Garage Club creators say the inventory will ‘far exceed’ the value of the building.
European Central Bank announces €750b asset purchase programme
Operators are shutting down and laying off staff as they plead with the government for support.
Companies get extra time to file accounts, capital raising made easier.
Digital exports topped $2.1b in 2019, having almost doubled since 2017.
Discounted rights issue seen as likely.
As visitors vanish, the accommodation sector is asking for targeted help to survive.
An Air NZ bailout remains under wraps.
Pokeno plant provides supply boost but legal issues remain.
Forsyth Barr analyst Andy Bowley said it’s an “airline Armageddon.”
