Submissions on the replacement to the Holidays Act say millions of dollars will be transferred from workers to employers.
US filing indicates NBR Rich Lister to retain most profitable segment.
Slight drop on NZX50 more a reflection of soft US markets, says economist.
The ASX-listed buyer expects to complete Augusta purchase in September.
Bank profits fall as coronavirus continues to hit customers hard.
Broadcaster also affirms guidance and successfully extends bank facility.
Covid, cost of doing business, and forex exert downward pressure on results.
No flight cancellations but high call centre demand after alert levels ramped up.
Need for lockdown understood but uncertainty could demolish those already struggling, some say.
Investors take a half share in New Zealand’s largest privately owned freight forwarder.