Govt track-record poor in energy investment

Gavin Evans
Fri, 31 Jul 2020

Any government formed in September needs to consider carefully how deeply it should intervene to deliver the country’s long-term emissions targets, MPs on a pre-election panel were told yesterday. Energy consultant Toby Stevenson said there is widespread agreement that the country should be able to have a very-low emissions economy by 2050. But he said there was real debate about how far government should involve itself in the decisions along that route. He also said any potential energy ministers on the panel needed to consider their str...
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.