China urges NZ to lift travel restrictions

China urges NZ to lift travel restrictions
Rebecca Howard
China says the coronavirus outbreak there is generally under control and New Zealand should lift the ban on foreign nationals travelling from or through China.China's ambassador to New Zealand, Wu Xi, said the New Zealand government's travel ban is at odds with World Health Organisation guidelines and past practice during previous outbreaks.“The question for me is not to renew or extend," she told journalists in Wellington. "The question to me is should the travel limit be imposed in the first place?”At the end of January, the World Health Orga...

More Economy

Westpac adds another rate cut to its forecasts
Economy

Westpac adds another rate cut to its forecasts

Westpac Bank now expects the official cash rate (OCR) to trough at 3% and has pushed back the timing of its forecast tightening cycle.“Downside risks from global growth suggest the RBNZ [Reserve Bank of New Zealand] may continue easing beyond May,” chief economist Kelly Eckhold s...

Rebecca Howard 09 May 2025
Rams Logistics owed $3.2m to IRD
Economy

Rams Logistics owed $3.2m to IRD

About 50 employees are owed approximately $760,000, the liquidators said.

Gregor Thompson 08 May 2025
Paul Bloxham: NZ's growth to stem worker outflow to Australia
Economy

Paul Bloxham: NZ's growth to stem worker outflow to Australia

HSBC's chief economist says NZ will benefit from Chinese economic pivot.

Capital requirements review doesn't mean they are too high
Economy

Capital requirements review doesn't mean they are too high

The Reserve Bank of NZ is not committed to any one particular outcome. 

Rebecca Howard 07 May 2025