Staff at one of NZ's iconic firms are taking pay cuts - where does that leave others?
The implications of the nationwide lockdown are just beginning to dawn on many Kiwis.
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Latest fromEconomy
Peter Lyons: Understanding an economic freefall
Comment: How a 'back to basics' approach can pull NZ out of an economic nosedive.
A fifth of central NZ businesses have no contingency plan
'It's frightening, in some ways you'd say is it a bit Kiwi? You know, she'll be right?'
Can my boss cut my pay due to Covid-19? Lawyer responds
Twelve of the biggest wage subsidy questions answered.
Editorial: Great divide in Anzac Covid-19 response
EDITORIAL: Covid-19 coronavirus poses an economic quandary - to fuel or dampen the fire.
Coronavirus: Hotel workers' wages cut to $585 a week
Hotel workers are being asked to work for only the $585 a week state subsidy.
How to invest in the bear market - winners and losers
The investing landscape just changed radically; Pie Funds CEO Mike Taylor on how we adapt.
Liam Dann: Minimum wage rise means more effort needed to keep firms afloat
The Government forged ahead with minimum wage rises today, will it help or hurt recovery?
Pattrick Smellie: Grief, worry, bewilderment - now comes the hard part
The Government needs a decision-making framework for the longer term.
Gavin Evans: Virus plan must protect economy and lives
COMMENT: The Government should have a little more faith in the public, writes Gavin Evans.
Big Read: Donald Trump's chaotic coronavirus crisis
Fixated on re-election, the president has struggled to respond to the crisis
New forecast: NZ economy set to contract by 6 per cent in 2020
However, much depends on the duration of the shutdown.
Pay wage subsidy and keep employing staff Govt tells businesses
Government announces tweaks to employer wage subsidy.
Half-million infected as global economic toll rises
Global efforts to flatten the curve of COVID-19 brings economic damage into acute focus.
Economist warns 200,000 Kiwi jobs could be lost due to coronavirus
One said economic damage could be far greater than Global Financial Crisis.
ANZ Investments to vote against Vital Healthcare restructure
The current environment makes the requirements of the deal difficult.
Coronavirus: Workers in essential services say they feel unsafe
Companies flouting lockdown rules could suffer lasting reputational damage, expert says.
Lockdown angst: How to survive working from home with kids
So you've got some new "helpers". Here's how to manage them and still get some work done.
Wall Street on track for first back-to-back gain in six weeks
This comes off the back of the US$2 trillion deal signed off by Washington.
S&P: China now a bright spot as US outlook darkens
China's economy shrank dramatically the first quarter but is moving into recovery.
'A lot of countries have spent their bullets, we haven't' - economist
ANZ chief economist Sharon Zollner says NZ is in a good position to weather the storm.
Employers told: 'Do your utmost to avoid redundancy'
Employment lawyer says buying staff loyalty will be crucial to business recovery.
QE Explainer: RBNZ move signals new era for economy
The Reserve Bank draws on New Zealand's collective wealth to stabilise money markets.
Anger erupts as Republicans and Democrats fail to end bailout stalemate
American politicians can't agree on how US$2 trillion should be spent.
The Federal Reserve has gone well past the point of 'QE infinity'
Financial Times: New measures extend a post-Lehman crisis legacy.
Working from home: The best video chat solutions and tips
What companies are picking. Plus: top tips for better video conferencing.
Holy videocall: Batman pops in to bring smiles amid Coronavirus news
Caped Crusader popped up during Vodafone video call to bring joy after coronavirus news.
Peter Lyons: Govt rescue package is too cumbersome and slow
Comment: Immediate mortgage and business debt breaks would be a better approach.
Wage subsidies could be broadened if NZ hits alert level three
If Covid-19 alert level goes up, Government's response almost certain to broaden.
Reserve Bank beginning GFC-era $30b spending spree
The RBNZ will begin a quantitative easing programme for the first time in NZ's history
$30b buy: Reserve Bank's emergency move to keep interest rates low
"The programme aims to provide further support to the economy."
How our cafes and bars are adapting to Covid-19
Local hospitality businesses remain open in the face of the Covid-19 pandemic.