My Food Bag has been the poster child of the ever-popular meal-kit game since it first began trading in 2013. Now that it’s heading to the stock market, investors are lining up to get in on the action. What’s all this then? New Zealand’s longest-running meal kit delivery company, My Food Bag, has been in … Read more
A global pandemic may still be raging, but those who must travel abroad to help suffering loved ones should be shown empathy and understanding, writes Rebecca Howard for BusinessDesk. We pat ourselves on the back for dodging the Covid-19 bullet. We are vaguely smug as we head to the beach, to restaurants, summer barbecues and … Read more
High-profile and controversial figures often use PR consultancies and the media to help clean up their public perception. But as Pattrick Smellie of BusinessDesk reports, it can easily go the other way. Every journalist loves an exclusive scoop. So much so that last weekend, the country’s main rival news publishers, NZME and Stuff, both published … Read more
With new strains of Covid-19 bearing down on our shores, Pattrick Smellie of BusinessDesk looks at the challenges 2021 has in store, and what can be done to prepare. In the three weeks that New Zealanders have been at the beach and ignoring Covid tracer app sign-ins, the threat of Covid-19 has grown exponentially. Where … Read more
New Zealand’s supply of vaccines to the Pacific may cap a critical role in the region’s rising geopolitical tensions, writes Pattrick Smellie of BusinessDesk. Last week’s announcement New Zealand has secured enough vaccinations not only for its own population, but for Pacific Island “neighbour” nations, is significant for more than just the fact that we have a … Read more
Real estate firms are hanging on to millions in wage subsidies despite a red-hot housing market recovery since June, reports Brent Melville of BusinessDesk. Three of the country’s leading realtors — Harcourts, Bayleys, and Barfoot & Thompson — claimed a combined $8 million in wage support for more than 1,000 employees when pandemic-induced lockdowns were … Read more
Despite recent hiccups, the Green Party still appears to be gaining votes. However, these may be coming from the Labour faithful, writes Pattrick Smellie for BusinessDesk. Three weeks out from polling day, and just five days before the start of early voting, Labour Party strategists might be expected to be feeling pretty confident. Poll after … Read more
With the past few weeks yielding some serious government botch-ups, the lead up to the election is going to be fraught with blame, frustration and needless cries of conspiracy, writes Pattrick Smellie of BusinessDesk. As of this morning, Monday August 31, there are just under seven weeks to go to polling day, assuming the election … Read more
New Zealand’s Covid-19 lockdowns triggered intense panic buying of flour, toilet paper and canned foods. In response, one of our largest grocery companies decided to cut its product range, writes Rebecca Stevenson for BusinessDesk. Foodstuffs’ store owners have narrowed the range of products sold as a result of the nationwide Covid-19 lockdown. Foodstuffs North Island … Read more
A comprehensive proposed shake-up of the Resource Management Act has gained support from the business community and multiple parties. Pattrick Smellie of BusinessDesk reports on what it might involve. After 29 years of argument and increasing complexity, the Resource Management Act needs to be split in two and the overlapping patchwork of competing of regional … Read more
While banks predict house prices will still fall, by how much depends on a number of factors – including location, reports Brent Melville for BusinessDesk. Banks are being less than apocalyptic on their expectations for a post-Covid housing market correction, which could be as low as 5%, although they warn of potentially significant regional variations. … Read more
Good morning and welcome to The Bulletin. In today’s edition: National promises heavy crackdown on gangs, combined announcement puts ECE pressure on govt, and Samoa measles outbreak gets worse. National have set clear daylight between themselves and the government in their latest policy discussion document. The law and order policies are aimed at creating an overall … Read more