Business
Primary Sector
Opotiki Harbour a $110m 'shovel ready' project
The revitalised Opotiki Harbour development has become a poster child for the government’s regional investment programme in ‘shovel ready’ projects.
Economy
NZ Inc should be capitalising on covid-free status and PM's global profile
New Zealand should be capitalising on our covid-free status and the global reputation of Prime Minister Jacinda Ardern but the government still has a counterproductive "fortress New Zealand" mentality, according to New Zealand Initiative chair Roger Partridge. "Let's capitalis...
Infrastructure
Air NZ shares rise 8.6% as it targets another $150m of savings
Air New Zealand shares rose 8.6 percent after the airline said it plans to cut its wage bill by another $150 million in its bid for survival. The national carrier had already embarked on plans to cut its workforce by a third in a bid to save between $350 million and $400 milli...
Retail
Free
Rising air freight costs poised to push up retail prices
Kiwi consumers face higher prices for imported goods as the lack of passenger flights in and out of the country has pushed up air freight prices. Parallel importer Mighty Ape has seen the cost of air freight rise three-to-five times what it was before the covid-19 pandemic. An...
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