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

ANZ survey: ‘The worst will soon be past’
Economy

ANZ survey: ‘The worst will soon be past’

ANZ-Roy Morgan's survey shows that consumer confidence bounced back from recessionary lows in July.“It’s still very low but has clawed back about half the March-April fall that coincided with ‘recession’ headlines. The lift was driven by improving expectations rather than the...

Staff reporters 26 Jul 2024
The kiwi dollar is falling prey to the bears
Economy

The kiwi dollar is falling prey to the bears

The only worst performer is the Norwegian krone.

Rebecca Howard 26 Jul 2024
Holidays Act: no vacation for taxpayers
Economy In-depth

Holidays Act: no vacation for taxpayers

Let's pay billions of dollars and get nothing new for it.

Nikitin Sallee 25 Jul 2024
Recession worries? Blame China's economic flu
Economy

Recession worries? Blame China's economic flu

Treasury's chief economic adviser says China's economic woes are being felt in NZ.

Dileepa Fonseka 25 Jul 2024