The Spinoff: Eight extraordinary money moments in this heart attack of a year

Originally published by The Spinoff Recapping the highs and lows of 12 turbulent months. It's officially the last week of the year and yet March 2020 feels just like yesterday. So much of our lives have been affected in strange... Source: NZ Herald Business News

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

New record amid last-minute Xmas shopping surge

A surge in last-minute Christmas shopping has resulted in a new record for the most transactions per second that Paymark has processed.Final sales figures for the day are yet to be collated, but Paymark - which processes most of... Source: NZ Herald Business News

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

MediaWorks repays some voluntary pay cuts, leaves TV staff in the lurch

MediaWorks has reimbursed all of its staff past and present - except those of its former TV division - for the pay cuts they took earlier in the year.This week MediaWorks began handing out letters to its radio and digital businesses... Source: NZ Herald Business News

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

'Quite the bounceback': Christmas shoppers go to town on busiest day of the retail year

By RNZ It's the busiest retail day of the year, adding further momentum to New Zealand's post-Covid lockdown boom in spending.Year on year, sales are slightly down but week on week, sales are surging.And with Black Friday,... Source: NZ Herald Business News

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

A2 Milk sees Mataura Valley returning a profit in 2025

NZX-listed A2 Milk expects its soon-to-be-acquired Southland milk processor Mataura Valley Milk to be earnings positive by 2025.Mataura Valley, currently owned by China Animal Husbandry Group (CAHG), made a $47 million loss in 2019.... Source: NZ Herald Business News

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

Local Focus: V8 Trike Tours to make up lost ground in Rotorua

From owning a coach business in the UK to launching V8 Trike Tours in Tauranga, the past five years have been a roaring success for one rowdy tourism operator. Nigel Busbridge's 5-seater V8 motortrikes are unique to New Zealand."The... Source: NZ Herald Business News

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

Covid 19 coronavirus: Alliance Group to repay wage subsidy in full

Invercargill-based Alliance Group has chosen to return the balance of the Covid-19 wage subsidy to the Government.The farmer-owned meat processor had already repaid $21 million of the $34m wage subsidy and will return the balance,... Source: NZ Herald Business News

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

Cooking the Books podcast: How can you prepare for the next financial emergency?

OPINION: Each week the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's what we can learn from how New Zealanders responded to Covid-19. Hosted by Frances Cook. Listen to the Cooking the... Source: NZ Herald Business News

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

Sky TV names Vocus as service partner for Sky Broadband

Sky Network TV said it had confirmed Vocus New Zealand as its key service partner for the rollout of Sky Broadband.Chaz Savage, Sky's chief customer officer, said the companies had been working to develop and provide a solution... Source: NZ Herald Business News

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

Kiwi uni students create a buzz in the market with mead RTDs

A couple of university students are taking the craft RTD industry back to the future with one of the world's oldest beverages.With the market booming throughout New Zealand, many are entering the game with new twists on the classic... Source: NZ Herald Business News

By | December 22nd, 2020|Business|0 Comments