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Union decries Fletcher cutting staff pay by up to 70%

"We are simply not able to continue to pay all our New Zealand people" - chief says.

NZ finance company in receivership, $53m in deposits on the line

Financier holding $53 million in term deposits.

How business is trying to survive the pandemic

This one key move might help many businesses stay afloat.

Fran O'Sullivan: Survival and the question of staff

Standing down workers vital to rebuilding could ease the wage bill without losing talent.

BNZ takes a more cautious approach to judging company solvency

"Our obligations to ensure we are lending responsibly don't change', the bank said.

New pics: Air NZ parks up more than half its fleet

Air New Zealand has 58 aircraft parked up at airports.

Air NZ cuts: The mega-trends that will change airline models

No matter how airlines emerge from this crisis operating models may fundamentally change.

Air New Zealand unions plea over job cuts

Pilots, engineers and cabin crew say cuts must not do long-term damage to airline.

Air NZ boss Greg Foran's tips for business leaders

He's never seen anything like it in 41 years - but airline boss has some advice.

Should commercial property tenants pay rent for premises they can't use?

What rent liability for tenants barred from entering premises?

Port of Tauranga announces Covid-19 measures

Port of Tauranga announces coronavirus impact measures.

Metlifecare claims $1.49b takeover deal still on, even with termination rights

"APVG has termination rights" - Metlifecare on takeover deal.

Australians suddenly scrap $180m NZ property takeover

Centuria suddenly terminates Augusta takeover - NZX notice

Air NZ's 'bloody big corporate jet' for just four passengers

Cargo is king as the number of passengers shrinks around the world.

Refining NZ slashes processing as demand slumps

Daily workforce to drop from 600 to about 200 tomorrow.

Time running out for airlines, Air NZ deal praised

Even in its weakened state aviation is transporting doctors, nurses and medicine.