Ministerial inquiry launched into forestry slash

Thu, 23 Feb 2023

The government has announced a two-month ministerial inquiry into land use that caused woody debris, including forestry slash, and sediment-related damage in Tairāwhiti/Gisborne and Wairoa. The inquiry will investigate the impact of these factors on communities, livestock, buildings, and the environment. The panel – which includes former government minister and Gisborne resident Hekia Parata as chair, former regional council chief executive Bill Bayfield and forestry engineer Matthew McCloy – will make recommendations to i...

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Economy

ANZ increases cash profit as net interest margins get squeezed

ANZ New Zealand has reported a 4% increase in its half-yearly profit despite pressure squeezing its margins.The bank's cash profit increased to $1.15 billion in the six months to March, up from $1.1b in the same period last year, but stable compared to the second half of its...

Riley Kennedy 10:50am

Law & Regulation