Policy
Explore the latest government news by BusinessDesk.
Finance
RBNZ's Orr urges business, govt to take advantage of cheap finance
By Rebecca Howard Aug. 28 (BusinessDesk) - Reserve Bank governor Adrian Orr wants businesses and government to take advantage of low interest rates and invest in long-term projects, but says savers may need to re-think relying on low-risk term deposits. "Businesses and gov...
Infrastructure
No revisiting of exploration ban in govt resource strategy
By Gavin Evans Aug. 27 (BusinessDesk) - The government’s draft 10-year strategy for minerals and petroleum emphasises the importance of gas for energy security and as a transition fuel to a low-emissions economy, but says the ban on exploration won’t be revisited. The 42-pa...
Infrastructure
Govt clamps down on web service providers after data breach
By Pattrick Smellie Aug. 26 (BusinessDesk) - A swathe of government departments have been ordered not to use web and information communications technology service providers not on an approved list following disclosure of a major data privacy breach over the weekend. The Tre...
Infrastructure
Balanced consenting framework needed for renewables - Meridian
By Gavin Evans Aug. 26 (BusinessDesk) - New Zealand requires a “significant uplift” in renewable generation investment if the country is to get anywhere close to its 2050 net-zero carbon target, Meridian Energy says. The company, which hopes to make an investment decision b...
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