NZ climate change response needs tools that 'bite', Upton says
By Rebecca Howard March 7 (BusinessDesk) - Parliamentary Commissioner for the Environment Simon Upton says New Zealand's legislative response to climate change needs broad, cross-party support to deploy the country's sophisticated tools so they actually "bite". "The whole...
NZ industrial, accommodation building work offsets slowing residential work in 4Q
By Rebecca Howard March 7 (BusinessDesk) - The value of New Zealand building work rose in the fourth quarter as a flurry of activity in industrial and commercial accommodation properties such as hotels made up for slower residential construction. The seasonally adjusted va...
Forestry cutting rights to be added to overseas investment regime ahead of CPTPP signing
By Rebecca Howard March 7 (BusinessDesk) - The government is adding forestry rights to the Overseas Investment Act screening regime ahead of this week's signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership in Chile, preserving its right to legis...
NZ dollar rises vs greenback on easing trade worries, falls vs Aussie after RBA stands pat
By Rebecca Howard March 6 (BusinessDesk) - The New Zealand dollar rose against the US dollar as trade-war fears eased and fell versus the Australian dollar after the RBA kept interest rates on hold as expected. The kiwi traded at 72.35 US cents as at 5pm in Wellington ver...
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