Wednesday , October 18 2017
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Politics

NZ ‘holding our ground’ in TPP dairy talks, says Groser

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By Pattrick Smellie Sept. 23 (BusinessDesk) – New Zealand negotiators are “holding our ground” in talks to conclude the Trans-Pacific Partnership trade and investment treaty with some improved access expected for dairy exports to the highly protected markets of North America and Japan, says Trade Minister Tim Groser. He acknowledged that comments from Prime …

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Key gives guarded view on TPP dairy deal prospects

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By Pattrick Smellie Sept. 21 (BusinessDesk) – Prime Minister John Key has given a guarded view of New Zealand’s chance of striking the “high quality” deal it has always sought in the 12 nation Trans-Pacific Partnership trade and investment negotiations, saying that “at least it will be the very best we …

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SkyCity get Auckland Council resource consent for convention centre

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By Jonathan Underhill Sept. 18 (BusinessDesk) – SkyCity Entertainment Group, New Zealand’s only listed casino company, said it has gained resource consent approval for the convention centre. The company gets some $458 million of gaming concessions as a result of agreeing to build the convention centre in a deal with the government. In May, SkyCity …

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Solid Energy creditors vote in favour of 2 1/2-year wind-down plan

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By Suze Metherell Sept. 17 (BusinessDesk) – Creditors of New Zealand’s failed state-owned coal miner Solid Energy have voted in favour of an orderly sell down over the next 2 1/2 years, rejecting a last minute foreign bidder’s request to delay the watershed meeting ahead of a possible buyout. Korda Mentha …

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Bennett denies scuttling of Lochinver sale was political; decision raises questions for future OIO rulings

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By Paul McBeth and Jonathan Underhill Sept. 17 (BusinessDesk) – Associate Finance Minister Paula Bennett says the government’s decision to reject the Overseas Investment Office’s recommendation on the sale of Lochinver Station to Shanghai Pengxin wasn’t political and ultimately she wasn’t convinced the deal provided enough benefit to New Zealand. The …

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Kim Dotcom et al seek further delay to extradition

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Kim Dotcom and his fellow Megaupload co-accused have again sought to delay their extradition fight with the US, claiming natural justice has been denied as they’re unable to pay for expert witnesses outside New Zealand. In the Court of Appeal Justices John Wild, John Fogarty and Jillian Mallon reserved their decision, while Justice Wild said they were “presented …

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