Covid 19 coronavirus: Curtains down for longest running retail business at Victoria Park Market

The longest surviving retail business at Auckland's Victoria Park Market, Urim, a souvenir shop selling New Zealand souvenir and gifts, will be closing its doors for the last time on April 8.Owner Grace Ko remembers a time when... Source: NZ Herald Business News

By | March 30th, 2021|Business|0 Comments

Kiwi entertainer Mika X sentenced to home detention for attempts to derail rich-lister's trial

A New Zealand entertainer who helped a prominent businessman attempt to derail an indecent assault court case has avoided prison.They can also now be named after a suppression order was lifted by Justice Geoffrey Venning today.Mika... Source: NZ Herald Business News

By | March 30th, 2021|Business|0 Comments

ASB board chair Gavin Walker to retire

ASB chairman Gavin Walker is to retire from the bank's board at the end of August.Walker, who has been on the board since March 2010 and chairman since August 2011, will be replaced by current director Dame Therese Walsh. Read... Source: NZ Herald Business News

By | March 30th, 2021|Business|0 Comments

New laundry strips eliminate detergent bottles and throw away plastic scoops

A new environmentally aware business aims to shake up the clothes cleaning industry by eliminating the need for bottled detergent and boxed powders with plastic scoops.Tru Earth pre-perforated strips are made of ultra-concentrated... Source: NZ Herald Business News

By | March 30th, 2021|Business|0 Comments

Ports of Auckland boss Tony Gibson vows to stay on after damning health and safety report and a union call to go

The Maritime Union is calling for Ports of Auckland chief executive Tony Gibson to go following a damning report which found systemic problems with health and safety under his watch. In a three-year period, two port workers lost... Source: NZ Herald Business News

By | March 30th, 2021|Business|0 Comments

Timber shortage: Commerce Commission seeks explanation after Carter Holt Harvey abruptly cuts supplies

By RNZ The Commerce Commission wants a "please explain" after timber giant Carter Holt Harvey abruptly cut supplies to a number of building retail chains, prompting concerns that costs will rise and construction could slow.The... Source: NZ Herald Business News

By | March 29th, 2021|Business|0 Comments

Nestle plans to make 45 staff redundant, move Allen's confectionery manufacturing to Australia

Confectionery manufacturer Nestlé is proposing to make 45 staff at its Wiri factory redundant as it seeks to move production to its Allen's factory in Australia.The company is currently consulting with its staff over its proposal... Source: NZ Herald Business News

By | March 29th, 2021|Business|0 Comments

Australian, Middle Eastern owners sell Precinct Properties' management for $215m

Australian and Middle Eastern interests have agreed to sell the management contracts of one of New Zealand's biggest listed real estate vehicles for $215 million.Sydney-headquartered AMP Capital Investors and a subsidiary of the... Source: NZ Herald Business News

By | March 29th, 2021|Business|0 Comments

'Corporate grandstanding': Rocket Lab apologises over lockdown donation claim

Rocket Lab has been called out for "corporate grandstanding" after releasing a statement claiming it gave an iwi trust "funds for food" during the Covid-19 lockdown.Former chief executive of Rongomaiwahine Iwi Trust, Mo Rongo, said... Source: NZ Herald Business News

By | March 29th, 2021|Business|0 Comments

SkyCity Entertainment names three new directors

SkyCity Entertainment said it will appoint three new independent directors, including corporate lawyer Silvana Schenone, outgoing Summerset chief executive Julian Cook and former Star Entertainment CFO Chad Barton.The appointments... Source: NZ Herald Business News

By | March 28th, 2021|Business|0 Comments