RMA reforms running into heavy weather at select committee
By Pattrick Smellie May 5 (BusinessDesk) - The select committee considering reforms to the Resource Management Act is hearing a chorus of concern about proposals to limit rights of appeal on resource consents, expansion of ministerial powers, and fears over the potential for "...
CORRECT: Key's lawyer, Whitney, no longer a lawyer
(Fixes name in first paragraph) By Pattrick Smellie May 5 (BusinessDesk) - The man routinely described as Prime Minister John Key's lawyer, Ken Whitney, is not in fact a lawyer anymore. A central figure in the New Zealand fallout from the Panama Papers release, Whitney g...
FIRST CUT: Weldon resigns from MediaWorks: 'personal cost too high'
By Pattrick Smellie May 4 (BusinessDesk) - MediaWorks' controversial chief executive Mark Weldon has resigned, just two days after his chairman, Rod McGeoch, backed him. Citing the "personal cost" as "too high", Weldon leaves a position he took up in August 2014 to oversee...
2degrees ASX float in the offing
By Pattrick Smellie May 3 (BusinessDesk) - Australian media reports suggesting New Zealand's third-placed mobile operator, Two Degrees, will seek to raise between $100 million and $150 million in a float on the ASX in the next few months have the implicit support of the compan...
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