TTR retreads rejected argument in 2nd bid to mine iron sands

Article – BusinessDesk

Feb. 17 (BusinessDesk) – Fisheries groups have teamed up to oppose Trans Tasman Resources’ second bid to mine iron sands from the ocean floor in New Zealand’s Exclusive Economic Zone, and were joined by Origin Energy Resources Kupe NZ – on behalf of the Kupe … Read more »

Govt refusal to allow regional petrol tax slammed

Press Release – Generation Zero

Generation Zero is disappointed that the Government refuses to allow Auckland to address its transport funding deficit. Read more »

Forest & Bird warns of risks to marine mammals

Press Release – Forest and Bird

Forest & Bird is warning that the destructive practice of seabed mining would cause significant damage to the marine environment if allowed to proceed in the South Taranaki Bight. Read more »

Research: Gov’t efforts to promote oil & gas development

Press Release – Dr Terrence Loomis

New research suggests Governments efforts to promote oil and gas development while managing environmental critics and exerting more government control over resource management are harming long-standing government/civil sector relationships. Read more »

Greenpeace challenges PEPANZ to a public debate

Press Release – Greenpeace New Zealand

Im writing in regard to your invitation to attend the 2017 Petroleum Conference, taking place in Taranaki this March. I appreciate that this must be a significant step for PEPANZ, as it is the first time that Greenpeace has been formally asked … Read more »

Minister Collins puts petrol prices under the microscope

Article – BusinessDesk

Feb. 9 (BusinessDesk) – The Ministry of Business, Innovation and Employment will conduct a review to determine how fair petrol and diesel prices are at the pump, Energy and Resources Minister Judith Collins said today Read more »

Government to investigate fuel market returns

Press Release – New Zealand Government

Energy and Resources Minister Judith Collins has today announced a Market Study into fuel prices/returns to be undertaken by the Ministry of Business, Innovation and Employment (MBIE). Read more »

Official Cash Rate unchanged at 1.75 percent

Press Release – The Reserve Bank of New Zealand

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Read more »

The NZDUSD opens at 0.7314 (mid-rate) this morning

Press Release – HiFX

The NZDUSD opens at 0.7314 (mid-rate) this morning. The NZD has made small gains against all its rivals over the past 24hrs, following yesterdays better than expected inflation report and a surprise increase in this mornings GDT index. The Reserve … Read more »

While you were sleeping: Energy stocks slide with oil

Article – BusinessDesk

Feb. 8 (BusinessDesk) – A decline in energy stocks weighed on Wall Street, while investors digested comments from US Federal Reserve officials about the potential for an interest rate increase next month. Read more »

New Plymouth celebrates lower fuel prices

Press Release – Gull New Zealand

Gull New Zealand has winged its way to New Plymouth, bringing lower fuel prices to local motorists. Read more »

Lack of diversity is hurting Kiwi economy

Press Release – New Zealand Labour Party

The latest yearly overseas trade figures to December 2016, showing two consecutive annual falls in the value of New Zealands exports, shows the Government is still failing to provide the leadership necessary to diversify our economy, says Labours … Read more »

Fall in quarterly exports despite rise in dairy

Press Release – Statistics New Zealand

A nearly 10 percent rise in dairy product exports in the December 2016 quarter partly offset falls for other products, Statistics New Zealand said today. Read more »

Meat and dairy exports fall in 2016

Press Release – Statistics New Zealand

New Zealands top two export commodities, meat and dairy, both fell by value in 2016, Statistics New Zealand said today. Read more »

2016 officially declared hottest on record

Press Release – Greenpeace New Zealand

Thursday, 19 January: As 2016 is officially declared the hottest year ever recorded, the worlds largest seismic ship is searching for deep sea oil off New Zealands East Coast. Read more »

Greenpeace intercept world’s biggest seismic oil ship

Press Release – Greenpeace New Zealand

Press release – January 13, 2017 Greenpeace crew have made contact with the worlds biggest seismic oil ship after travelling 50 nautical miles on two rigid-hulled inflatables off the coast of Wairarapa. Greenpeace crew have made contact with the worlds … Read more »

European Markets focus on PMI and FOMC Data

Article – ThinkMarkets

European markets are trading higher ahead of the important economic data release. Today is the day when we will have the services PMI data for Italy, Spain, France and Germany. Higher oil prices should have its rubber stamp on these numbers however, … Read more »

Will history repeat?

Article – CMC Markets

The combination of strong gains by the ASX 200 yesterday followed by relatively modest gains in US markets makes a steady opening look the logical assumption for our market this morning. Read more »

Unusual whale strandings prompt urgent call

Press Release – Sea Shepherd NZ

Unusual whale strandings prompt urgent call for autopsies During the height of Kiwi Christmas and New Years Eve celebrations there have been several whale strandings and unusual sightings. Unusual because: these incidents involve multiple species … Read more »

Dwindling dollar drives markets

Article – CMC Markets

A sliding USD pushed gold and bond markets higher and cooled investor enthusiasm in overnight trading. Despite the dollar weakness, copper and oil fell as supply concerns hit markets. This will test the underlying strength displayed by the Australia … Read more »

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