Plan needed for possible omicron supply shortage threat

Plan needed for possible omicron supply shortage threat
Empty shelves are a common sight in Australia, as omicron cases keep workers home. (Image: J Howden)
Brent Melville
The transport and logistics sector is warning the government not to overreact once omicron cases start ratcheting up, and adopt pragmatic solutions to protect the nation’s supply chains.Freight industry representatives are known to have met with ministry of transport officials earlier this week to discuss likely scenarios, but more importantly, to plan for the impact of a reduced workforce.Nick Leggett, chief executive of Ia Ara Aotearoa Transporting NZ, said the plan is to do “more with less workers”. That could include...

More Markets

NZ sharemarket down 1.13% for the week
Markets Market close

NZ sharemarket down 1.13% for the week

The S&P/NZX 50 Index closed at 11,796.21, down 39.83 points or 0.34%.

Bell Potter boosts Santana target price 53.5%
Primary Sector

Bell Potter boosts Santana target price 53.5%

Aussie brokers increasingly like the look of a low-cost, high yield Otago gold play.

Anna Palairet appointed Fonterra's chief operating officer
Primary Sector

Anna Palairet appointed Fonterra's chief operating officer

Having acted in the role since June last year, she replaces Fraser Whineray.

Analysts upbeat about Tower's latest guidance
Markets

Analysts upbeat about Tower's latest guidance

The insurer's shares have gained 36% so far this year.