Business
Primary Sector
Govt may act on too many farm-forestry conversions
If the amount of farmland being converted to forestry each year exceeds 40,000 hectares, the government would look to intervene, Minister of Agriculture Damien O’Connor told Parliament's primary production select committee today. Increased forestry is a key government policy,...
Primary Sector
Fonterra CEO says no timeframe for decisions on capital structure
Fonterra chief executive Miles Hurrell said no decisions have been made about the dairy cooperative’s capital structure and he does not have a timeframe for a review underway. “There is a small team working on it now, internally. No decisions have been made, a number of optio...
Policy
Puhoi to Warkworth PPP claim adds pressure to stretched land transport fund
The New Zealand Transport Agency has provided for an $83 million claim on the unfinished $709.5 million Puhoi to Warkworth road, adding even more pressure to an already stretched budget.The project is the second public-private partnership used by the NZTA and, like Transmission G...
Infrastructure
Govt risk from Tamarind's onshore activities limited - Woods
The government says it has taken additional measures to ensure Tamarind Resources meets obligations under its remaining New Zealand oil and gas licences. The firm, which surrendered the offshore Tui oil field earlier this year after the collapse of its Tamarind Taranaki busine...
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