Consistency, communication and attention to detail are the main ingredients to surviving any economic downturn, Dunedin restaurateur Stephen Hannagan says.
Business owners are becoming more reluctant to sell as the economic crisis continues in New Zealand, the ASB succession planning monitor has found.
As the economic crisis deepens, smaller businesses are finding it harder to survive. Business Editor Dene Mackenzie talked to a selection of advisers about survival tips.
The financial reports of New Zealand's major retailers are one of the most transparent indicators of the effects of recession, also giving some indication of what's around the corner.
The global financial crisis has claimed another capital works project, with New Zealand Dairies announcing the deferral of expansion plans for its Studholme factory.
Murray Grimwood argues that the times in which we live have forced a realignment of traditional political forces and unless the Labour Party wakes up to the fact, it may be history.
It is a good time to review the deposit guarantee scheme in light of the collapse of Mascot Finance, Reserve Bank Governor Alan Bollard said today.
The New Zealand sharemarket slid 2.5% yesterday after United States markets slumped more than 4% to 12-year lows on the back of giant insurer American International Group (AIG) posting a massive quarterly loss of $US61.7 billion ($NZ126.87 billion) - the largest quarterly loss in US corporate history.
Sony New Zealand's sponsorship of A-League football side Wellington Phoenix appears to have fallen victim to the global recession.
A private/public equity fund to help out distressed businesses could possibly be in place later this year if the recession turns deeper and nastier, a leading banker said today.
There was more bad international economic news overnight as the world wide recession hit home, following on from a wave of redundancies announced in New Zealand.
Prime Minister John Key The recession is driving structural changes to businesses, including the loss of 180 jobs at Nelson's Sealord plant, Prime Minister John Key said. He said while there were a lot of things that could be done New Zealand could not "push back the tide of the global recession".