MARKET CLOSE: NZ shares snap three-day rally as investors weigh up lockdown
By Dan Brunskill | Fri, 27 Mar 2020
New Zealand shares snapped a three-day rally in volatile trading, as investors continue to assess the fallout from the level 4 shutdown and as higher bond yields reduce the attraction of companies tha...
Subsidies rolling out fast; some 75%+ of workers at home
By Rebecca Howard | Fri, 27 Mar 2020
The government had already paid around $1.5 billion under the wage subsidy scheme by Thursday and that number has likely already more than doubled as it represented less than half of already approved...
Essential services Chorus, King Salmon stick to earnings outlook
By Paul McBeth | Fri, 27 Mar 2020
Telecommunications network operator Chorus and fish farmer NZ King Salmon are sticking to their earnings forecasts, despite the national lockdown.Both companies are deemed essential services and have...