The Court of Appeal has upheld the rejection of plans to create a dominant newspaper publisher through the merger of Stuff and NZME read on . . .

The BusinessNZ Planning Forecast for the September 2018 quarter shows continued growth but with some easing expected.

New Zealand Oil & Gas and its partners have started drilling the Kohatukai-1 exploration well south-east of New Plymouth

The Overseas Investment Office has approved a bid by Bounty Holdings New Zealand to buy Tegel Group Holdings, and the offer has been declared unconditional

Action Manufacturing has received Overseas Investment Office approval to lease land near Hamilton to expand its campervan manufacturing business.

Megan Woods will this week introduce legislation to implement the ban on new offshore oil and gas exploration against the advice of MBIE, which says it will cost the Government $7.9 billion in lost revenue reports Newsroom's Thomas Coughlan.

The legislation gives effect to the decision taken by Woods in April to ban future offshore exploration "block offers".

Under the proposed legislation the Government will stop granting any new offshore exploration permits. It does not affect holders of existing offshore permits, but any future block offers will be limited to onshore exploration.

Woods’ decision was controversial and the revelation that it was made without widespread industry consultation was widely criticised as further damaging Labour’s relationship with the business community.

National Party leader Simon Bridges called the ban a "wrecking ball" for regional New Zealand.

Regional Development Minister Shane Jones allocated nearly $20 million in funding from the Provincial Growth Fund to Taranaki, but Bridges labelled the funding a "compensation package" which could not make up for the loss of high-paying oil and gas jobs. Rod Oram, writing for Newsroom Pro, cast doubt on some of the oil and gas industries claims about lost revenue and jobs.  read on . . . .

Hawaiki Submarine Cable has contracted with US-based Ciena Corp to increase the capacity of its deep-sea fibre optic cable by more than half

Te Pūtea Matua is the Māori name for the Reserve Bank of New Zealand. This article presents a broad picture of Te Pūtea Matua’s heritage, role, and interdependencies both within the Bank and economy-wide.

Over 100 mainly tomato hot-house gardeners and distribution workers will walk off the job for 24 hours (4am Monday 24th to 4am Tuesday 25th) over bleak pay and the company refusing to come to the table to address worker's concerns. Workers at the nine striking sites will also picket each main site; the five Auckland sites gathering at the Favona site and an individual picket at every other site outside of Auckland (Ohaupo, Reporoa, Palmerston North and Christchurch). The pickets will begin at 7am, media are invited to attend. Bargaining began in February with FIRST Union workers seeking a national agreement to save time and money for both parties and a raise to the Living Wage due to the unlivable pay packets workers are currently struggling to survive on (most workers are currently on minimum wage or just above this). However the company is refusing to return to the negotiation table unless workers agree to abandon talks over a national agreement.This is the same company that just last year attempted to defend its belief that irrigation water was suitable drinking water for its workers. FIRST Union and the workers eventually won the right to a supply of safe drinking water to the parched workers. FIRST Union lead organiser Denise Roche says it’s disappointing the company hasn’t learnt its lesson.“It’s basic human dignity that most children are taught. Turners & Growers needs to be reminded to respect and value its workers. That’s what this strike’s about; respecting human dignity and valuing hard-working people.” Ms Roche says it’s also a prime example of why employment law legislation on the duty to conclude is so desperately needed by workers.“The company has no respect for workers’ concerns, the duty to conclude means employers such as T&G must talk with workers on all of their concerns, not only the ones the company wishes to speak about.”

Auckland International Airport plans to sell up to $175 million of six-year fixed-rate bonds to institutional and retail investors as it seeks to help fund its biggest ever infrastructure spending programme.