Latest News

Sunday, 29 March 2020

Latest News

Summary Of Exemptions From The Takeovers Code To Address COVID-19 Impact
18:16 | 28/3/20

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»
Business Must Pass On Full Wage Subsidies, Extra Measures Applauded
15:44 | 28/3/20

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»
Mitre 10 MEGA Pitches In To Help Out Wellington Night Shelter
12:13 | 28/3/20

Scoop
Communal living in the Wellington Night Shelter has just been made safer for its regular residents who need to be in self-isolation – thanks to a mega helping hand from local businesses. The communal set-up at the Wellington Night Shelter meant ... more»

BNZ Home Loan Deferments Applications Available Now
11:23 | 28/3/20

Scoop
Bank of New Zealand (BNZ) has announced today it is ready to accept applications for home loan repayment deferment from its customers. The scheme, announced yesterday by Finance Minister Grant Robertson, has been developed in conjunction with the Government, ... more»
EMA Applauds Extra Measures To Keep People In Work
19:00 | 27/3/20

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
17:21 | 27/3/20

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»
Advice On Tenants Moving Properties During COVID-19 Lockdown
16:57 | 27/3/20

Scoop
“If parties must move in extreme circumstances, they must exercise extreme caution, follow Ministry of Health guidelines and follow the Alert System when moving,” says Tenancy Services Information and Education Manager Jennifer Sykes. “If parties ... more»
Employers Urged To Act In Good Faith During COVID-19 Crisis
16:12 | 27/3/20

Scoop
Equal Employment Opportunities and Women’s Rights Commissioner Saunoamaali’i Karanina Sumeo has called on employers to act in good faith when accessing available schemes by the Government. Concerns have been raised by unions that some employers ... more»
Statement Of Issues Released For Mylan N.V./Upjohn Inc. Clearance Application
16:04 | 27/3/20

Scoop
The Commerce Commission has published a Statement of Issues relating to an application from Mylan N.V. (Mylan) and Upjohn Inc. (Upjohn) seeking clearance to merge their global pharmaceutical businesses. The Statement of Issues outlines the Commission’s ... more»
BNZ Supports Over 70s With Dedicated Phone Team
15:54 | 27/3/20

Scoop
Bank of New Zealand (BNZ) announced today it is supporting customers over the age of 70 with a dedicated phone support team offering shorter wait times and specialised service. BNZ Chief Customer Officer, Paul Carter, says, “This is another way we’re ... more»
New Zealand Air Traffic Controllers Volunteer To Defer Pay Increase
15:51 | 27/3/20

Scoop
Airways New Zealand has accepted an offer from its air traffic controllers to defer a planned pay increase in response to the COVID-19 outbreak and its impact on the aviation sector. New Zealand’s 371 air traffic controllers were due to receive ... more»
Stokes Valley Entry-level Investment Retail Plus Surplus Land Placed On The Market For Sale
15:10 | 27/3/20

Scoop
A strip of four retail premises collectively known as Valley Entrance Shops in the Lower Hutt suburb of Stokes Valley, have been placed on the market for sale with the added drawcard of bare land to the rear of the shops which holds development ... more»
New Zealand COVID-19 Lockdown: Everything Employers Need To Know
14:42 | 27/3/20

Scoop
New Zealand entered a minimum four-week government ordered lockdown as of midnight Wednesday March 25. The alert level 4 restrictions, the highest in the country’s history, means only businesses and services deemed to be essential, i.e. supermarkets, ... more»
Banks Offer Six Month Mortgage Repayment Deferrals
13:08 | 27/3/20

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»
Enable Will Maintain Critical Fibre Broadband Services Through The Lockdown
13:06 | 27/3/20

Scoop
Christchurch fibre broadband network provider, Enable, is fully prepared for continuing to deliver essential fibre broadband services to the greater Christchurch community now that the Government’s COVID-19 Alert Level 4 provisions have taken effect. ... more»

Global Indices

Code	Last	Change
COMP	7,951	1,688	17.51%
DJI	23,851	5,425	18.53%
SP500	2,747	611	18.20%
DAX	13,466	236	1.78%
FTSE	7,488	5	0.07%
NI225	22,420	408	1.86%
TWI	67.93	0.00	0.00%

Code	Last	Change
EURUSD	1.144	0.052	4.74%
NZDUSD	0.6358	0.0042	0.66%
AUDUSD	0.6606	0.0108	1.61%
NZDAUD	0.9610	0.0078	0.82%


Email Address:

	Weekly Newsletter
	Daily Market Report
	Daily Forex Report
	Daily Global Report

15:44	Business Must Pass On Full Wage Subsidies, Extra Measures Applauded
18:16	Summary Of Exemptions From The Takeovers Code To Address COVID-19 Impact