Policy
Explore the latest government news by BusinessDesk.
Infrastructure
Active, planning role urged for new infrastructure body
By Gavin Evans May 23 (BusinessDesk) - A proposed national infrastructure commission needs to address gaps in regional planning and could play a more active role in setting standards for smaller councils to work to, lawmakers heard yesterday. The New Zealand Infrastructure...
Services
AFT interested in medicinal cannabis but says it's not commercially viable yet
By Jenny Ruth May 22 (BusinessDesk) - AFT Pharmaceuticals’ founder and managing director Hartley Atkinson says he’s having ongoing discussions about getting involved in providing medicinal cannabis products but the current tough regulatory environment doesn’t make it very attr...
Markets
NZ dollar falls after RBA governor flags potential rate cut
By Jenny Ruth May 21 (BusinessDesk) - The New Zealand dollar fell against the greenback, dragged down by its trans-Tasman counterpart after Reserve Bank of Australia governor Philip Lowe talked about considering a rate cut in two weeks’ time. The kiwi was trading at 65.11 U...
Finance
Auditors need to come out of the shadows and explain the value they add: FMA
By Paul McBeth May 21 (BusinessDesk) - Financial Markets Authority chief executive Rob Everett wants the audit profession to explain how it adds value to investors, who are largely sceptical of their benefit. The market watchdog commissioned Buzz Channel to survey retail a...
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