Crippling lockdown costs Australian economy $1b a week

Australia's unravelling "zero Covid" strategy will cost its economy more than £500m (NZ$992 million) every week of lockdown as analysts warn restrictions in some of its most populous states could last until October.Forecasters warned... Source: NZ Herald Business News

By | August 10th, 2021|Business|0 Comments

Covid 19 coronavirus: Tauranga port workers angry over 'shambolic approach' to Rio De La Plata container ship

By Liu Chen of RNZ Port of Tauranga workers are angry and disappointed they were brought back to work after being in contact with a ship with Covid-19 infected crew members, and say the handling of the vessel is shambolic, the... Source: NZ Herald Business News

By | August 9th, 2021|Business|0 Comments

Auckland Airport to build a $1 billion domestic terminal – when travel demand recovers

Auckland Airport has taken another step to replacing its ageing domestic terminal, outlining a $1 billion plan to merge it with the international building.But just when it will be built will depend on the speed of aviation's recovery... Source: NZ Herald Business News

By | August 9th, 2021|Business|0 Comments

Tegel to raise chicken prices by 10pc

RNZ New Zealand's largest poultry supplier Tegel has announced it is putting its prices up.Its products will increase this month by roughly 10 per cent - the increase varies from product to product.Tegel's general manager of... Source: NZ Herald Business News

By | August 9th, 2021|Business|0 Comments

IkeGPS seeks to raise A$18.2m for acquisitions

Dual-listed measurement solutions company IkeGPS Group (IKE) is seeking to raise A$18.3 million ($19.2m) through a share placement to position itself for future acquisitions.On completion of the placement, IKE expects to offer a... Source: NZ Herald Business News

By | August 9th, 2021|Business|0 Comments

Seek survey: Workers calling in sick to have lazy day watching Netflix

A new study has revealed 34 per cent of New Zealanders have called in sick to have a "lazy day" off work. In the survey of 4000 Kiwis by employment site Seek the "lazy or duvet days" were spent relaxing and recharging, getting some... Source: NZ Herald Business News

By | August 8th, 2021|Business|0 Comments

Kiwi pilates home-fitness entrepreneur backed by Games of Thrones producer

Kiwi fitness instructor Yvette McGaffin and her Irish husband Neal have launched what they claim is the first internet-connected home reformer pilates machine, backed by Hollywood producer Bernadette Caulfield. The couple relocated... Source: NZ Herald Business News

By | August 8th, 2021|Business|0 Comments

Tech giant Tencent facing pressure from Chinese govt over kids' usage

China's biggest gaming company, Tencent, said it would review whether it adequately limits children's access to live streaming and other features.Tencent has done so after the Chinese government expanded a regulatory crackdown on... Source: NZ Herald Business News

By | August 7th, 2021|Business|0 Comments

Nick Stewart: Don't lose sleep over market volatility

When markets are volatile it is natural to feel anxious. Your sense of apprehension can be fuelled by dramatic-sounding news headlines and dated TV file footage of traders with their heads in their hands. We'd all love for the... Source: NZ Herald Business News

By | August 7th, 2021|Business|0 Comments

Google boss Larry Page secured New Zealand residency under wealthy investor category

By RNZ Immigration officials have confirmed Google co-founder Larry Page applied for New Zealand residency under a category for wealthy investors.This week it was revealed the American billionaire travelled here from Fiji earlier... Source: NZ Herald Business News

By | August 6th, 2021|Business|0 Comments