Business Scoop

Lifewise Workers Continue Strike Action Despite Lockout Threat

Press Release – Etu NZ

Lifewise homecare support workers are continuing their fight for better working conditions, even as they now face a possible lockout from their employer in response to their strike action and pickets. From Saturday, members will be going ahead with … Read more »

Auckland Transport Progresses Second Stage Of Safer Speeds

Press Release – Auckland Transport

Auckland Transport (AT) will soon start investigating the speed limits of the next group of high-risk roads across the region, to be consulted on with Aucklanders. Investigations for the second stage of ATs Safe Speeds programme were given the … Read more »

Oceania Records Increase In First Half Unaudited Underlying EBITDA

Press Release – Oceania Healthcare

Oceania Healthcare, Aged Care and Retirement Village Operator and Developer, announced today an unaudited half year underlying earnings before interest, tax, depreciation and amortisation (EBITDA) of $35.4 million for the six months ended 30 November 2020, … Read more »

Big Push On Auckland Rail Replacement

Press Release – KiwiRail

Trains will not run on the Eastern line, between Britomart and thuhu for the next two weeks as KiwiRail finishes work to replace worn rail on this important passenger and freight line. Last year, the line was temporarily closed for four weeks while … Read more »

Safety Improvements Save Lives On SH1 South Of Whangārei

Press Release – NZTA

Safety improvements on State Highway 1 south of Whangrei are proving their value and saving lives, says Waka Kotahi NZ Transport Agency. Centreline bollards were installed in June 2018 on the 10km stretch of SH1 between Toetoe Road and Springfield … Read more »

Reserve Bank Of New Zealand Making Good Progress On Addressing Data Breach

Press Release – Reserve Bank

The Reserve Bank of New Zealand Te Ptea Matua investigation into the malicious illegal breach of a third-party file sharing application has significantly progressed. Governor Adrian Orr says the investigation remains the Banks highest priority, … Read more »

Why Do Cyclists Ride In The Middle Of The Road?

Press Release – Cycling Action Network

Cycling advocates are welcoming new advice from the Transport Agency on safe cycling. “Cyclists hate it when drivers pass too close. That’s scary and dangerous,” said Patrick Morgan from Cycling Action Network. “So it’s encouraging to see … Read more »

Cost Of Living Rising For Poorest Households

Press Release – New Zealand Council of Trade Unions

The Council of Trade Unions is warning that the Consumer Price Index (CPI) figures out today illustrate that the cost of living is increasing disproportionately for those on lower incomes; resulting in the poor getting poorer. CTU Economist Craig … Read more »

Statement Of Preliminary Issues Released For Can Plan / Nelmac Clearance Application

Press Release – Commerce Commission

The Commerce Commission has published a statement of preliminary issues relating to an application from Can Plan Nelson Limited (Can Plan) to acquire certain assets of Nelmac Limiteds (Nelmac/s) waste collection business, which trades as Betta … Read more »

Finance Minister Fiddles While Housing Market Burns

Press Release – New Zealand National Party

The Minister of Finance is taking far too long to put a lid on rising house prices, Nationals Shadow Treasurer Andrew Bayly says. Grant Robertsons announcement that he will respond later this year to the Reserve Banks suggestions for more … Read more »

2021 Will Redefine The 21st Century – Accenture Report

Press Release – Accenture

As the Covid-19 crisis redefines how economies and society as a whole function, human ingenuity has sparked a wave of innovation set to be the blueprint for the decades to come, according to a new report from global professional services firm Accenture. Read more »

Mercury Quarterly Operational Update

Press Release – Mercury

Three months ended 31 December 2020 HYDRO GENERATION FLAT, LAKE TAUPO STORAGE LIFTED PRIOR TO SEASONALLY LOW INFLOW PERIOD Mercury’s hydro generation for the quarter was flat versus the prior comparable period as Mercury lifted hydro storage leading … Read more »