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EPA wrongly delegated duty to Maritime NZ in Anadarko permit, Greenpeace lawyer says

The Environmental Protection Agency wrongly delegating responsibility for assessing the environmental impact of an oil spill when it gave an exploration permit to Texan oil company Anadarko, counsel for Greenpeace New Zealand told the High Court in Wellington today. The EPA erred in law when it let Anadarko drill an exploratory well of the Waikato coast by not seeking key …

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NZ Dollar Outlook Kiwi may rise as greenback falls out of favour

The New Zealand dollar may rise this week as sentiment turns against the US dollar even as data shows the world’s largest economy is improving. The local currency may trade between 80.80 US cents and 84.50 cents this week, according to a BusinessDesk survey of 11 traders and strategists. Nine expect the currency to advance while two say it may …

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