Q&A: What will coronavirus mean for NZ?

What is coronavirus? 2019-nCoV is a worrying new addition to a large and diverse family of viruses, ranging from the common cold to the notorious acute respiratory syndrome – better known as Sars.Its symptoms - fever, coughing... Source: NZ Herald Business News

By | February 26th, 2020|Business|0 Comments

NZ shares slide for a second day on growing pandemic fears

New Zealand shares sank for a second day as investors remained fearful that the spread of covid-19 could dent global growth.The S&P/NZX 50 Index dropped 185.37 points, or 1.6 per cent, to 11,533.86. Within the index, 45 stocks fell,... Source: NZ Herald Business News

By | February 26th, 2020|Business|0 Comments

Auckland foreign exchange broker Kelvin Wood appeals against prison term for $7m Ponzi scheme

An Auckland foreign exchange broker who described himself as having an "ultra-ego" argues he should be given more credit for alerting authorities to his $7m Ponzi scheme.Kelvin Clive Wood is serving a prison term of six years and... Source: NZ Herald Business News

By | February 26th, 2020|Business|0 Comments

NZ dollar falls; coronavirus spreads to more countries

The New Zealand dollar was weaker as alarm over the spread of coronavirus builds and as warning signs of its impact on the New Zealand economy emerge.The kiwi was trading at 63.18 US cents at 5pm in Wellington from 63.47 cents at... Source: NZ Herald Business News

By | February 26th, 2020|Business|0 Comments

The new bog-standard: Study reveals Kiwis' mobile phone habits

Here's something to think about before you next shake hands. READ MORE:• Vodafone shifts to 'limitless' mobile data plans New Zealanders' mobile phone habits are, quite literally, in the toilet. Call it the new bog-standard.A... Source: NZ Herald Business News

By | February 25th, 2020|Business|0 Comments

Coronavirus shock: NZ investors lost $1.5b today as shares tumble around the world

New Zealand shares joined a global rout after the spread of coronavirus cases outside China caused stocks across Europe and the US to plunge as investors sought to avoid the risk of a global pandemic.The S&P/NZX 50 Index declined... Source: NZ Herald Business News

By | February 25th, 2020|Business|0 Comments

NZ dollar takes a breather, likely to fall further

The New Zealand dollar firmed, with traders expecting the currency's slide to resume as more news emerges on the spread of coronavirus beyond China.The kiwi was trading at 63.47 US cents at 5pm in Wellington from 63.24 cents at... Source: NZ Herald Business News

By | February 25th, 2020|Business|0 Comments

Coronavirus: Govt ready to steady the tourism ship

The Government would consider direct assistance to tourism industry players if the fallout from coronavirus lasts well beyond the first half of the year.In the meantime, the Government's $11 million package to boost tourism will... Source: NZ Herald Business News

By | February 25th, 2020|Business|0 Comments

NZME encouraged by talks with Government over plan to buy Stuff

NZME says its pursuit of rival Stuff is progressing, with "active engagement" with the Government about taking on a Kiwi Share obligation.NZME, publisher of the NZ Herald, has sought the Government's support to buy Stuff, which... Source: NZ Herald Business News

By | February 25th, 2020|Business|0 Comments

Pay gap: Will your daughter be paid less than your son?

We have a female Prime Minister, more women than men on the Supreme Court and our head of state is a woman. But in New Zealand, women are still paid an average of 9.2 per cent less than men according to Statistics New Zealand -... Source: NZ Herald Business News

By | February 25th, 2020|Business|0 Comments