Policy
Explore the latest government news by BusinessDesk.
Policy
Stable ETS important for Marsden Point
By Gavin Evans Aug. 21 (BusinessDesk) - The top-quartile emissions performance of the Marsden Point oil refinery is a national advantage and one the firm will be working to maintain when it enters the emissions trading scheme in 2023, chief executive Mike Fuge says. Refinin...
Policy
Steep rate cut aimed at staving off unconventional monetary policy: Hawkesby
By Rebecca Howard Aug. 21 (BusinessDesk) - The recent steep rate cut by the Reserve Bank of New Zealand was aimed at reducing the probability that unconventional tools would be needed in the future, assistant governor Christian Hawkesby said in a speech published on the bank's...
Policy
Nimbys, carparks and the status quo under threat as govt tells big cities: grow up and out
By Pattrick Smellie Aug. 21 (BusinessDesk) - Local councils face a huge shift in how they plan the growth of cities, with the government issuing draft national directives that would require councils to focus on the positive and future impacts of new developments rather than th...
Policy
Napier Port jumps 12% on NZX debut following oversubscribed public offer
By Rebecca Howard Aug. 20 (BusinessDesk) - Napier Port debuted at $2.91 on the New Zealand stock exchange, up 12 percent on its initial public offer price, amid pent-up demand after an oversubscribed bookbuild earlier this month. Hawke's Bay Regional Council raised $234 mil...
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