Energy sector veteran to lead Chch anchor projects company
By Pattrick Smellie April 19 (BusinessDesk) - Retiring Genesis Energy chief executive Albert Brantley is to be the chief executive of the newly created Crown company overseeing construction of Christchurch's so-called 'anchor' projects. An energy sector veteran, Brantley wi...
Potential buyers line up for ANZ Bank's UDC finance business
By Pattrick Smellie April 19 (BusinessDesk) - Private equity buyers would have an advantage over banks in bidding for ANZ Bank New Zealand's UDC Finance business because they would not be bound by capital adequacy ratio requirements, says First NZ Capital in analysis that sugg...
Little promotes Faafoi to shadow Labour Cabinet, Cosgrove keeps business role
By Pattrick Smellie April 19 (BusinessDesk) - Labour Party leader Andrew Little has promoted Wellington MP and former broadcaster Kris Faafoi to the tourism portfolio to fill a gap left by departing MP Clayton Cosgrove, who nonetheless keeps the commerce portfolio and a new 'b...
Flavell forges ahead with Te Ture Whenua Act reform
By Pattrick Smellie April 14 (BusinessDesk) - Maori Affairs Minister Te Uruora Flavell has surprised political opponents by introducing a Te Ture Whenua Act reform bill to Parliament, arguing that drafting changes and consultation in recent months meets the concerns of last ye...
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