No legal shield for company directors who say climate change 'doesn't exist'
Finance

No legal shield for company directors who say climate change 'doesn't exist'

Company directors and fund managers who fail to manage investment risks associated with climate change are failing in their legal duties under the Companies Act, according to a legal opinion commissioned by new business lobby group The Aotearoa Circle.Based on the opinion from la...

Pattrick Smellie 31 Oct 2019
Water, methane reforms a $7b hit to economy by 2050: Dairy NZ
Primary Sector

Water, methane reforms a $7b hit to economy by 2050: Dairy NZ

Implementing the government's freshwater clean-up reforms and cutting methane emissions will cost the economy about $7 billion a year by 2050, lobby group DairyNZ says.The government's Essential Freshwater package "could significantly harm New Zealand's dairy sector and the wider...

Pattrick Smellie 30 Oct 2019
Kids, elderly keep cash use alive, Reserve Bank study finds
Finance Free

Kids, elderly keep cash use alive, Reserve Bank study finds

As anyone who has bought a $2 picture from a streetside stall staffed by 7 year-olds or watched an elderly person fumble with an ATM already knows, cash remains the preferred medium of the very young and older people.Now, a Reserve Bank study into society's use of the folding stu...

Pattrick Smellie 30 Oct 2019
Govt plans standalone, independent tapwater czar
Policy

Govt plans standalone, independent tapwater czar

The government will legislate for the creation of a new stand-alone drinking water regulator, possibly before next year's general election.The decision marks the end of a three-year process that began when contaminated tapwater made more than 5,000 people in Havelock North ill in...

Pattrick Smellie 25 Oct 2019