Coronavirus
Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
Coronavirus
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Auckland house sales up, but for the wrong reasons
Auckland’s housing market continued to fizz through June, although there are concerns that sales are being generated as a result of financial distress or fears of pending price falls. Barfoot & Thompson said sales for the month largely reflected ‘business-as-usual’ and that pr...
Coronavirus
Vista sees 'a mixed bag' of cinema reopenings globally
It's an anxious time in the cinema industry with most of the world's movie theatres still closed amid the coronavirus crisis and continuing delays in the release of blockbuster movies aren't helping. Vista Group International chief executive Kimbal Riley describes the situatio...
Coronavirus
NZSA to 'reluctantly' vote in favour of Metlifecare litigation
The New Zealand Shareholders' Association is going to vote in favour of Metlifecare's litigation aimed at forcing Sweden's EQT to proceed with its $1.5 billion takeover offer, even though it has "reservations" about the action. EQT and its Asia Pacific Village Group unit annou...
Coronavirus
$10m lifeline for major events
The government has allocated $10 million to help salvage nationally or regionally ‘significant’ events that provide the greatest flow-on benefit to regional economies in the wake of covid-19.Economic Development Minister Phil Twyford said that while the fund won’t save every even...
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