Markets

The country's biggest fuel retailer, Z-Energy, has reported a large full year loss after large asset write downs and costs of the Covid-19 pandemic.

Andrew McRae has business. Audio

The slump in tourism and broader economy has forced the deferral of a luxury hotel development in downtown Auckland.

Andrew McRae has business. Audio

A large scale government backed social housing programme is being put up not only to address growing demand but also to support the building industry during the covid-19 economic crisis.

Andrew McRae… Audio

The labour market was in reasonable shape before the Covid-19 pandemic hit. Official numbers show unemployment was a seasonally adjusted 4-point-2 percent in the three months ended March up from 4… Audio

Westpac is budgeting for a big rise in costs and bad debts because of the Covid 19 virus as its first half profit slumped by nearly 50 percent.

Gyles Beckford has business. Audio

If the cruise industry sinks due to Covid-19, journalist Zachary Crockett will have limited sympathy for the big companies. Crockett decided to dive into the industry and found some questionable facts… Audio

Consumer confidence has fallen to its lowest levels since 2008 when the Global Financial Crisis hit and it is predicted to get worse.

Andrew McRae has the business news. Audio

The country's biggest bank has reported a sharp fall in first half profit as its costs increased and it put aside more for the negative impact of the looming economic downturn.

Andrew McRae has… Audio

The supermarket property owner, Investore Property, is looking to raise a 100-million dollars through a share issue, to expand its portfolio.

Andrew McRae has the business news. Audio

The building products company Steel and Tube is making up to 200 of its staff redundant, in response to the Covid-19 crisis and ongoing downturn in the economy.

Andrew McRae has business. Audio

Fonterra says it's too early to predict what effect covid-19 may have on next season's milk price.

Andrew McRae has the business news. Audio

Banks in New Zealand have offered relief to small business customers totalling 22-billon dollars so far as a result of Covid-19.

Andrew McRae has the business news. Audio

The pandemic has helped boost income for A2 Milk as customers stock up on the speciality milk products and travel restrictions bring down overhead costs.

Andrew McRae has sport. Audio

The Reserve Bank is looking at removing the limits on loans to low-deposit borrowers.

Andrew McRae has business. Audio

As you may have heard in the news, the latest inflation numbers have surprised to the upside.

Andrew McRae has the business new. Audio

Two-thirds of retailers haven't paid their rent this month, and almost half of commercial rents overall are still due.

Andrew McRae has the business news. Audio

The cinema software company, Vista Group, is the latest to tap its shareholders for new finance to beef up its balance sheet to counter the Covid-19 pandemic.

Andrew McRae has the business news. Audio

The media company NZME is likely to keep pursuing its planned merger with Stuff, but a media commentator says consolidation is probably just a band-aid fix.

Andrew McRae has the business news. Audio