Sunday , April 21 2019
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Politics

The Nation: Lisa Owen interviews Steven Joyce post-budget

Finance Minister Steven Joyce says his budget treats everyone fairly, but says it’s aimed at families with children and low to middle incomes. Joyce says 6,000 families will be worse off after the budget by up to $3 a week. Another 200 families will be worse off by more than $3 a week, and there’s a $2million fund set aside …

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Q+A: Prime Minister Bill English on Trump, TPP, Japan and China

Prime Minister Bill English told Q+A’s Corin Dann that New Zealanders shouldn’t be too concerned about what’s happening politically in the United States. Bill English: Well, we just, I think, need to understand there’s a lot of domestic politics in the US that’s pretty robust – certainly at the moment – a different way of the president operating. But hour …

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NZ INC. best of the web: Trans-Pacific Partnership

NZ INC. brings you the best Trans-Pacific Partnership coverage from around the web. Friday, October 2 John Key spoke at a breakfast hosted by the Asia Society this week, where he talked about China’s attitude towards the TPP and New Zealand’s place in it. See the video here.  ” AsiaSociety.org: Video: New Zealand Leader Says China Sees Opportunity in the …

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

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 Minister John Key on Monday, that whatever deal was achieved …

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Key gives guarded view on TPP dairy deal prospects

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 can do.” International reports suggest a final ministerial meeting will …

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SkyCity get Auckland Council resource consent for convention centre

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 lifted the minimum it will invest in the development to $430 million …

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

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 administrator Brendon Gibson said a move by Australian company Mach …

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

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 OIO had recommended to Bennett and Land Information Minister Louise Upston …

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Government scuttles Shanghai Pengxin’s $88M Lochinver Station purchase on benefit test

By Jonathan Underhill Sept. 17 (BusinessDesk) – The government has scuttled Shanghai Pengxin’s $88 million purchase of Lochinver Station, which it would have added to a portfolio including the Crafar farms, saying the transaction failed on the test of providing a substantial benefit to New Zealand. “After detailed and careful individual consideration, we are not satisfied there will be, or is likely …

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