And Honda posts its first annual loss in 70 years as it shifts EV focus.
Yealands Group CEO says the sale has nothing to do with being unable to pay dividend this year.
Productivity Commission points to Sweden, Israel and Singapore as inspiration.
Industry says if NZ matched Australian incentives, sector could take off.
Optimism for year ahead despite the Covid-19 impact.
Volume and value are up for the sector but supply can constrain growth.
Allianz subsidiary Club Marine announced it would exit the NZ market last month.
Pacific International Insurance ordered to improve compliance systems after repeated failings.
Company says lockdowns halved its parking revenue in April.
Former Auckland Council CEO Stephen Town is leading the biggest reform of vocational training in 30 years.
