Conduct review triggers RBNZ whistleblower service
Finance

Conduct review triggers RBNZ whistleblower service

The Reserve Bank of New Zealand is formalising its procedures with a phone line and dedicated email inbox for whistleblowers. The move comes as the regulator beefs up its prudential function and as it continues with its review alongside the Financial Markets Authority on the cond...

Victoria Young 11 Feb 2020
Robertson says books in good shape to weather coronavirus
Economy

Robertson says books in good shape to weather coronavirus

Finance Minister Grant Robertson says the latest government accounts are in good shape, however the outbreak of coronavirus is expected to knock the economy in coming months.The government's operating balance before gains and losses was a surplus of $400 million in the six months...

Victoria Young 11 Feb 2020
Mainfreight awaits Chinese freight spike as holiday ends
Coronavirus

Mainfreight awaits Chinese freight spike as holiday ends

Mainfreight is bracing for an uptick in demand from Chinese exporters once the country’s factories reopen following the coronavirus outbreak, although it’s not clear when that will be. While Chinese authorities told businesses to remain shut until Feb. 10 to stop the virus from s...

Victoria Young 11 Feb 2020
Law firm defends $11.6m negligence suit after landmark leaky building case
Law & Regulation

Law firm defends $11.6m negligence suit after landmark leaky building case

A specialist leaky-building law firm has been sued for negligence for almost $12 million by the owners of the Spencer on Bryon tower on Auckland’s North Shore.  Grimshaw & Co had acted for the body corporate of the 23-storey hotel and apartment complex in its claim against the...

Victoria Young 07 Feb 2020