
Budget 2017: Govt finds $300 mln for emergency housing
By Pattrick Smellie Nov. 7 (BusinessDesk) - The government has announced $300 million in emergency housing, $120 million of which will be available to buy motels, build short term modular housing, and allow construction of temporary housing on Crown land earmarked for roads an...

Labour targets ICT as second largest economic contributor by 2025
By Pattrick Smellie Nov. 7 (BusinessDesk) - A Labour-led government would target the ICT sector to be New Zealand's second largest contributor to the economy by 2025, believing it is a job-rich source of growth for a nation of small businesses. While the precise definition...

UPDATE: RMA reform process in turmoil, passage by Xmas in doubt
(Recasts, adds comment from Nick Smith, Environment Minister) By Pattrick Smellie Nov. 3 (BusinessDesk) - The government's Resource Management Act reforms face further delay, with Environment Minister Nick Smith conceding for the first time the risk that delays will prevent...

NZ tourism boom soaks up jet fuel supplies, seen widening margins
By Pattrick Smellie Nov. 1 (BusinessDesk) - New Zealand's booming tourism is soaking up the country's excess supplies of aviation fuel, raising the prospect of higher margins from one of the least profitable products currently sold by the country's transport fuel retailers....