Firms impose tougher travel, meeting restrictions than govt

Firms impose tougher travel, meeting restrictions than govt
Pattrick Smellie
A growing number of large New Zealand companies are starting to impose domestic travel bans, restrictions on meeting attendance and are even considering preventing staff from moving off the floors they normally work on.While reluctant to name names, Business New Zealand chief executive Kirk Hope told BusinessDesk that "some of the examples I am aware of ... are companies with more than $100 million turnover."Among those are understood to be the major trading banks, some of which have already moved either to ban non-essential domestic travel or...

More Economy

Little reason to celebrate GDP data
Economy

Little reason to celebrate GDP data

NZ is no longer technically in a recession but quarter-on-quarter growth was only 0.2%.

Kaya Selby 20 Jun 2024
NZ economy grows a tad in March quarter
Economy

NZ economy grows a tad in March quarter

The GDP lifted 0.2% in March quarter. 

Staff reporters 20 Jun 2024
Current account deficit narrows
Economy

Current account deficit narrows

At 6.8% of GDP, the deficit was larger than the Reserve Bank and Treasury predicted.

Murray Jones 19 Jun 2024