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Auckland City, government agree to 3-year plan to fast-track city home building
May 10 (BusinessDesk) – Auckland City and the government have agreed a three-year plan to fast-track housing in New Zealand’s most-populous city, with a target of 39,000 new homes by 2016. The Auckland Housing Accord is aiming to alleviate housing pressures in Auckland after a...
Regulator sticks its guns in air cargo cartel dispute with Air NZ
By Paul McBeth May 10 (BusinessDesk) - The Commerce Commission is sticking to its guns in the long-running air cargo cartel case against Air New Zealand, which yesterday renewed its bid to have the case dropped after what it says was key evidence was withdrawn. The regulator’...
English says MRP stock debuted in expected range, will name next SOE for sale in budget
May 9 (BusinessDesk) – Finance Minister Bill English says MightyRiverPower’s shares rose as expected on their NZX debut while confirming that the next power company to be put on the block will be named in the budget next week. “It’s trading to the range that we would have expec...
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