Coronavirus
Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
Coronavirus
Auckland apartment market not quite flat-lining
The Auckland apartment sector is expected to take a 10 percent hit to both rental streams and valuations, with the “low point” expected in about 18 months. Auckland apartment specialist Robbie King expects the impact will be most felt in the coming six months as tourism and sh...
Coronavirus
Temporary $1.2b package set up for estimated 230k redundancies
The government will provide a new temporary payment for people who lose their jobs due to covid-19 and it is looking at a more permanent unemployment insurance scheme, Finance Minister Grant Robertson said. The new payment will be available for 12 weeks from June 8 for anyone...
Coronavirus
More private investment needed in low-emission energy post-covid
Keeping the world’s transition to a lower carbon economy on track post-covid will require greater private sector investment, New Zealand energy executives heard last week. The public spending that will be required to get countries out of the global recession underway will leav...
Coronavirus
Free
Kiwi company enters race for covid-19 vaccine
New Zealand has joined the global race to develop a covid-19 vaccine on the back of unique biotechnology created more than a decade ago at Massey University.A group of wealthy New Zealand investors and a New Zealand-born academic working in Canada have kicked off funding for the...
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