NZ falls into line on 1.5 degree climate change target in Paris talks
By Pattrick Smellie Dec. 11 (BusinessDesk) - New Zealand will line up with more than 100 other countries behind the so-called 'high ambition' target to limit global temperature rises to 1.5 degrees Celsius as the global climate change talks in Paris head into what may be a fin...
Govt and Labour/Greens in pre-Xmas holding pattern: poll
By Pattrick Smellie Dec. 10 (BusinessDesk) - Support for the main political parties has barely changed in the last month, according to the latest Roy Morgan New Zealand opinion poll. The governing National Party's rating in a poll of 882 people in the first few days of this...
Shell head office raises prospect of full exit from NZ
By Pattrick Smellie Dec. 10 (BusinessDesk) - Multi-national oil company Royal Dutch Shell is putting its New Zealand assets up for strategic review as part of a global strategy to become "a simpler, more profitable and resilient company." While Shell New Zealand chairman Ro...
UPDATE: Serco's contract for Mt Eden prison didn't keep pace with changes in muster
(Adds comment from Finance Minister Bill English, Corrections chief Ray Smith) Dec. 9 (BusinessDesk) - The Corrections Department used an opt-out clause to cancel its 10-year, $300 million contract with the UK's Serco to manage the Mt Eden Correctional Facility in Auckland, sa...