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Business

'Record insurance support' for communities

Total weather-related insurance costs have already hit a record high in 2021 at $304.9 m-, beating the previous record, set in 2020, of $274 m. Insured losses are only part of the picture. Taking under-insured and uninsured losses into account, total economic losses may be twice this level.

Living with the Traffic Lights: An update for employers - DLA Piper

In addition to the Government mandating vaccination for approximately 40 per cent of New Zealand workers, many businesses are also either opting to limit entry to their premises to those with a My Vaccine Pass and/or requiring staff be vaccinated as a condition of performing their role.

Christchurch fund manager sentenced for fraud - Serious Fraud Office

A Christchurch fund manager who defrauded investors and caused the loss of more than $80 million has been sentenced to eight years six months imprisonment with a minimum non-parole period of four years three months on charges brought by the Serious Fraud Office.

Exsurgo welcomes Riya Biswas as Postdoctoral Research Assistant

New Zealand neuroscience company Exsurgo has appointed experienced biomedical scientist and researcher Riya Biswas as Postdoctoral Research Assistant.

Apollo Projects appointed to rebuild Naenae Pool

The design and construction of a new Olympic-sized swimming pool in Lower Hutt has been awarded to leading aquatic and sports centre building company, Apollo Projects.

Christchurch Airport establishes its first sustainability linked loan (SLL) facility

Christchurch International Airport Limited (CIAL) has today successfully completed the re-financing of an existing debt facility with Westpac, at the same time converting it into its first sustainability linked loan.

Agriculture continues to anchor the economy - REINZ

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 85 fewer farm sales (-19.1%) for the three months ended November 2021 than for the three months ended November 2020.

Banking Ombudsman says keep watch for scammers over summer

As you put your feet up, keep your guard up for scammers over summer, especially online, says Banking Ombudsman Nicola Sladden. The Banking Ombudsman Scheme has updated their scams quick guide to help keep bank customers alert to increasingly sophisticated scammers.

2021 sentiment survey points to elevated expectations for office return

Nationwide survey of owners, occupiers and employees reveals sense of office nostalgia but work still to be done to cater for modern hybrid workforce

Air New Zealand seeking innovators for next generation aircraft

Air New Zealand wants to get a zero emissions aircraft in the air in the next five years and is calling on traditional aviation manufacturers as well as entrepreneurs and innovators from around the world to help achieve its goal of net zero carbon emissions by 2050.