Policy
Explore the latest government news by BusinessDesk.
Policy
Woods defends 100% renewable power target
By Gavin Evans June 21 (BusinessDesk) - The government is defending its 100 percent renewable electricity target against criticism that it risks distracting efforts from cheaper and larger emission reduction efforts elsewhere. Energy and Resources Minister Megan Woods says...
Policy
Green Investment Fund targets will depend on portfolio – Treasury
By Paul McBeth June 21 (BusinessDesk) - The government’s $100 million Green Investment Fund isn’t targeting an overall rate of return, but will instead weigh up each investment on an individual basis. Treasury deputy secretary Struan Little told Parliament’s finance and exp...
Policy
Risks from exploration ban coming to pass
By Gavin Evans June 19 (BusinessDesk) - The departure of Chevron and Equinor from New Zealand’s exploration scene is a huge lost opportunity and shows how quickly the risks from the government’s exploration ban are coming to pass, energy analyst John Kidd says. Chevron is a...
Policy
Treasury mindful of gaps in living standards framework
By Paul McBeth June 19 (BusinessDesk) - Treasury has identified parts of its living standards framework where more information is needed and says some of its work is pushing the boundaries of economic theory. Deputy secretary Struan Little, who was filling in for Secretary...
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