On the Money: Bringing the cash, more MediaWorks moves, Back to business and more

The RNZAF have brought all sorts of supplies to those in need. (Image: Getty)

Sat, 25 Feb 2023

A different kind of helicopter moneySome of the choppers buzzing over Whairoa and Ruatoria in recent days weren’t bringing food, emergency supplies or politicians into the area. Rather, they were helicoptering in cash.“When people lose the ability to transact when they don’t have a means of exchange, social cohesion is very quickly challenged,” said Reserve Bank of New Zealand (RBNZ) governor, Adrian Orr.ATMs and Eftpos machines fell victim to the massive power and communication outages in the wake of Cyclone Gabreielle&...

Subscribe to BusinessDesk

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.

Already a Subscriber ? Sign in here.

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].name) | 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 }}

The Quiz Free

QuiznessDesk, Friday, Oct 03

Take a break and try our quiz.

The Quizmaster 9:15am

Finance

RBNZ resists capital settings-research criticisms

The RBNZ has no intention of extending the deadline for submissions beyond Oct 3.

Andy Macdonald 5:00am

RBNZ resists capital settings-research criticisms

Primary Sector

The NZX discount: Are local investors missing value?

The local bourse has already lost four this year.

Riley Kennedy and Rebecca Stevenson 5:00am

The NZX discount: Are local investors missing value?

Sponsored

Fiji’s exclusive side revealed

Private islands and 5-star luxury, closer than you think.

Tourism Fiji

Sponsored

The double edge of AI in cyber security

Artificial intelligence has the potential to become both a lifeline and a liability for modern organisations, as a revolutionary tool capable of spotting threats at lightning speed, but also the ultimate weapon in the hands of cybercriminals.

Spark