Covid 19 coronavirus: Over 5,000 house sales left in limbo

More than $200 million in daily residential property sales have been shelved until the end of April as buyers and sellers sit out the four-week covid-19 shutdown period.Latest estimates by the Real Estate Institute of New Zealand... Source: NZ Herald Business News

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

Covid 19 coronavirus: Retail NZ cautions consumers from buying online during lockdown

Retail NZ is warning shoppers to be wary when spending online with non-essential retailers during the lockdown as orders will not be fulfilled until restrictions are lifted.Given the growing uncertainty, and rapidly evolving situation... Source: NZ Herald Business News

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

NZ shares rise as exporters F&P Healthcare, A2 Milk enjoy weak kiwi

New Zealand shares were dragged higher as a weaker kiwi dollar lifted the value of export earnings for heavyweights Fisher & Paykel Healthcare and A2 Milk Co. The S&P/NZX50 rose 104.46 points, or 1.1 per cent, to 9,661.19. Within... Source: NZ Herald Business News

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

Covid 19 coronavirus: Greenlea takes the measure of the virus in accidental quirk

Greenlea beef export boss Tony Egan knows more than many there's nothing funny about the coronavirus but he has to wonder about his choice of a tape measure customer gift for the now-abandoned Fieldays.Landed with 1000 of the things... Source: NZ Herald Business News

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

Covid 19 coronavirus: No-show for some My Food Bag deliveries

The 2m rule has ruled out My Food Bag deliveries for about 200 of its foodies.The popular meal delivery company has been unable to deliver its My Choice four-person bags this weekend because of extra safety measures, such as the... Source: NZ Herald Business News

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

Covid 19 coronavirus: Supermarket pricing, staffing, stock in spotlight

The Government is keeping close tabs on the nation's supermarket duopoly through the national lockdown and ministers will tomorrow discuss a range of topics centred on the grocery chains. Pricing, staffing and stock levels are among... Source: NZ Herald Business News

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

Covid 19 coronavirus: Why it's too tempting to believe the Oxford study on coronavirus

COMMENT: TO READ THE HERALD'S FULL CORONAVIRUS COVERAGE CLICK HERE Wishful thinking is a powerful thing. When I read about a new disease-modelling study from the University of Oxford, I desperately wanted to believe. It is... Source: NZ Herald Business News

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

Covid 19 coronavirus: NCEA online-learning tool LearnCoach made free for lockdown

LearnCoach, which offers video tutorials to help students with NCEA studies, has made its service free during the lockdown.It usually costs $2 a week or a one-off annual payment of $104 for unrestricted access to LearnCoach content.... Source: NZ Herald Business News

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

Covid 19 coronavirus: NZ economy set to contract by 6 per cent in 2020 – ASB, ANZ Bank

Two major banks expect New Zealand's gross domestic product (GDP) to contract by about six per cent this year as a result of the coronavirus pandemic.ASB Bank expects Covid-19 to deliver a "sizeable cumulative hit" to GDP on the... Source: NZ Herald Business News

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

Covid 19 coronavirus: Many firms refuse to pay rent through the crisis

Many large businesses have unilaterally informed their landlords that they won't be paying the rent through the nation's lockdown and that could devastate the commercial, industrial and retail property sectors , the Property Council... Source: NZ Herald Business News

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