Government to lower 2050 methane reduction target range
Primary Sector

Government to lower 2050 methane reduction target range

The Government is lowering its 2050 methane reduction target and confirming a review will take place in 2040 to assess whether New Zealand’s reduction efforts align with high-emissions countries.Cabinet will soon approve a new target range of 14–24% below 2017 methane emission le...

Staff reporters 12 Oct 2025
Smiths City owes creditors $26.8m
Retail

Smiths City owes creditors $26.8m

The outlook for unsecured creditors of the former retail icon Smiths City appears bleak, as liabilities have mounted to more than $26.8 million.Liquidators for the century-old retailer stated in their initial report that 240 creditors were owed money by the company, as reported b...

Staff reporters 09 Oct 2025
Ryman HY sales down but improving 'more quickly than expected'
Property

Ryman HY sales down but improving 'more quickly than expected'

The retirement firm said it's tracking ahead of its full-year sales guidance.

Staff reporters 09 Oct 2025
Govt agencies must assess wider benefit to NZ under new procurement rules
News in Brief

Govt agencies must assess wider benefit to NZ under new procurement rules

New Zealand businesses will have a better shot at winning government contracts as a result of changes to government procurement rules, Economic Growth Minister Nicola Willis said.The new rules will take effect on Dec 1. More than 900 submissions were received during consultation....

Staff reporters 09 Oct 2025