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Author Archives: RNZ Business Headlines

Reserve Bank announces first cash rate rise in seven years

October 6, 2021 by RNZ Business Headlines

The Reserve Bank has ignored the Covid-19 outbreak and raised the official cash rate for the first time in seven years to head off growing inflation pressures.
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Posted in News, RNZ business.

Class action suit against A2 Milk expected to represent thousands

October 6, 2021 by RNZ Business Headlines

An Australian class action claim against infant formula company A2 Milk is expected to represent thousands of disgruntled shareholders.
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Posted in News, RNZ business.

Coalition of 25 companies want to import 370,000 rapid antigen tests – but need permission

October 6, 2021 by RNZ Business Headlines

The 25 companies want to jointly import 370,000 rapid antigen tests to be introduced on work sites around the country within the next seven days, but need the government’s permission to do so.
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Posted in News, RNZ business.

Five-year extension proposed for regulatory protection of phone number portability

October 6, 2021 by RNZ Business Headlines

Telecommunications commissioner Tristan Gilbertson says number portability is key to competition because it makes it easier for consumers to keep their mobile or landline number when changing providers.
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Posted in News, RNZ business.

Three months before Christmas, companies plan early for freight delays, higher costs

October 6, 2021 by RNZ Business Headlines

Getting stock into the country for last Christmas was a stressful time for many, largely because of how Covid-19 impacted global shipping.
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Posted in News, RNZ business.

Easy Crypto secures $17m backing from investors

October 6, 2021 by RNZ Business Headlines

Local cryptocurrency marketplace Easy Crypto is talking up the possibility of a share float in the long term following a successful round of financing from some big investment fund managers.
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Posted in News, RNZ business.

Company credit defaults rise as lockdown hits Auckland businesses hard

October 6, 2021 by RNZ Business Headlines

A sharp drop in demand for credit in the immediate response to the Covid-19 lockdowns has proven to be temporary but it is a different story for businesses.
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Posted in News, RNZ business.

Small businesses coping with minimum wage increase, study finds

October 6, 2021 by RNZ Business Headlines

New research shows the rise in minimum wage has not killed off jobs as some feared, with staff also happier about their jobs.
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Posted in News, RNZ business.

Vaccine certificates: Uncertainty over enforcement, extent of essential services

October 6, 2021 by RNZ Business Headlines

Businesses want more clarity on how they will be affected by the rollout of a vaccine certificate for domestic use.
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Posted in News, RNZ business.

Covid-19: Government subsidies more targeted in 2021

October 6, 2021 by RNZ Business Headlines

The Detail – The money thrown at businesses during our first lockdown last year has been refined and is now more targeted – but accountants warn the government can’t save every struggling company.
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Posted in News, RNZ business.
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