Conservation Minister Nick Smith has given the green light for Port of Tauranga to widen and deepen its shipping channels, creating space to let in bigger vessels. The minister granted resource consent after local iwi blocked the plan under the old Resource Management Act for four years, Smith said in a statement. The consents mean Port of Tauranga can dredge …

New Zealanders are being offered an allocation incentive to pre-register for shares in MightyRiverPower as the government ramps up a campaign to promote the $1.8 billion selldown of the state-owned power company. Those that pre-register over the next three weeks may be allocated 25 percent more shares than those who don’t pre-register if demand exceeds supply, Finance Minister Bill English …

Auckland real estate firm Barfoot & Thompson lifted its property listings and sales last month, which slowed the pace of price rises as more houses were available to meet overheating demand. New listings climbed 22 percent to 1,752 in February from a month earlier, while sales advanced 8.8 percent to 892, the realtor said in statement. Sale prices increased 0.6 …