Auckland International Airport’s passenger volumes almost halved during March, falling 42 percent to 1.08 million, as travel restrictions were imposed by the government to contain the covid-19 outbreak. International passengers were down 43.2 percent at 513,455, while domestic pa...
Stuff is the latest media company to announce staff pay cuts, asking employees to take a 15 percent salary reduction over 12 weeks. The Australian-owned media group, which includes the Stuff website as well as major newspapers including The Dominion Post and the Press, said the v...
Reserve Bank governor Adrian Orr told a parliamentary committee the biggest covid-19 challenge for New Zealand is going to be a “sluggish” bounce back in global demand.New Zealand – like Australia – is highly reliant on foreign capital, highly reliant on foreign trade and “the re...
Businesses will be able to return to work under level 3 restrictions, but aren’t allowed to interact directly with customers.Prime Minister Jacinda Ardern outlined high-level guidelines for the looser restrictions before Cabinet decides whether to ease the pandemic settings on Mo...
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