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Daily Market Report
for 7/05/2021
How To Identify – And Avoid – Burnout In Your Work With Clients
07 May 2021 13:02 Scoop
Much of the developed world has, only recently come out of lockdown from the COVID-19 pandemic, and many countries are still in the middle of it (including returning to it) as they battle a second or even third wave. The constraints made necessary by ...  more...
Rainbow’s End Log Flume Ride To Get $1.5 Million Upgrade
07 May 2021 10:21 Scoop
The Log Flume ride at Rainbow’s End Theme Park has closed this week, as a $1.5million refurbishment project begins. The iconic Log Flume is a nostalgic favourite and has been entertaining guests since the Park opened in the 1980s. The ride will be closed ...  more...
UDC Settlement With Commission On Unreasonable Fees
07 May 2021 09:36 Scoop
Finance company UDC Finance Limited (UDC) has entered into a settlement with the Commerce Commission, acknowledging that it charged unreasonable default fees and agreeing to compensate borrowers. UDC provided loans of typically $10,000 or more ...  more...
Global Trade Of Wood Chips Increased By Almost 50% From 2009 To 2020, Driven By Substantial Demand By Chinese Pulpmills
07 May 2021 08:53 Scoop
Global trade of wood chips, which are mainly used by pulpmills, grew from about 21 million tons in 2009 to an all-time high of 35 million tons in 2018. Subsequently, trade declined for two consecutive years to reach just over 30 million tons in 2020. ...  more...
No Positive Outcomes From FPA Proposal
07 May 2021 13:17 Scoop
The EMA says there will be no positive outcomes from the Fair Pay Agreement (FPA) proposal for businesses. Chief Executive Brett O’Riley says the effects of the proposal to Cabinet today on FPAs to standardise conditions across industries or ...  more...
DCANZ Supports Accelerated Negotiation Of A Deal That Removes All Tariffs
07 May 2021 06:57 Scoop
The Dairy Companies Association of New Zealand (DCANZ) welcomes the commitment of New Zealand Trade Minister Damien O’Connor to securing a trade deal with the UK which comprehensively removes agricultural tariffs. Minister O’Connor and UK Trade ...  more...
FPAs Have No Place In Modern Workplace - Canterbury Chamber
07 May 2021 13:15 Scoop
Canterbury Employers’ Chamber of Commerce (The Chamber) Chief Executive Leeann Watson says there is no place for Fair Pay Agreements (FPAs) in the modern workplace, following today’s announcement detailing the introduction of FPAs and a plan to ...  more...
Fair Pay Agreements Should Be Terminated
07 May 2021 13:12 Scoop
BusinessNZ says significant problems with planned Fair Pay Agreements have not been addressed, and the plan to implement them should be terminated. The Government today released the details for compulsory, nation-wide pay agreements to be introduced ...  more...
Aerodrome Flight Information Service To Stay For Milford Sound Piopiotahi
07 May 2021 12:29 Scoop
Airways New Zealand today welcomed the Civil Aviation Authority’s decision that the current Aerodrome Flight Information Service remain at Milford Sound Piopiotahi Aerodrome. In May 2020 Airways launched a review of the air traffic services it provides ...  more...
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