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Government announces new vocational education structures
By Rebecca Howard Aug. 1 (BusinessDesk) - Up to seven industry-governed Workforce Development Councils will be formed by 2022 to help tackle skill shortages and a mismatch between training currently provided and the needs of employers, the government says. The new councils...

High-flying property stocks likely to rise further: Jarden
By Jenny Ruth Aug. 1 (BusinessDesk) - The value of New Zealand’s listed property stocks has risen 60 percent on average since they bottomed in 2012 and they are now trading about 18 percent above their net tangible asset backing. That suggests the market expects the value o...

Vodafone to switch on 5G in December
By Rebecca Howard Aug. 1 (BusinessDesk) - Vodafone New Zealand, owned by Infratil and Brookfield Asset Management as of today, plans to switch on a 5G network in Auckland, Wellington, Christchurch and Queenstown in December. “5G is so much more than the successor to 4G. It’...