The Chart

Why we must all use the covid tracer app, by Andy Fyers

See details.
Retail

Briscoe repays $11.5m wage subsidy

Jenny Ruth
Fri, 16 Oct 2020

Jenny Ruth
Fri, 16 Oct 2020
Briscoe Group will repay the government's covid wage subsidy after coming under fire for weathering the crisis and then paying a dividend.That's despite the firm keeping all staff on full pay throughout the 50-day lockdown when its stores were closed."Management have confirmed that the sales momentum we saw leading into our half-year results has continued into the third quarter," chair Rosanne Meo announced."Whilst we were unquestionably eligible for the first round of wage subsidy, our recent trading performance has give...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets MARKET CLOSE
F&P Healthcare knocked by strong kiwi; covid saps stock market
Paul McBeth | Tue, 27 Oct 2020

Covid and election uncertainty weighed on markets across Asia, while the kiwi at a month high weighed down exporters. 

Finance
Improved electricity futures pricing may come next year
Gavin Evans | Tue, 27 Oct 2020

Banks, trading houses may join market makers next year.

Markets Market open
Dire Wall St to weigh on local market
Rebecca Howard | Tue, 27 Oct 2020

Exporters like Fisher & Paykel Healthcare and A2 Milk and companies with US exposure such as Pushpay Holdings will be in for a rocky start as global investors turn defensive on rising covid-19 cases and fading US stimulus hopes. “It has been ‘risk off’ start to the week with inve...

Partner Content
Could the hunt for yield lead to alternative assets?

The coming period could be a fruitful time to consider investing in alternative assets.

Sponsored
University of Auckland’s business degrees are reshaped for the future of work

The University of Auckland Business School is ready to launch its redesigned undergraduate business programmes.