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Budget 2021

BUDGET 2021: Billions in ETS revenue to be recycled

Ian Llewellyn
Fri, 21 May 2021

Climate change minister James Shaw won one policy argument but there are more to come.
Ian Llewellyn
Fri, 21 May 2021
The budget decision to recycle at least $3 billion over five years from Emissions Trading Scheme (ETS) revenue back into emissions reductions is another move in the debate about climate change policy and how to fund it.The estimate of earnings is likely to be on the low side as Treasury has assumed the price of New Zealand Units – the carbon units traded on the ETS – will remain at about $37.This is unlikely to remain that low as the Climate Change Commission’s draft advice and carbon budgets recommend a lift in the floor and...

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Boats
Dalton blinks: Auckland back in the America’s Cup hunt
Pattrick Smellie | Fri, 17 Sep 2021

Plans to announce an offshore host city for the 37th America's Cup are on hold as two of the three rumoured bidders baulk.

Coronavirus
Bar owner borrowed $30k to cover wage subsidy delays
Michael Andrew | Fri, 17 Sep 2021

Shaneel Sudhakar faced a 22-day delay in payment of the wage subsidy.

Opinion
Bridgecorp’s death knell a timely warning
Paul McBeth | Fri, 17 Sep 2021

A new generation of investors would do well to wander through the corporate graveyard of yesteryear.

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Businesses must take advantage of our home-grown, world-leading, internationally-valued cyber defence systems to manage risk.