Twyford considers $80m for hard-hit events sector

Twyford considers $80m for hard-hit events sector
Brent Melville
The government is considering an $80 million life line for the events sector which flat lined under covid-19 restrictions since March. The New Zealand Events Association said it will meet with Economic Development Minister Phil Twyford to iron out details of the support package, potentially to coincide with the move to alert level 1. Twyford did not respond to BusinessDesk enquiries on the subject but NZEA general manager Segolene de Fontenay said the association remained "hopeful of a positive outcome."  The NZEA, which represents abo...

More Economy

RBNZ cuts by 50bps to 4.25%
Economy

RBNZ cuts by 50bps to 4.25%

The decision was widely expected. 

Rebecca Howard 27 Nov 2024
Weak NZD ahead as rate cuts loom
Economy

Cameron Bagrie: Weak NZD ahead as rate cuts loom

This week's expected rate cut will further underpin a weaker-for-longer NZ dollar.

Cameron Bagrie 26 Nov 2024
More confidence about housing: ASB
Economy

More confidence about housing: ASB

Sentiment is improving, albeit slowly, the Housing Confidence Survey shows.