Over in Australia, unemployment is on the rise and wages haven't kept up with inflation, leaving many to wonder if the trans-Tasman dream is at risk.

The Australian unemployment rate has reached 4.7 percent, and one expert has warned the nation is on track to have the largest increase in unemployment in the developed world over the next year.

HSBC chief economist Paul Bloxham says disposable incomes haven't risen - and Australia's in a 'challenging' spot.

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The US share market took a dive in the weekend, and experts have linked it to recent global conflicts and a declining tech market.

This has resulted in global markets taking a hit as a result - including New Zealand.

Harbour Asset Management expert Shane Solly explained further.

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One of Christchurch's best known boutique movie theatres, Academy Gold Cinema, is officially up for sale.

The sale comes after 30 years of family ownership, but the family has recently confirmed that they feel it's time to move on.

Business consultant Charlie Loughnan is one of the family members helping to sell the boutique cinema and he says the industry's been hit hard as a result of Covid.

"It's taken a long time to recover from that and it's a longer road than most businesses, but it's back and it's trading well and it's been going for a good couple of years - and it's now time to pass the baton on."

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