A Labour Party-led government will require the Reserve Bank of New Zealand to use changes to the rate of people’s compulsory KiwiSaver contributions rather than interest rates to control inflation while taking pressure off the over-valued kiwi dollar. “Instead of paying more interest on your mortgage, a similar amount of extra savings would go into your KiwiSaver,” Parker told an …

New Zealand’s listed dairy companies, Synlait Milk, a2 Milk Co and Fonterra Shareholders’ Fund, probably won’t face much disruption from tighter rules on infant formula in China, the nation’s biggest market for milk products, investors say. A2, whose Platinum infant formula is manufactured at Synlait’s Canterbury plant, led the three dairy companies lower on the NZX today, after saying it …

An in-depth survey of senior leaders in the Christchurch rebuild indicates growing impatience and serious weaknesses in the way major projects are being procured and managed. The minister in charge of the post-earthquakes rebuild, Gerry Brownlee, released the hard-hitting survey of the city’s progress undertaken by the Council for Infrastructure Development, an industry lobby group. “There will always be a …