives away' Grey Lynn house for a year

Auckland has so many ghost houses because of new rental laws, says an Auckland property developer who has "given away" a $1.92 million Grey Lynn home rent-free for a year.A developer of 25 years, who called Newstalk ZB this morning,... Source: NZ Herald Business News

By | January 31st, 2020|Business|0 Comments

Scores of ice-cream stores hit the market as Queensland franchisees reveal 'excruciating' struggle

A Queensland couple who poured a fortune into two Baskin-Robbins ice-cream franchises say they've been left AU$600,000 out of pocket after an "excruciating" struggle with the brand.The pair, who spoke to news.com.au anonymously,... Source: NZ Herald Business News

By | January 31st, 2020|Business|0 Comments

Amazon founder Jeff Bezos makes billions as shares soar

He's already the wealthiest person on the planet – but yesterday, Jeff Bezos got a whole lot richer.And he did it within minutes.The Amazon founder grew his staggering wealth by around US$13.2 billion in just 15 minutes on Thursday... Source: NZ Herald Business News

By | January 31st, 2020|Business|0 Comments

NZ tourism braces for coronavirus hit, 9000 cancellations already

Tourism operators are bracing for a ''significant'' hit from fallout from the coronavirus on the Chinese market with one economist forecasting a 5 per cent fall in overall tourist arrivals.The Chinese government ban on travel by... Source: NZ Herald Business News

By | January 31st, 2020|Business|0 Comments

NZ shares gain as F&P Healthcare gets strong lead from rivals

New Zealand shares ended the week on an upbeat note after stock markets were knocked around by the global outbreak of coronavirus. A weaker kiwi dollar buoyed exporters such as Fisher & Paykel Healthcare. The S&P/NZX 50 Index rose... Source: NZ Herald Business News

By | January 31st, 2020|Business|0 Comments

Liam Dann: Coronavirus clouds economic outlook

Coronavirus is casting a long shadow over economic forecasts for the year ahead, with the enormous uncertainty around the full extent of the pandemic forcing economists to hedge their bets.It may yet force the Reserve Bank to make... Source: NZ Herald Business News

By | January 31st, 2020|Business|0 Comments

NZ dollar sheds 2% in week on virus worries

The New Zealand dollar is headed for a 2 per cent weekly decline on growing concerns at the spread of China's coronavirus.The kiwi was trading at 64.77 US cents at 5pm in Wellington from 65.04 cents at the same time yesterday. It... Source: NZ Herald Business News

By | January 31st, 2020|Business|0 Comments

Watch: Rocket Lab lines up another US military launch – this time for spook agency

Watch the launch video below. Rocket Lab's next launch will be another for a US military agency.A launch window for the "Birds of a Feather" mission will open on January 31 at Launch Complex 1 in Mahia, following a US military... Source: NZ Herald Business News

By | January 31st, 2020|Business|0 Comments

Shares flat-line as coronavirus concerns reemerge

New Zealand shares were mixed as defensive stocks such as Spark New Zealand insulated the wider market from a new wave of concerns over the coronavirus outbreak. The S&P/NZX 50 Index decreased 10.86 points, or 0.1 per cent, to 11,665.65.... Source: NZ Herald Business News

By | January 30th, 2020|Business|0 Comments