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Business

Incomes better but still a long way to go - CTU survey

The Council of Trade Unions Together 2020 work survey results released today show more people are reporting that their income kept up with their cost of living in 2019 than previously, but there are still significant improvements needed.

Syndex's strong wholesaler database brings funds to record-breaking capital raise

Syndex is becoming a frequent friend to the crowdfunding set, supporting the recent and successful Puro New Zealand raise (medicinal cannabis and CBD-hemp) and less recently to the capital raise of Behemoth Brewing.

Publicised P lab sells above CV at auction

The sale price of a well-publicised former P lab in South Auckland blew all expectations, selling at auction for $880,000 - well clear of its $855,000 2017 CV.

Boxing Day tops busy season for merchants

A merry time was had by shoppers and merchants this year, across the Paymark network. A new peak spend was reached on Friday 20 December and spending over the six weeks leading into Christmas Day was up an underlying 4.6% on last year to $8,887 million.

Whakatāne ‘open for business’

Whakatāne District Council and Tourism Bay of Plenty are encouraging visitors to explore all that Whakatāne and the Bay of Plenty has to offer and support the region over the summer months.

New records set on Christmas Eve - Paymark

Christmas Eve is often one of the busiest shopping days of the year and 2019 is proving to be no different.

While final sales figures are yet to be collated, we are on track to be close to the record figures from Friday of $297.5 million for the day.

Shocked workers learn of immediate Bunnings shutdowns - First Union

Workers at two Bunnings retail stores; Waikanae and Te Aroha, learned today that their stores are closing forever on 27 December 2019.

Information about business support for Whakatāne released - MBIE

More detail about the business support for affected businesses in the aftermath of the Whakaari/White Island volcanic eruption in Whakatāne has been released today by the Ministry of Business, Innovation and Employment (MBIE).

Christmas shopping continues apace

Spending through Paymark hit a new daily high last week, reaching $297.5 million through 5.1 million card transactions on Friday 20 December.

Tesla Model X the star performer in latest round of ANCAP safety testing

The updated Tesla Model X has achieved excellent safety scores in the latest round of ANCAP safety testing, in line with the Tesla Model 3 which also achieved high scores earlier in the year.