Tiwai Point smelter faces multi-million dollar back pay bill after losing appeal
By Pattrick Smellie Feb. 22 (BusinessDesk) - New Zealand Aluminium Smelters, operator of the Tiwai Point smelter, has lost its Court of Appeal bid to overturn an Employment Court decision on payment for statutory holidays that fell on a weekend which it has said could cost $20...
NZ Steel puts Taharoa ironsands mining operation on the market
By Pattrick Smellie Feb. 22 (BusinessDesk) - New Zealand Steel's Australian owner, Bluescope, is placing its Taharoa ironsands mining operation on the market after declaring a A$47.1 million loss on an underlying earnings before interest and tax basis for the first half of the...
Ombudsman to investigate EPA's charging in Chatham Rock application
By Pattrick Smellie Feb. 17 (BusinessDesk) - Chatham Rock Phosphate has succeeded in persuading the Office of the Ombudsman to investigate the Environmental Protection Authority's charging regime for marine consent applications as it battles over its rejected plans to mine pho...
English sets May 26 for NZ's annual budget
By Pattrick Smellie Feb. 16 (BusinessDesk) - The government will deliver its annual budget statement on Thursday, May 26, Finance Minister Bill English has announced. Budget 2016 will be English's eighth since the election of the National Party-led government in 2008 and is...
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