NZ dollar rebounds; traders looking for the next headline

The New Zealand dollar rebounded after several days of selling pressure and could even end the week square as traders scan the headlines for the next reason to act, such as developments in the coronavirus crisis.The kiwi was trading... Source: NZ Herald Business News

By | April 24th, 2020|Business|0 Comments

Covid 19 coronavirus: Some banks increasing branch opening hours under alert level 3

Some major banks will increase the number of branch opening hours under alert level 3 but others will make little or no change.Since New Zealand went into level 4 lockdown on March 26 the major banks have only opened selected branches... Source: NZ Herald Business News

By | April 24th, 2020|Business|0 Comments

Covid 19 coronavirus: Queenstown goes from richest to one of poorest districts

The "chilling" facts facing the region set to be hit hardest by Covid-19 have been laid out by Queenstown Lakes District Mayor Jim Boult who says it has gone from the most successful region to potentially one of the poorest in a little... Source: NZ Herald Business News

By | April 24th, 2020|Business|0 Comments

Covid 19 coronavirus: Warehouse Group tells staff to take pay cut or face redundancy

The Warehouse Group has sent a letter to some of its staff asking them to take a pay cut of between 10 and 20 per cent as it grapples with a significant drop in earnings.The NZX-listed retailer which operates retail chains The Warehouse,... Source: NZ Herald Business News

By | April 24th, 2020|Business|0 Comments

Cooking the Books podcast: The best options for getting started investing

COMMENT: The Herald's Cooking the Books personal finance podcast is here to get you the tips you need to weather the financial storm. Hosted by Frances Cook, with a new money expert featured on each episode. My inbox has been... Source: NZ Herald Business News

By | April 23rd, 2020|Business|0 Comments

Covid 19 coronavirus: Silk Skin Spa beauty salon owner works night job to save employees' jobs

By Robin Martin of RNZ New Plymouth beauty salon owner Charlotte Ward is going the extra mile to save her business and her employees' jobs during the Covid-19 coronavirus epidemic.Silk Skin Spa - which employs five staff - has... Source: NZ Herald Business News

By | April 23rd, 2020|Business|0 Comments

Covid 19 coronavirus: How to support your local restaurant and cafe in level 3

By Harry Lock of RNZ With alert level 3 approaching, small, independent restaurants and cafés are coming up with new ways of making sure they can still deliver to hungry customers.Initiatives range from a group of Wellington... Source: NZ Herald Business News

By | April 23rd, 2020|Business|0 Comments

Covid 19 coronavirus: Shotover Jet, top tourism attractions close as Ngāi Tahu Tourism cuts 300+ jobs

Many of New Zealand's top tourist attractions - including the Shotover Jet - are closing as Ngāi Tahu Tourism announces the loss of more than 300 jobs.The Christchurch-based powerhouse business owns the Shotover Jet near Queenstown,... Source: NZ Herald Business News

By | April 23rd, 2020|Business|0 Comments

Covid 19 coronavirus: Kiwis keen to back local business to reboot economy: research

A new report has found that New Zealanders are keen to get behind the country's businesses to reboot the economy damaged by the Covid-19 outbreak.In the latest Covid Times study, which surveyed more than 600 New Zealand earlier... Source: NZ Herald Business News

By | April 23rd, 2020|Business|0 Comments

Covid 19 coronavirus: Disability employer Altus lays off 137 workers

This is a story with no winners, writes Glen Scanlon for RNZ Margaret's* disabled brother has been working at Auckland's Altus Enterprises - which has employed about 200 people, most with some kind of health issue - for many... Source: NZ Herald Business News

By | April 23rd, 2020|Business|0 Comments