UPDATE: Govt hints at higher carbon price cap as forestry funding soars; targets natives
(Adds detail throughout) By Pattrick Smellie Aug. 13 (BusinessDesk) - The government is hinting it will lift the $25 a tonne upper limit on the price of a New Zealand Unit of carbon dioxide in the Emissions Trading Scheme, in an announcement following hard on a doubling of...
NZ steel operations deliver strongest earnings lift for Aussie multi-national BlueScope
By Pattrick Smellie Aug. 13 (BusinessDesk) - BlueScope Steel's two Kiwi businesses, New Zealand Steel and Pacific Steel, delivered an 84 percent lift in underlying earnings in the year to June 30, outstripping strong gains across the rest of the multi-national Sydney-based bus...
New KiwiRail chair pops up on upper North Island port study group
By Pattrick Smellie Aug. 9 (BusinessDesk) - Newly appointed KiwiRail chair Greg Miller has also been appointed to a five-member working group charged with writing a new upper North Island supply chain strategy to guide the government's desire to integrate port, rail and road t...
Stewart Sherriff to step down as 2Degrees CEO
By Pattrick Smellie Aug. 9 (BusinessDesk) - A three month emergency stint that became a five year gig is coming to end for Stewart Sherriff, the chief executive of challenger telecommunications provider 2Degrees. The straight-talking Scotsman had been chairman of 2Degrees s...
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