The Parliament’s primary production select committee wants to give foreign fishing vessels loopholes to get around registering under a New Zealand flag in their report back on legislation forcing the ships to change their colours. The committee, chaired by National MP Shane Ardern, has recommended an amendment to the Fisheries (Foreign Charter Vessels and Other Matters) Amendment Bill that would …

The business community provided an upbeat reception, with rave reviews for Finance Minister Bill English and a widespread sense of renewal following the emergence from the struggles of the Global Financial Crisis and the Christchurch earthquakes. Digital technology featured strongly, and one article in the 2013 report even called for the introduction of the government chief technology officer. Divisive issues …

Fonterra Cooperative Group, the world’s largest exporter of dairy products, said earnings would miss its forecast by about 7.3 percent because of the drought in New Zealand and intense competition in Australia. Earnings before interest, tax and one-time items would be about $1 billion in the year ending July 31, down from the $1.079 billion forecast in its Shareholders’ Fund …