Policy

Explore the latest government news by BusinessDesk. 
KiwiRail gets $94.8m for Northland upgrade
Policy

KiwiRail gets $94.8m for Northland upgrade

By Gavin Evans Sept. 6 (BusinessDesk) - The government will provide $94.8 million to upgrade the rail link from Auckland to Whangarei. The planned work will include replacing or upgrading almost a third of the 181-kilometre line between Swanson and Whangarei. It will includ...

Gavin Evans 06 Sep 2019
NZ dollar rises on Hong Kong, US-China trade developments
Policy

NZ dollar rises on Hong Kong, US-China trade developments

By Jenny Ruth Sept. 5 (BusinessDesk) - The New Zealand dollar rose after Hong Kong’s government formally killed the extradition bill that sparked massive protests since June. It received a further fillip when the US and China agreed to resume high-level trade talks. The kiw...

Jenny Ruth 05 Sep 2019
Cyber security losses jump in June qtr - Cert NZ
Policy

Cyber security losses jump in June qtr - Cert NZ

By Rebecca Howard Sept. 5 (BusinessDesk) - Financial losses stemming from cyber security incidents jumped in the June quarter along with the number reported to the New Zealand police. Financial losses in the quarter reached $6.5 million, up from $1.7 million in the prior th...

Rebecca Howard 05 Sep 2019
Farmers face $1b bill to meet new freshwater requirements
Policy

Farmers face $1b bill to meet new freshwater requirements

By Pattrick Smellie Sept. 5 (BusinessDesk) - Government proposals to radically improve the quality of New Zealand’s freshwater resources look likely to cost farmers at least $1 billion over 10 years. Environment and Agriculture ministers David Parker and Damien O’Connor rel...

Pattrick Smellie 04 Sep 2019