Policy
Explore the latest government news by BusinessDesk.
Infrastructure
OMV's Great South Basin application draws 260 submissions
By Gavin Evans June 10 (BusinessDesk) - More than 260 groups and individuals have submitted on OMV’s application to the Environmental Protection Authority to drill in the Great South Basin. Most oppose the application citing concern about climate change – a ground the decis...
Infrastructure
Environmental concerns prompt tighter Transmission Gully controls
By Paul McBeth June 10 (BusinessDesk) - Greater Wellington Regional Council has imposed a stricter environmental regime on the construction of the 27-kilometre Transmission Gully highway north of Wellington due to ongoing concerns about erosion and sediment control failures....
Finance
Jenny Ruth: ANALYSIS AND CORRECTION: A tale of ORCs and an under-resourced Reserve Bank
By Jenny Ruth June 10 (BusinessDesk) - Reserve Bank governor Adrian Orr says the prudential part of his organisation, the part that oversees the banking system, is under-resourced. “We need more resource. We’ve said that very often. That was, in part, one of the outcomes of...
Infrastructure
Transmission Gully contractor lodges material claim against NZTA
By Paul McBeth June 7 (BusinessDesk) - With less than a year until it’s scheduled to open, the contractor tasked with building and maintaining the 27-kilometre Transmission Gully highway north of Wellington has lodged a claim big enough for the New Zealand Transport Agency to...
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