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Latest Business Headlines [Page 3]

Survey Shows Staff Bigger Threat To Cyber And Physical Security Than Cyber Criminals

Tuesday, 24 March 2020, 5:16 pm | Nozomi Networks

AUCKLAND, March 24, 2020 — A new Newsweek Vantage survey finds as critical infrastructure organisations converge their IT, operational technology (OT), internet of things (IoT) and physical systems to improve overall performance, employees are the biggest ... More >>

Aurora Energy Penalised Almost $5 Million For Excessive Level Of Power Outages

Tuesday, 24 March 2020, 4:36 pm | Commerce Commission

Dunedin-based lines company Aurora Energy (Aurora) has been ordered by the High Court at Wellington to pay a penalty of almost $5 million for contravening its network quality standards through an excessive level of power outages in the 2016-19 years. ... More >>

Mortgage Holiday And Business Finance Support Schemes To Cushion COVID Impacts

Tuesday, 24 March 2020, 4:24 pm | The Reserve Bank of New Zealand

News release issued by the Minister of Finance The Government, retail banks and the Reserve Bank are today announcing a major financial support package for home owners and businesses affected by the economic impacts of COVID-19. The package will ... More >>


Tuesday, 24 March 2020, 4:21 pm | BNZ

Bank of New Zealand (BNZ) is encouraging kiwis to stay vigilant as scammers seek to take advantage of COVID19 uncertainty. In the past few weeks, scams purporting to be the World Health Organisation, an infection map tracker and the more standard ... More >>

Vodafone Keeps Kiwi Connectivity At The Heart Of Its Response To COVID-19 Level 4

Tuesday, 24 March 2020, 3:45 pm | Vodafone

Following the PM’s announcement that New Zealand will move to level 4 at midnight Wednesday, Vodafone New Zealand remains focused on delivering essential services and technology to keep Kiwis connected during the COVID-19 pandemic. More >>

Banking Services Open During Level 4 Lockdown

Tuesday, 24 March 2020, 2:41 pm | NZ Bankers' Association

All key banking services will remain available to customers during the alert level 4 lockdown the New Zealand Bankers’ Association confirmed today. “During the lockdown banks will balance managing public health requirements with the need to ... More >>

Business Forum Stresses Importance Of Keeping Supply Chains Open

Tuesday, 24 March 2020, 1:34 pm | NZ International Business Forum

The New Zealand International Business Forum (NZIBF) today welcomed the Government’s efforts to keep global supply chains open as an essential tool in combatting the effects of the Covid-19 virus. “Trade has a role to play in the fight against Covid-19” ... More >>

Road Transport Ramps Up To Provide Essential Service

Tuesday, 24 March 2020, 1:12 pm | National Road Carriers

The road transport industry is ramping up to ensure the continued smooth delivery of essential supplies including food and grocery to supermarkets and medicines to hospitals and medical centres during the Covid-19 lockdown says National Road Carriers ... More >>

Shopping Centre Industry Prepares For Alert Level 4

Tuesday, 24 March 2020, 12:49 pm | NZ Council of Retail Property

NZCoRP Chair Campbell Barbour says its members, which include many of New Zealand’s largest retail property owners, are continuing to comply with all Ministry of Health guidelines to ensure the health and wellbeing of our communities while providing ... More >>

Domino’s To Provide Emergency Meals For Seniors

Tuesday, 24 March 2020, 12:32 pm | Domino's Pizza

Domino’s is proud to announce its new Meals For Seniors initiative in response to the government’s request for citizens to remain at home. As of today, any senior citizen, over 70, that lives within a Domino’s delivery territory will be eligible ... More >>

Two popular Ch’i drinks recognised in 2020 awards

Tuesday, 24 March 2020, 11:48 am | Ch'i Drinks

The Ch’i Drinks Workshop has been recognised with two medals at the 2020 Outstanding NZ Food Producer Awards, organisers have announced today despite cancelling their annual champions event next month. More >>

Financial Advice NZ Welcomes Delay Of Submissions On Conduct Of Institutions Bill

Tuesday, 24 March 2020, 11:27 am | Financial Advice New Zealand

Yesterday’s decision by Parliament’s Finance and Expenditure Committee to extend the time for submissions on the Financial Markets (Conduct of Institutions) Amendment Bill is a very sensible one, says Financial Advice NZ. “This is the exactly the ... More >>

35% Of Kiwis Feel Less Productive When Working From Home

Tuesday, 24 March 2020, 10:19 am | Opinion Compare

Following the government’s announcement that we will be moving to Level 4 and a lockdown for the next 4 weeks, Kiwis across New Zealand are adjusting to a new way of working. Opinion Compare ran a nationally representative poll to understand ... More >>

COVID-19 Alert Level Increase: Advice For Kapiti Businesses

Tuesday, 24 March 2020, 10:19 am | Kapiti Coast Chamber Of Commerce

The Kāpiti Chamber of Commerce supports the Government’s decision to move to Level 3 and 4 response against COVID-19, and is urging the business community to remain connected as the country enters the four-week lockdown beginning tomorrow. ... More >>

Electrical supply company’s retail branch comes up for sale

Tuesday, 24 March 2020, 9:55 am | Bayleys

A fully refurbished and re-developed trade retail premises housing one of New Zealand’s largest electrical trades-supplies companies has been placed on the market for sale. More >>

Healthcare company’s head office for sale

Tuesday, 24 March 2020, 9:52 am | Bayleys

The land and buildings housing the New Zealand head office operations of one of the world’s largest healthcare companies has been placed on the market for sale. More >>

Alcohol Industry Calls For Calm As Bottle Stores Targeted By Panic Buying

Tuesday, 24 March 2020, 9:44 am | Alcohol Beverages Council

The New Zealand Alcohol Beverages Council ( NZABC ) is calling for calm as bottle stores continue to be subjected to massive panic buying. “We understand that consumers want to ensure they have stocks in hand for the four week isolation period, but a ... More >>

2020 Outstanding NZ Food Producer Awards Medal Winners Announced

Tuesday, 24 March 2020, 8:56 am | Outstanding New Zealand Food Producer Awards

In a world that’s a little topsy-turvy it’s wonderful to have an opportunity to celebrate great New Zealand produce with the announcement of 2020 Outstanding NZ Food Producer Awards medal winners. Twenty-five judges and eight stewards worked ... More >>

Trucks Need Freedom Of Movement

Tuesday, 24 March 2020, 8:33 am | Road Transport Forum

As New Zealand enters a lockdown, all essential goods required to ride it out will come on the back of a truck, Road Transport Forum (RTF) chief executive Nick Leggett says. "It is imperative that both central and local government are clear on ... More >>

REINZ Calls For RTA Proposals To Be Put On Ice While Focus Is On COVID-19

Tuesday, 24 March 2020, 8:28 am | REINZ

The Real Estate Institute of New Zealand (REINZ) is today calling for the proposed changes to the Residential Tenancies Amendment Bill to be put on hold while the country deals with the effects of COVID-19. These calls come as the Reserve Bank announced ... More >>

Level 4 Lock-down Could Be The Final Nail For Some Hospitality Businesses

Monday, 23 March 2020, 5:32 pm | Hospitality New Zealand

Hospitality New Zealand says many hospitality businesses will not reopen following the four-week shut down announced by the Government today, as the country prepares to move to Alert Level 4 in the response to COVID-19. The Government has announced ... More >>

Business Supports Government Action On COVID-19

Monday, 23 March 2020, 5:31 pm | Business Central

Moving to Level 4 means it will get harder, but it will get better says John Milford, Chief Executive of Wellington Chamber of Commerce and Business Central. "We support the Government making this decision to increase the COVID-19 alert level. ... More >>

Statement From Spark Re Call Congestion

Monday, 23 March 2020, 5:26 pm | Spark NZ

Following the Prime Minister’s COVID-19 announcement today telecommunications providers experienced call volumes beyond any level of calling ever seen in New Zealand to date. This is creating significant congestion for voice calling at an industry-wide ... More >>

Business Support Covid-19

Monday, 23 March 2020, 4:51 pm | BusinessNZ

New Covid-19 alert levels give us the best chance of keeping people alive and getting back to normal as soon as possible, BusinessNZ Chief Executive Kirk Hope says. "Although businesses are required to close, it is reassuring that wage subsidies have been ... More >>

South Pacific Pictures To Close All Productions During Covid-19 Pandemic

Monday, 23 March 2020, 4:22 pm | South Pacific Pictures

Due to the Government’s current restrictions in regards to the closure of non-essential services, South Pacific Pictures will close all of their productions effective immediately. This includes the postponement of filming on Shortland Street , Westside , Educators ... More >>

Westpac NZ Cuts Fixed Home Loan Rates To Support Customers

Monday, 23 March 2020, 3:59 pm | Westpac

Westpac NZ has cut its fixed term housing interest rates as part of its ongoing support for New Zealanders affected by Covid-19. The following changes will come into effect on Tuesday 24 March: 1-year special housing rate reduced to 3.09% 2-year ... More >>

Air New Zealand To Add Domestic Capacity

Monday, 23 March 2020, 3:51 pm | Air New Zealand

Air New Zealand is adding more domestic capacity following the Prime Minister’s announcement this afternoon. This will allow New Zealanders seeking to return home to do so prior to the country moving to Alert Level Four. The airline will endeavor ... More >>

Urgent Clarity Required On Essential Retail Services

Monday, 23 March 2020, 3:10 pm | Retail NZ

Retail NZ says the Government needs to provide urgent clarity on what are “essential retail services” following today’s announcement that non-essential stores will be required to close within 48 hours. “In the Prime Minister’s press statement, ... More >>

Downward Spiral For NZ Events Sector With More Than 3,000 Events Cancelled To Date

Monday, 23 March 2020, 2:45 pm | New Zealand Events Association Inc

Event organisers, suppliers, venues and artists are among those within New Zealand’s substantial events sector that have been greatly affected by the COVID-19 pandemic. Some operators have already seen a 100 per cent loss in activities - and ultimately ... More >>

‘One off the shelf’ for property investors

Monday, 23 March 2020, 2:30 pm | Bayleys

‘One off the shelf’ for property investors as pioneer village’s general store and land goes up for sale More >>

Telco Industry Working Quickly To Fix Calling Issues

Monday, 23 March 2020, 2:11 pm | NZ Telecommunications Forum - TCF

The New Zealand telecommunications industry is working quickly and collaboratively to remedy calling issues that have stemmed from a significant increase in the volume of voice calls on both mobiles and landlines. CEO of the New Zealand Telecommunications ... More >>

Downlights, With A Majority Disability Workforce, Aims To Raise Up To $300,000 Through Crowdfunding.

Monday, 23 March 2020, 1:33 pm | Downlights

Downlights Limited, which has recently raised $100,000 through wholesale investors, says they will go out to their crowd for their next capital raise. They are aiming to raise funds to move from their home into a factory, and increase their production ... More >>

Tauranga Company Offers Its Software For Free To Hard-hit Hospitality Sector

Monday, 23 March 2020, 12:32 pm | SwipedOn

New Zealand software company SwipedOn specialises in visitor registration and they’re making their iPad software available for free to Kiwi hospitality businesses who now have to register all customers at the door. The solution will meet new government ... More >>

Event Cinemas New Zealand Close Cinemas In Response To Covid-19 Pandemic

Monday, 23 March 2020, 11:57 am | Event Cinemas

Due to Government restrictions in relation to the occupation of indoor venues as a response to the public health risks associated with Coronavirus for both customers and staff, Event Cinemas New Zealand has announced all Event Cinemas, the Embassy ... More >>

Landlords Need To Work With Retail Tenants Through Crisis

Monday, 23 March 2020, 11:51 am | Retail NZ

  Retail NZ is applauding those landlords who are working with tenants to help them through the current Covid-19 crisis, but warns that landlords who aren’t prepared to review rental terms will push struggling retail businesses into insolvency. ... More >>

NZ Screen Industry Announces COVID-19 Pan-Sector Response

Monday, 23 March 2020, 11:32 am | Screen Sector COVID-19 Action Group

In response to the immediate impact of COVID-19 on the New Zealand screen industry, the sector has today announced the formation of the Screen Sector COVID-19 Action Group and a screen-specific online information hub . . While the indeterminate hiatus ... More >>

Advantage Named As First BlackBerry ThreatZERO Partner In New Zealand

Monday, 23 March 2020, 11:14 am | Advantage

Advantage is proud to be named as the first BlackBerry ThreatZERO ® partner in New Zealand. Obtaining this certification allows Advantage to deliver ThreatZERO services across the range of BlackBerry security products . According to the 2018 ... More >>

Open Letter To All New Zealand Businesses

Monday, 23 March 2020, 11:06 am |

COVID-19 is impacting all business day to day operations. Each week the impact becomes ever more significant to New Zealand businesses. Following New Zealand going to ‘Alert Stage 2’ and all New Zealanders being asked to limit social interaction, it's clear ... More >>

AFT Finalises Refinancing And Gives Trading Update

Monday, 23 March 2020, 11:03 am | AFT Pharmaceuticals

AFT Pharmaceuticals (NZX; AFT, ASX; AFP) today announces it has concluded an agreement with the Bank of New Zealand (BNZ) to refinance its current six-year CRG loan facility maturing on 31 March 2020. This follows the term sheet concluded with the BNZ which ... More >>

Infratec To Deliver Ground-breaking Community Energy Project

Monday, 23 March 2020, 10:56 am | Infratec

Renewable energy company Infratec has won the contract to deliver a ground-breaking community solar farm project in Ōtaki — a town on a mission to become a net producer of clean energy. The Energise Ōtaki solar farm project will harvest energy from ... More >>

NZ Business Seeks Certainty On Further Economic Support

Monday, 23 March 2020, 10:50 am | Business NZ

The BusinessNZ Network and The New Zealand Initiative are encouraging the Government to go further with its economic support package, saying the support package announced last week was the right first step and was greatly appreciated but needed to go further. ... More >>

Bell Gully And Buddle Findlay Share Two Accolades At Client Choice Awards 2020

Monday, 23 March 2020, 10:26 am | Bell Gully

Bell Gully and Buddle Findlay are delighted to have jointly won two categories at the Client Choice Awards 2020 last week – the only New Zealand law firms to be recognised. The firms were named winners in both Best Professional Services ... More >>

100% Support For Organic Products Bill’s 1st Reading

Monday, 23 March 2020, 10:12 am | Buy Pure

New Zealand’s Organic Products Bill passed its first reading on Thursday 19 March 2020 with full support from all political parties. This signals the advancement of the Bill to the select committee stage where the details and impacts of the Bill ... More >>

MYOB Urges Businesses To Take Cyber Security Seriously

Monday, 23 March 2020, 9:29 am | MYOB

Tech industry leader says local businesses need to seriously consider security when moving to new operating models, including working from home Local businesses, especially small and medium sized enterprises, will need to focus on security if they are to ... More >>

More Power From The Same Water”: Mercury Mega Project Celebrates Major Milestone

Monday, 23 March 2020, 9:09 am | Mercury Energy

23 March 2020 – A $67 million project on Mercury’s Whakamaru power station has future proofed the station and increased output by over 20% (from 100MW to around 124MW) – enough to power an additional 12,700 electric vehicles. · $67 million ... More >>

What A Difference A Week Makes In The Pandemic World

Monday, 23 March 2020, 8:28 am | Make Lemonade

What a difference a week makes in the current coronavirus world, NZ Health IT (NZHIT) chief executive Scott Arrol says. The key boost for tech health was contained in the government’s economic package last week with a $20 million for telehealth to ... More >>

Helping Kiwi Retailers Battle Through

Monday, 23 March 2020, 8:11 am | Paymark

With the retail sector coming under intense pressure and a lengthy period of economic uncertainty looming, Paymark is helping small retailers better understand how their business is tracking in real time. Paymark Insights is a revolutionary way for retailers ... More >>

Cariuma Pushes The Footwear Envelope Forward Using Thoughtful Design

Monday, 23 March 2020, 7:10 am | Its Liquid

I am excited to introduce you to Cariuma - a remarkable sneaker company founded by two former industry execs who put people at the center of their mission. The founders saw a gap in the market for comfortable, good-looking, good-for-the-earth footwear ... More >>

KiwiRail Makes Changes To Services In Response To COVID-19

Monday, 23 March 2020, 6:55 am | KiwiRail

“KiwiRail is suspending its three tourist trains as part of the response to COVID-19,” says Group Chief Executive Greg Miller. “Tomorrow’s TranzAlpine, Northern Explorer and Coastal Pacific trains have been cancelled and the services will remain suspended ... More >>

Commerce Commission Approach To Essential Goods And Services Business Cooperation

Sunday, 22 March 2020, 5:05 pm | Commerce Commission

The Commerce Commission welcomes the Government’s Policy Statement today in relation to maintaining confidence in the market for essential goods and services such as grocery products. Chair Anna Rawlings said following the Government’s announcement, ... More >>

Mt Ruapehu To Close For Remainder Of The Summer Season

Sunday, 22 March 2020, 3:56 pm | Mt Ruapehu

RAL CEO Jono Dean – Yesterday the New Zealand government announced new alert levels for COVID-19 and placed the country on Alert Level 2. This means cutting non-essential domestic travel. Our tourism operation is located in a relatively remote part of ... More >>

Disruptions To Go Bus Service

Sunday, 22 March 2020, 3:03 pm | Go Bus

The Government advice for people to stay home who are over 70, or who have a pre-existing medical condition, affects a number of Go Bus drivers. Therefore there will be an impact to bus services, with some services unable to run. The extent of this disruption ... More >>

Kiwi Businesses Flock Together To Soften COVID-19’s Blow

Sunday, 22 March 2020, 1:27 pm | Grow NZ Business

Kiwi business advisory group, Grow NZ Business, has moved swiftly to provide support and assistance to kiwi business owners navigating the COVID-19 pandemic. With heightened levels of concern among kiwi businesses, Grow NZ Business founder, Jamie Farmer, ... More >>

Public Access Changes At Auckland Airport International Terminal And Two Hours Free Parking

Sunday, 22 March 2020, 11:35 am | Auckland Airport

Auckland Airport have introduced temporary passport checks at the doors of the international terminal in order to help manage social distancing in public spaces. From 10am, Sunday 22 March 2020, only travellers with a valid passport will be able to access the international ... More >>

Property Remains An Attractive Safe Haven

Sunday, 22 March 2020, 11:30 am | Century 21 Real Estate

By Derryn Mayne – Owner of Century 21 New Zealand The medium to long-term impacts of the global Covid-19 outbreak remain unclear. We’re being told to brace for a significant economic shock, the global share market has been in freefall, and we’re ... More >>'s Immediate Action In Response To COVID-19 Alert Level 2

Sunday, 22 March 2020, 11:26 am | ServiceFinder decided to take immediate action as the New Zealand Government announced COVID-19 Alert Level 2 to reduce risk of contact with the virus and "Workplaces to implement plans to reduce person-to-person contact, including work from home where ... More >>

Broad Range Of Retailers Providing Essential Goods

Saturday, 21 March 2020, 2:20 pm | Retail NZ

Retail NZ is urging the Government to consider the broad range of retailers who provide essential goods to help Kiwis get through the distruption of the Covid-19 crisis. “Supermarkets, petrol stations and pharmacies have an obvious critical ... More >>

Vodafone NZ Asks Customers To Use Digital Channels First During COVID-19

Saturday, 21 March 2020, 2:05 pm | Vodafone

In a time of heightened internet connectivity needs, Vodafone New Zealand is asking customers to turn to digital customer service methods wherever possible to reduce the reliance on call centre staff. More >>

NZDIA Update

Saturday, 21 March 2020, 1:49 pm | NZ Dairy Industry Awards

Statement from New Zealand Dairy Industry Awards Executive Deputy Chair, Rachel Short: “Since announcing the cancellation of the four remaining regional awards dinners, a NZDIA Covid-19 committee has been working to ensure those regional winners ... More >>

UK Job Furlough Scheme Should Be Copied In NZ

Saturday, 21 March 2020, 1:43 pm | Tourism Industry Aotearoa

Tourism Industry Aotearoa is urging the New Zealand Government to take a close look at the latest business and job support measures announced by the UK Government. UK Chancellor Rishi Sunak has announced a plan to protect people’s jobs and incomes. ... More >>