MARKET CLOSE: NZ shares rise; Sky TV recovers on rugby rights rumour
New Zealand shares started soft but ended stronger as Sky Network Television pared back some of yesterday’s losses amid speculation it's won the rights to broadcast All Blacks and Super rugby matches. The S&P/NZX50 50 Index increased by 36.98 points, or 0.3 percent, to 10,923...
Red tape and levies cut in first phase of major Building Act overhaul
The government plans to cut red tape for prefabricated building processes, introduce minimal building product standards and reduce building levies by 13 percent as part of a major overhaul of building law. Building and Construction Minister Jenny Salesa announced the changes in A...
Retentions law reform in sight as Stanley-Tallwood liquidator plans director deal
The liquidator for Stanley Group, Tallwood Holdings and associated companies wants to cut a deal with its directors and get them to pay subbies to make up for the lack of retentions held. And as he does so, the building and construction minster Jenny Salesa says she will soon...
NZ to go Dutch to battle climate change
Dutch and Kiwi farmers must innovate together, the Prime Minister of the Netherlands Mark Rutte said, announcing a joint cooperation statement on climate change with New Zealand today. Today’s cooperation statement reiterates the commitments both countries have towards climat...
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