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New national drinking water regulator confirmed
By Pattrick Smellie July 31 (BusinessDesk) - A new central government regulator will take over responsibility for the nation's drinking water supplies after gaps in the current system were exposed by the 2016 Havelock North drinking water contamination that poisoned hundreds a...
MARKET CLOSE: NZ shares fall as gloomy building sector weighs on Fletcher
By Paul McBeth July 31 (BusinessDesk) - New Zealand shares fell as a gloomy local construction sector and warnings about the state of building conditions in Australia weighed on Fletcher Building. The S&P/NZX 50 Index declined 21.2 points, or 0.2 percent, to 10,857.75. With...
NZ dollar falls as business funk deepens
By Jenny Ruth July 31 (BusinessDesk) - The New Zealand dollar fell after a survey showed business sentiment, especially in the construction sector, has become even grimmer and as domestic interest rates hit fresh record-lows. The kiwi was trading at 65.97 US cents at 5pm in...
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