Policy

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TVNZ needs to treble in size to compete with global giants - CEO
Policy

TVNZ needs to treble in size to compete with global giants - CEO

By Paul McBeth Aug. 29 (BusinessDesk) - Television New Zealand will need to be three times the size it is now if it's to fend off the likes of global online media giants Disney and Netflix, says chief executive Kevin Kenrick.  The state-owned broadcaster has built up a war-...

Paul McBeth 29 Aug 2019
Unfair water allocation needs urgent fix - Waitangi Tribunal
Policy

Unfair water allocation needs urgent fix - Waitangi Tribunal

By Paul McBeth Aug. 28 (BusinessDesk) - The Crown has been told to urgently rectify the first-in, first-served water allocation scheme with iwi and hapu allocations at a catchment level, as part of an overhaul of laws governing freshwater use that have consistently failed Maor...

Paul McBeth 28 Aug 2019
Parker blocks West Coast hydro proposal
Policy

Parker blocks West Coast hydro proposal

By Gavin Evans Aug. 28 (BusinessDesk) - A 20-megawatt hydro scheme on the West Coast has been blocked by Environment Minister David Parker due to its impact on the pristine and outstanding nature of the Morgan Gorge. The $100 million development, proposed by Greymouth-based...

Gavin Evans 28 Aug 2019
RBNZ's Orr urges business, govt to take advantage of cheap finance
Policy

RBNZ's Orr urges business, govt to take advantage of cheap finance

By Rebecca Howard Aug. 28 (BusinessDesk) - Reserve Bank governor Adrian Orr wants businesses and government to take advantage of low interest rates and invest in long-term projects, but says savers may need to re-think relying on low-risk term deposits.  "Businesses and gov...

Rebecca Howard 28 Aug 2019