Business

[ad_1] ANALYSIS: Pundits have been speculating wildly about the future of Stuff in the wake of a stock exchange announcement from NZME that it had asked for a law change allowing it to buy Stuff for a dollar. But all we really know for sure is that Stuff’s Australian owner, …

[ad_1] A petition to the Government to save Air New Zealand’s Nelson regional maintenance facilities will be presented to Parliament on Wednesday. Air New Zealand has put forward a proposal to close the region’s heavy maintenance facilities and move it to Christchurch to reduce the airline’s costs. A decision on …

[ad_1] More than 6,000 companies have applied for a loan under the government’s Small Business Cash Flow Loan (SBCS) scheme, which was accessible since Tuesday. The total loan amount requested under the scheme in the first hours of operation “far exceeds $ 100 million,” said Finance Minister Stuart Nash. Prime …

[ad_1] DIY and hardware retailer Bunnings plans to close seven stores with the loss of up to 145 jobs. Photo: 123rf.com The Australian-owned company said it had revised its network given the Covid-19 sector effect and decided that the stores were no longer viable. The affected stores are in Ashburton, …

[ad_1] The Government is signaling a lifeline for the struggling tourism industry in a specific package in Thursday’s Budget. But for some in the sector, it’s too little too late, and people have been forced to change their jobs. Sam Sutton and his team from Rotorua Rafting changed their work …

[ad_1] The Queenstown and Rotorua gondola and luge operations will reopen Saturday after weeks of being idle due to the coronavirus blockade. Skyline Enterprises CEO Geoff McDonald said its Queenstown and Rotorua operations would open in reduced capacity after New Zealand moved to Level 2 Alert. “It will be a …

[ad_1] Participants in the racing industry will have to wait to find out how the unaccounted for part of today’s $ 72.5 million government aid package escapes them. Because the man in charge of the races admits he doesn’t know it yet. Racing Minister Winston Peters was once again the …

[ad_1] A young butcher died suddenly, less than a week after his store went into liquidation. Roy Green, 38, and his wife Amanda had owned Pukekohe Mad Butcher in South Auckland for five years. Green was known in the Franklin community and supported various sports and charitable organizations. He and …

[ad_1] A young butcher died suddenly, less than a week after his store went into liquidation. Roy Green, 38, and his wife Amanda had owned Pukekohe Mad Butcher in South Auckland for five years. Green was known in the Franklin community and supported various sports and charitable organizations. He and …

[ad_1] Five underperforming Burger King restaurants in Wellington and Auckland could be closed permanently as recipients seek to reach a “compromise” agreement with the company’s creditors. The owners of Burger King in New Zealand, Tango New Zealand Ltd, went bankrupt on April 14 after the fast-food chain took a significant …