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PM's science adviser Gluckman says health sector should do more research
By Rebecca Howard June 22 (BusinessDesk) - Peter Gluckman, the Prime Minister's chief science adviser, says more funds should be poured into medical research, which accounts for less than 1 percent of the government's health budget. The government today launched a new 2017...
Public Trust, the trustee of last resort, to lose its Crown guarantee next year
By Paul McBeth June 22 (BusinessDesk) - Public Trust, the state-owned entity duty-bound to act as the trustee of last resort, will lose its Crown guarantee next year, putting it on an equal footing with privately owned supervising firms. The government will introduce legis...
Property for Industry shareholders vote to internalise management
By Sophie Boot June 22 (BusinessDesk) - Property For Industry's managers will reap a $42 million payday after the industrial property investor's shareholders voted to internalise its management contract. At the company's annual meeting in Auckland this morning, 94.4 percent...
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