Recent Posts

Government heralds biggest environment law shake-up in a generation

Environment Minister Amy Adams has unveiled proposals for the most sweeping amendments to environmental and resource management law in a generation, including a much greater role for central government to direct local government decision-making. At the heart of the proposed changes to the 22-year-old Resource Management Act is a desire to see community input into appropriate resource use occurring at …

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GPG shareholders to see cash once Coats is standing on its own

Guinness Peat Group’s shareholders will see a cash return once the investment firm has been rebranded into its biggest asset Coats, and the UK threadmaker is standing on its own two feet. The London-headquartered firm is firmly focused on getting rid of its last five assets and dealing with its UK pensions facing a shortfall in funding as it moves …

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Air NZ 1H profit soars on growth in international volumes, yields

Air New Zealand, which is 73 percent state-owned, posted first-half profit that more than doubled after lifting passenger volumes and boosting yields on international routes, while keeping costs in check. Profit rose to $100 million in the six months ended Dec. 31 from $38 million a year earlier, the Auckland-based airline said in a statement. Operating revenue rose 3.4 percent …

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