Vote 2020: ACT list makes gun lobbyist and climate change denier electable

The Act party has placed a gun lobbyist and a climate change sceptic school teacher at third and fourth place on its parliamentary list for the September 19 election.On the most recently published public polling, this week's One... Source: NZ Herald Business News

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

One star reviews: Auckland businesses' Google ratings attacked by trolls

Internet trolls have targeted two Auckland businesses with a co-ordinated wave of fake reviews.The business owners say the dozens of reviews are damaging their brands and raised questions about who is orchestrating them.Police,... Source: NZ Herald Business News

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

VOTE 2020: Greens back wealth taxes, ACC reform, guaranteed minimum incomes

By Pattrick Smellie The Green Party has launched its first major new policy for the September 19 election, ditching its previous advocacy of a capital gains tax for wealth taxes targeted at people with more than $1 million in assets... Source: NZ Herald Business News

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

Mellonsfolly Ranch: Entire town for sale in New Zealand captures foreigners' attention

Got a spare $11.6 million burning a hole in your pocket? Well, have we got a deal for you.An entire town, complete with a manuka honey business, is currently for sale in New Zealand - and some rich foreigners already have their... Source: NZ Herald Business News

By | June 27th, 2020|Business|0 Comments

Reserve Bank gets budget boost

The Reserve Bank has welcomed a significant funding boost that will see its budget increase from $80 million in 2019/20 to $111.7 million next year.Finance Minister Grant Robertson said the increase recognises that the number of... Source: NZ Herald Business News

By | June 27th, 2020|Business|0 Comments

Facebook to label all rule-breaking posts – even Trump's

Facebook said Friday that it will flag all "newsworthy" posts from politicians that break its rules, including those from President Donald Trump.CEO Mark Zuckerberg had previously refused to take action against Trump posts suggesting... Source: NZ Herald Business News

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

Augusta Capital endures 'challenging' year: $27.05m loss follows $6.95m profit

Listed property specialist Augusta Capital has confirmed a net loss after tax of $27.05 million after last year's $6.95m profit, saying the past year had been 'challenging'.Augusta, chaired by Paul Duffy, said the Covid-19 pandemic... Source: NZ Herald Business News

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

Bain Capital buys Virgin Australia, thousands of jobs saved

Virgin Australia will be sold to American private equity firm Bain Capital, its administrator has confirmed.The sale should be completed in August as minimal conditions are attached, administrator Deloitte said."Bain Capital has... Source: NZ Herald Business News

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

Pilots warn new isolation rules could risk flight cancellations

New Zealand's pilots and air crew are worried rigorous isolation and stand-down rules could lead to staff shortages and flight cancellations.Air New Zealand has laid off about 300 jet pilots but those on routes to China and the... Source: NZ Herald Business News

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

NZ dollar rebounds; traders focus on US economic support measures

The New Zealand dollar rebounded in line with US equities markets as traders focus on economic support measures and economies reopening rather than the worsening coronavirus pandemic in the world's largest economy.The kiwi was trading... Source: NZ Herald Business News

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