The New Zealand dollar is heading for a 1.2 percent weekly fall against the greenback as weaker than expected Chinese manufacturing added to a souring mood among investors looking for reasons to sell. The kiwi traded at 82.71 US cents at 5pm in Wellington from 82.77 cents t 8am, down from 83.15 cents yesterday. The trade-weighted index decreased to 75.78 …

Liquidators have been appointed to a raft of Mainzeal and Richina related companies at the request of the shareholder. BDO’s Andrew Bethell and Brian Mayo-Smith have been appointed liquidators of the group companies, including the first firm to fall over Mainzeal Property and Construction, according to documents lodged with the Companies Office. The appointments were made yesterday by a special …

Environment Minister Amy Adams is taking a combative approach to early criticism from environmental groups of the government’s proposed changes to the Resource Management Act, saying the critics are “out of touch with New Zealanders.” Fundamental reform proposals for the 22 year-old RMA legislation were published yesterday with a raft of measures to give much greater power to the central …