Traffic flows dropped as country moved into lockdown
The ANZ Bank’s heavy traffic index, a real-time measure of current economic activity, was 18 percent lower in August than July.
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The ANZ Bank’s heavy traffic index, a real-time measure of current economic activity, was 18 percent lower in August than July.
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Level 4 restrictions saw job listings fall sharply in August, with the biggest declines in trades, hospitality, tourism and retail sectors.
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Rocket Lab has reported a bigger half-year loss despite a lift in revenue, and is warning that New Zealand’s lockdowns will dent its second half earnings.
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Energy bosses say proposed legislation, designed to tighten rules around the decommissioning of oil and gas wells, risks creating a shortfall in electricity generation.
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The country’s top 30 co-operatives earned nearly $42 billion in revenue last year, roughly the same as 2015, the NZ Co-operative Economy Report shows.
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The opening of a new larger vaccination centre on Graham Street in the heart of Auckland’s central city will be welcome news for the nearly 40,000 residents who call the area home, says Mayor Phil Goff.
The facility, which replaces the current site in … Continue reading
Inland Revenue, MetService, New Zealand Post, ANZ and Kiwibank were also hit by what is believed to be a co-ordinated denial of service attack, but all appear to be back online.
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The opening of a new larger vaccination centre on Graham Street in the heart of Auckland’s central city will be welcome news for the nearly 40,000 residents who call the area home, says Mayor Phil Goff.
The facility, which replaces the current site in … Continue reading
The increasing cost of building materials is jeopardising first home buyers’ finances.
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Auckland warehouses are overflowing with building materials that importers have been prohibited from distributing during lockdown despite severe shortages.
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