Policy
Explore the latest government news by BusinessDesk.
Finance
Fasten seatbelts for the Trump twitter-storm fallout
By Jenny Ruth Aug. 26 (BusinessDesk) - It will be a case of fasten your seat belts and expect turbulence as markets across Asia open today after the escalation of the US-China trade war, US President Donald Trump's tweets labelling his own Federal Reserve chair Jerome Powell a...
Markets
NZ dollar rises after Orr talks up the economy
By Jenny Ruth Aug. 23 (BusinessDesk) - The New Zealand dollar rose after Reserve Bank governor Adrian Orr painted a rosy picture of the local economy and described the 50 basis point cut in the official cash rate earlier this month as “a pre-emptive double cut” to reduce the n...
Infrastructure
RESEND: Twyford's choice: NZTA or Super Fund for Auckland light rail
(Resend for customers who missed delivery) By Paul McBeth Aug. 22 (BusinessDesk) - Transport Minister Phil Twyford will decide early next year whether to use traditional government procurement to build a light rail network in Auckland, or bypass those processes with a New Z...
Infrastructure
Stable ETS important for Marsden Point
By Gavin Evans Aug. 21 (BusinessDesk) - The top-quartile emissions performance of the Marsden Point oil refinery is a national advantage and one the firm will be working to maintain when it enters the emissions trading scheme in 2023, chief executive Mike Fuge says. Refinin...
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