Coronavirus

Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
Pubs 'won’t be the same' as govt restricts indoor gatherings
Retail

Pubs 'won’t be the same' as govt restricts indoor gatherings

The government is working overtime with the hospitality sector to ensure they’ll be able to meet new rules banning indoor gatherings and events of more than 100 people.Health Minister David Clark today announced the extension of restrictions on mass gatherings to prevent congrega...

Paul McBeth 19 Mar 2020
Foresters urged to manage harvest recovery
Primary Sector

Foresters urged to manage harvest recovery

Forest owners need to work closely with the rest of the sector to restore production in a way that is sustainable for contracting crews and the markets logs are destined for, the Forest Industry Contractors Association says.Ports around the country have reported more stable log v...

Gavin Evans 19 Mar 2020
NZ's already tepid economic growth heading for a nose dive
Economy

NZ's already tepid economic growth heading for a nose dive

New Zealand's economy was already slowing in the final quarter of last year and economists warn a sharp contraction is on the horizon as they call for the Reserve Bank to act. Gross domestic product expanded 0.5 percent in the December quarter, bringing annual growth to 1.8 perce...

Rebecca Howard 19 Mar 2020
Airlines still in talks with govt as first tranche of package rolled out
Economy

Airlines still in talks with govt as first tranche of package rolled out

Airlines are still in talks with the government about how to keep their services running as more and more routes get suspended.Transport Minister Phil Twyford today announced where almost half of the $600 million aviation support package will go – largely covering government fees...

Paul McBeth 19 Mar 2020