Covid 19 Omicron outbreak: Hospitality NZ rejects high-risk claims, says venues are safe

Hospitality New Zealand has pushed back at a health expert's claim that hospitality venues are high risk, saying restaurants and cafes are safe settings, and is calling on consumers to continue frequenting them. University of Auckland... Source: NZ Herald Business News

By | January 23rd, 2022|Business|0 Comments

Covid 19 Omicron outbreak: Supply-chain disruption 'inevitable', but work is underway to reduce impact – Finance Minister

By RNZ It is "inevitable" as Omicron spreads in the community there will be some impact on the supply-chain, but officials are working hard to minimise it, Finance Minister Grant Robertson says.Robertson provided an update on... Source: NZ Herald Business News

By | January 23rd, 2022|Business|0 Comments

Big rise in complaints to banking watchdog over new 'KFC, Uber, pregnancy' loan rules

The Banking Ombudsman Scheme says it has seen complaints about lending delays double since the borrowing rules came into effect.The Credit Contracts and Consumer Finance Act (CCCFA) requires banks to closely vet mortgage applicants'... Source: NZ Herald Business News

By | January 22nd, 2022|Business|0 Comments

Hospitality hit by chronic staff shortages – 'Worst we've seen'

Queenstown hospitality operators, already battered by the dropoff in tourist numbers, are being further beaten up by chronic staff shortages.As a result, restaurants are cutting trading hours, copping complaints over poor service... Source: NZ Herald Business News

By | January 22nd, 2022|Business|0 Comments

Service station worker turns $4K into $100m cryptocurrency, NFT empire

A Queenslander who started off working at his local service station for just A$15 ($15.72) per hour is now worth at least A$100 million if he cashed out on all his assets right now.Daniel Maegaard, 31, from the Sunshine Coast, used... Source: NZ Herald Business News

By | January 22nd, 2022|Business|0 Comments

'Cliff failure' on North Shore street sparks action: owners want to build seawall

Owners of multimillion-dollar clifftop Auckland homes on an exclusive street are taking extreme measures to try to delay "cliff failure" threatening their land. Properties on a 2km coastline stretch under Belmont's Seacliffe Ave... Source: NZ Herald Business News

By | January 21st, 2022|Business|0 Comments

Covid 19: WorkSafe probes vaccine pass complaints at Wellington cafe Prefab

WorkSafe is probing complaints that Wellington cafe Prefab is not checking Covid-19 vaccine passes. A WorkSafe spokesman confirmed the regulator has received notifications of concerns and was "looking into them". Prefab Eatery,... Source: NZ Herald Business News

By | January 21st, 2022|Business|0 Comments

Lion New Zealand leaves Freemans Bay for CBD, HQ in new Mansons TCLM building

Lion New Zealand has left Freemans Bay for new national headquarters in Auckland's CBD.Country director Craig Baldie said the business had moved into 136 Fanshawe St near the Halsey St intersection.The building was developed... Source: NZ Herald Business News

By | January 21st, 2022|Business|0 Comments

Netflix stock plunges as subscriber growth worries deepen

Netflix delivered its latest quarter of disappointing subscriber growth during the final three months of last year, a trend that management foresees continuing into the new year as tougher competition is undercutting the video streaming... Source: NZ Herald Business News

By | January 20th, 2022|Business|0 Comments

The Spinoff: Where does all our party ice come from? Alex Casey enters polar territory

Originally published by The Spinoff Alex Casey goes on a frosty pilgrimage to meet the people making the ice that has cooled your chilly bins all summer long. It is a stinking hot summer morning in Manurewa and we are in a... Source: NZ Herald Business News

By | January 20th, 2022|Business|0 Comments