The New Zealand Maori Council’s case to stop the partial privatisation of MightyRiverPower while tribal claims to water rights are outstanding has failed at the High Court and is now almost certainly heading for appeal. The key question now is whether it will go to the Court of Appeal, or whether grounds may be found to take it straight to …

The Reserve Bank has settled on what it thinks are appropriate capital ratio requirements for the nation’s lenders which are set to kick in from next month. The bank regulator hasn’t moved on its view that banks should be holding a ratio of 4.5 percent of common equity Tier 1 capital in relation to their risk-weighted assets, a Tier 1 …

An Arab proposal to extend the international treaty at the centre of internet negotiations in Dubai has drawn a strong response. Great Britain and the United States have both strongly opposed the restrictive measures. The 22-page proposal lead by the United Arab Emirates is backed by Russia, Saudi Arabia, Algeria and Sudan. Under the terms, “governments, the private sector and civil …