Business
Economy
Govt opens low-carbon summit with $47M commitment to new energy research
By Pattrick Smellie May 9 (BusinessDesk) - The government will invest $27 million to establish a new energy centre in Taranaki as a gesture towards assisting the region's transition from a multi-billion dollar oil and gas industry to a low-carbon economy. Prime Minister Jac...
Policy
Govt delays upgrade of weak and unclear whistleblower law
By Nikki Mandow May 9 (BusinessDesk) - Changes to whistleblower legislation to make it easier for employees to report everything from bullying to fraud have been delayed. This also pushes back moves to potentially bring the private sector into a critical part of the legislatio...
Infrastructure
Mainzeal lawyers argue over $36 million penalty
By Paul McBeth May 8 (BusinessDesk) - Lawyers in the Mainzeal case were back in court today arguing whether the $36 million penalty handed down to directors of the failed construction company, including former Prime Minister Jenny Shipley, should attract up to six years' inter...
Primary Sector
Waihi gold mining 'inherently unsustainable' - Sage
By Gavin Evans May 8 (BusinessDesk) - Expansion of gold mining at Waihi is inherently unsustainable, will increase emissions, and will provide only moderate employment benefits relative to winding down the operation and remediating the site, Land Information Minister Eugenie S...
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