Supermarkets see spending spree as shutdown looms

Tue, 24 Mar 2020

Stockpiling by households yesterday looks set to be followed by a sharp collapse in discretionary spending as mandatory self-isolation from midnight tomorrow shuts much of the economy.Non-essential businesses are already closing in anticipation of the lockdown and even before Monday's announcement, one survey suggested a fifth of households had started stockpiling goods fearing tougher controls were looming.And the collapse in spending could be sharp, based on Deutsche Bank Research. An analysis of electronic restaurant reservations in Germany,...

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Markets

'Serious compliance breaches' in NZ sharemarket

Seven matters were referred to the NZ Markets Disciplinary Tribunal last year.

Murray Jones 10:10am

The Quiz Free

QuiznessDesk: Wednesday, April 24

Can you answer all ten questions correctly?

The Quizmaster 9:15am

Politics

NZ not first in line for Aukus, US says Japan the priority

The US has laid out a case for the additional benefits Five Eyes members get from Aukus.

Dileepa Fonseka 5:00am

NZ not first in line for Aukus, US says Japan the priority

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Avoiding mistakes many investors make

Managing emotions key to securing long-term returns.

Milford

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Boosting rural growth with innovation

Productivity and sustainability go hand in hand for the rural sector

ASB Scam Update

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Retail

Website duplication scams haunt NZ retailers

Increasingly sophisticated obfuscation technology is making scams harder to resolve.

Gregor Thompson 22 Apr 2024

Retail

Menulog exits NZ

Online food delivery platform Menulog will discontinue its New Zealand operations in May.Parent company Just Eat Takeaway confirmed the decision today, saying: “New Zealand represents a small part of the Just Eat Takeaway.com business and its size is insufficient to maintain a he...

Staff reporters 16 Apr 2024