![ELECTION 2020: Are covid and cannabis putting us on a highway to hell?](https://media.businessdesk.co.nz/file/c_fill,h_393,w_700,q_100/Forestry-eastland-log-yarn-trucks-g.webp)
ELECTION 2020: Are covid and cannabis putting us on a highway to hell?
For New Zealand's $6 billion road freight industry it's all about covid-19 recovery and cannabis - and it wants a clear road ahead for both. In the latest industry election 'manifesto', the Road Transport Forum said the industry wants a "clearer view" of the economic recovery...
![Half of subsidised jobs could go by Xmas - NZIER](https://businessdesk.co.nz/images/dummy.png)
Half of subsidised jobs could go by Xmas - NZIER
The persistence of covid-19 and its economic impact could see about half the 482,000 jobs supported by the wage subsidy scheme lost by Christmas and unemployment reach 7 percent, the New Zealand Institute of Economic Research says. In its latest quarterly outlook, the institut...
![Air NZ to sublet 'premium business class' waterfront offices as cuts bite](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/air-nz-building2.webp)
Air NZ to sublet 'premium business class' waterfront offices as cuts bite
It’s premium business class all the way for potential tenants looking to upgrade to as much as 5,000 sqm of prime office space on Auckland’s waterfront. Air New Zealand are looking to sublet as much as a third of their swanky, 15,240 sqm ‘hub’, in the Wynyard Quarter, as it l...
![Covid knocks $150m off Westfield's NZ mall values](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/Image-1-Westfield-Newmarket.webp)
Covid knocks $150m off Westfield's NZ mall values
The covid-19 pandemic took a $150 million bite out of Westfield's five New Zealand malls over the past six months, in a period where its parent, ASX-listed Scentre Group, lost A$3.6 billion on the reduced valuation of its property portfolio. Scentre Group holds a 51 percent in...