International flights finally resume

International flights finally resume
Auckland Airport was flooded on Friday night. (Image: NZME)
Rebecca Howard
International flights have finally restarted at Auckland Airport. Air NZ’s domestic flights in and out of Auckland resumed at midday Saturday. There were no international departures on Saturday due to extensive flooding of the terminal building. "We know this is extremely frustrating but the safety of our passengers is our top priority," Auckland Airport said.  A seven-day statement of emergency was declared late on Friday after four people died in events linked to the torrential rain. “Infrastructure and em...

More Economy

Tourism industry struggles to keep up
Economy

Tourism industry struggles to keep up

Where to for NZ tourism in the long-term after NZ is done with its Briscoes-style sale?

Dileepa Fonseka 20 Feb 2025
RBNZ plans more cuts sooner rather than later
Economy

RBNZ plans more cuts sooner rather than later

The forecasts show the low at 3.1% by December this year. 

Rebecca Howard 19 Feb 2025
RBNZ eases by 50bps and brings forward planned rate cuts
Economy

RBNZ eases by 50bps and brings forward planned rate cuts

It now expects the cash rate to reach 3.1% in December. 

Rebecca Howard 19 Feb 2025
Banking inquiry must address regulatory governance
Economy

Banking inquiry must address regulatory governance

Regulatory governance to blame for uncompetitive bank sector, experts say.

John Anthony 18 Feb 2025