Business

Dairy Holdings stake too good to miss, says Canada's PSP
Primary Sector

Dairy Holdings stake too good to miss, says Canada's PSP

Canada’s Public Sector Pension Investment Board has been redirecting its primary sector investment into Australia in recent years, but buying into Fonterra's biggest shareholder, Dairy Holdings, was too good an opportunity to miss. “Dairy Holdings Limited is a household name i...

Rebecca Howard 09 Jul 2020
Retail patriotism peters out
Retail

Retail patriotism peters out

The initial flurry to support local businesses hit by the covid-19 lockdown has subsided as consumers regained their freedom to shop around, but researchers say retail parochialism is settling at a higher level than before the pandemic. A survey by business consultancy Rutherford...

Dan Brunskill 09 Jul 2020
No clear benefit in transmission pricing decision - Trustpower
Infrastructure

No clear benefit in transmission pricing decision - Trustpower

Trustpower will appeal the Electricity Authority’s decision to replace the transmission pricing guidelines, saying the new user-pays model to allocate costs doesn’t establish clear benefits. The electricity generator and retailer will seek a judicial review in the High Court o...

Paul McBeth 08 Jul 2020
Fruit and wine worker cap to stay the same, but more Kiwis needed
Primary Sector

Fruit and wine worker cap to stay the same, but more Kiwis needed

The government has scrapped a planned increase to the cap on the recognised seasonal employer scheme, instead holding the number of migrant workers at 14,400 for the coming harvest in the hope that Kiwi workers might make up the shortfall.  After announcing adjustments to work...

Brent Melville 08 Jul 2020