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nz to issue sovereign green bonds
The government plans to issue sovereign green bonds from next year to help raise funds for New Zealand’s low carbon transition. “Green bonds will enhance the development of New Zealand’s susta
london calling for the nz superannuation fund
The New Zealand Superannuation Fund should consider opening an international office, potentially in London, to improve its access to private market investment opportunities, according to a five-yearly
james shaw says lng terminal not solution to energy crunch but sunshine hydro could help
Former Greens co-leader James Shaw says importing liquefied natural gas is not a solution to NZ’s electricity problems, but believes his new gig offers the type of solution that could help. “I t
nz could whet singapores appetite for food and energy security says shane jones
New Zealand could play a role in meeting Singapore’ appetite for energy and food security, and attract direct investment to this country at the same time, says Resources Minister Shane Jones. The mi
nz super fund awarded perfect score in latest gsr scoreboard
The New Zealand Super Fund has been awarded a “perfect score” in the latest governance, sustainability, resilience (GSR) scoreboard published by international sovereign wealth fund experts GlobalS
reading the tea leaves
Tasseography Tasseography is a fortune-telling practice that involves interpreting the shapes and patterns left in a teacup to predict the future or gain insight into the past or present. Said another
oil and gas exploration ban repeal bill introduced
A bill repealing the offshore oil and gas exploration ban has been introduced under parliamentary urgency and will be sent to a select committee for consideration. In 2018, the Labour-led Government b
tough choices to make about the future of industry nz steels robin davies
New Zealand Steel's chief executive, Robin Davies, says the country has some tough decisions to make about the future of the industry, which could have major flow-on effects on supply chains. The comp
trade minister to attend g20 meeting in brazil
Trade Minister Todd McClay is attending the Group of Twenty trade and investment ministerial meeting in Brasilia next week. He will also be leading a business delegation, including Auckland Mayor Wayn
from 73b to 830b us pension plan poaches kiwi
Stephen Gilmore, the chief investment officer of the New Zealand Superannuation Fund, has been poached to take up the same role at the California Public Employees' Retirement System (Calpers), the US'
nz is divided not united
Westpac economists released a really good piece last week noting that while New Zealand’s sovereign credit rating is one of the highest in the world, “external and fiscal metrics mean that NZ is v
a few of my favourite things
My Favourite Things is a song composed by renowned songwriting duo Richard Rodgers and Oscar Hammerstein II for The Sound of Music, which premiered on Broadway in 1959 and as a multi-Oscar-winning m
greymouth jawbones govt and banks on gas find
Greymouth Petroleum is warning the Government not to make the regulatory regime for gas producers more difficult and urging the country’s banks to back the sector as it seeks to supplement dwindling
kiwibank credit rating outlook upgraded with sovereign
By Paul McBeth July 11 (BusinessDesk) - Government-owned lender Kiwibank has had the outlook on its credit ratings upgraded by Fitch Ratings as a result of its upbeat assessment of the sovereign earli
being ai still acquisition focused despite hitches
Being AI still has an acquisition strategy at its core, despite three attempts this year not coming to full fruition. The New Zealand Exchange-listed company (NZX) completed one of four acquisitions a
nz posts parcel business is booming
New Zealand's national mail carrier was rushed off its feet when people turned to online shopping during covid, but this year’s peak parcel season is breaking those records. The good news came just
outlook 2025 nzs credit ratings face pressure
Back in September I wrote that the potential for a credit rating downgrade will linger over the coming year. “A deeper economic adjustment will make the Government’s projected return to surplus ch
xi jinping muzzles chinese economist who doubted gdp numbers
At a Washington forum last month, a prominent Chinese economist raised doubts about Beijing’s economic management and said China’s economy might have grown at less than half the roughly 5% pace fl
nz sovereign rating can absorb higher fiscal spending sp
Fieldays was on the campaign trail. Changes to the immigration system are causing more harm than good....
aia sees growth opportunities in lifting insurance cover in comminsure sovereign buy
By Paul McBeth Sept. 21 (BusinessDesk) - AIA Group, the Hong Kong stock exchange-listed life insurer, wants to beef up life insurance cover across Australasia and broaden its distribution networks wit
cbas asb full year profit rises 13 on smaller impairments sovereign attracts suitor
By Paul McBeth Aug. 9 (BusinessDesk) - Commonwealth Bank of Australia's New Zealand earnings were boosted by a 13 percent gain in ASB Bank's cash profit as the kiwi lender benefited from smaller charg
cba sells comminsure sovereign to aia group for a38 billion
By Paul McBeth Sept. 21 (BusinessDesk) - Commonwealth Bank of Australia has sold its trans-Tasman life insurance businesses CommInsure Life and Sovereign Assurance for A$3.8 billion to global insurer.
sovereign appoints asb executive nick stanhope as new boss
By Sophie Boot March 2 (BusinessDesk) - Sovereign Assurance, New Zealand's biggest life insurer, has appointed Nick Stanhope as chief executive. Stanhope comes to the role from Sovereign's parent ASB.
sovereign debt costs to double by 2025
By Greg Ritchie Sovereign debt costs are expected to double over the next three years, putting governments increasingly at the mercy of bond investors, according to Janus Henderson Group. Government
megaprojects in the desert sap saudi arabias cash
By Eliot Brown, with assistance from Summer Said and Ben Dummett Saudi Arabia has been a conveyor belt of flashy spending plans over the past year: a US$48 billion (NZ$77b) property development anch
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M&A outlook: get set for big ticket IPOs
Experts are picking a surge in mergers and acquisitions activity for 2025.
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How tax rules discourage wealthy investor migrants
Covid refugees facing a four-year time limit on tax status are forcing the issue.
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