'Second wave' of job losses coming - here are 14,000 already gone
With cuts affecting low paid workers, the next wave will creep 'higher up the food chain'
AdvertisementAdvertise with NZME.
Latest fromEconomy
The pandemic papers: The inside story of how NZ faced down Great Depression 2.0
Grant Robertson talks of struggling against the biggest economic calamity in a generation.
Editorial: Debt remains a threat to economic recovery
We say: The Reserve Bank has reassured on financial stability but some big risks remain.
Almost 90 jobs go from licensing trust
ILT said they're unable to retain its full quota of staff because of Covid-19.
Redundancies pitting workers against each other
One hotel has offered half of its remaining jobs to work visa holders.
Comment | Only domestic investment can raise our economic fortunes
Comment: 'Rich-nation status or quaint economic backwater. Its our choice.'
Job security slumps as new survey maps financial confidence
A new survey shows that Covid-19 delivered an unprecedented hit to financial resilience.
Campaign urges Kiwis to buy a job
Lockdown will have resulted in some Kiwis reassessing their work priorities.
Concerns Govt lacks vision for Māori economy post-Covid
The pandemic has hurt many Māori businesses and critics say there is no plan to help them.
Australia handling Covid consequences better than NZ: PM's advisory council
The Business Advisory Council has delivered a cutting message to PM Jacinda Ardern.
Four-day work week: Jacinda Ardern floats new idea for post-Covid NZ
Prime Minister Jacinda Ardern stresses a need to be 'open minded' about options.
Neal Barclay: Renewable energy can power recovery
Comment: Renewable generation projects need to be pushed through the planning process.
MYOB cutting up to 130 jobs, boss sees 'artificial economy'
CEO weighs in on wage subsidies.
'Greatest shock in living memory': Bay could lose 14,550 jobs
The report provides an overview of the anticipated economic impacts of Covid-19 on the Bay
NZ mortgage rates need to fall further, says Reserve Bank
Mortgage rates have come down but there's still scope to move lower, says Bascand.
Workers laid off as water restrictions follow Covid-19 shutdown
'Covid-19 hurt my business. Water restrictions killed my business.'
Poll results: Love working from home? You're not alone
Find out how New Zealanders felt about working from their kitchen, bedroom, or lounge.
Milford expert on Budget 2020: 'It's how, not how much'
Budget opens potential, but implementation will determine success, writes Mark Riggall.
'Massive bankruptcies' in two-year global meltdown: expert
Covid-19 is set to have a long-term impact on the economy.
Budget 2020: Business leaders say where the Govt got it right
The Covid recovery fund gets the thumbs up from executives surveyed
Workers distraught after restaurant chain lays off 150 despite wage subsidy
Good Group says pandemic has decimated business, and it kept as many staffers as it could.
Mary Holm: Invest or pay off the mortgage? The balance is changing
With mortgage rates so low, wouldn't it be better to put your money into a share fund.
Mary Holm: Should I stick with the market through its ups and downs?
Ride the wave — wherever it takes you.
Budget 2020: Economists deliver post-Budget hangover
While broadly supportive of the Budget economists are wary of high debt and rosy forecasts
NZ shares edge lower as investors digest QE, Covid fund
The S&P/NZX 50 Index fell 14.48 points, or 0.1 per cent, to 10,730.68.
Thomas Pippos: It's the economy stupid!
The Government dodged rather than addressed the tax bullet.
Budget 2020: Unemployment seen peaking at 9.8% in September
The economy faces a relatively short and very sharp recession over coming year.
Wall Street shares plunge: Jerome Powell issues warning
The Federal Reserve Chair has warned about the threat of a prolonged recession.
So, you're back at work - the rules you need to know
Offices won't be quite the same for returning workers.
Editorial: Budget 2020 must focus on survival
Editorial: Shape of recovery important but Budget needs emergency support measures.
Reserve Bank leaves door ajar for negative NZ interest rates
RBNZ holds official rate at 0.25 pct but asks lenders to prepare for a shift below zero.
Liam Dann: Welcome to world where $60b buy-up is no surprise
The Reserve Bank has doubled down.