Business Scoop


Emerging Climate Policies To Affect The Producers Of Oil, Gas, And Coal

Press Release – University of Waikato

A University of Waikato expert in energy law and mining says countries producing fossil fuels have no guarantee of a market for their products as the world addresses climate change. Professor Barry Barton is putting forward a paper to international … Read more »

Benefits Of Changes To Default KiwiSaver Funds Will Be Significant, Says Financial Advice NZ

Press Release – Financial Advice New Zealand

Financial Advice NZ welcomes rules changes to default KiwiSaver funds announced today by the Government. These changes will make a significant difference to the retirement savings of the hundreds of thousands of New Zealanders who are in a default … Read more »

Greens’ KiwiSaver Win Reflects Urgency Of Climate Crisis

Press Release – Green Party

The Greens in Government have won a significant change to KiwiSaver funds that will bring an end to investments in fossil fuels, Green Party Co-leader James Shaw said today. People setting aside money for the future want to know their savings are … Read more »

Default KiwiSaver Changes Support More Responsible Investment

Speech – New Zealand Government

New Zealanders savings in KiwiSaver default funds will soon exclude investment in fossil fuels, the Ministers of Finance and Commerce and Consumer Affairs announced today. Rule changes mean that investments in fossil fuel production will be excluded … Read more »

0.001% Divestment Will Hurt KiwiSavers For No Environmental Gain

Press Release – ACT New Zealand

Banning default KiwiSaver providers from investing in fossil fuels is more gesture politics from Jacinda Arderns Government, says ACT Leader David Seymour. As with the ban on offshore oil and gas exploration, this decision will hurt the economy … Read more »

KiwiSaver Ban Will Cost New Zealanders And Do Nothing For Climate Change

Press Release – PEPANZ

A ban on KiwiSaver investment into fossil fuel companies will make New Zealanders poorer in retirement and do nothing for climate change, says the Petroleum Exploration and Production Association of New Zealand (PEPANZ). “This approach will mean … Read more »

Retirement Commissioner Supports Changes To KiwiSaver Default Funds

Press Release – Commission for Financial Capability

Changes to KiwiSaver default funds announced today by the Minister of Finance and the Minister of Commerce and Consumer Affairs respond to concerns raised by New Zealanders during the Review of Retirement Income Policies , says Retirement Commissioner Jane … Read more »

Default Funds To Go Fossil Free

Press Release – Mindful Money

The government has today taken the decision to require ethical standards for default KiwiSaver funds, including exclusion of fossil fuels. This protects the interests of those who do not make a specific choice of funds when they sign up to KiwiSaver. … Read more »

Nanny State To Stop KiwiSaver Investments

Press Release – New Zealand National Party

At a time when New Zealanders are worried about their KiwiSaver balances – Labour, The Greens and NZ First have decided to meddle with their investments, Nationals Finance spokesperson Paul Goldsmith says. The Government has today announced that … Read more »

Changes To Kiwisaver Standards A Win For The Climate Over Corporate Interests

Press Release – 350 Aotearoa

This commitment by the government to ensure that New Zealanders are not financing the climate crisis through our Kiwisaver funds will be welcomed by the thousands of New Zealanders that have come together to push for this change, said Erica … Read more »

Scientists Say Methane Emitted By Humans ‘vastly Underestimated’

Press Release – NIWA

NIWA researchers have helped unlock information trapped in ancient air samples from Greenland and Antarctica that shows the amount of methane humans are emitting into the atmosphere from fossil fuels has been vastly underestimated. Graphic credit: … Read more »

NZEI Te Riu Roa welcome funding to rid schools of coal power

Press Release – New Zealand Educational Institute

The Government has announced an initial $4.8 million to replace coal boilers with cleaner biomass boilers for heating in eight schools, with more to come. Read more »

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