New Zealand business finalists named for 2021 Deloitte Top 200 Awards

After a second successive year of Covid-19 disruption and uncertainty, the finalists for the 2021 Deloitte Top 200 Awards have truly earned their spot among the best in New Zealand business.This year's finalists include companies... Source: NZ Herald Business News

By | January 27th, 2022|Business|0 Comments

'Diabolical' prices: Inflation leaves working professionals out of pocket

By Hamish Cardwell of RNZ The new record inflation figures come as no shock to many, with rising housing, fuel and construction costs putting the pinch on even those with means.Consumer prices rose 1.4 per cent in the three... Source: NZ Herald Business News

By | January 27th, 2022|Business|0 Comments

NZ Automotive took a revenue hit in December, January

NZ Automotive Investments - the company behind 2 Cheap Auto Cars - said its revenue had been affected by lower car, finance and insurance product sales in December and early January.The company, which listed last February, now expects... Source: NZ Herald Business News

By | January 27th, 2022|Business|0 Comments

Another top executive leaves Westpac NZ

Westpac New Zealand is to lose a second top executive with Karen Silk leaving the bank to join the Reserve Bank of New Zealand as assistant governor.Silk's departure follows that of Simon Power who is leaving the bank to head up... Source: NZ Herald Business News

By | January 27th, 2022|Business|0 Comments

Covid 19 Omicron: Government priority in rapid antigen test orders ruins businesses' pandemic plans – Food and Grocery Council

By Liu Chen of RNZ Businesses feel the prioritisation for the Government's order of rapid antigen tests has tripped up their pandemic planning, says the Food and Grocery Council.The council said members were profoundly disappointed... Source: NZ Herald Business News

By | January 27th, 2022|Business|0 Comments

Inflation hits 30-year high of 5.9 per cent

National Party leader Christopher Luxon took aim at the Government's "wasteful spending" after inflation hit a 30-year high of 5.9 per cent.Consumer prices rose at the fastest pace since 1990, with inflation hitting 5.9 per cent... Source: NZ Herald Business News

By | January 26th, 2022|Business|0 Comments

New Zealand markets take high CPI in their stride, focus on US Fed

New Zealand financial markets took news of a 5.9 per cent increase in inflation in 2021 largely in their stride, with most of the reaction taking place in the bond markets in response to the US Federal Reserve's latest monetary policy... Source: NZ Herald Business News

By | January 26th, 2022|Business|0 Comments

High commodity prices sees fewer farms put up for sale

RNZ Data just released from the Real Estate Institute of New Zealand shows there were 256 fewer farm sales for the three months to December last year than for the three months ended December 2020 - a 46.6 per cent drop.Comparing... Source: NZ Herald Business News

By | January 26th, 2022|Business|0 Comments

Apple NZ tops $1 billion sales for first time

Apple topped $1 billion revenue in New Zealand for the first time as the pandemic fuelled demand for tech and the company's scale allowed it to secure priority supply of key components as a number of rivals faced shortages.In documents... Source: NZ Herald Business News

By | January 25th, 2022|Business|0 Comments

Facebook gently mocks the New Zilund accent in its first Metaverse ad

It's time to enter the Matrix ... of dad jokes. The Kiwi accent gets a gentle ribbing in Facebook's first global ad for its much-hyped "metaverse".The tech giant- which recently changed its corporate name to Meta - recently opened... Source: NZ Herald Business News

By | January 25th, 2022|Business|0 Comments