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Full year profit for the New Zealand-owned bank Kiwibank has halved year on year, as the bank set aside $51 million for bad and doubtful debts in light of Covid-19. Profit for the 12 months to June was $57 million, compared with $108m in 2019. Chief executive Steve Jurkovich said its bottom line was
Update: Road to remain closed overnight – Serious crash, SH6, Makarewa. Two people are in a critical condition, two in serious condition. State Highway 6 near Makarewa will be closed overnight following a serious crash this afternoon. Police were alerted to the multi vehicle crash between Counsell R
The Minister of Health Chris Hipkins and Director-General of Health Dr Ashley Bloomfield will provide an update on COVID-19 at 1.00 pm today. Latest from live stream update: The Ministry of Health has reported five new cases of Covid-19 in New Zealand, three of them are in the community. Director-Ge
The minister in charge of managed isolation facilities Megan Woods says none of the staff there have tested positive, with 97 percent tested. Woods has been speaking alongside head of managed isolation and quarantine Air Commodore Darryn Webb in an update this afternoon. Webb says more than 44,000 p
Community Trust South have today announced the financial results for year ending 31 March 2020. The Trust acknowledges that it has been a challenging time for markets as the NZ and global economies react to COVID-19. “These are certainly unprecedented times for us all and the impact of COVID-19 on o
The Invercargill Licensing Trust is down $7.2 million in the first quarter of the financial year, but hit a record profit of $974,000 from individual businesses in July. Chief executive Chris Ramsay said, in his monthly report, that July benefited from the operation of its remodelled Homestead Resta
Bluff Highway is closed at Greehills overbridge – there is no detour so please avoid the area. Please avoid SH1 near Greenhills due to a crash. Road is blocked, long delays likely.
Minister of Health Chris Hipkins and Deputy Director-General of Health Robyn Shearer are giving an upate on the latest on Covid-19. Watch the 1pm briefing: Live update https://youtu.be/4LUs4gCclqk