Politics
Policy
Small end of town needs to chip in on climate change - Carr
Corporate New Zealand is increasingly engaged on the real challenges of climate change but the nation’s efforts will need to be much broader based to be effective, the new head of the Climate Change Commission says. Rod Carr, previously Vice-Chancellor of Canterbury University...
Economy
Rail revaluation bolsters Crown 2019 accounts as tax take swells
The government's annual accounts were healthier than predicted, due in large part to a $2.6 billion reversal in earlier writedowns to the value of the rail network, and a bigger tax take. The operating balance before gains and losses (obegal) was a surplus of $7.5 billion in...
Primary Sector
Labour ministers overturn Greens' Sage on Waihi tailings dam
In a surprise turnaround, the government has given OceanaGold a greenlight to buy land to expand its Waihi mine after the application was previously turned down by Land Information Minister Eugenie Sage.The ASX-listed firm, New Zealand’s biggest gold miner, is mostly owned by US...
Policy
Shane Jones' PGF quietly made tax-exempt
The government has quietly added Shane Jones' Provincial Growth Fund to the list of government entities that are exempt from paying tax. The move was done so quietly that Revenue Minister Stuart Nash's office had to check with Forestry and Regional Development Minister Jones'...
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Pattrick Smellie
Founding Editor
Pattrick was judged New Zealand's best overall columnist and business columnist of the year at the Voyager 2021 Media Awards. He has more than 35 years’ experience reporting and working in New Zealand politics and the commercial sector. A former Press Gallery chairman, he is an award-winning journalist and has worked for titles including The Dominion, The Press, Sunday Star-Times and National Business Review. He was the first NZ correspondent for The Australian and co-founded BusinessDesk in 2008.
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