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” …

New Zealand stocks fell for a second day, following Wall Street lower as a global tech sell off continued. Xero led the benchmark index lower, while Diligent Board Member Services, Wynyard Group, SLI Systems and GeoOp all fell. The NZX 50 Index declined 44.284 points, or about 0.9 percent, to 5031.56. Within the index, 29 stocks fell, 10 rose and …