BUSINESS - MSC NewsWire

E tū awaits Living Wage for Government contract workers

E tū has welcomed the Government’s decision to move all directly employed workers in the core public service to a wage rate of at least $20.55 - the 2018 Living Wage.

ASX-listed Cimic to get lion's share of work in $750M Waikeria prison build

ASX-listed Cimic Group says it will deliver most of the work in the government's new 500-bed prison in Waikeria plus mental health facilities for a further 100 people

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Energy minister Megan Woods defends government's ban on offshore gas exploration

Energy and Resources Minister Megan Woods has defended the government’s decision not to issue new offshore oil and gas exploration permits despite it going against official advice, saying she didn’t think officials had taken into account the changing world we live in.

Source/ReadMore s

Commerce Commission investigates Fulton Hogan's purchase of Stevenson's unit

The Commerce Commission has opened an investigation to determine whether Fulton Hogan's proposed acquisition of Stevenson Group construction materials business will lessen competition in any relevant market

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Got time on your hands?

Are you in the situation where you have time on your hands? Maybe you have recently retired from the workforce but would still like to keep in touch with your colleagues, peers and business associates.

Source Max Farndale -MSCNewsWire

Law of the land: What’s the best way to deal with RMA rule-breakers?

Assault, burglary or a breach of the RMA – all are criminal offences under New Zealand law. Yet the likelihood of being prosecuted for the latter is considerably less than for those other crimes.

Source Canterbury University

A&G Price Ltd Rises Again

After 149 years of trading, one of New Zealand’s largest and oldest engineering companies, A&G Price was put into voluntary liquidation in July 2017.

Source/ReadMore DEMM

Emirates signs deal with Alibaba logistics arm

Emirates SkyCargo, the freight division of Emirates and the largest international cargo airline, has signed an MoU with Cainiao Smart Logistics Network Ltd. ("Cainiao"), the logistics arm of the Alibaba Group, to jointly facilitate the delivery of cross-border parcels as Cainiao looks to expand its global logistics infrastructure with Dubai as a hub.

Source A Emirates Airline Release

Danone adds to investment in NZ infant formula with proposal to buy up to 49% of Yashili New Zealand

Danone plans to increase its investment in New Zealand infant formula manufacturing by acquiring up to 49 percent of Yashili New Zealand Dairy Co, the local unit of China Mengniu Dairy, according to a filing in Hong Kong

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Council backs out of $5m Holcim purchase

The Buller District Council has backed out of a $5 million plan to buy Holcim cement assets and land on the West Coast.

Source/ReadMore RadioNZ release

Government signs off on Chinese water bottling expansion in Whakatane

The government has granted a Chinese-owned company permission to expand a water bottling plant in Whakatane

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Auckland Council to launch $200m green bond offer to fund electric trains

Auckland Council will open a $200 million green bond offer next week, which it says will be used to buy more electric trains and equipment and refinance existing debt from electric trains