ELECTION 2020: NZ First wants exploration acreage protected

Gavin Evans
Fri, 31 Jul 2020

Gavin Evans
Fri, 31 Jul 2020
New Zealand First wants to find a way to halt the slide in the country’s offshore exploration acreage. The party had backed the government’s 2018 ban on new offshore exploration and was not seeking to have new permits issued now, energy and resources spokesperson Fletcher Tabuteau said yesterday. But the rapid roll-off of the existing permits “is not necessarily what we thought we had agreed to,” he told about 120 energy executives and regulators at a pre-election panel discussion yesterday. “Some of these permits have time-out – not b...
Markets
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Reserve Bank stimulus helped soften a fall by New Zealand equities as investors reacted to a covid-19 flare-up which has put Auckland back into a level-3 lockdown. The S&P/NZX 50 Index declined 153...

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Economy
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