FinData: Weekly Newsletter

This Weeks Top Stories

Business Must Pass On Full Wage Subsidies, Extra Measures Applauded

28 Mar 2020 15:44

Scoop

The Wellington Chamber of Commerce and Business Central is echoing the Government’s call for employers to ensure they pass on the wage subsidies to all their employees. "The vast majority of businesses will be doing the right thing and passing on ... more...

Banks Offer Six Month Mortgage Repayment Deferrals

27 Mar 2020 13:08

Scoop

New Zealand’s retail banks are offering to defer repayments for all residential mortgages for up to six months for customers financially affected by Covid-19. “We know that some customers are already being financially impacted by Covid-19 and have ... more...

EMA Applauds Extra Measures To Keep People In Work

27 Mar 2020 19:00

Scoop

The Employers and Manufacturers Association (EMA) says the extra measures to keep people in work will be a huge relief to businesses across New Zealand, and have saved jobs. Chief Executive Brett O’Riley said the Government’s most recent announcement ... more...

NZ Post Asks All Kiwis To Please Strictly Respect The 2 Metre Rule With Posties And Couriers

27 Mar 2020 17:21

Scoop

As an essential service for New Zealanders, NZ Post’s first priority during the level 4 lockdown is the health, safety, support and wellbeing of our people. NZ Post Chief Executive, David Walsh says, “One issue that has come to the foreground in ... more...

Summary Of Exemptions From The Takeovers Code To Address COVID-19 Impact

28 Mar 2020 18:16

Scoop

On 26 March 2020, the Takeovers Panel announced that it had approved the granting of a suite of temporary class exemptions from the Takeovers Code that are aimed at assisting Code companies in raising capital. These exemptions will apply to capital ... more...