Huge offshore salmon farm faces early environmental headwinds
Primary Sector

Huge offshore salmon farm faces early environmental headwinds

Plans for deep water salmon farming in Cook Strait have run into early opposition, surprising New Zealand King Salmon, which believes its proposals will improve environmental outcomes.However, King Salmon chief executive Grant Rosewarne still believes that resource consent hearin...

Pattrick Smellie 22 Jan 2020
US beef producers leapfrog NZ for China access in new trade deal, but...
Primary Sector

US beef producers leapfrog NZ for China access in new trade deal, but...

A range of import restrictions affecting New Zealand beef exporters to China will be swept away for their American competitors as part of the new 'phase one' US-China trade deal signed in Washington DC on Wednesday.However, US producers will continue to face tariffs on beef as hi...

Pattrick Smellie 19 Jan 2020
Jarden downgrades Vector earnings outlook, dividends intact
Law & Regulation

Jarden downgrades Vector earnings outlook, dividends intact

Auckland's electricity and gas network monopoly Vector will continue to produce a steady, slightly increasing dividend flow even as its earnings dip over the next five years, thanks to the cut to its regulated rates of return announced by the Commerce Commission, says investment...

Pattrick Smellie 17 Jan 2020
Exporters fear sweetheart access for US farm products in new China deal
Primary Sector

Exporters fear sweetheart access for US farm products in new China deal

New Zealand meat and dairy exporters are hunting for detail on the new US-China trade deal, fearing it may give US food producers easier access to the Chinese market than the free trade agreement that New Zealand has invested more than a decade in negotiating and upgrading.The US...

Pattrick Smellie 16 Jan 2020