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a2 milk could benefit as abbott pulls out of chinese infant formula market
A2 Milk stands to benefit as US-based healthcare firm Abbott Laboratories phases out its infant and child nutrition business in China, but the news also underscores how tough that market is. Abbott wi
wayne brown confident 258 water hikes can be reduced
Auckland mayor Wayne Brown doesn’t support a proposal to increase water user charges by 25.8% and believes a solution to avoid the hikes will be in place by June. If negotiations with the government
watercare to stop spending money on doomed proposal brown
Auckland mayor Wayne Brown has advised the council-controlled organisation, Watercare, to halt work on the government's three waters programme. The new mayor's edict follows legal challenges to the pl
wayne brown wants council to work with property owners on storm resilience
Auckland mayor Wayne Brown says he would prefer the council works with property owners building storm resilience and not on managed retreat. In late January, parts of Auckland were severely damaged by
back to basics means dismantling top heavy ccos brown
Wayne Brown says the Auckland Council needs to stop wasting money and focus on getting the basics right. Translation: take council control back from Auckland Transport, Ports of Auckland and Watercare
auckland mayor wayne brown proposes selling stake in auckland airport
Auckland mayor Wanye Brown has proposed selling the city’s 18% stake in Auckland Airport, which is publicly-listed on the New Zealand stock exchange. The sale of the minority shareholding is part
roads of national party significance wayne brown questions auckland highways
Major highway projects identified by the government as priorities for Auckland aren’t priorities for mayor Wayne Brown. On Monday, the transport minister released the draft government policy stateme
wayne brown sets timeline for returning ports of auckland land
Auckland mayor Wayne Brown has released an indicative timeframe for the return of port land, a staged process extending to the end of 2039. Over the weekend, Brown and transport minister Michael Wood.
brown launches sales pitch for auckland port lease
Auckland mayor Wayne Brown has trotted out what he says is "strong support" by ratepayers for handing over a long-term operating lease on port land. Brown's office issued a media release late Thursday
wayne brown parking and road pricing on the menu
Auckland council intends to develop a local bill to address issues like its inability to set higher parking fines, mayor Wayne Brown says. As it stands, roading control authorities like Auckland Trans
brown proposes partial airport share sale
Auckland mayor Wayne Brown has backed down on the proposed sale of the Auckland council's entire stake in Auckland International Airport (AIA) and is now proposing to sell 8.09% of its 18.09% holding,
auckland mayor wayne brown says airport capital raising is inevitable
The New Zealand stock exchange's regulatory arm has halted trading in Auckland Airport shares after mayor Wayne Brown publicly speculated about an "inevitable" capital raise. The airport, a publicly
brown ports of auckland not up for sale
Auckland’s incoming mayor Wayne Brown has shot back at suggestions that foreign owners could be eyeing up the city’s port, telling them not to waste their money on proposals for the idea. Brown
fonterra to build third chinese farm hub with nyse listed abbott
By Paul McBeth July 11 (BusinessDesk) - Fonterra Cooperative Group, the world's biggest dairy exporter, plans to build a third farm hub in China in a US$300 million joint venture with New York Stock E
auckland mayor wayne brown prefers surface light rail
Auckland mayor Wayne Brown pushed for the company investigating light rail to give greater consideration to a cheaper surface-running option, he says. Brown travelled to Sydney in May with councillor.
al brown launches franchise with sale of best ugly bagels commercial bay
Celebrity chef Al Brown is embarking on the rollout of a nationwide bagel shop franchise, starting with selling his Best Ugly Bagels business in Auckland’s Commercial Bay precinct. Brown first began
wayne brown takes a 130m razor to council books
Auckland mayor Wayne Brown has identified $130 million in savings across the council and its council-controlled organisations (CCOs). Brown has repeatedly warned of a coming financial storm, referri
goff sidelined brown on auckland port debate
Former Far North district council mayor Wayne Brown says he was dumped from a panel discussion on the future of Auckland’s port after Auckland mayor Phil Goff vetoed his involvement. Brown, a vocal
brown declares war on rates
Auckland council’s first formal meeting following the election is the start of a battle against rate rises and service cuts, says the city's mayor, Wayne Brown. He said the council needs to find a w
transport minister simeon brown unveils 329b national land transport programme
NZTA-Waka Kotahi has put road maintenance and building new roads and public transport infrastructure at the centre of its $32.9 billion National Land Transport Plan for 2024-2027. Transport Minister S
tracy brown appointed new dairynz chair
Tracy Brown will replace Jim van der Poel as chair at DairyNZ’s October annual general meeting. Van der Poel has been chair of DairyNZ since 2017, after his election to the board in 2013. He served
wayne brown heading to korea
Auckland mayor Wayne Brown is travelling to the Republic of Korea later this month to attend the World Climate Industry Expo. Councillor Richard Hills, chair of the planning, environment and parks com
brown opportunities aplenty in india
After his trip to India, Auckland mayor Wayne Brown says he wants to wake local businesses up to the opportunities the massive market represents. He’s also keen to explore how Indian businesses, i
crown observer for wellington unnecessarily pre emptive tim brown
Wellington city councillor and former Wellington Airport chair Tim Brown says the appointment of a Crown observer to Wellington City Council is “unnecessarily pre-emptive”. Minister of Local Gover
simeon brown to write to fuel distributors over regional tax removal
The transport minister intends to write to fuel distributors to ensure they pass on the removal of the Auckland regional fuel tax to consumers. Earlier this month, Simeon Brown and prime minister Chri
Finance News
Finance
December interest rate cut uncertain: Fed governor
Lisa Cook says the timing of further reductions will depend on new data.
Finance
Bayly to banks: ‘Just get on with it’
Minister Andrew Bayly is impatient for the changes needed to improve competition.
Finance
‘Regulatory failure’ let NZ’s payments fall behind
NZ was the All Blacks of payments, but now barely makes regionals as regulation lagged.
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