Tag: pandemic

Surprising Pay Gap Revealed

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Gendered pay gaps in New Zealand have  shown signs of worsening this year. There has been little improvement since the Covid-19 pandemic. Data shows that that there’s a pay gap of 18% but even gaps up to 20% or 30% are common too. Despite wage increases across the board, the…

Air New Zealand Reports $289M Loss

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Air New Zealand has just reported a pre-tax loss of $307 million and an after-tax loss amounting to $289 million for the financial year ending on June 30. This is based on operating revenues of NZ$2.5 billion that fell by 48% from the previous year. With this announcement came confirmation…

Economy on pause due to lockdown

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New Zealand’s response to the Covid-19 pandemic was praised around the world. However, the new Delta variant of the virus has thrown a spanner in the works. New Zealand entering level 4 lockdowns and the volatility of the strain of virus has thrown some uncertainty into the economy. Although lockdown…
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NZ Tech Sector Growth Hampered by Shortage of Skilled Workers

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The tech sector has delivered many benefits to the New Zealand economy. From creating jobs to boosting growth in weightless exports, the industry has also proven helpful in ramping up the digital transformation of the economy. As per 2019 data, the sector is served by 21,870 companies and 114,450 employees.…