Policy
Explore the latest government news by BusinessDesk.
Policy
RBNZ says it may still need to do more
The Reserve Bank may need to do more to support the local economy, saying gains from New Zealand's success in beating back covid-19 might not last. “The severe global economic disruption caused by the covid-19 pandemic is persisting, leading to lower economic activity, employm...
Policy
RBNZ finally green-lights AMP Life sale with NZ policy holder safeguards
The Reserve Bank of New Zealand has approved the sale of AMP Life to Bermuda-based Resolution Life in a revised deal hammered out over 18 months that includes significant safeguards to protect NZ policy holders. AMP announced the sale of its life businesses on both sides of th...
Policy
Govt tweaks border rules for ship crews, formalises compulsory testing
Crew on international cargo and fishing vessels are being added to the list of people who must spend 14 days in quarantine if they wish to take any 'shore leave'.
Policy
Rotorua hotels stood up as managed isolation capacity stretched
The Ibis and Sudima hotels in Rotorua have joined the government’s stable of managed isolation units as the inflow of returning Kiwis starts pushing existing capacity.Two hundred and thirty two people were bussed down to the Rotorua hotels on their arrival from three trans-Tasman...
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