LGNZ has welcomed the Government’s release of a report by GHD and Boffa Miskell into the costs of upgrading wastewater treatment plants, noting that it supports the sector’s call for a targeted policy response to help small rural councils pay for hard infrastructure upgrades.

Fuel and crude oil imports drove the largest-ever monthly goods trade deficit in September and the widest annual deficit in more than nine years . . Read more...>

25 Oct: 0954 | Greater standardisation of network charges is needed to remove complexity and cost from electricity retailing, Genesis Energy says  Read More ...>

The public can view progress on the Huntly section of the Waikato Expressway at an information day on Saturday, 27 October.

24 Oct: 0829 | Croptracker is pleased to announce its upcoming partnership with New Zealand-based digital technology company Cucumber Ltd, with offices in Tauranga, Bay of Plenty.

24 Oct: 0823  |New Zealand and Japan are working together to transition away from a reliance on fossil fuels with the signing of a Memorandum of Cooperation on hydrogen, says Energy and Resources Minister Megan Woods.

24 Oct: 0716 |The Reserve Bank today published a consultation paper proposing changes to the reporting and publishing of breaches by banks.

24 Oct: 1055 | New Zealand’s largest drug developer and manufacturer, Douglas Pharmaceuticals supplies prescription consumer medicines as well as health and beauty products to a number of international markets.

"Research and development is vital in the pharmaceutical industry.”

Fonterra says India remains a massive opportunity for the New Zealand cooperative once it inevitably shifts to being a dairy importer reports Rebecca Howard for Newsroom.

India is currently balanced in terms of supply and demand, said Teh-han Chow, who heads up Fonterra's ingredients business into China and South and East Asia.

“As it continues to grow and production doesn't keep pace there will eventually be a need for dairy imports into India. The question mark is when,” Teh-han told BusinessDesk at the NZX Global Dairy Seminar in Singapore last week. "That's the million dollar question."

India’s spending on consumption will rise to around US$4 trillion by 2025 according to different estimates and its normal year-on-year expenditure growth is already double the global average, he said.

"The numbers are huge. The country is huge. It is quite a large opportunity," he said.

While India doesn't currently need to import dairy, Teh-han said consumers are actively seeking protein, due to religious and dietary restrictions, and “dairy protein is a good alternative". Read More ... >

24 Oct: 1018 |  Scammers have been hard at work over the long weekend, and while New Zealanders were out enjoying the three day break, CERT NZ received a significant spike in reports of webcam blackmail scams.