E tÅ« union is calling for a ‘Just Transition’ for workers in the wake of Rio Tinto’s announcement it will be closing its smelter at Tiwai Point.

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)

The Real Estate Institute of New Zealand (REINZ) is disappointed that feedback from a range of property professionals has been disregarded in the Final report of the Social Services and Community Committee (Residential Tenancies Amendment Bill) which was released earlier this week.

With New Zealand property developers and investors struggling with a tight credit market and overly-cautious banks, non-bank lending institutions are being called upon more than ever before to get development projects off the ground post-lockdown.

When COVID-19 hit, a health crisis was quickly followed by an economic challenge. Within weeks, New Zealand was in lockdown and life as we knew it was flipped on its head. CBD’s became ghost towns and remote working became commonplace.

Mercury notes Rio Tinto’s announcement to wind-down operations at New Zealand Aluminium Smelters Limited (NZAS) with expected closure in August 2021.

700 new jobs on Auckland infrastructure and related environmental projects will be created over the next year, thanks to a $4.3 million dollar partnership launched this morning by Social Development Minister Carmel Sepuloni and Auckland Mayor Phil Goff, alongside Ministers Jenny Salesa and Willie

Covid-19 has created massive disruption in the US wine industry - New Zealand’s largest wine export market - resulting in lower total sales and significant revenue losses for some US wineries, according to a new report by agribusiness banking specialist Rabobank.

Visa, the global payments company, today announced the arrival of click to pay, a simpler and more secure online checkout experience in New Zealand.

Auckland Business Chamber says it is encouraged by a new, independent and comprehensive report that identifies two fresh and unconventional options to build the port of the future, a national asset, made in the best interests of New Zealand.