Business

Fulton Hogan warns of significant trans-Tasman uncertainty
Infrastructure

Fulton Hogan warns of significant trans-Tasman uncertainty

Fulton Hogan warns there’s significant uncertainty about the outlook for major infrastructure on both sides of the Tasman, with commercial contracts deferred and little visibility on public work. The privately-owned civil construction firm told shareholders last week that its...

Paul McBeth 03 Jul 2020
ROBERT OWEN: On Payroll Compliance for SMEs
Law & Regulation

Robert Owen: ROBERT OWEN: On Payroll Compliance for SMEs

With Australian company MYOB notifying small businesses recently of problems with how its New Zealand payroll products calculate employee leave, the Holidays Act compliance nightmare is no longer just a problem for large employers.Widespread reporting of Holidays Act remediation...

Robert Owen 03 Jul 2020
Broader questions in power investigation - Meridian
Infrastructure

Broader questions in power investigation - Meridian

An investigation of power pricing during December’s South Island floods may help resolve long-standing issues in the wholesale electricity market, Meridian Energy says. The Electricity Authority believes wholesale charges that month may have been $80 million higher than they n...

Gavin Evans 03 Jul 2020
Worker shortages could raise food prices
Primary Sector

Worker shortages could raise food prices

A looming labour shortage on the back of covid-19 worker limitations could see New Zealand crops of strawberries and asparagus left unpicked this season, meaning higher prices come summer. Strawberry Growers New Zealand said its members will be hit both by the absence of backp...

Brent Melville 03 Jul 2020