2degrees and Orcon plan $1.7b merger – how they'll stack up

2degrees and Orcon Group say they plan to merge in a $1.7 billion deal that experts say will create a strong number three in New Zealand's telecommunications market - which is better able to challenge Spark and Vodafone.Experts... Source: NZ Herald Business News

By | December 31st, 2021|Business|0 Comments

Queenstown resort firms expect more struggles

Many Queenstown businesses are facing the new year with trepidation as they plan for survival with closed borders, the spectre of Omicron and no wage subsidy support.A hoped-for influx of Aucklanders has failed to materialise in... Source: NZ Herald Business News

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

Queenstown visitors fail to show up

Queenstown businesses say Covid-19 has spooked Aucklanders out of heading south and a hoped-for influx has not eventuated.Hospitality, accommodation and tourism operators say while the district has never been a magnet for North... Source: NZ Herald Business News

By | December 27th, 2021|Business|0 Comments

Banana Boat sunscreen aerosols recalled over safety concerns

Two different types of sunscreen aerosol sprays by Banana Boat have been recalled in New Zealand due to safety concerns over unexpected levels of benzene in some batches.Banana Boat's parent company Edgewell Personal Care announced... Source: NZ Herald Business News

By | December 27th, 2021|Business|0 Comments

'Bumper year' for property owners as first-home values rise

By RNZ First-home owners outside the main centres are quids in when it comes to rises in property values.Quotable Value figures show that over the 11 months from 1 January to 30 November 2021, first-home values in Papakura in... Source: NZ Herald Business News

By | December 27th, 2021|Business|0 Comments

Queenstown faces 'big challenge' to have less than half of workers rely on tourism

By RNZ Queenstown Lakes is attempting to diversify its economy, with hopes that less than half of its workers will rely on tourism in the long run.Before Covid-19, about six out of 10 of the district's workers were employed... Source: NZ Herald Business News

By | December 26th, 2021|Business|0 Comments

What is the real cost of a switch to biofuels?

By Phil Pennington of RNZ The shift to use more biofuels is forecast to raise petrol and diesel prices and knock up to $1 billion off New Zealand's economic growth within four years, but not making a move could also carry big,... Source: NZ Herald Business News

By | December 26th, 2021|Business|0 Comments

PriceSpy survey: Has the traditional Boxing Day sale lost its glow?

Boxing Day has always been the most anticipated shopping day of the year, with shoppers ready to brave the crowds and snap up never-to-be-repeated deals.But a survey for price comparison website PriceSpy hints the gloss might be... Source: NZ Herald Business News

By | December 25th, 2021|Business|0 Comments

Kiwibank apologises after system crashed on Christmas Eve – shoppers left panicked

Kiwibank has apologised to customers after a system outage on Christmas Eve which may have sparked mistaken bank charges. About 4.45pm, minutes before many shops closed their doors to last minute shoppers, the bank's system crashed... Source: NZ Herald Business News

By | December 25th, 2021|Business|0 Comments

193 eftpos transactions made during busiest second on Christmas eve

New Zealanders raced to the shops on Christmas eve for last-minute shopping but numbers show there were fewer purchases than last year. Figures from Worldline show there were 660,815 transactions made between noon and 1pm yesterday,... Source: NZ Herald Business News

By | December 24th, 2021|Business|0 Comments