The law change allowing Telecom to carve out its Chorus network unit to participate in the government’s ultra-fast broadband scheme “was always going to drive a pricing sea-change” for the company’s regulated services, according to a High Court judge. Justice Stephen Kos today turned down an appeal by Chorus to have the regulator’s initial pricing principle (IPP) set aside, and …

The mining industry lobbyist, Straterra, is calling for improved administration of New Zealand’s environmental and minerals regulations and wants the low-impact activities of mineral prospecting and exploration made automatically permissible. However, Straterra is less convinced that major reforms to the Resource Management Act’s balance between environmental and economic influences will improve the lengthy and complex processes currently facing many mining …

Kuehne + Nagel International, the Swiss logistics company, has been fined $3.1 million plus costs for its part in the so-called “Gardening Club” freight forwarding cartel case brought by the Commerce Commission after an investigation begun seven years ago. Kuehne + Nagel was the last defendant in the case involving six firms, who referred to themselves as the “Gardening Club” …