Coronavirus

Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
SkyCity to raise $230m of fresh equity, suspends dividends
Coronavirus

SkyCity to raise $230m of fresh equity, suspends dividends

SkyCity will raise $230 million in fresh equity and has suspended future dividends until at least June next year as part of a plan to strengthen its balance sheet post- coronavirus crisis.

Jenny Ruth 17 Jun 2020
High-value agri airfreight exports fall 5% - MPI
Coronavirus

High-value agri airfreight exports fall 5% - MPI

Airfreight exports of perishable and high-value live products fell 5 percent in the first three months of the year, as US sales growth wasn't enough to offset declines in New Zealand's biggest markets of Australia and China. The Ministry for Primary Industries' economic update...

Brent Melville 17 Jun 2020
Two new covid-19 cases; testing regime toughened
Coronavirus

Two new covid-19 cases; testing regime toughened

New arrivals in the country will have to show a negative covid-19 test before being allowed to leave managed isolation early on compassionate grounds.The change, effective today, was made after two recent arrivals from the UK, via Brisbane, tested positive for the virus. They are...

Staff reporters 16 Jun 2020
Sweeping reform recommended for 'complex, fragmented' health sector
Coronavirus

Sweeping reform recommended for 'complex, fragmented' health sector

Sweeping reforms are recommended to New Zealand's $20 billion public health sector to overcome a "complex and fragmented" system.

Rebecca Howard 16 Jun 2020