Pensioner loses $134k after online bank accounts hacked by cyber criminals

A pensioner has lost $134,000 after cyber criminals hacked his online bank accounts, convinced staff to change his phone number, then siphoned his money in an elaborate scam.And though the man claims SBS Bank's security checks have... Source: NZ Herald Business News

By | September 28th, 2022|Business|0 Comments

Vodafone boss defends rebranding to One NZ after claims of white supremacist connotations

Vodafone's NZ chief executive has defended the company's rebranding to One New Zealand amid criticism the new name has white supremacist connotations. The telecommunications company ditched the red and white used by Vodafone globally... Source: NZ Herald Business News

By | September 28th, 2022|Business|0 Comments

NZ King Salmon sinks to $24.5m loss as warmer weather kills fish, reduces biomass

Fish deaths caused by warmer water drove NZ King Salmon to a $24.5 million loss in the first half to July 31, the company says.NZ King Salmon reaffirmed its full year earnings guidance - given in April 2022 - of an $8m to $12m pro... Source: NZ Herald Business News

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

RSE expansion: Union says employers should be shut out of scheme if they break rules

By Niva Chittock of RNZ Worker advocates warn employers must not be allowed to exploit the next wave of Recognised Seasonal Employees (RSE) from the Pacific.The government has raised the quota for the RSE scheme by 3000 this... Source: NZ Herald Business News

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

Ukraine-Russia war: Meta disables Russian propaganda network targeting Europe

A sprawling disinformation network originating in Russia sought to use hundreds of fake social media accounts and dozens of sham news websites to spread Kremlin talking points about the invasion of Ukraine, Meta revealed yesterday.The... Source: NZ Herald Business News

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

Changing its name: Vodafone New Zealand's 'One' news

Vodafone New Zealand is changing its name to One New Zealand, or One NZ for short.The telco is also ditching the red and white used by Vodafone globally in favour of an emerald or greenstone green.The changes will take effect... Source: NZ Herald Business News

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

Warehouse Group profits fall 19.3% amid cost of living crisis

The Warehouse Group has posted an annual net profit of $87 million, down 19.3 per cent on last year's $107.8m.The company had its Auckland physical stores closed for 23 per cent of the reporting period and battled rising inflation.For... Source: NZ Herald Business News

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

Government petitioned to address inequality in gender pay, retirement savings

Pressure is increasing on the Government to address gender pay and retirement savings gaps.MindTheGap campaigners are calling on the Government to stop "foot-dragging" and publicly commit to a timeframe for action over gender pay... Source: NZ Herald Business News

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

Cooking the Books podcast: Is renting dead money?

Each week BusinessDesk and the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's whether you can still get ahead financially as a renter. Hosted by Frances Cook. It's no secret New Zealanders... Source: NZ Herald Business News

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

Costco NZ opening: What makes new store globally unique

Hundreds of people have queued, some of them overnight, to be among the first through the doors at New Zealand's first Costco.The Washington State-headquartered retailer's west Auckland megastore will be globally unique, as well... Source: NZ Herald Business News

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