Coronavirus

Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
Potential tenants told to sign up online or miss out
Coronavirus

Potential tenants told to sign up online or miss out

Using covid-19 restrictions to veto or shortlist potential housing tenants before getting access to a property highlights the issue of having an unregulated property management industry, the Real Estate Institute of New Zealand said. While preliminary registrations that includ...

Brent Melville 06 May 2020
Little comfort in 'robust' labour market figures
Coronavirus

Little comfort in 'robust' labour market figures

Local jobs numbers looked good in the March quarter but are of little comfort, given the rising number of layoffs and unemployment benefit claims.

Rebecca Howard 06 May 2020
RBNZ offers a preview into its thinking ahead of MPS
Coronavirus

RBNZ offers a preview into its thinking ahead of MPS

The Reserve Bank of New Zealand offered an insight into next week's monetary policy statement and projections this morning, estimating $10 billion of lost production under the strictest lockdown restrictions. It estimates gross domestic product sank around 37 percent during f...

Rebecca Howard 06 May 2020
MARKET OPEN: Rally may be on the cards
Coronavirus

MARKET OPEN: Rally may be on the cards

A market rally may be on the cards today after some countries began to lift lockdown restrictions, spurring a lift in oil prices. Brent crude was up about 12 percent, according to Reuters, as Italy and some parts of the US – including California – eased their restrictions....

Rebecca Howard 06 May 2020