Policy

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Ihumatao no Bastion Point, says acting PM Peters
Policy

Ihumatao no Bastion Point, says acting PM Peters

By Pattrick Smellie July 29 (BusinessDesk) - Acting Prime Minister Winston Peters rejects suggestions the protests over historic Maori stonefields at Ihumatao, near Auckland Airport, are today's equivalent to the Bastion Point protest of the mid-1970s, although he does describ...

Pattrick Smellie 29 Jul 2019
ANZ Bank says regulatory imposts have reduced its common equity
Policy

ANZ Bank says regulatory imposts have reduced its common equity

By Jenny Ruth July 29 (BusinessDesk) - Australia-based ANZ Bank says the new conditions of registration the Reserve Bank imposed on its New Zealand subsidiary in late May mean its group tier 1 common equity has fallen 20 basis points. RBNZ had required the subsidiary to hol...

Jenny Ruth 28 Jul 2019
Robertson eyes greater flexibility in govt financial management
Policy

Robertson eyes greater flexibility in govt financial management

By Paul McBeth July 26 (BusinessDesk) - Finance Minister Grant Robertson says too much government time is spent juggling small funding pools rather than focusing on strategic issues and getting value for money and he plans to introduce greater flexibility to its financial mana...

Paul McBeth 26 Jul 2019
Overseas buyers still missing in action in June
Policy

Overseas buyers still missing in action in June

By Rebecca Howard July 26 (BusinessDesk) - The number of home transfers to overseas buyers continued to fall in the June quarter, although inner Auckland homes garnered some interest.  There were 183 home transfers to people who didn’t hold NZ citizenship or a resident visa...

Rebecca Howard 25 Jul 2019