Archive for July, 2018

Expect delays on SH2 near Te Puna this weekend

Press Release – NZTA

The NZ Transport Agency advises road users they can expect delays on State Highway 2 between Omokoroa Road and Esdaile Road this Saturday 21st and Sunday 22nd July between 7am and 5pm while tree felling & maintenance work is carried out. Read more »

TV programme introduces people to Parliament

Press Release – Office of the Clerk

Parliament TV will be airing a new programme to share how Parliament works, and to encourage people to get involved. Read more »

Hawaiki Submarine Cable begins commercial operations

Article – BusinessDesk

July 20 (BusinessDesk) – Hawaiki Submarine Cable has begun commercial operations for its 15,000 km fibre optic deep-sea cable linking Australia, New Zealand, the Pacific and the United States. Read more »

LGNZ corrects position on waste levy

Press Release – New Zealand Taxpayers’ Union

Local Government New Zealand have visited the offices of the Taxpayers Union and advised that, while they support raising the waste levy, they dont have a specific target in mind. This corrects a report from Radio New Zealand ( cited by … Read more »

Net migration falls in June, remains historically high

Article – BusinessDesk

July 20 (BusinessDesk) – New Zealand’s annual net migration dropped in June as fewer foreigners arrived and more Kiwis left, but remains high. Read more »

Visitor Levy could see visitors paying multiple times

Press Release – Tourism Export Council

Tourism operators are welcoming a proposed tourism levy but say theyre concerned visitors could end up paying multiple times to go on the Department of Conservation (DOC) land. Read more »

West Coast feasibility study highlights potential of rail

Press Release – KiwiRail

A feasibility study for a new West Coast tourism service highlights rails ability to drive economic growth in the regions, KiwiRail Chief Executive Peter Reidy says. Read more »

Commerce Commission files proceedings against Wilson Parking

Press Release – BusinessDesk

July 20 (BusinessDesk) – The Commerce Commission has filed proceedings against Wilson Parking, alleging New Zealands biggest parking company substantially lessened competition for the supply of car parking in the Boulcott Street area in central … Read more »

SeaDragon’s funding transaction unfair

Article – BusinessDesk

July 20 (BusinessDesk) – SeaDragon’s proposed funding transaction is not fair to non-associated shareholders but the positives outweigh the negatives given the position in the company is in, according to independent advisers Campbell MacPherson. Read more »

West Coast: kickstart for ports, rail, town

Press Release – New Zealand Government

The Provincial Growth Fund (PGF) is backing the West Coast with initial investment in projects that could lift the regions productivity potential and future-proof its economy. Read more »

WorkSafe accepts enforceable undertakings

Press Release – WorkSafe NZ

WorkSafe New Zealand has accepted enforceable undertakings from Plunket Electrical Oamaru Limited and McConnell Dowell Constructors Limited. Read more »

Morningstar cuts earnings forecast for Z Energy

Article – BusinessDesk

July 20 (BusinessDesk) – Morningstar Research lowered its fiscal 2019 earnings per share forecast but kept its hold rating on Z Energy after the countrys biggest fuel retailer downgraded its profit outlook amid a longer-than-anticipated shutdown … Read more »

Advisor to Health Minister mixes his work and his politics

Press Release – New Zealand Taxpayers’ Union

The Health Ministers new policy advisor, Dr Rob Beaglehole, is out of line in appearing on Newshub this morning to lobby for new sugar labelling rules wearing the hat of a Dental Association spokesman. Read more »

NZ dollar falls amid fears about slowing Chinese growth

Article – BusinessDesk

July 20 (BusinessDesk) – The New Zealand dollar fell as growing fears of a slowing Chinese economy pushed down metal prices and weighed on currencies of nations producing raw materials. Read more »

Radiata, right tree, at this time

Press Release – ForestX

Radiata Pine will grow at about five times faster than native species. It grows almost anywhere, its easy to establish and manage and the underpinning science has a 70-year record. It is now about 95% of the commercial plantation estate that returns … Read more »

Annual net migration down 7,400 from peak in 2017

Press Release – Statistics New Zealand

Annual net migration eased slightly to 65,000 in the June 2018 year, as fewer migrants arrived and more left, Stats NZ said today. Read more »

MYBs generate ‘wow factors’ in fruits and vegetables

Press Release – Plant and Food Research

Novelty and health benefits play a major role in influencing consumers purchasing decisions and are often controlled in the plant by a family of proteins called MYBs. Understanding how these work could result in new fruits and vegetables on the supermarket … Read more »

New trans-Pacific data cable launch improves resilience

Press Release – New Zealand Government

New trans-Pacific data cable launch improves resilience and competition Broadcasting, Communications and Digital Media Minister Clare Curran has welcomed the commercial launch of the new trans-Pacific Hawaiki cable that improves and enhances New Zealands … Read more »

Lack of investment biggest threat to global economy

Press Release – Grant Thornton

According to Grant Thornton Internationals latest International Business Report (IBR) survey, New Zealand business leaders are becoming less confident about the economic outlook with optimism falling from 76% in Q1 2018 to 60% last quarter. This … Read more »

Visitor numbers retreat in June

Press Release – Statistics New Zealand

The number of visitors to New Zealand in June 2018 was 212,200, down 17,800 from June 2017, Stats NZ said today. Read more »

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