WAKE UP NZ: Tentative optimism from Ardern may cheer local investors

Mon, 06 Apr 2020

Domestic investors may be cheered up by tentative optimism from the government on stabilising levels of the covid-19 outbreak in New Zealand, although dismal US jobs data may curb any appetite for risk-sensitive assets. Prime Minister Jacinda Ardern yesterday said “we made a good start and the decisions that we’ve made to date have made a difference.” She emphasised, however, “we need to get to half-time and perhaps a bit beyond that to see the full gains of the lockdown.” New Zealand currently has 1,039 confirmed and probable cases of...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Stay informed on business, government and financial developments across New Zealand.
Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].interval) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Policy

Trump pledges tariffs on Mexico, Canada and China

Move indicates Trump will follow through on tough campaign rhetoric.

The Wall Street Journal 2:00pm

Markets

Aroa posts $1.5m HY loss, forecasts annual profit

Auckland surgical products company is forecasting annual profit of between $2m to $6m.

John Anthony 2:00pm

Aroa posts $1.5m HY loss, forecasts annual profit

Markets

Pacific Edge posts $14.5m loss

The cancer diagnostics company is awaiting outcomes of several events.

John Anthony 1:30pm

Sponsored

Electric vehicles charge ahead for summer road trips as Z Energy boosts network

Expanded charger network makes long-range drives easier.

Z Energy

Sponsored

Culture strengthens Māori business

Collaboration and culture offer strength in turbulent times.

BDO

More Markets

Markets

Rocket Lab nabs Biden funding

Rocket Lab has hit a milestone by launching two Electron rockets within 24 hours.The New Zealand-American firm also said on Tuesday it had finalised US$23.9 million (NZ$41.3m) in Biden administration “Chips Act” funding.Proposed recipients of funding under the legislation, design...

Staff reporters 3:30pm