BNZ accused of sabotage by former business partner
Finance

BNZ accused of sabotage by former business partner

The company behind failed payments platform Swipe HQ is suing BNZ and SmartPay, accusing the pair of deceit and conspiring against it.

Victoria Young 05 May 2020
Half of conference firms may fail without govt support
Coronavirus

Half of conference firms may fail without govt support

The business events industry says half the firms in the sector will be gone by December without further government support. Conventions and Incentives New Zealand chief executive Lisa Hopkins, who represents 460 companies including hoteliers, event managers and tourism attraction...

Victoria Young 01 May 2020
NZ Rugby faces 70% revenue loss
Coronavirus

NZ Rugby faces 70% revenue loss

Disruption caused by the covid-19 pandemic means NZ Rugby’s revenue for the 2020 calendar year may decline by up to 70 percent, stakeholders were told at the organisation’s annual meeting today. Chief operating officer Nicki Nicol said the previous year’s positive result – a l...

Victoria Young 30 Apr 2020
Receivers progress deal to keep Burger King afloat
Retail

Receivers progress deal to keep Burger King afloat

Suppliers and landlords of Burger King are to forgo millions of dollars in payments from the chain’s private equity owners as progress is made on a deal for its survival.  The owner of its outlets in New Zealand, Tango Holdings New Zealand, has been in receivership since April...

Victoria Young 29 Apr 2020