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Monthly Archives: August 2021

Air NZ reports $289m loss amid closed borders

August 26, 2021 by RNZ Business Headlines

Air New Zealand has reported a reduced loss as closed borders and disrupted services nearly halved its revenue.

Posted in News, RNZ business.

A2 Milk facing 80% sdrop in net profit in year battered by Covid-19 disruption

August 26, 2021 by RNZ Business Headlines

Chief executive David Bortolussi said the year was “very challenging” with high levels of uncertainty and volatility.

Posted in News, RNZ business.

China’s ban on two Sealord plants having ‘significant impact’

August 26, 2021 by RNZ Business Headlines

Sealord is still working to get exports from one of its processing plants into China, the company says.

Posted in News, RNZ business.

Covid-19 hammers THL earnings

August 26, 2021 by RNZ Business Headlines

Tourism and campervan company Tourism Holdings’ full year earnings have been hammered by the pandemic.

Posted in News, RNZ business.

Genesis profit down more than quarter

August 26, 2021 by RNZ Business Headlines

Genesis Energy’s full year profit is down more than a quarter as rising costs eroded gains in revenue.

Posted in News, RNZ business.

Kiwibank reports $126m net profit with strong lending growth

August 26, 2021 by RNZ Business Headlines

Kiwibank has bounced back from its Covid-19 lows, more than doubling its profit from last year.

Posted in News, RNZ business.

Rocket Lab closes below issue price on Nasdaq debut

August 26, 2021 by RNZ Business Headlines

The New Zealand space company had a downbeat debut on the specialist technology Nasdaq stock exchange.

Posted in News, RNZ business.

Some small firms have ‘incredibly low’ cash reserves

August 26, 2021 by RNZ Business Headlines

Some small businesses have exhausted almost all their cash reserves over the past 18 months, and haven’t been able to rebuild them.

Posted in News, RNZ business.

Construction staff and supply shortages: ‘Very challenging times’ – BDO

August 26, 2021 by RNZ Business Headlines

The construction sector needs a rethink as challenges posed by the pandemic place the future of some firms at the risk of failure.

Posted in News, RNZ business.

COVID-19: Financial support available if you are struggling

August 26, 2021 by Auckland city news

We know COVID-19 and changes in alert levels put an added pressure on families already struggling to make ends meet. If you are worried about paying your rates, there are options available to you to make life a bit easier. Read about these options below,…

Posted in News.
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