JENNY RUTH: When profit is a dirty word

Thu, 01 Oct 2020

There's a strong streak of anti-business sentiment in the Kiwi psyche, particularly when it comes to big businesses, and profit is often regarded as a dirty word.This is spilling out into demands that listed companies repay the government's wage subsidy.A number of New Zealand businesses have come through the government-mandated lockdown to fight the spread of covid-19 in remarkably fine fettle, fine enough in some cases to pay dividends.Retailers, such as Hallenstein Glasson Holdings and Briscoe Group, and retirement village operators...

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