Business
Infrastructure
NZ not immune to global oil glut
Reduced fuel imports by Z Energy and slashed production at the Marsden Point oil refinery are local examples of the “total supply disconnection” underway in global fuel markets, a leading energy analyst says. The world’s oil supply network had proved incredibly resilient to su...
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Primary Sector
Fieldays' No 8 fencing wire solution – go online
National Fieldays is going virtual following the postponement of this June's event as event organisers cling on to their fading hope that the event could still proceed later this year. But a number of exhibitors say, with virtually zero prospects of large events being allowed...
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Primary Sector
Don't bank on dairy saving the day
New Zealand’s primary sector exports – dairy in particular – may help weather the covid-19 storm but a sharp fall in global growth coupled with a spike in unemployment could see demand go down the drain. “New Zealand has always been dependent on agriculture and is even more so n...
Finance
NZX hires EY to review clearing system glitches
Stock exchange operator NZX said it has hired accounting firm EY to conduct an independent review of its technical problems over the last six trading days and is reviewing a range of hardware upgrades to increase processing throughput.It is also working with clearing system vendo...
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