Consensus firms on need for bigger environmental regime overhaul
By Pattrick Smellie Sept. 28 (BusinessDesk) - A new coalition of environmental, business and infrastructure lobby groups has added new weight to a growing consensus that the 25 year-old Resource Management Act is failing both to allow sufficient development and to protect the...
FAA buys kiwi screening technology to train US air traffic controllers
By Pattrick Smellie Aug. 31 (BusinessDesk) - State-owned air traffic controller Airways New Zealand has inked a "very significant" deal with the US Federal Aviation Administration, which will use New Zealand-developed technology to pre-screen potential recruits for the demandi...
Landcorp books $9.4 million loss in FY16
By Pattrick Smellie Aug. 31 (BusinessDesk) - State-owned corporate farmer Landcorp reported a $9.4 million operating loss in the year to June 30, as declining dairy prices hit revenues. The result compared with a $4.9 million operating profit the previous year, itself an 84...
NZOG to offer 40M share buyback
By Pattrick Smellie Aug. 30 (BusinessDesk) - New Zealand Oil & Gas is to make a tender offer to shareholders to accelerate the buy back of up to 40 million shares, the company announced. Timed for Sept. 16, the initiative is intended to "create a liquidity event that shoul...
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