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NZ dollar heads for 1.3% weekly fall as greenback firms, US jobs data looms
By Paul McBeth Sept. 5 (BusinessDesk) - The New Zealand dollar is heading for a 1.3 percent weekly decline against the greenback as a string of US economic data firms up support for the world's reserve currency on expectations the Federal Reserve will start hiking interest rat...
NZ tourism spending forecast to increase 25% by 2020, MBIE says
By Tina Morrison Sept. 5 (BusinessDesk) - Tourism spending in New Zealand will likely increase 25 percent to an annual $8.3 billion by 2020, driven by an increased number of visitors, according to a report by the Ministry of Business, Innovation and Employment. Visitor numb...
EPA gives early nod on Taranaki well consent application
By Pattrick Smellie Sept. 5 (BusinessDesk) - The first marine consent application to drill for oil and gas in the Taranaki Basin has gained early approval from the Environmental Protection Authority in a process being closely watched by the industry after the hurdles struck by...
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