Business

Opotiki Harbour a $110m 'shovel ready' project
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.

Brent Melville 08 Jun 2020
NZ Inc should be capitalising on covid-free status and PM's global profile
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...

Jenny Ruth 07 Jun 2020
Air NZ shares rise 8.6% as it targets another $150m of savings
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...

Paul McBeth 05 Jun 2020
Rising air freight costs poised to push up retail prices
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...

Dan Brunskill 05 Jun 2020