Policy

Ardern backs Twyford as Thursday Cabinet reshuffle looms

Pattrick Smellie
Mon, 24 Jun 2019

By Pattrick Smellie June 24 (BusinessDesk) - Prime Minister Jacinda Ardern went out of her way to defend the record of Housing and Urban Development Minister Phil Twyford while announcing her "relatively minor" Cabinet portfolio reshuffle will be unveiled on Thursday. Twyford's future in the portfolio has been in doubt because of the failure of his KiwiBuild policy, which promised to build 100,000 affordable homes in 10 years, to gain momentum in the first 18 months of the government's term. "He's done an incredible job in a very diffi...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property
Precinct sees solid lease uplift, pays $8.3m in rent relief
Brent Melville | Thu, 18 Aug 2022

The listed property firm has seen its portfolio valuation climb by $400 million to $3.7 million.

Markets
Auckland Airport shares fall on weaker forward guidance
Dan Brunskill | Thu, 18 Aug 2022

Auckland Airport today said it expects profit to land somewhere between $50m and $100m, as travel in the Asia Pacific region recovers more slowly than in other parts of the world.

Finance
Kiwibank emphasises the 'Kiwi' as it posts record profit
Jenny Ruth | Thu, 18 Aug 2022

Kiwibank grew its business lending by three times the total bank lending growth in the year ended June.

Sponsored
In uncertain times, bricks and mortar hold steady

Can real estate provide a hedge against high inflation? Scott McKenzie, CEO of PMG Funds, talks about why tangible assets can be defensive and how PMG’s latest investment offer will help make the fund more resilient.

Sponsored
Communication the barrier to ‘human firewall’ technology

Communication is the barrier to New Zealand adopting the global Zero Trust cybersecurity strategy, says a new survey.