Meet the millennial margin traders. By Dan Brunskill

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Serko invests in travel recovery

Dan Brunskill
Wed, 18 Nov 2020

Dan Brunskill
Wed, 18 Nov 2020
Serko posted a loss of $10 million in six months through September as it continued to invest in its platform to prepare for what it sees as an inevitable recovery in business travel.Chief executive Darrin Grafton said businesses still want to meet clients in person rather than on Zoom. As as an example, he said immediately after lockdown he watched two other travellers at an airport, who were competitors within an industry, greet each other in surprise while boarding a flight. “Both were jumping on a plane to go visit a potential cus...

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Orr says RBNZ already considers house prices
Jenny Ruth | Tue, 24 Nov 2020

Government concern over galloping house price inflation burst into the open today, but Reserve Bank governor Adrian Orr insists he already takes house prices into account and ultra-low interest rates are important for the covid-19 economic recovery.

Opposition backs Robertson, claims credit for idea
Rebecca Howard | Tue, 24 Nov 2020

A conversation on housing between the RBNZ and the government has widespread political support.

Tower to get $42.1m EQC settlement
Staff reporters | Tue, 24 Nov 2020

Insurer says net profit will be impacted by about $9.5 million from write off.

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