Policy
Explore the latest government news by BusinessDesk.
Property
Overseas buyers still missing in action in June
By Rebecca Howard July 26 (BusinessDesk) - The number of home transfers to overseas buyers continued to fall in the June quarter, although inner Auckland homes garnered some interest. There were 183 home transfers to people who didn’t hold NZ citizenship or a resident visa...
Markets
NZ dollar tumbles as markets focus on likely RBNZ rate cut
By Rebecca Howard July 26 (BusinessDesk) - The New Zealand dollar is sharply weaker as markets focus on a likely rate cut in early August, in particular after the head of the Australian central bank said he's ready to cut rates if necessary. The kiwi was trading at 66.57 ...
Infrastructure
Forest & Bird says greenhouse gas targets require significant land use change
By Rebecca Howard July 25 (BusinessDesk) - The Royal Forest & Bird Protection Society told the parliamentary environment select committee significant changes to land use are essential to reach proposed emission reduction targets. Forest & Bird argued the targets contained i...
Retail
Competition, consumer protections key to productivity - ComCom
By Gavin Evans July 25 (BusinessDesk) - Competition and proper consumer protections will be essential if New Zealand is to benefit from the rapid technological developments underway globally, Commerce Commission chair Anna Rawlings says. While new technologies are providing...
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