Wood processors warn shutdown could close plants for good

Wood processors warn shutdown could close plants for good
Gavin Evans
Wood processors say plants will close for good if the government persists with its plan to shut non-food industries in the event the Auckland lockdown moves into level 4. Industry executives were alarmed yesterday when told that officials expected to apply the same essential and non-essential split as in March in the event that deeper workplace restrictions are required. During that lockdown many manufacturers – particularly exporters – fought unsuccessfully to keep operating given the safe distance working inherent in many of their operatio...

More Economy

NZ dollar hits 3-year low against Aussie as rate gap widens
Economy

NZ dollar hits 3-year low against Aussie as rate gap widens

NZ-Australian 2-year swap differential at 12-year low.

Rebecca Howard 26 Sep 2025
Billions up for grabs as term deposits expected to peak
Economy Data points

Billions up for grabs as term deposits expected to peak

Household term deposits have grown by over $60 billion in three years.

Gregor Thompson 25 Sep 2025
Treasury boss reiterates warning of surging fiscal pressures
Finance

Treasury boss reiterates warning of surging fiscal pressures

Fiscal pressures in focus as ageing population drives retirement, health costs up.

Staff reporters 24 Sep 2025
Annual advertised salary growth slows to 2%: Seek
Economy

Annual advertised salary growth slows to 2%: Seek

Only a third of industries have advertised salaries growing faster than inflation.

John Anthony 24 Sep 2025