Many firms refuse to pay rent through the crisis
By Jenny Ruth | Fri, 27 Mar 2020
Many large businesses have unilaterally informed their landlords that they won't be paying the rent through the nation's lockdown and that could devastate the commercial, industrial and retail propert...
Essential services Chorus, King Salmon stick to earnings outlook
By Paul McBeth | Fri, 27 Mar 2020
Telecommunications network operator Chorus and fish farmer NZ King Salmon are sticking to their earnings forecasts, despite the national lockdown.Both companies are deemed essential services and have...
Upbeat markets banking on massive US stimulus; kiwi jumps
By Rebecca Howard | Fri, 27 Mar 2020
The prospect of a US$2.2 trillion coronavirus relief bill continues to cheer investors overseas, driving a sharp lift in the kiwi dollar and putting the local market on track to rise for a fourth stra...
AML requirements eased during lockdown
By Victoria Young | Fri, 27 Mar 2020
The regulators for the country's anti-money laundering regime have said physical checks under AML legislation can be scrapped while the country is in lockdown. Anti-money laundering rules introdu...