News in Brief

News in Brief
Reserve Bank sets lower capital bar for business growth fund investments
News in Brief

Reserve Bank sets lower capital bar for business growth fund investments

ANZ and BNZ recommended having a look at a 100% risk weighting.

Staff reporters 24 Apr 2023
Freightways says nothing to see here amid Aussie M&A rumours
News in Brief

Freightways says nothing to see here amid Aussie M&A rumours

Freightways says it's meeting continuous disclosure obligations.

Staff reporters 24 Apr 2023
Fonterra receives $2.5m funding to replace more coal boilers
News in Brief

Fonterra receives $2.5m funding to replace more coal boilers

Fonterra is receiving up to $2.5 million in government co-funding to convert two coal boilers at its Hautapu site to wood pellets.The support comes from the Government Investment in Decarbonising Industry (GIDI) Process Heat Contestable Fund, which will also provide the co-operat...

Staff reporters 21 Apr 2023
Cook Strait freight ferry out for 6-8 weeks
News in Brief

Cook Strait freight ferry out for 6-8 weeks

The freight-only Interislander ferry Valentine will be out of action for six-to-eight weeks while it undergoes scheduled maintenance at Port Otago.Valentine arrived in Otago on Friday, prompting some credulous ship spotters to suggest it was embarking on a voyage to Antarctica.No...

Oliver Lewis 21 Apr 2023