New Zealand has an increasing number of long-term high-rise fixed and crawler cranes despite the pandemic, building price rises and labour shortages. The RLB Crane Index out today showed numbers rose from 144 in last year's third... Source: NZ Herald Business News
A lawyer for local property firm Du Val Group has told the High Court its social media advertisements were not misleading.The company is challenging last year's order from the Financial Markets Authority (FMA) to pull the ads because... Source: NZ Herald Business News
Previously published on The Spinoff Revisions to our Covid-19 settings mean from next week, vaccine passes are goneburger in restaurants, cafes and bars. So what do those behind the scenes think about the changes, and will any... Source: NZ Herald Business News
The Prime Minister has joined colleagues in Wellington at an event ahead of tomorrow's increases to the minimum wage and benefits.The minimum wage will increase 6 per cent from the start of April, a move unions welcomed but some... Source: NZ Herald Business News
Air New Zealand shares dropped nearly 6.5 per cent down to $1.28 earlier this morning as investors digested the implications of the airline's plans to raise $2.2 billion in equity and debt.From next week Air New Zealand starts the... Source: NZ Herald Business News
Auckland online education firm Kami has made Time magazine's 100 Most Influential Companies of 2022 list.The honour comes just months after the startup awarded a $10,000 bonus to all of its 53 staff as it hit the 30 million user... Source: NZ Herald Business News
Resource consent applications have been lodged for the proposed $4 billion Lake Onslow pumped hydro storage project designed to grapple with New Zealand's dry-year electricity woes.The applications made by the Ministry of Business,... Source: NZ Herald Business News
As Kiwis face rising food and petrol prices, many are already living outside their means, new research has revealed.A study canvassing the views of 18,000 Kiwis over the past year by research and financial product comparison firm... Source: NZ Herald Business News
Air New Zealand has launched a $2.2 billion equity and debt package to repay its existing Crown loan, strengthen its balance sheet, improve liquidity and help position the airline for recovery. Existing shareholders will be able... Source: NZ Herald Business News
Air New Zealand shareholders are being asked to stump up $1.2 billion as part of a giant $2.2b recapitalisation to shore up the airline's balance sheet as it navigates its third year of the pandemic.Tonight's announcement is one... Source: NZ Herald Business News