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NZ dollar pushes to fresh 26-month high as greenback weakens post-Fed
By Rebecca Howard July 27 (BusinessDesk) - The kiwi dollar pushed to a fresh 26-month high against the greenback as the US dollar remained out of favor in Asian trading. The kiwi traded at 75.45 US cents at 5pm from 75.12 US cents at 8am and 73.38 cents late yesterday. It t...
Government coy on proposed Climate Change Commission to enforce carbon targets
By Pattrick Smellie July 27 (BusinessDesk) - The Labour and Green parties are embracing a recommendation from the Parliamentary Commissioner for the Environment recommending the creation of an independent Crown entity, the Climate Change Commission, to set a national 'carbon b...
Fonterra wanted visible penalty for suppliers of failed dairy firm, lawyer tells Supreme Court
(Updates to recast with response from farmers' lawyer) By Sophie Boot July 27 (BusinessDesk) - Fonterra Cooperative Group penalised South Canterbury farmers who had been supplying a failed dairy company it took over to avoid bad optics with its existing suppliers and to sho...
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