Kiwis jet off for Christmas with Air New Zealand expecting 30,000 people today

By RNZ New Zealanders have taken to the skies and roads this Christmas eve, with Air New Zealand expecting 30,000 people to travel domestically today.Air New Zealand said it was facing similar levels of domestic demand on Christmas... Source: NZ Herald Business News

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

'Crazy': Shops and fruit sellers smashed in festive spend up

Hawke's Bay retailers are welcoming a huge festive shopping rush following a tough year operating under Covid restrictions.Berry and fruit sellers were also slammed by customers on Christmas Eve, particularly those selling strawberries... Source: NZ Herald Business News

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

Selfridges sold to Thai and Austrian buyers for about $7.86 billion

Selfridges, the upmarket department store chain, has been sold to a Thai conglomerate and an Austrian property group for just under £4 billion ($7.86 billion).The price paid by Central Group and Signa Holding is understood to be... Source: NZ Herald Business News

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

Retailers hope post-Christmas shoppers make up for slow start

Retailers are a bit down that the tills have not been a-ringing as much in Auckland this Christmas, with hopes Boxing Day and January sales entice shoppers to spend up.But despite wide reports it's been quieter, card transactions... Source: NZ Herald Business News

By | December 23rd, 2021|Business|0 Comments

Complexity of international banking a major deterrent for Kiwi businesses to go global – survey shows

The complexity of international banking is a major deterrent for Kiwis to expand their business overseas, however, low ambition was also a factor, according to new research by Wise, a global money transfer service.Independent researcher... Source: NZ Herald Business News

By | December 23rd, 2021|Business|0 Comments

Top TikTok creators are earning more than a regular job

It's about this time of year that we all start imagining what the next one will have in store for us. Considering we're in the middle of a Great Resignation and people are simply saying no to toxic workplaces, you may have considered... Source: NZ Herald Business News

By | December 23rd, 2021|Business|0 Comments

Elon Musk sells 10 per cent of Tesla shares worth $20 billion

Tesla CEO Elon Musk says he has reached his goal of selling 10 per cent of his shareholding in the electric car company, following a Twitter poll.Last month, Musk asked his Twitter followers if he should sell the shareholding, vowing... Source: NZ Herald Business News

By | December 23rd, 2021|Business|0 Comments

Air New Zealand flying 31,000 today

Air New Zealand is experiencing the busiest day of the holidays today, with 31,000 booked on flights.The airline says it is preparing for the 100,000 passengers set to fly around the country for the Christmas holiday period.More... Source: NZ Herald Business News

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

StraitNZ owner sells ferry and freight forwarding business – reports

The company that owns the Bluebridge ferry has reportedly been sold for more than half a billion New Zealand dollars.The Australian Financial Review is reporting that StraitNZ's owner, Sydney-based CPE Capital, had sold the passenger... Source: NZ Herald Business News

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

SME sales climb back up for the second month in a row – Xero survey

New Zealand's small business sales climbed back up for the second month in a row since taking a nosedive in September this year, a new report from Xero says.The Xero small business index showed SME sales rose by 15.8 per cent after... Source: NZ Herald Business News

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