Coronavirus

Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
MARKET OPEN: Investors may be wary as they await lockdown decision
Markets

MARKET OPEN: Investors may be wary as they await lockdown decision

Investors may stick to the sidelines today as they await the government's decision on whether to ease the lockdown restrictions. A decision on whether to end the initial 28-day alert level 4 lockdown - which has run since March 26 - will be assessed at Monday morning's Cabinet...

Rebecca Howard 20 Apr 2020
BRIAN GAYNOR: The case for far more covid testing
Opinion

Brian Gaynor: BRIAN GAYNOR: The case for far more covid testing

The latest covid-19 figures show that New Zealand, as well as Australia, are doing extremely well but we need far more testing before we can safely reopen the country.The following table shows the covid-19 situation for four island nations with similar political, social and econo...

Brian Gaynor 19 Apr 2020
National tracing: the weak link in the route to level 3?
Policy

National tracing: the weak link in the route to level 3?

A national system for tracking and tracing people who have come in contact with covid-19 sufferers appears to be the weakest link among factors requiring government confidence if it is to move the country out of the current level of lockdown by mid-week.

Pattrick Smellie 19 Apr 2020
Construction's $3b shutdown cost dwarfs $7.6m benefit - economist
Economy

Construction's $3b shutdown cost dwarfs $7.6m benefit - economist

Shutting down the construction industry for a month has affected about 250,000 workers and cost about $3 billion but the benefits were likely worth about $7.6 million with only a single life of a person over 70 saved.Moreover, the New Zealand government's decision to lock dow...

Jenny Ruth 19 Apr 2020