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Recent items from Business News
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Market Update for 19 March 2020
8:29 AM.A brief update on the movements in the financial sector. Read more Audio
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Business News for 19 March 2020
6:53 AM.News from the business sector, including a market report. Read more Audio
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Early Business News for 19 March 2020
6:20 AM.A brief update from the business sector. Read more Audio
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Companies scrap forecasts amidst market volatility
12:26 PM.The market has seen another stream of company updates, as many face big financial hits from the cirus. Audio
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Midday Markets for 18 March 2020
12:22 PM.For the latest from the markets we're joined by Michael Grace from Jarden Securities. Audio
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Air New Zealand extends the suspension of trading
12:20 PM.As you may have heard Air New Zealand has extended the suspension of trading in its shares as it assesses the hit to its finances from the covid-19 virus. Audio
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SkyCity Entertainment has nearly halved its forecast
12:19 PM.Gaming company SkyCity Entertainment has nearly halved its forecast full year profit because of the Covid-19 virus and warned it might be forced to shut all its casinos. Audio
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Fonterra has strong first half, but holds back on payout
12:17 PM.Dairy cooperative, Fonterra, has reported a strong first half profit, but won't be paying an interim dividend given the uncertainty posed by the spread of the Covid-19 virus. Audio
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Market Update for 18 March 2020
8:30 AM.A brief update on the movements in the financial sector. Audio
-
Business News for 18 March 2020
6:53 AM.News from the business sector, including a market report. Read more Audio
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Early Business News for 18 March 2020
6:20 AM.A brief update from the business sector. Read more Audio
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Business briefs
12:25 PM.The ANZ bank is cutting interest rates for commercial, business and agricultural loans and overdrafts by three quarters of a percentage point. Audio
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Midday Markets for 17 March 2020
12:21 PM.For the latest from the markets we're joined by Andrew Austin of Jarden Securities. Audio
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Companies should seek safe harbour in voluntary administration
12:20 PM.Company directors are being told they should be prepared to consider voluntary administration, in the months to come, as New Zealand heads into an economic recession. Audio
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Consumer confidence falls to below average levels
12:18 PM.Consumers confidence has dropped to below average levels because of the Covid-19 outbreak, and economists predict it will only keep falling. Audio
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Warehouse Group makes a strong first half profit
12:17 PM.The Warehouse Group has made a strong first half profit, with an uptick in sales. Audio
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Market Update for 17 March 2020
8:29 AM.A brief update on the movements in the financial sector. Read more Audio
-
Business News for 17 March 2020
6:53 AM.News from the business sector, including a market report. Read more Audio
-
Early Business News for 17 March 2020
6:20 AM.A brief update from the business sector. Read more Audio
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Business briefs
12:25 PM.The NZX stock market operator sees no material impact in response to travel restrictions designed to slow the spread of the Covid-19 virus. Audio
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Midday Markets for 16 March 2020
12:23 PM.For the latest from the markets we're joined by Andrew Austin of Jarden Securities. Audio
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Air New Zealand in a trading halt
12:22 PM.Air New Zealand is a trading halt and Auckland Airport has suspended its earnings guidance, as the aviation and travel industry responds to unprecedented border restrictions. Audio
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Home loan interest rates cut
12:21 PM.All the major banks have cut home loan interest rates in response to the rate cut by the Reserve Bank. Audio
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Services sector activity at lowest level in eight years
12:21 PM.The economic disruption has forced activity in the services sector to its lowest level in eight years. Audio
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Recession now inevitable
12:20 PM.Kiwibank's chief economist says a recession now inevitable and the rate cut is a drastic but necessary move. Audio