ELECTION 2020: No more wage subsidy extension: Ardern

Pattrick Smellie
Sun, 05 Jul 2020

Pattrick Smellie
Sun, 05 Jul 2020
The wage subsidy scheme will end some three weeks before the election, Prime Minister Jacinda Ardern confirmed today. “We have clearly signalled the wage subsidy is not something can go on for the never-never,” she told journalists after a rousing speech to around 600 Labour Party faithful and an online audience of thousands for the party’s traditional election year Congress. Extending the wage subsidy beyond its current cut-off of Sept. 1 risked delaying “the critical work that businesses may need to do to pivot into the new covid enviro...
MARKET CLOSE: NZ shares join Asian rally on strong US, European manufacturing
Dan Brunskill | Tue, 04 Aug 2020

New Zealand shares joined a rally across Asia as better than expected US and European manufacturing figures revived investors' confidence in the global economy. Fisher & Paykel Healthcare led the mark...

Weaker NZ dollar lifts off its lows after RBA more upbeat
Jenny Ruth | Tue, 04 Aug 2020

The weaker New Zealand dollar lifted off its lows after the Reserve Bank of Australia maintained its settings and reiterated its commitment "to do what it can to support jobs, incomes and businesses i...

Healthscope in $550M deal to sell NZ pathology business
Rebecca Howard | Tue, 04 Aug 2020

Australia’s Healthscope has inked a deal to sell its New Zealand pathology business to the NZ Super Fund and Ontario Teachers’ Pension Plan Board for more than $550 million. The two pension funds w...

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