Sky Network Television will launch a subscription video on demand service by the end of the year in a challenge to Telecom Corp., ASX-listed Quickflix, Ezyflix and eventually US-based Netflix, which pioneered such offerings and will reportedly enter the local market officially in 2015. Auckland-based Sky TV’s new service would be free to existing customers and available for a fee …

The bid by TransTasman Resource to mine the seabed in the south Taranaki Bight was “premature” and should have spent longer on understanding the impacts of its proposals on both the environment and existing users, the decision-making committee appointed by the Environmental Protection Authority says in its decision, released today. The decision, the first in response to an application for …

Investment in resource extraction from New Zealand’s vast Exclusive Economic Zone has taken a major knock today, with a decision-making committee of the Environmental Protection Authority rejecting an application from TransTasman Resources to mine ironsands off the seabed some 22 to 36 kilometres off the coast of Patea. TTR issued a statement disclosing the rejection ahead of detail from the …