Recent Posts

NZ Agricultural exports could double by 2050 – ANZ

Up to $1.3 trillion additional revenue available to New Zealand over next four decades – New Zealand has the potential to capture $1.3 trillion more in agricultural exports between now and 2050 if targeted actions are taken, according to a new report released by ANZ today. ‘Greener pastures: The Global Soft Commodity Opportunity for Australia and New Zealand’ quantifies the size …

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Quelle Surprise – Maori Council asks High Court to throw spanner in Govt’s asset sales programme

The Maori Council will today file papers in the High Court seeking a judicial review of the government’s plan to sell down Mighty River Power. Council solicitor Donna Hall told Radio New Zealand the case is that the government “is acting illegally in proceeding to sell the shares” before establishing what prior rights Maori have. “There’s now a final decision …

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China’s Haier sweetens bid for NZ’s F&P Appliances

Chinese whiteware maker Haier has pushed its bid Fisher & Paykel Appliances to $1.28 a share, the bottom end of the independent valuation range, gaining crucial support from institutional investors to meet its 50 percent minimum acceptance threshold. Haier raised its bid 8 cents a share, bringing it within the independent valuation of between $1.28 and $1.57, it said in …

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