ANZ Bank has agreed to sell its asset finance business, UDC Finance, for $762 million to Japan's Shinsei Bank. The bank said the sale followed a previously announced strategic review and was in line with its strategy to simplify its business. ANZ NZ chief executive Antonia Watson said Shinsei intended to retain UDC’s operations and employees and maintain customer lending in New Zealand.
Singapore Airlines has announced it will resume scheduled passenger services to Auckland and Christchurch from Tuesday, June 9. Auckland will see a twice-weekly service, while Christchurch will be once-a-week. It is the first scheduled flights by the airline to New Zealand since March, following the closure of borders due to the Covid-19 pandemic.
Sales of employee monitoring software have skyrocketed since the country went into lockdown, with tech companies reporting a 300 percent increase for New Zealand customers. The software, which can track what websites employees visit, take screenshots throughout the day, and track productivity through mouse and keyboard movements, is marketed as a helping hand for managers, who no longer have eyes over office-based staff.
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