Affco must allow workers to return to day shifts, Employment Court rules

Sophie Boot
Thu, 11 Feb 2016

By Sophie Boot Feb. 12 (BusinessDesk) - The Employment Court has ruled Affco must allow 200 Wairoa freezing workers to return to their jobs on the day shifts they would have had if the Talley's-owned meat processor hadn't illegally locked them out. The decision was hailed by the Meat Workers Union as "finally" delivering "justice" to the plant's workforce. In November, the court ruled Affco's lock-out of freezing workers at plants across the North Island who had refused to sign individual contracts earlier in the year was illegal. It a...
Markets
MARKET CLOSE: NZ shares rise as optimism over covid drug buoys Asia
Dan Brunskill | Mon, 13 Jul 2020

New Zealand shares joined a rally across Asia, as upbeat investor sentiment spilled over from Wall Street's close on Friday on optimism over a late-stage trial for a hopeful covid-19 treatment.  Th...

Law & Regulation
SFO probes Labour Party on donations
Victoria Young | Mon, 13 Jul 2020

The Serious Fraud Office has confirmed a fifth investigation into electoral funding, stating today it is looking into donations to the Labour Party.The agency said the probe relates to donations made...

Markets
NZ dollar little changed as global shares defy worsening covid news
Jenny Ruth | Mon, 13 Jul 2020

The New Zealand dollar was little changed as traders awaited further trend-setting information and as rising share markets were offset by Florida reporting a US record for new covid infections. The...

The role of private equity in the wake of COVID-19

As local covid-19 restrictions ease, a new business cycle is beginning in New Zealand.