Policy
Explore the latest government news by BusinessDesk.
Infrastructure
Affordable power key to decarbonisation - Genesis
Policymakers will need to ensure electricity remains affordable and reliable if the country is to decarbonise transportation and heavy industry, Genesis Energy says.Electricity – 84 percent renewable last year – has a key role to play in helping the country meet its Paris climate...
Economy
Stronger-than-expected inflation won't deter November rate cut - economists
New Zealand’s stronger-than-expected third-quarter inflation won’t deter the Reserve Bank from cutting interest rates again with most economists expecting a 25-basis point rate cut in November. The consumers price index increased 0.7 percent in the September quarter, bringing...
Economy
Domestic inflation rises at fastest annual pace in eight years
Consumer prices rose in the September quarter as housing costs spurred the largest annual increase in non-tradeable, or domestic, inflation in eight years. The consumers price index increased 0.7 percent in the September quarter, bringing the annual rate of inflation to 1.5 pe...
Economy
Peters to unions: strikes not helpful; no word on Fair Pay Agreements
Deputy Prime Minister Winston Peters used his first-ever address to a Council of Trade Unions national conference to chide the union movement for striking more under a Labour-led than a National-led government. He also made clear that his New Zealand First party is nowhere nea...
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