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New Zealand has reported a record-low unemployment rate in the December quarter, according to Stats NZ, which the government attributed to its “interventions” on employment. Unemployment rate in New Zealand fell to 3.2% in the December quarter, down from the 3.3% in the September quarter. It is the fifth-equal lowest in the Organisation for Economic […]
Latest research into New Zealand’s premium ice cream industry suggests that exporters could find new buyers in valuable overseas markets including China as consumers increasingly look for tip-top quality in food. The new research finds scope to expand ice cream exports to Australia, Asia, and the UK. It suggests premium ice cream could potentially follow […]
A falling New Zealand dollar may bring more costs than benefits to the economy. The currency has fallen more than 8 percent over the past three months against the US dollar, and has been settling around a 15-month low at 65.3 US cents. The Reserve Bank’s preferred currency measure, the trade weighted index – a […]
Mounting skills shortages and ongoing supply chain disruptions are among the key challenges creating headaches for company directors. The Institute of Directors (IoD) and the ASB Bank’s annual survey found that nearly 60 percent of its members were still dealing with the negative effects of the pandemic on their organisation’s performance. The key concern for […]
Small firms are ramping up ICT spending as they shift more business online because of Covid-19. Research from accounting software firm Xero shows information and communications technology spending has increased 25 percent compared to pre-pandemic levels. The growth is higher than Australia and the United Kingdom. Xero New Zealand and Pacific Islands managing director Craig […]
New Zealand managers are falling short of expectations, with most workers giving high marks to their social interaction with colleagues and a failing grade to their managers. Business culture expert Shane Green recently surveyed 800 New Zealanders about their experience at work and found that the social aspects of a job are highly valued. “More […]
Fleeing Auckland lockdowns to open a café with a Korean twist in South Waikato was a gamble that’s paying off for Eddie Chae and MG Jung. Lumberjacks Coffee Roastery in Tokoroa’s Bridge St offers a rare blend of Wellington based L’affare coffee and cabinet food such as sandwiches featuring the traditional marinated beef dish Bulgogi, […]
Hamilton City Council has signalled its visionary project, “Victoria on the River” to be an anchor development for the city’s future. The Council is seeking formal expressions of interest from developers who would work in partnership to transform the 2017 square metre site at 242-266 Victoria Street. Currently there are two existing buildings which are […]
Whilst the release of Samsung’s new Galaxy S22 mobile device is on schedule, there are rumours that due to an outbreak of Covid-19 in a Samsung production centre there could be a delay for the release of the Galaxy Tab S8. YouTuber, “Super Roader” has advised that eleven staff members in the R5 Tower of […]
Ashburton’s CBD has received a multi-million dollar face lift, however planned celebrations for the opening of the new look town centre are on hold until it is safer to do so. The Ashburton City Council spent $15 million transforming the town centre which is approximately 95 percent complete. Covid-19 restrictions have delayed the formal ribbon […]
