Business

One small step towards recovery for services sector
Economy

One small step towards recovery for services sector

Activity in New Zealand’s services sector has begun to bounce back from the dire downturn in April and May, but firms are still letting staff go.The BNZ/BusinessNZ performance of services index jumped 16.6 points to 54.1 in June from the month prior, the first time activity has g...

Dan Brunskill 20 Jul 2020
Butt out of our politics and we’ll get along fine: Chinese ambassador
Primary Sector

Butt out of our politics and we’ll get along fine: Chinese ambassador

The strong existing relationship between New Zealand and China can continue to grow as long as NZ stays out of internal Chinese politics, says Beijing’s ambassador to NZ, Wu Xi.Addressing some 500 delegates at the annual NZ-China Business Summit in Auckland – one of the first maj...

Pattrick Smellie 20 Jul 2020
Watson entity claims half a billion in Cullen liquidation
Finance Free

Watson entity claims half a billion in Cullen liquidation

A trust linked to Eric Watson has claimed more than half a billion dollars in the liquidation of his Cullen Group.

Victoria Young 20 Jul 2020
KERRY MCDONALD: Tiwai - there has never been an electricity subsidy
Infrastructure

Kerry McDonald: KERRY MCDONALD: Tiwai - there has never been an electricity subsidy

Economist and former Comalco general manager Kerry McDonald says the Tiwai Point smelter has never had a subsidised power supply and its closure is unlikely to benefit consumers.Independent studies show that the Tiwai Point Aluminium smelter is one of New Zealand’s most successfu...

Kerry McDonald 20 Jul 2020