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Labour won't intervene in any other market, says Roberston
April 24 (BusinessDesk) - Labour Party deputy leader Grant Robertson has moved to try and reassure financial markets that its sudden lurch to favour central planning in the electricity industry is one-off. In a statement attacking Economic Development Minister Steven Joyce, Robe...
Conservation boss Al Morrison moves on as DOC undergoes ‘significant change’
April 24 (BusinessDesk) – Department of Conservation boss Al Morrison is leaving for a new role at the State Services Commission as the department prepares for “significant change.” Morrison will take up the role of Deputy Commissioner – Corporate Centre at the commission on Se...
NZ Super Fund sells forestry blocks to Chinese, local investors
By Paul McBeth April 24 (BusinessDesk) - The New Zealand Superannuation Fund, which today said the value of its portfolio topped $22 billion, has sold the bulk of 11 forestry blocks in the North Island to China National Forest Products Trading Corp for an undisclosed sum, with t...
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