Coronavirus

Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
Government needs to step in on commercial lease agreements
Property Free

Government needs to step in on commercial lease agreements

Commercial landlords and tenants want clear guidance from government around tenancy agreements while covid-19 restrictions remain in place.Despite being halfway through the four-week initial lockdown, commercial leaseholders say terms have been left to “broad interpretation,” res...

Brent Melville 14 Apr 2020
Details on Thursday for life at level 3, says PM
Economy

Details on Thursday for life at level 3, says PM

The government will give much-awaited detail this Thursday on how and which businesses will be allowed to reopen if and when the national lockdown is lifted on April 22.Further assistance measures for business will be announced on Wednesday.While the country spent barely two days...

Pattrick Smellie 13 Apr 2020
Start planning trans-Tasman 'bubble' now, says Auckland airport chief
Economy

Start planning trans-Tasman 'bubble' now, says Auckland airport chief

The New Zealand and Australian governments should start planning now for a trans-Tasman travel 'bubble', even if it's months before it can safely be put into action, says Auckland International Airport chief executive Adrian Littlewood.If both countries maintain current, apparent...

Pattrick Smellie 13 Apr 2020
Partial closure shouldn't undermine OceanaGold
Primary Sector

Partial closure shouldn't undermine OceanaGold

OceanaGold's hedging programme or its A$78.5 million forward sale agreement won't be affected by the partial closure of its Macraes and Waihi mining operations under New Zealand's covid-19 shutdown rules.The company’s hedging programme includes New Zealand dollar hedges capped at...

Brent Melville 12 Apr 2020