Policy

Explore the latest government news by BusinessDesk. 
Rural land sale cleared Bathurst's Canterbury expansion
Policy

Rural land sale cleared Bathurst's Canterbury expansion

By Gavin EvansOct. 1 (BusinessDesk) - Bathurst Resources has been cleared to buy a 31.5 hectare rural "lifestyle block" to extend its Canterbury coal mining operations just five months after Land Information Minister Eugenie Sage blocked expansion of a gold mine in the Bay of Ple...

Gavin Evans 30 Sep 2019
8 Rivers carbon-capture project in $60m capital-raise, drops bid for govt backing
Policy

8 Rivers carbon-capture project in $60m capital-raise, drops bid for govt backing

By Gavin Evans Oct. 1 (BusinessDesk) - The promoter of a $4 billion carbon capture and storage project that would establish a New Zealand fertiliser export industry has abandoned its bid for government support and is raising $60 million privately to advance the initiative....

Gavin Evans 30 Sep 2019
Experts largely support RBNZ's bank capital proposals
Policy

Experts largely support RBNZ's bank capital proposals

By Jenny Ruth Oct. 1 (BusinessDesk) - The three independent experts' critiques of the Reserve Bank's bank capital proposals are largely supportive with the British expert, in particular, demolishing the commercial banks' complaints that the central bank wants them to hold too...

Jenny Ruth 30 Sep 2019
Reality needed on pace of low-carbon transition - Wood Mackenzie
Policy

Reality needed on pace of low-carbon transition - Wood Mackenzie

By Gavin Evans Sept. 30 (BusinessDesk) - Governments and industry need to be more upfront with consumers about how long the transition to a lower-carbon world is going to take, a visiting energy expert says. People want action on climate change but many have unrealistic exp...

Gavin Evans 30 Sep 2019