Business
One of the country's largest retailers has provided details of how much of the $6.6 billion Government wage subsidy it has received and where it has gone
9th Apr 20, 10:17am
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One of the country's largest retailers has provided details of how much of the $6.6 billion Government wage subsidy it has received and where it has gone
In what could be a taste of things to come, an overseas buyer is seeking to walk away from an agreed deal to buy one of the country's largest retirement village operators
8th Apr 20, 10:53am
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In what could be a taste of things to come, an overseas buyer is seeking to walk away from an agreed deal to buy one of the country's largest retirement village operators
In the fourth part of a series on NZ's retail payment systems, Gareth Vaughan looks at EFTPOS and COVID-19, and finds banks in charge of implementing some of the key technologies that could crimp their revenues
8th Apr 20, 10:00am
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In the fourth part of a series on NZ's retail payment systems, Gareth Vaughan looks at EFTPOS and COVID-19, and finds banks in charge of implementing some of the key technologies that could crimp their revenues
Number of workers being supported by wage subsidies surpasses a million, as payments totaling $6.6 billion are made
7th Apr 20, 2:10pm
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Number of workers being supported by wage subsidies surpasses a million, as payments totaling $6.6 billion are made
Latest NZIER Quarterly Survey of Business Opinion shows that a net 16% of businesses are expecting to shed staff in the next quarter
7th Apr 20, 10:26am
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Latest NZIER Quarterly Survey of Business Opinion shows that a net 16% of businesses are expecting to shed staff in the next quarter
Country's largest airport says it is moving swiftly to respond to 'abrupt changes' in the market and has obtained covenant waivers from its bankers till the end of 2021
6th Apr 20, 9:22am
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Country's largest airport says it is moving swiftly to respond to 'abrupt changes' in the market and has obtained covenant waivers from its bankers till the end of 2021
Terry Baucher reports on Inland Revenue’s response to coronavirus and the department's coming shutdown over Easter
6th Apr 20, 7:53am
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Terry Baucher reports on Inland Revenue’s response to coronavirus and the department's coming shutdown over Easter
Government commits to temporary law change to enable businesses to put existing debt into 'hibernation' and give directors a 'safe harbour' from insolvency duties
3rd Apr 20, 3:32pm
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Government commits to temporary law change to enable businesses to put existing debt into 'hibernation' and give directors a 'safe harbour' from insolvency duties
Massey's Alison Brook finds that although there will be obvious major challenges in this crisis - and for some sectors existential - many of the changes that will emerge will not be negative
2nd Apr 20, 12:38pm
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Massey's Alison Brook finds that although there will be obvious major challenges in this crisis - and for some sectors existential - many of the changes that will emerge will not be negative
BNZ's head of research Stephen Toplis says economic activity will not return to pre-crisis levels till 2023, while unemployment might not get back below 5% before 2025
30th Mar 20, 3:51pm
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BNZ's head of research Stephen Toplis says economic activity will not return to pre-crisis levels till 2023, while unemployment might not get back below 5% before 2025
Terry Baucher has more on the Government and Inland Revenue’s response to Coronavirus, more unintended consequences, and asks if its time to postpone the 7th May GST and Provisional Tax payment
30th Mar 20, 9:02am
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Terry Baucher has more on the Government and Inland Revenue’s response to Coronavirus, more unintended consequences, and asks if its time to postpone the 7th May GST and Provisional Tax payment
RBNZ to buy more government bonds, as well as corporate and asset-based securities to support liquidity in the corporate sector
30th Mar 20, 8:35am
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RBNZ to buy more government bonds, as well as corporate and asset-based securities to support liquidity in the corporate sector
In the third part of a series on NZ's retail payment systems, Gareth Vaughan looks at the complications of interchange & merchant service fees and finds a government minister still waving a regulatory stick
28th Mar 20, 10:32am
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In the third part of a series on NZ's retail payment systems, Gareth Vaughan looks at the complications of interchange & merchant service fees and finds a government minister still waving a regulatory stick
The country's largest airport has suspended plans for a second runway, a domestic Jet Hub, a multi-storey carpark, and construction of the 146-room Mercure Hotel near the airport shopping centre
26th Mar 20, 10:43am
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The country's largest airport has suspended plans for a second runway, a domestic Jet Hub, a multi-storey carpark, and construction of the 146-room Mercure Hotel near the airport shopping centre
The Warehouse says it did believe it was an 'essential service' at the time it stated so to the sharemarket; has now cancelled its dividend; profit guidance withdrawn; share price falls
26th Mar 20, 9:09am
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The Warehouse says it did believe it was an 'essential service' at the time it stated so to the sharemarket; has now cancelled its dividend; profit guidance withdrawn; share price falls
BNZ's head of research Stephen Toplis has 'pencilled in' a -5% fall in economic activity for the June quarter 'but it could easily be more than double this': Unemployment may later hit 9%
25th Mar 20, 3:01pm
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BNZ's head of research Stephen Toplis has 'pencilled in' a -5% fall in economic activity for the June quarter 'but it could easily be more than double this': Unemployment may later hit 9%
Latest release of daily trade data from Stats NZ shows that exports last week were 3.7% ahead of the equivalent week a year ago, but imports were down 11%
25th Mar 20, 1:39pm
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Latest release of daily trade data from Stats NZ shows that exports last week were 3.7% ahead of the equivalent week a year ago, but imports were down 11%
Terry Baucher on the Government's Covid-19 package, a potential cash flow trap for those transferring their pension and superannuation schemes to New Zealand and more year-end tax planning
23rd Mar 20, 11:34am
Terry Baucher on the Government's Covid-19 package, a potential cash flow trap for those transferring their pension and superannuation schemes to New Zealand and more year-end tax planning
Taxpayers to support Air NZ through $900 million debt arrangement; Deal enables Crown to convert debt to equity
20th Mar 20, 9:19am
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Taxpayers to support Air NZ through $900 million debt arrangement; Deal enables Crown to convert debt to equity
Government temporarily waives passenger-based fees for airlines for six months, puts fee increases on hold for 12 months
19th Mar 20, 11:41am
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Government temporarily waives passenger-based fees for airlines for six months, puts fee increases on hold for 12 months
If employees like the remote work option forced on them, how will they tolerate the daily commute when the crisis passes? And how will companies react, Massey's Alison Brook wonders
18th Mar 20, 1:55pm
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If employees like the remote work option forced on them, how will they tolerate the daily commute when the crisis passes? And how will companies react, Massey's Alison Brook wonders
Terry Baucher on how the tax changes included in the Government's COVID-19 support package will provide immediate relief and encourage investment
18th Mar 20, 11:26am
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Terry Baucher on how the tax changes included in the Government's COVID-19 support package will provide immediate relief and encourage investment
'Only people working in jobs that cannot be done from home should still be in their normal places of work' - BusinessNZ and The NZ Initiative
17th Mar 20, 7:46pm
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'Only people working in jobs that cannot be done from home should still be in their normal places of work' - BusinessNZ and The NZ Initiative
Our national airline is cutting long haul international services by 85% and domestic services by 30% in reaction to the Government's travel restrictions
16th Mar 20, 10:31am
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Our national airline is cutting long haul international services by 85% and domestic services by 30% in reaction to the Government's travel restrictions
Terry Baucher on what the IRD could do about Coronavirus, watch out for Aussie beneficiaries in NZ trusts, and some tax year end planning tips
16th Mar 20, 6:45am
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Terry Baucher on what the IRD could do about Coronavirus, watch out for Aussie beneficiaries in NZ trusts, and some tax year end planning tips
