Trade Me open for 200 essentials; everyone else can window-shop

Dan Brunskill
Mon, 30 Mar 2020

Dan Brunskill
Mon, 30 Mar 2020
Trade Me is working to identify essential services operating through its platform, while putting all other purchases on hold during the national lockdown.  Approximately 200 sellers have been approved and will be allowed to keep selling and distributing products through the platform.All other sellers are open for window-shopping only as the company limits completing purchases until the alert level 4 is lifted.“We’re taking these steps because we don’t want to encourage any non-essential travel, face-to-face contact or courier bookings,” th...
Southern Cross Travel to shed 45 jobs
Brent Melville | Tue, 02 Jun 2020

Southern Cross Travel Insurance plans to cut half of its remaining workforce in the wake of limited travel under covid-19 restrictions, although the rest of the group remains unscathed. The company...

MARKET CLOSE: NZ shares soar as investors get FOMO
Dan Brunskill | Tue, 02 Jun 2020

New Zealand shares rose as investors found confidence in the Prime Minister bringing forward a decision about the move to alert level 1. Tourism Holdings and Gentrack led the market higher with double...

Metlifecare seeks shareholder support for action against ex-suitor, EQT
Paul McBeth | Tue, 02 Jun 2020

Metlifecare will seek shareholder support to pursue litigation against its former suitor after the High Court rejected an application that would have preserved a shareholder vote on the teetering $1.5...

Telcos in lockdown, and beyond

Geoff Thorn, CEO, NZ Telecommunications Forum says modern connectivity was a major benefit during lockdown, so it’s important to ensure long term sustainability of the networks