New Zealand is in a unique position to set the benchmark for global tourism’s road to recovery - but a new research report also paints a realistic picture of Covid-19’s blow to the hotel sector.

The closure of New Zealand’s borders due to COVID-19 has been a knife which cuts both ways, shredding the inbound tourism economy literally overnight while simultaneously slicing through our international travel plans for the foreseeable future.

Local contract manufacturing company ENI Engineering is seeing opportunity for Kiwi companies out of the Covid-19 crisis.

Very early and tentative signs of an effective vaccine against the Covid-19 virus saw risk appetites leap in overnight trading. European and US indices lifted by between 2% and 6%, crude oil jumped more than 10% and bonds and gold fell.

NortonLifeLock’s Online Banking Protection, which provides increased security when performing online banking activities, has added ANZ, ASB, BNZ and Westpac banks and their websites to the service.

Prices paid to sheep and beef cattle farmers and meat manufacturers both fell sharply in the March 2020 quarter, Stats NZ said today.

Following the Government announcement last Monday about the move to Alert Level 2 on Thursday 14th May, bars across the country are preparing to safely reopen from this Thursday 21st May.

Air New Zealand will restart its Wellington-Queenstown route in time for Queen’s Birthday weekend and is also adding additional flights between Auckland and Queenstown.

The airline will resume flying between the capital and Queenstown on 28 May.

As the country emerges from isolation and heads back to work, an employment law and HR expert is urging companies not to make rash decisions when faced with the intense pressure of restructuring and redundancies.

New Zealand’s banks are committing to paying suppliers of goods and services within two weeks. This initiative matches the government’s target for public sector agencies to pay 95% of invoices from New Zealand-based businesses within 10 working days.