Policy

Explore the latest government news by BusinessDesk. 
RBNZ revs up the printing press, doesn't rule out negative rates
Policy

RBNZ revs up the printing press, doesn't rule out negative rates

The Reserve Bank kept the official cash rate at a record low 0.25 percent but expanded its large-scale asset purchase programme to $100 billion and reiterated that negative interest rates and foreign assets purchases are still on the table.  "Reflecting a possible need for fur...

Rebecca Howard 12 Aug 2020
NZ back in covid lockdown - Auckland at level 3
Policy Free

NZ back in covid lockdown - Auckland at level 3

New Zealand is back in covid-19 lockdown with its largest city, Auckland, back at alert level 3 for three days from noon Wednesday.The rest of NZ will go back to level 2 social distancing after four new cases of covid-19 were discovered outside managed isolation and quarantine fa...

Paul McBeth 11 Aug 2020
ELECTION 2020: Aggressive decarbonisation needed now - Greens
Policy

ELECTION 2020: Aggressive decarbonisation needed now - Greens

Climate policy in the next government will focus on tangible ways to cut emissions, Green Party co-leader James Shaw says.

Gavin Evans 11 Aug 2020
Contact well-positioned for looming gas market disruption
Policy

Contact well-positioned for looming gas market disruption

Contact Energy said it is well-positioned to manage its generation fleet through the gas market disruption coming from the closure of the Tiwai Point aluminium smelter. But executives said there needs to be wider discussion across the country about the implications of that for...

Gavin Evans 10 Aug 2020