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MPI survives defrag of fisheries, forestry, biosecurity, food safety portfolios
By Sophie Boot Dec. 13 (BusinessDesk) - The Ministry for Primary Industries will not be split under the new government, but will instead serve as an overarching body for four portfolio-based entities focused on fisheries, forestry, biosecurity and food safety. Minister for...
Government to conduct inquiry into September fuel pipeline outage
By Rebecca Howard Dec. 13 (BusinessDesk) - The government will hold an independent inquiry into the September outage of the fuel pipeline from Marsden Point refinery to Auckland, says Energy and Resources Minister Megan Woods. The 170-km pipeline, which supplies petrol, die...
FX trader faces civil proceedings over lack of anti-money laundering processes
By Sophie Boot Dec. 13 (BusinessDesk) - Jin Yuan Finance, an Auckland-based foreign exchange trader, will face civil charges under anti-money laundering law in the Auckland High Court. The FX trader, whose sole director and shareholder is Auckland-based Yuan Yuan, was issue...