Subscribe today - find out more
Why you should consider BusinessDesk

Wage subsidy 2021: Aussie retail giant cashes in

Andy Fyers
Tue, 28 Sep 2021

Wesfarmers claimed Bunnings in NZ and Australia had 'extraordinary growth' in 2021.
Andy Fyers
Tue, 28 Sep 2021
Almost 60 businesses have claimed more than $1 million in the latest round of the wage subsidy as of September 18.Leading the way again is Air NZ which claimed $17.2m for more than 7,000 staff as of Sept 18. The national carrier has now received $130m in wage subsidies since the beginning of the pandemic.But it is retailers' claims which will raise some eyebrows given the sector's strong performance during the pandemic.Retail spending has generally bounced back well out of lockdowns with spending often delayed rather than lost entirely....

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Regulator's thinking flawed and dangerous – Meridian
Ian Llewellyn | Thu, 28 Oct 2021

Meridian questions regulator's numbers, logic and policy in wholesale electricity market review.

Markets FREE
Wake Up Call: Lonely Planet accolade for Auckland
Staff reporters | Thu, 28 Oct 2021

Locked-down Auckland has been picked as the top city to travel to in 2022.

Move's $40m capital raising to reduce high gearing
Jenny Ruth | Thu, 28 Oct 2021

Move's gearing was 60% at June 30 with net debt of $57 million.

Time for a new approach to employee management at home

Unisys Security Index finds majority of Kiwi employees not comfortable with monitoring tech when working from home – regardless of purpose.

Decarbonising infrastructure – navigating an abundance of policy and analysis

We have a rare opportunity to align significant public infrastructure investment with urgent climate change reform, but time is short and we all need to act.