The government has seized control of the Tui oil field and hired an international contractor to advise it on the best way to decommission the assets off the Taranaki coast. The field, formerly operated by Tamarind Resources, is shut in and last week the Environmental Protectio...
Financially unprepared New Zealanders have been caught out by the pandemic, with the Commission for Financial Capability registering a record number of requests for KiwiSaver hardship withdrawals and mortgage holidays. Speaking to Parliament’s finance and expenditure committee...
As businesses across the country teetered on the edge of financial collapse during the level 4 lockdown, thousands of new companies were being registered at the New Zealand Companies Office.In the 18 workdays between March 26 and April 23, 4,247 names were listed – 2,831 registra...
The commercial courts are back in action this week, following the five-week lockdown, and attention is now turning to the backlog created by the necessary closures. More than 20 High Court civil hearings are listed for today, compared with just handfuls each day under alert level...
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