Did we just stop summer? NZ back in lockdown

Did we just stop summer? NZ back in lockdown
Rebecca Howard
In what will be a major disappointment for the "team of five million" New Zealanders, new lockdown restrictions are being imposed after three new community cases were detected in the Auckland region, with connections to Auckland airport and Taranaki.Prime Minister Jacinda Ardern said the Cabinet has decided that from 11.59pm Sunday Auckland will move to alert level 3 for three days until midnight Wednesday.The rest of the country will move to level 2 for the same period. This will be reviewed every 24 hours."Three days should giv...

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Core Crown tax revenue higher than expected in May accounts
Economy

Core Crown tax revenue higher than expected in May accounts

Government tax intake is $1.57 billion higher than forecast, according to the latest Crown accounts.Treasury released the interim financial statements for the 11 months ended May 31 on Wednesday morning, which showed core Crown tax revenue was $111.12b.This was 1.4% more than the...

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AAP 10:00am
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Economy

Business gloom offers inflation hope

The New Zealand Institute of Economic Research’s (NZIER) Quarterly Survey of Business Opinion shows a continued deterioration in business confidence in the second quarter.A net 35% of firms expected a deterioration in the general economic outlook over the coming months on a seaso...

Staff reporters 02 Jul 2024