The New Zealand dollar climbed back above 83 US cents after a bank survey showed local business confidence has continued to improve, and as Australian capital expenditure figures weren’t as bad as investors were prepared for. The kiwi rose to 83.15 US cents at 5pm in Wellington from 82.43 cents at 8am and 82.42 cents yesterday. The trade-weighted index advanced …

State-owned broadcaster Television New Zealand’s earnings after tax for the six months to Dec. 31 fell 26 percent to $14.2 million as advertising revenues fell and the network spent an extra $10.5 million buying programmes, including top-rating New Zealand’s Got Talent. Total operating revenues of $193.9 million for the half-year compared with $199.7 million in the same period a year …

The law firm that hosted Environment Minister Amy Adams’s launch of a government discussion paper on reform to the Resource Management Act has praised the initiatives, saying they are not before time. “This is by any analysis a substantial reform package, not a tune up,” said John Hassan, a resource management partner at Chapman Tripp. “It targets all parts of …