KiwiSaver shake-up: What the Government's new rules mean for your nest-egg

The Government has announced a significant KiwiSaver shake-up which it says will make a real difference to Kiwis' wellbeing in their retirement years. From July next year, the default 'conservative' KiwiSaver option will be swapped... Source: NZ Herald Business News

By | February 29th, 2020|Business|0 Comments

Coronavirus: Supermarkets working hard to restock in-demand and sold-out items as customers buy up large

Major supermarkets are working hard to restock sold-out and high-demand items in the way of apparent panic buying after New Zealand's first case of coronavirus was confirmed.The Ministry of Health confirmed a person in their 60s... Source: NZ Herald Business News

By | February 29th, 2020|Business|0 Comments

Trump tries to shift blame, top economic advisor reassures, as virus outbreak rattles markets

As global markets plunged amid growing fears about the coronavirus outbreak, US President Donald Trump and his allies pulled from a familiar playbook and blamed others for the slide. It's a challenging sell for a president who has... Source: NZ Herald Business News

By | February 29th, 2020|Business|0 Comments

Fossil fuels blacklisted by Government for default KiwiSaver funds

KiwiSaver default funds will stop investment in fossil fuels to help New Zealand transition to a low emission economy next year, says the Government. Finance Minister Grant Robertson and Commerce and Consumer Affairs Minister Kris... Source: NZ Herald Business News

By | February 29th, 2020|Business|0 Comments

Coronavirus: Jacinda Ardern urges calm as panicked shoppers empty supermarket shelves

Panicked shoppers forced the closure of a major food wholesaler today as the Prime Minister urged New Zealanders to go about their daily lives in the wake of the country's first case of coronavirus.Gilmours was forced to close its... Source: NZ Herald Business News

By | February 29th, 2020|Business|0 Comments

Aussie couple turn $1500 into multimillion-dollar company thanks to pre-wedding health kick

When West Australian couple Katie and Andy Mant decided to get fit before their wedding, they had no idea it would lead to a massive career change – and a multimillion-dollar business.The pair, from Kinross in Perth's northern suburbs,... Source: NZ Herald Business News

By | February 29th, 2020|Business|0 Comments

Coronavirus: Frightened NZ customers cancelling, changing flights

New Zealanders have been cancelling and changing their flight plans as coronavirus continues to rapidly spread across the world, according to Flight Centre NZ.Yesterday, health officials announced the first case of Covid-19 in New... Source: NZ Herald Business News

By | February 28th, 2020|Business|0 Comments

Why the cost of an NZ website address is increasing 20 per cent

The cost of registering a new internet address, and the monthly cost of maintaining one, is about to go up a smidge - reflecting some big changes in the background. READ MORE:• The 40 most powerful people on the NZ technology... Source: NZ Herald Business News

By | February 28th, 2020|Business|0 Comments

Drought, coronavirus may drive RBNZ to cut OCR in March – Westpac

Drought and the coronavirus outbreak will deal a significant blow to the New Zealand economy over the first half of 2020, raising the possibility that the Reserve Bank may opt to cut its official cash rate as early as March, Westpac... Source: NZ Herald Business News

By | February 28th, 2020|Business|0 Comments

NZ shares fall as global correction continues

New Zealand shares followed global markets lower as the spread of coronavirus outside China continued, and the Ministry of Health confirmed a case in New Zealand late on Friday. The S&P/NZX 50 Index declined 176.01 points, or 1.5... Source: NZ Herald Business News

By | February 28th, 2020|Business|0 Comments