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Author Archives: RNZ Business Headlines

Apology for businesses hit by wage subsidy glitch

September 3, 2021 by RNZ Business Headlines

Businesses are being urged to get in touch with MSD if they could not apply for the wage subsidy last night.
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Posted in News, RNZ business.

Strong New Zealand dollar expected to continue upward trend

September 3, 2021 by RNZ Business Headlines

The New Zealand dollar is at a two-month high against the US dollar, as well as the currencies of our biggest trading partners.
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Posted in News, RNZ business.

RBNZ begins consultation ahead of tighter controls on home loan market

September 3, 2021 by RNZ Business Headlines

The RBNZ has opened a two-week window for consultations on halving the amount of low interest mortgages banks can make to owner-occupiers to no more than 10 percent starting from next month.
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Posted in News, RNZ business.

TVNZ chief executive Kevin Kenrick resigns after nine years at the helm

September 3, 2021 by RNZ Business Headlines

Kenrick said he would take an extended break before making any decisions about future roles.
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Posted in News, RNZ business.

Credit scores remained stable in August level 4 lockdown – data

September 3, 2021 by RNZ Business Headlines

New data shows mortgage applications have fallen, alongside car loans, personal loans and new credit card applications..
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Posted in News, RNZ business.

Lockdowns and the lost tax dollars

September 3, 2021 by RNZ Business Headlines

The Detail – Cashies, under the table work, moonlighters. Along with concerts, restaurants and sport fixtures, they’re gone under level 4 lockdown rules.
Continue reading →

Posted in News, RNZ business.

Number of superannuitants earning over $200k triples in a decade

September 2, 2021 by RNZ Business Headlines

The number of people 65 years and older getting superannuation payments while on salaries of more than $200,000 has more than tripled in a decade.
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Posted in News, RNZ business.

ChargeNet to ‘rapidly scale up’ after new investment

September 2, 2021 by RNZ Business Headlines

Electric vehicle charging company ChargeNet has secured investment from a major multinational company to expand its charging network across the country.
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Posted in News, RNZ business.

Union presses case for retaining fuel tankers after Marsden Point refinery closure

September 2, 2021 by RNZ Business Headlines

The Maritime Union says it is important the country’s two fuel tanker ships are retained to ensure energy security when the Marsden Point refinery closes.
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Posted in News, RNZ business.

Businesses now have to reapply for wage subsidy scheme every fortnight

September 2, 2021 by RNZ Business Headlines

Unlike last year’s scheme, the current wage subsidy scheme requires businesses to reapply for support every fortnight, although the core settings of programme are unchanged.
Continue reading →

Posted in News, RNZ business.
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