New Zealand Rural Land Company buys six South Island dairy farms for $61.4 million

NZX-listed New Zealand Rural Land Company has bought six dairy farms in Maniototo for $61.4 million.NZRL announced to the market this afternoon that it had entered into a unconditional agreement to buy the properties, totalling... Source: NZ Herald Business News

By | October 22nd, 2021|Business|0 Comments

On the Tiles: Economy panel looks at Government's books, inflation, interest rates

Covid-19 is continuing to dominate local politics - but for this week's episode, On the Tiles takes a break from the pandemic to look at what's happening in the economy.There's been a surfeit of economic news the past few weeks,... Source: NZ Herald Business News

By | October 21st, 2021|Business|0 Comments

Covid 19 Delta outbreak: What Government's business support package means – '$940m per fortnight'

In a suite of announcements that establish a pathway out of restrictions , the Government is providing up to $940 million per fortnight to support businesses through the challenging period, particularly those in Auckland.Finance... Source: NZ Herald Business News

By | October 21st, 2021|Business|0 Comments

Government wants to plug gaps in safety rules for adventure tourism, after Whakaari eruption

By RNZ The Government wants to bring in tougher safety rules for adventure activity operators, in response to the deadly 2019 Whakaari/White Island eruption.Forty-seven people - most of them tourists - were on the island when... Source: NZ Herald Business News

By | October 21st, 2021|Business|0 Comments

Urgent help, grants sought as lockdowns impact struggling SME community

From RNZ More than a third of small to medium enterprises do not have an online presence, despite many seeing the benefits of the internet.Independent research commissioned by Yellow shows 34 per cent of SMEs are not online,... Source: NZ Herald Business News

By | October 21st, 2021|Business|0 Comments

Scott Technology returns to the black, signs $20m US contract

Freshly streamlined automation and robotics company Scott Technology has returned to profit.The company reported a net profit $9.5m for the year to August after restructuring costs took the company to a $17.5m loss in the prevoius... Source: NZ Herald Business News

By | October 21st, 2021|Business|0 Comments

China's Evergrande set to collapse as deadlines loom, fears of US-style GFC

It has been teetering on the brink of collapse for weeks but China Evergrande, the country's second biggest property developer, could be facing up to doomsday as it admitted it may not be able to meet its financial obligations.With... Source: NZ Herald Business News

By | October 21st, 2021|Business|0 Comments

NZX gets its third cannabis listing with Greenfern debut

The NZX has gained its third cannabis company with the listing of Taranaki-based Greenfern.The company - a cannabis, therapeutics and wellness company incorporated in 2018 - aims to be a leading New Zealand producer and wholesale... Source: NZ Herald Business News

By | October 20th, 2021|Business|0 Comments

Covid-19 Delta outbreak: The Warehouse considers mandatory vaccinations for all staff by New Year's Day

Retail giant The Warehouse is considering making vaccinations compulsory for all its team members by January 1, 2022.The Group's chief executive Nick Grayston said it had begun a 14-day consultation with all its employees including... Source: NZ Herald Business News

By | October 20th, 2021|Business|0 Comments

Covid-19 Delta outbreak: Auckland Airport confident of air travel recovery after 2023

Auckland Airport believes air traffic will fully recover some time after 2023.The company revealed the most recent lockdown has caused a slump in daily passenger numbers, which last month were less than half those of 55 years ago... Source: NZ Herald Business News

By | October 20th, 2021|Business|0 Comments