Coronavirus

Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
Metlifecare's strong results make EQT offer look worse
Coronavirus

Metlifecare's strong results make EQT offer look worse

Higher than expected profit shines harsh light on lowball offer.

Jenny Ruth 27 Aug 2020
ELECTION 2020: Are covid and cannabis putting us on a highway to hell?
Coronavirus

ELECTION 2020: Are covid and cannabis putting us on a highway to hell?

For New Zealand's $6 billion road freight industry it's all about covid-19 recovery and cannabis - and it wants a clear road ahead for both. In the latest industry election 'manifesto', the Road Transport Forum said the industry wants a "clearer view" of the economic recovery...

Brent Melville 27 Aug 2020
Half of subsidised jobs could go by Xmas - NZIER
Coronavirus

Half of subsidised jobs could go by Xmas - NZIER

The persistence of covid-19 and its economic impact could see about half the 482,000 jobs supported by the wage subsidy scheme lost by Christmas and unemployment reach 7 percent, the New Zealand Institute of Economic Research says. In its latest quarterly outlook, the institut...

Brent Melville 26 Aug 2020
Metlifecare valuations fall, but gap with scheme offer widens
Coronavirus

Metlifecare valuations fall, but gap with scheme offer widens

Metlifecare posts $33.7 million loss after drop in value of retirement villages.

Jenny Ruth 26 Aug 2020