Asalea to close nappy factory; 26 jobs to go
Asaleo Care is giving up on its local baby nappy business and will close its manufacturing facility in Te Rapa, which will see 26 staff lose their jobs. The tissue maker hasn’t been able to generate adequate returns from the New Zealand baby diaper business, despite five years of...
Lala gets behind the wheel at Toyota NZ
Toyota New Zealand’s chief operating officer Neeraj Lala will take over the top job at the country’s biggest car wholesaler next month. Long-serving chief executive Alistair Davis will hand over the reins on July 1, when he retires from day-to-day management after 12 years in cha...
AJ Hackett Bungy gets govt lifeline
Tourism Minister Kelvin Davis has announced a $10.2 million lifeline for AJ Hackett Bungy NZ to keep the tourism venture alive through the covid-19 pandemic. The funding will be split up into a $5.1 million grant in the first year, followed by a $5.1 million loan in the second ye...
Govt to make bigger contribution to ACC non-earners
The government will pay more into Accident Compensation Corp’s non-earners’ account, which covers injury costs for people who don’t earn or pay levies, such as children, students and retirees. Last month’s budget lifted the government’s contribution by $285 million to $1.76 billi...
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