Australia's nuclear subs raise the stakes for NZ

"Thanks mate". Joe Biden and Anthony Albanese shake hands on the nuclear submarine deal (Image: Getty)

Tue, 21 Mar 2023

As soon as the mud dries enough to allow tanks to manoeuvre, the Ukrainian armed forces will begin a counter-offensive against the Russian invaders.Conventional wisdom suggests that will start sometime next month.Fought across flat ground and involving trenches, tanks and artillery, this grinding land war will look not unlike scenes from the First World War epic All Quiet on the Western Front.However, while the Russian president, Vladimir Putin, treats his poorly trained soldiers as cannon fodder, the images from Ukraine are a far cry from what...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Economy

Economists react to 'dovish' RBNZ cuts

RBNZ says recent global policy developments have shifted the balance of risk.

Rebecca Howard 3:00pm

Environment

Phase out forestry credits for fossil fuel emissions: Simon Upton

Greg Hurrell 2:00pm

Energy

Winners and losers in electricity tariff changes

45% are better off, 15% are neutral and the rest are worse off.

Ian Llewellyn 2:00pm

Winners and losers in electricity tariff changes

Sponsored

Go beyond reporting zero emissions

Clean energy that helps businesses and communities thrive

Meridian Energy

Sponsored

New life in property market

Tax rule changes are bringing back mum-and-dad investors.

Fletcher Living

More Policy

Policy

Airfare reporting not ready for takeoff

Airport group says transparency measure should have a chilling effect on fares.

Oliver Lewis 5:00am

Economy

'The Great Privatisation': a NZ perspective

KPMG partner sees value in considering asset recycling to fund new infrastructure.

Oliver Lewis 5:00am

Policy

Hawkesby appointed RBNZ governor for six months

Finance Minister Nicola Willis has appointed Christian Hawkesby, acting Reserve Bank of New Zealand governor, as governor for six months.Hawkesby’s appointment was recommended by the Reserve Bank of NZ (RBNZ) board.Previously, he was deputy governor.The appointment is effective o...

Staff reporters 08 Apr 2025

Economy

Corporate tax relief still on Budget agenda

Targeted relief rather than a company tax rate cut looks more likely.

Pattrick Smellie 08 Apr 2025

Australia's nuclear subs raise the stakes for NZ

More Policy

Your company has a subscription

Team