Cathay Pacific heading back to New Zealand with passenger flights from June

Cathay Pacific will restart passenger flights between Auckland and Hong Kong, starting on Monday, June 4. The airline will be operating two flights to and from Hong Kong in June, in addition to the single weekly Air New Zealand... Source: NZ Herald Business News

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

Ready to challenge supermarket duopoly: What it's like inside NZ's first Costco Wholesale

Chillers, rotisserie roasters, air conditioning units and storage gear stacked in the middle, white walls and ceilings, massive seismic V-shaped steel columns, no stock, most of the floor concrete poured, ready to be installed - that's... Source: NZ Herald Business News

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

Australian inflation surges, stoking fears of rate hike

Homeowners, economists and even Prime Minister Scott Morrison are on tenterhooks as to whether the strongest inflation print since the introduction of the GST will trigger an RBA interest rate hike next week.Consumer prices rose... Source: NZ Herald Business News

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

Air New Zealand moving corporate headquarters from Auckland CBD to airport

Air New Zealand is moving its central Auckland corporate headquarters to the city's airport.The move in two years means staff will vacate its base, known as The Hub at 185 Fanshawe St, for newly remodelled office space in buildings... Source: NZ Herald Business News

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

NZOG plans $25m rights issue, eyes ASX primary listing

NZ Oil and Gas (NZOG) said it planned to raise $25 million to invest in growth projects in New Zealand and Australia.Dual-listed NZOG also plans to make the ASX its primary listing.NZOG plans a one for 2.7625 renounceable rights... Source: NZ Herald Business News

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

Government supports Fonterra capital rejig but imposes conditions

The Government is to amend dairy industry legislation to accommodate Fonterra's capital restructure plan - but with significant provisos designed to ease sector jitters about the potential for New Zealand's biggest business to throw... Source: NZ Herald Business News

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

Auckland city can 'lead the way'

Jim Stabback is confident that Auckland will reach a "tipping point" and sufficient workers, visitors and students will return to restore the city centre's vibrancy and economic future.Stabback has been chief executive since September... Source: NZ Herald Business News

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

Project Auckland: It can't be business as usual

The 2020 Laneway festival. The CBD is where people go to socialise and share company. The city should reward them with bright lights and a great environment.All the signs are there that the city where we want to belong stands... Source: NZ Herald Business News

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

Project Auckland: Time to let the city flourish

Matthew Cockram wants Auckland's leaders to pay more attention to getting people back to work in the city centre now the worst of the pandemic is over.The businessman believes Auckland Council and central government should lead... Source: NZ Herald Business News

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

Credit card spending rises in March despite Omicron

More Kiwis got their credit cards out in March as Covid's Omicron wave eased back from its peak across the country, according to new data from the Reserve Bank.Seasonally adjusted total credit card billings in New Zealand were $3.8... Source: NZ Herald Business News

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