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Vector to prioritise essential energy services during COVID-19

Vector will prioritise essential energy services across the Vector Group to best protect its people, communities and customers during the COVID-19 locRead More



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Voxy.co.nz - Business

Please strictly respect the 2 metre rule with 2020-03-26 23:42:59As an essential service for New Zealanders, NZ Post’s first priority during the level 4 lockdown is the health, safety, support and wellbeing of

Non-profit institutions spend more on paying employees - 2020-03-26 23:36:01Salaries and wages (known as compensation of employees) paid by non-profit institutions (NPIs) are increasing faster than the value of the volunteer l

Support for working Kiwis from government welcomed - 2020-03-26 23:02:45The Council of Trade Unions is welcoming today's announcement from the Minister of Finance to further support working Kiwis. "Maintaining working Ki

New Zealand air traffic controllers volunteer to defer 2020-03-26 22:41:43Airways New Zealand has accepted an offer from its air traffic controllers to defer a planned pay increase in response to the COVID-19 outbreak and it

'Stokes Valley entry-level investment retail plus surplus land 2020-03-26 21:52:29A strip of four retail premises collectively known as Valley Entrance Shops in the Lower Hutt suburb of Stokes Valley, have been placed on the market

Chorus network broadband traffic update 2020-03-26 21:29:31The peak traffic at midday today on the Chorus network reached 2.05Tbps, up slightly on yesterday (at 1.99Tbps) but still comfortably within available

Westpac NZ provides six-month repayment deferrals 2020-03-26 21:21:06Westpac NZ customers affected by Covid-19 can now apply for a six-month deferral on principal and interest repayments on home loans and personal loans

Federated Farmers thanks government for Mycoplasma bovis tax 2020-03-26 20:50:37The Government’s decision to make a legislative change to minimise the tax implications for farmers impacted by Mycoplasma bovis is great news a

Doing the Neighbourly thing the first 24 hours 2020-03-26 20:31:20If there is to be a silver lining to the Covid-19 crisis, it is the return of connected communities, and the Kiwi way of helping one another.

COVID-19: Northpower prioritises public safety 2020-03-26 19:44:25Northpower has delayed all non-essential maintenance on its electricity network in Kaipara and Whangarei.

Banks offer six month mortgage repayment deferrals 2020-03-26 19:30:45New Zealand’s retail banks are offering to defer repayments for all residential mortgages for up to six months for customers financially affecte

Three in a row - CMC Markets 2020-03-26 18:38:03By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)

Reuters: Business News

Facebook commits $100 million to support news media New! 2020-03-30 08:27:07Facebook Inc on Monday pledged $100 million in financing and advertising spending to support news organizations, including local publishers in the Un

Futures creep higher as U.S. heads for longer New! 2020-03-30 08:24:18U.S. stock markets inched higher on Monday as President Donald Trump followed last week's passage of $2 trillion in stimulus by extending his stay-at

EasyJet grounds fleet as pandemic pushes airlines to New! 2020-03-30 08:23:00British budget airline easyJet has grounded its fleet of 344 planes and has no clear idea when it might resume flights, it said on Monday, highlighti

Oil plunges to 2002 lows, shares sink again New! 2020-03-30 08:14:08Oil took another stomach-churning 8% dive on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last fo

J&J to start human testing of coronavirus vaccine New! 2020-03-30 08:12:29Johnson & Johnson plans to start human testing of its experimental coronavirus vaccine by September and make it ready for emergency use in early

Mylan offers concessions to address EU concerns about New! 2020-03-30 08:05:08Generic drugmaker Mylan NV has offered concessions to address European Union antitrust concerns about its bid for Pfizer's off-patent branded drugs

Fiat Chrysler looks to resume some Italian production New! 2020-03-30 08:01:17Fiat Chrysler (FCA) is looking to resume some vehicle production from next week at three plants in Italy if it gets the green light from the governme

BNY Mellon names interim head Gibbons as CEO New! 2020-03-30 07:34:31Bank of New York Mellon Corp on Monday named interim head Thomas Gibbons as chief executive officer, effective immediately.

Activist investor makes new push for HC2 board New! 2020-03-30 07:25:11An activist investor is stepping up calls for the board of HC2 Holdings Inc to remove Chief Executive and Chairman Philip Falcone as the former hedge

Goldman Sachs sees S&P 500 dividends declining 25% New! 2020-03-30 06:32:58Goldman Sachs said on Monday it expects S&P 500 dividends to fall by 25% in 2020 as certain large dividend-paying industries are particularly vuln

Exclusive: American Airlines in talks to hire Millstein New! 2020-03-30 06:30:17American Airlines Group Inc is in advanced talks to hire Guggenheim Securities co-chairman James Millstein for advice on tapping a $50 billion indust

U.S. stimulus package is biggest ever, but may New! 2020-03-30 06:16:17The Federal Reserve has offered more than $3 trillion in loans and asset purchases in recent weeks to stop the U.S. financial system from seizing up,

Stuff.co.nz - Business

Southland businesses embrace working from home New! 2020-03-29 23:57:26 "They can have conversations with customers and fulfil their daily work tasks from home,'' Southland bank boss says.

Government loosens rules to allow online delivery of New! 2020-03-29 23:53:18The Government will allow many essential goods to be purchased online in a significant loosening of the level four lockdown rules in place to curb the

Retirement village operator Summerset cuts building forecast because New! 2020-03-29 23:38:42A large retirement village operator says it may build 100 fewer units this year because of Covid-19 disruption.

Coronavirus: $1.20 minimum wage increase to hit already New! 2020-03-29 23:31:37Businesses are faced with a $1.20 minimum wage rise on Wednesday.

Barbecue boss wants to turn butchery meat into New! 2020-03-29 23:13:45Helping those struggling during nationwide coronavirus lockdown fuels boutique barbecue boss' idea to make most of butchery meat supply.

Trucking body 'surprised and concerned' after ministry changes New! 2020-03-29 23:05:06Transport Ministry confirms and then withdraws minister's advice that it's okay to unpack non-essential goods from containers.

Taxis Palmerston North drivers up in arms over New! 2020-03-29 22:50:25They aren't earning during the lockdown, and say they can't afford to feed families and prop up Taxi call centre.

Coronavirus business advisory panel set up in Auckland New! 2020-03-29 22:46:10Auckland Mayor Phil Goff will head a high-powered business group looking at the impacts of coronavirus.

Apprentice at Toyota franchise disheartened about job loss New! 2020-03-29 22:33:50Apprentice's father asks why car company won't carry workers through.

Coronavirus: Petitions call for hazard pay for essential New! 2020-03-29 22:25:35Essential workers deserve hazard pay while working during the coronavirus crisis, say the authors of two petitions. 

Coronavirus: Jenny Craig and storage facility staff told New! 2020-03-29 22:25:10Some employees are refusing to work because they don't believe their jobs are an essential service.

Coronavirus: Tasman mayor supports essential overseas workers copping New! 2020-03-29 22:24:36Bumper apple, kiwifruit and grape crops in the Nelson region are keeping essential horticulture workers busy but some are facing abuse.

ABC News: Money

Southwest looks to avoid layoffs, Fitch sees US 2020-03-27 09:03:53American Airlines CEO Doug Parker says the company is eligible for about $12 billion of the $50 billion in grants and loans set aside for passenger ai

What you need to know today about the 2020-03-27 08:52:44America's coronavirus infections have surged to the most in the world, and has Italy shut down its industry

House plan on $2.2T virus relief bill hits 2020-03-27 08:50:03House leaders' plan for swift action on a $2.2 trillion package to ease the coronavirus pandemic's devastating toll on the U.S. economy and health c

Stock markets turn lower again as stimulus rally 2020-03-27 08:37:47Shares are down in European trading and expected to drop on Wall Street as investors weigh news of more virus infections against the economic stimulus

Virus changes menus, operations as restaurants struggle 2020-03-27 08:08:28With business sinking under coronavirus outbreak restrictions,the nation's restaurants are transforming operations and menus to try to stay afloat

Staying afloat: $2.2 trillion bill offers economic lifeline 2020-03-27 07:25:49The record $2.2 trillion emergency package that is nearing final approval in Congress is aimed at businesses and families facing a coronavirus cash cr

India's central bank cuts benchmark rate to decade-low 2020-03-27 01:42:33India’s central bank has cut its key interest rate by a sizable 75 basis points to 4.4% from 5.15% to ease financing troubles caused by the coro

Are gun shops 'essential' businesses during a pandemic? 2020-03-27 01:28:33There's no consensus in the U.S. on whether gun shops are considered essential businesses that can remain open during stay-at-home orders meant to sl

Coronavirus deals one-two financial punch to state budgets 2020-03-27 01:03:03The coronavirus is pounding state governments with a financial one-two punch, costing them many millions to try to contain the disease just as busines

Congress locks Trump oversight into $2.2 trillion package 2020-03-27 00:40:15Congress is about to spend $2.2 trillion, but lawmakers intend to keep close watch on where it goes

Virus relief package could help Trump, Kushner businesses 2020-03-27 00:19:03Congress  is looking for ways to control who gets the financial aid moving toward passage

Asian shares advance after stimulus surge on Wall 2020-03-26 23:42:33Shares are mostly higher in Asia after stocks surged again on Wall Street with the approaching approval of a massive coronavirus relief bill by Congre

UN News Centre - Economic

‘Rapid deterioration’ in global investment flows as Coronavirus 2020-03-26 15:46:07Foreign direct investment flows are liable to drop by 30 to 40 per cent during 2020, into next year, due to the ongoing COVID-19 pandemic, r

Debt relief milestone in Somalia, as World Bank, 2020-03-25 17:43:27The top United Nations official in Somalia congratulated the Horn of Africa nation on Wednesday for achieving the benchmark set by the World Bank and

‘Concerted efforts’ needed to meet 2030 Global Goals 2020-03-25 00:35:06Action to reverse the depletion and degradation of the environment across Asia and the Pacific is a top priority if the region is to stay on course to

Reaching ‘beyond the possible’ in Hawaii to meet 2020-03-23 00:00:05The people and government of the US state of Hawaii will reach “beyond the possible” to make the Sustainable Development Goals (SDGs) a re

‘Solidarity, hope’ and coordinated global response needed to 2020-03-19 14:41:27As public fear and uncertainty grow around the COVID-19 pandemic, “more than ever before, we need solidarity, hope and the political will to see

Swift policy action, strong leadership can save millions 2020-03-18 14:25:51As dire forecasts about the global economy add to the anxiety surrounding the COVID-19 pandemic, the UN’s labour agency (ILO) on Thursday offere

Rising number of young people excluded from jobs, 2020-03-09 17:18:50The number of young people around the world who are neither employed, studying or in some kind of training, is on the rise, according to a new report

Coronavirus update: COVID-19 likely to cost economy $1 2020-03-09 16:43:24Apart from the tragic human consequences of the COVID-19 coronavirus epidemic, the economic uncertainty it has sparked will likely cost the global eco

COVID-19: countries, businesses must safeguard human rights as virus spreads: 2020-03-06 14:47:29As the COVID-19 coronavirus continues to spread globally, the UN’s top human rights official appealed on Friday to put rights “front and c

Coronavirus COVID-19 wipes $50 billion off global exports 2020-03-04 12:47:29The extent of the damage to the global economy caused by novel coronavirus COVID-19 moved further into focus on Wednesday as UN economists announced a

New UN initiative to support financial systems that ‘work better 2020-03-02 12:25:13From developed to developing countries, no nation is immune from financial “gaps and vulnerabilities”, the President of the UN G

Scoop NZ - Business

Public To Be Able To Access Essential Goods New! 2020-03-29 23:39:00The Ministry of Business, Innovation and Employment has issued the following statement today: The Government has decided that the sale of essential go

Rental Increase Freeze Not A Rent Freeze New! 2020-03-29 23:32:00The NZ Property Investors’ Federation (NZPIF) is concerned that many tenants have mistaken the Government announcement banning rent increases as

Award-winning art deco butchers building goes up for New! 2020-03-29 23:21:00An award-winning central Napier retail premises which won high praise for its architectural integrity following a major structural restoration project

New Zealand Insurers Agree To Sector Wide Pledge New! 2020-03-29 22:12:00The Insurance Council of New Zealand (ICNZ) and its members have announced a set of core principles they have each pledged to use to guide their indiv

Mahi Tahi: Working Together To Ensure Cash-flow And 2020-03-29 21:44:00Te Pūtea Matua – the Reserve Bank of New Zealand - is working closely with the whole of government and industry to ensure financial stabili

EQC Media Statement On Tower 2020-03-29 21:28:00EQC Chief Executive Sid Miller confirmed that EQC was aware that Tower is filing proceedings, seeking $80m from EQC. “We have been working bi-la

Reviewboost NZ Waiving All Fees During Coronavirus Lockdown 2020-03-29 19:45:00The coronavirus pandemic has affected families and businesses across the whole of New Zealand, and even more so now that the country is in a level 4 l

Kiwi Company To Turn On The Power For 2020-03-29 19:30:00New Zealand renewable energy company Infratec and sister-company NETcon have won a joint bid to deliver solar powered electricity networks for remote

Waikato Berry Grower To Pay $76K For Labour 2020-03-29 17:48:00Olde Berry Farm Limited and its director were ordered by the Employment Relations Authority (ERA) to pay $76,532 for employment law breaches uncovered

COVID-19 Grief Resource for bereaved families and whānau 2020-03-29 16:43:00The Funeral Directors Association of New Zealand (FDANZ) has today posted on its website a COVID-19 Grief Resource information sheet to support bereav

Tower Insurance takes EQC to court over building 2020-03-29 16:24:00Tower Insurance (Tower) today advised it has lodged formal proceedings against the EQC for the recovery of money owed to Tower for rectifying building

2020 Southland-Otago Dairy Industry Awards Winners Announced 2020-03-29 16:07:00The winners of the 2020 Southland-Otago Dairy Industry Awards Share Farmer of the Year category believe diversification and their excellent staff team


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