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Coronavirus

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
12
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
During the COVID-19 pandemic consumer lenders will be acting responsibly when making reasonable decisions based on the best available information in the circumstances, ComCom says
6th Apr 20, 8:42am
2
During the COVID-19 pandemic consumer lenders will be acting responsibly when making reasonable decisions based on the best available information in the circumstances, ComCom says
Roger J Kerr wonders if New Zealand's perceived agility will enable an earlier economic recovery for us
6th Apr 20, 8:16am
40
Roger J Kerr wonders if New Zealand's perceived agility will enable an earlier economic recovery for us
David Chaston explains what's at stake when you consider taking up the mortgage payment deferral schemes now offered by banks. There is a lot to think about
6th Apr 20, 8:05am
55
David Chaston explains what's at stake when you consider taking up the mortgage payment deferral schemes now offered by banks. There is a lot to think about
Terry Baucher reports on Inland Revenue’s response to coronavirus and the department's coming shutdown over Easter
6th Apr 20, 7:53am
5
Terry Baucher reports on Inland Revenue’s response to coronavirus and the department's coming shutdown over Easter
There is a need for COVID-19 serology testing to complement the current PCR testing with swabs. The current deficiency threatens good decision-making around the lockdown
4th Apr 20, 10:06am
175
There is a need for COVID-19 serology testing to complement the current PCR testing with swabs. The current deficiency threatens good decision-making around the lockdown
Gareth Vaughan on the COVID-Anosmia Initiative, the non-politicians leading NZ's fight against COVID-19, Abenomasks, a new use for Indian railway carriages & a potential vaccine
4th Apr 20, 9:52am
23
Gareth Vaughan on the COVID-Anosmia Initiative, the non-politicians leading NZ's fight against COVID-19, Abenomasks, a new use for Indian railway carriages & a potential vaccine
Kiwi in China Joseph Judd says there’s enough evidence available to warrant an urgent review and change in New Zealand’s current stance on the use of face masks
3rd Apr 20, 4:20pm
by Guest
53
Kiwi in China Joseph Judd says there’s enough evidence available to warrant an urgent review and change in New Zealand’s current stance on the use of face masks
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
20
Government commits to temporary law change to enable businesses to put existing debt into 'hibernation' and give directors a 'safe harbour' from insolvency duties
Kiwibank CEO says banks are being 'open-minded' when it comes to assessing credit risk, but warns coming out of lock-down will be more of a 'wicked problem' than going into it was
3rd Apr 20, 12:43pm
22
Kiwibank CEO says banks are being 'open-minded' when it comes to assessing credit risk, but warns coming out of lock-down will be more of a 'wicked problem' than going into it was
Terry Baucher on rising tax rates, the taxation of capital, environmental taxes, a rising corporate tax take & increasing power and reach of tax authorities
3rd Apr 20, 10:00am
75
Terry Baucher on rising tax rates, the taxation of capital, environmental taxes, a rising corporate tax take & increasing power and reach of tax authorities
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
3rd Apr 20, 5:00am
55
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation
2nd Apr 20, 3:28pm
63
In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation
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
16
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
RBNZ offers banks more help to encourage them to keep lending... but at a cost, as it restricts them from paying dividends until the economic outlook improves
2nd Apr 20, 10:03am
71
RBNZ offers banks more help to encourage them to keep lending... but at a cost, as it restricts them from paying dividends until the economic outlook improves
Locked-up New Zealanders are piling on to the internet, providing broadband volumes normally only seen at the weekend
2nd Apr 20, 9:31am
by admin
5
Locked-up New Zealanders are piling on to the internet, providing broadband volumes normally only seen at the weekend
Andrew Coleman explains why good businesses may fail in this crisis and why the Government should have prepared differently
2nd Apr 20, 9:30am
14
Andrew Coleman explains why good businesses may fail in this crisis and why the Government should have prepared differently
More detail unveiled on which businesses are be eligible for an 80% taxpayer-backed bank loan to get them through the COVID-19 crisis
1st Apr 20, 6:15pm
35
More detail unveiled on which businesses are be eligible for an 80% taxpayer-backed bank loan to get them through the COVID-19 crisis
Govt to announce commercial property sector support this week; Banks nearly ready to write taxpayer-backed business loans; Treasury says 'bespoke' support for big business could involve debt, equity or regulatory relief
1st Apr 20, 2:54pm
54
Govt to announce commercial property sector support this week; Banks nearly ready to write taxpayer-backed business loans; Treasury says 'bespoke' support for big business could involve debt, equity or regulatory relief
Gareth Vaughan on Dr Doom's coronavirus conference calls, bailing out the bailout, the Epidemic Response Committee gets down to business, Andorra's police go above and beyond, plus Africa & COVID-19
1st Apr 20, 11:54am
15
Gareth Vaughan on Dr Doom's coronavirus conference calls, bailing out the bailout, the Epidemic Response Committee gets down to business, Andorra's police go above and beyond, plus Africa & COVID-19
Treasury expects to issue $25 bln of Government Bonds in June year; says it will collaborate with the RBNZ to ensure the market functions efficiently & yields remain low
1st Apr 20, 9:06am
15
Treasury expects to issue $25 bln of Government Bonds in June year; says it will collaborate with the RBNZ to ensure the market functions efficiently & yields remain low
S&P Global Ratings says NZ's big four banks have substantial headroom as they buckle in for a COVID-19 driven increase in bad debts
1st Apr 20, 8:35am
12
S&P Global Ratings says NZ's big four banks have substantial headroom as they buckle in for a COVID-19 driven increase in bad debts
Finance Minister and RBNZ unwilling at this stage to link up directly to fund the fallout from COVID-19
31st Mar 20, 5:38pm
38
Finance Minister and RBNZ unwilling at this stage to link up directly to fund the fallout from COVID-19
ANZ Business Outlook for March makes for 'dreadful reading'
31st Mar 20, 1:11pm
80
ANZ Business Outlook for March makes for 'dreadful reading'
Gareth Vaughan on the long-run economic consequences of pandemics, how the South Koreans & Germans are dealing with COVID-19, picking the bottom & don't try this at home
31st Mar 20, 11:41am
13
Gareth Vaughan on the long-run economic consequences of pandemics, how the South Koreans & Germans are dealing with COVID-19, picking the bottom & don't try this at home