NZ firms expect weak activity, more job cuts to come
By Rebecca Howard | Tue, 07 Jul 2020
New Zealand firms aren’t expecting a pickup in economic activity anytime soon and many plan to further reduce staff. “Firms have become even more cautious and have pared back on headcount and busin...
Scott Tech sees lumpy recovery in global market
By Brent Melville | Tue, 07 Jul 2020
Scott Technology is seeing an uneven recovery in its global markets, with the Asia Pacific returning to normal more rapidly than in the US and Europe.Still, the robotics and automation firm expects it...
Govt's bank-administered business loans still tiny
By Jenny Ruth | Tue, 07 Jul 2020
Lending under the government's bank-administered $6.25 billion business finance guarantee scheme continued at a snail's pace through June, in sharp contrast to its other small business lending scheme...
Govt freezes ACC levy rates for two years
By Rebecca Howard | Mon, 06 Jul 2020
Accident Compensation Corp levy rates will be frozen for the next two years to help ease the financial pressures of covid-19, the government said. “We're taking practical steps to support levy paye...
