Coronavirus
Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
Coronavirus
Pattrick Smellie: PATTRICK SMELLIE: Here we are again
As journalists, perhaps we should have noticed that the Karangahape 'K' Road restaurant where we were dining last night was suddenly emptying out. At the meet-and-greet session between BusinessDesk and Auckland advertising types earlier in the evening, the talk had all been ab...
Coronavirus
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NZ back in covid lockdown - Auckland at level 3
New Zealand is back in covid-19 lockdown with its largest city, Auckland, back at alert level 3 for three days from noon Wednesday.The rest of NZ will go back to level 2 social distancing after four new cases of covid-19 were discovered outside managed isolation and quarantine fa...
Coronavirus
Fletcher adds $150m in construction provisions, expects $196m annual loss
After years of insisting it had fully provided for its legacy construction losses, Fletcher Building is adding another $150 million to the near $1 billion pot. That and covid-19-related impacts are the major reasons behind the $196 million net loss the company expects to repor...
Coronavirus
Vital Healthcare's assets defensive in a pandemic
Vital Healthcare isn't entirely immune from covid-19 but, as its manager pointed out in releasing the trust's annual results, its properties are very defensive assets.
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