Salesforce the latest tech giant to ditch the office

Salesforce has become the latest US tech giant to take a radical approach to where staff can work, following the likes of Facebook and Microsoft. Read More The tech issue that could hold up NZ's vaccine rollout In a blogpost... Source: NZ Herald Business News

By | February 10th, 2021|Business|0 Comments

Top law firm Bell Gully names three new partners for 2021

One of New Zealand's big three law firms has named a specialist banking and finance lawyer and two senior litigators as new partners.Along with the new partners, Bell Gully, which is headquartered in Auckland, also announced five... Source: NZ Herald Business News

By | February 10th, 2021|Business|0 Comments

Reserve Bank Boss Adrian Orr warns MPs of debt-to-income risks for first home buyers

Reserve Bank Governor Adrian Orr is refreshing his calls to the Government to give the bank more tools which could be used to tame the housing market. But he has suggested that the Government's decision around giving the central... Source: NZ Herald Business News

By | February 10th, 2021|Business|0 Comments

ASB half year profit down 1pc to $614 million

ASB's cash net profit dropped just 1 per cent or $6 million to $614 million for the six months to December 31.The bank's operating income rose 1 per cent to $1.404 billion while its expenses were up 3 per cent to $521m. Read... Source: NZ Herald Business News

By | February 9th, 2021|Business|0 Comments

Next Rocket Lab launch: satellite for US Missile Defence, moon prep

Rocket Lab's next launch will carry another military payload, and see further refinement of the 'Photon' platform that will help ferry a NASA satellite to the moon later this year.The payload for the "They Go Up So Fast" mission... Source: NZ Herald Business News

By | February 9th, 2021|Business|0 Comments

'The Govt must address water rights': Iwi appeals against Otakiri Springs bottling plant decision

By Neryda McNabb, Local Democracy Reporter The fight to prevent a water bottling plant expansion near Whakatāne is far from over, with iwi seeking to appeal against a recent High Court decision dismissing their opposition to... Source: NZ Herald Business News

By | February 9th, 2021|Business|0 Comments

Fashion giant H&M to close seven stores across Australia

Swedish retail giant H&M is reportedly looking to close as many as seven of its Australian stores in the latest blow to the battered local fashion industry.According to The Australian, the retailer is looking to shutter up to 15... Source: NZ Herald Business News

By | February 9th, 2021|Business|0 Comments

Crown Resorts not suitable to operate Sydney casino, inquiry finds

A probe into Crown Resorts has recommended the embattled gaming giant should be denied a Sydney casino licence, in a crippling blow to its A$2.2 billion ($2.3b) Barangaroo project.The NSW Independent Liquor and Gaming Authority... Source: NZ Herald Business News

By | February 9th, 2021|Business|0 Comments

Air New Zealand contract with Saudi military has been terminated – CEO Greg Foran

By RNZ Air NZ chief executive Greg Foran has confirmed the contract and work on engines for Saudi military has been terminated.The prime minister has ordered the Ministry of Foreign Affairs to investigate whether Air New Zealand... Source: NZ Herald Business News

By | February 9th, 2021|Business|0 Comments

RBNZ says partner Accellion kept it in the dark about data breach

The Reserve Bank was kept in the dark for a crucial five days about a December data breach, Governor Adrian Orr says - contradicting its technology partner's version of events.The incident - which saw sensitive data stolen - involved... Source: NZ Herald Business News

By | February 9th, 2021|Business|0 Comments