Labour concessions secure NZ First support for employment law changes
By Pattrick Smellie Nov. 27 (BusinessDesk) - Labour has made two key concessions to employment law reforms to secure the support of coalition partner New Zealand First. The two crucial tweaks were announced ahead of the Employment Relations Bill returning to Parliament for...
8 Rivers hydrogen a 'last gasp' effort by oil and gas sector - Greenpeace
By Pattrick Smellie Nov. 26 (BusinessDesk) - Greenpeace is labelling a proposal to build a multi-billion dollar electricity, hydrogen and urea plant in Taranaki a "last gasp" effort by the oil and gas sector to prolong its life in New Zealand. Steve Abel, campaign head for...
8 Rivers 'clean energy' project breaks cover to extol its 'deep carbonisation' potential
By Pattrick Smellie Nov. 26 (BusinessDesk) - Backers of a claimed "clean energy" plant for Taranaki using natural gas to make electricity, hydrogen and fertiliser have broken cover after months of preparation to support an application for a Provincial Growth Fund loan of up to...
Insurers kill off overseas junkets that reward salespeople
Nov. 22 (BusinessDesk) - New Zealand's largest life insurer, AIA/Sovereign will stop using overseas trips as rewards for salespeople as the industry moves to clean up its reputation for prioritising sales performance over customer service, from next year. The Reserve Bank of N...