Regulation nearing tipping as govt watchdogs flex muscles, Chapman Tripp says
By Paul McBeth April 4 (BusinessDesk) - The expansion of regulatory regimes and increased budgets to enforce them may have pushed the balance of government oversight to a "tipping point" where the costs start outweighing the wider public benefits, Chapman Tripp says. The l...
Zespri calls in police over cross-border kiwifruit transfer
By Paul McBeth April 3 (BusinessDesk) - Zespri International has called in police to investigate the transfer of Gold3 and Gold9 kiwifruit varieties into China that may have been done illegally. Last year the Mount Maunganui-based international fruit marketer started inves...
Mark Warminger appeals market manipulation ruling
By Paul McBeth April 3 (BusinessDesk) - Former Milford Asset Management portfolio manager Mark Warminger will appeal a High Court ruling that he manipulated the New Zealand stock market on two occasions in 2014. Counsel for Warminger, Marc Corlett QC, said in an email that...
Regulator eyes competition issues in Spark's TeamTalk bid
By Paul McBeth April 3 (BusinessDesk) - The Commerce Commission has outlined where it's looking for any competition issues in Spark New Zealand's hostile bid for telecommunications firm TeamTalk. Auckland-based Spark is offering 80 cents a share to buy the much smaller Tea...