$124m for waste management; six-fold jump in landfill levy

Brent Melville
Wed, 15 Jul 2020

The government will shovel $124 million from the covid-19 response and recovery fund into plastic recycling and reprocessing - and will push up its municipal waste levy six-fold by 2025.    Associate Minister for the Environment Eugenie Sage said funding for recycling plants, resource recovery and anaerobic, or oxygen free, digestion facilities will be allocated via the waste minimisation fund. The covid funding stimulus, which aims to reduce New Zealand’s reliance on sending waste overseas for recycling, could also create upwards of 140...
Markets
MARKET OPEN: Kiwi holds its own as greenback falters, US equities push higher
Rebecca Howard | Thu, 06 Aug 2020

The kiwi dollar continues to hold its own as the greenback is weighed down by poor US data while the domestic share market may take cheer from a lift on Wall Street after positive earnings reports. ...

Listed Companies
Billion dollar hotel developments on backburner until better times
Brent Melville | Thu, 06 Aug 2020

Plans for at least 25 major hotel developments, valued at $2 billion, are gathering dust pending decisions on when, or if, construction will commence in the wake of border closures. The two dozen o...

Listed Companies
Pacific Edge seeks US$40m backpay from US administrator
Brent Melville | Thu, 06 Aug 2020

Pacific Edge is chasing 22,000 outstanding invoices dating back to 2015 as it seeks up to US$40 million in backpay from US medical aid administrator Novitas. The retrospective claim follows last mo...

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Don’t fear the robots. How software can help your business succeed

New Zealand businesses are on the road to recovery from the economic impact of the Covid-19 crisis but they, like corporates around the world, are having to change their operational practices.