
Sue Suckling replaced by Pete Hodgson at Callaghan Innovation
By Pattrick Smellie Jan. 31 (BusinessDesk) - The founding chair of the government's commercialisation incubator Callaghan Innovation, Sue Suckling, has been replaced by the former Research, Science and Technology Minister in the Helen Clark government, Pete Hodgson. A creat...

Grant Robertson to deliver first Budget on May 17
By Pattrick Smellie Jan. 31 (BusinessDesk) - The government has set Thursday, May 17 as the date for its first Budget. Finance Minister Grant Robertson said the document would build on the mini-Budget package of measures introduced before Christmas, which cancelled the prev...

'Trees, trains and trade unions' drives nostalgic govt agenda, says Bill English
By Pattrick Smellie Jan. 31 (BusinessDesk) - The Labour-led government's policy agenda is driven by "a nostalgic belief in trees, trains and trade unions," said Opposition leader Bill English in a State of the Nation address in Wellington overshadowed by media speculation abou...

FNZC slashes Trustpower target price on threat to sweetheart deal in Tauranga
By Pattrick Smellie Jan. 29 (BusinessDesk) - Trustpower's profit could drop by up to $30 million a year if the Tauranga Electricity Consumers Trust stops paying Trustpower customers in Tauranga around $500 a year in dividends that let the locally headquartered power company ch...