Listed Companies

Air NZ bailout likely as mass redundancies loom

Rebecca Howard
Mon, 16 Mar 2020

Rebecca Howard
Mon, 16 Mar 2020
A bail-out of Air New Zealand looks likely as the national airline lays the groundwork to slash its 8,000-strong workforce by up to 30 percent in the wake of the covid-19 outbreak.Trading in the shares was halted today at $1.54, valuing the national carrier at $1.7 billion, compared with $3.4 billion just over seven weeks ago, when the stock was at $3.045.Analysts expect the government - which owns 52 percent of Air New Zealand - will step up to the plate with some kind of support package, perhaps when Finance Minister Grant Robertson announces...

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Election 2020
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Pattrick Smellie | Mon, 28 Sep 2020

Labour needs the Greens to govern in the latest One News-Colmar Brunton poll, with the gap closing with National. NZ First hits a new low.

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Canon Business: Premium solutions for Commercial Bay

Precinct Properties is the largest owner and developer of premium inner-city business space in Auckland and Wellington, its latest flagship success is the transformational Commercial Bay on Auckland's waterfront. Canon knew that for such a high-calibre client, only a premium bespoke purpose-built solution would suffice when it came to providing market-leading print, mail and courier services to over 10,000 tenants in the development.