Nick Smith tweaks freshwater swimming standards

Wed, 09 Aug 2017

By Pattrick Smellie Aug. 9 (BusinessDesk) - Environment Minister Nick Smith has tweaked the government's freshwater swimming standards in his latest bid to overcome criticisms that standards announced earlier this year were not only too complex, but also weakened earlier proposals for the levels of faecal contamination allowable in water bodies. Smith made the announcement this afternoon to the Environmental Defence Society's annual conference, which has become the latest venue for the National and Labour parties to announce competing pol...

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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...

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