Buying apartments off the plans will lead to more affordable homes, Phil Twyford says. Watch Grant Walker's interview with the Housing Minister.
Government's financial position has come a long way in 30 years
Analysis: Poor policy or bad luck can hurt public finances.
Government must work harder to re-engage with China, trade experts say
Seven months with zero China trips isn't enough for a gold star, Saunders Unsworth director Charles Finny says.
Silver lining for ANZ in CBL vote delay
Chinese bank mounts legal action after inconclusive liquidation vote.
Steel & Tube’s 'new broom' sweeps up $54m of writedowns
Steel & Tube will have written down $23.5m of stock this year.
Featured Comment:
"Shouldn't STU be upgrading its storage facilities instead of its cliches?"
Curran orders audit of algorithms, review of games industry
Move comes as Friday deadline looms for new EU data protection law.
Featured Comment:
"Please stop"
AFT Pharmaceuticals narrows losses, targets Australia
New Zealand revenue down 7% as AFT looks elsewhere.
Sanford reports 43% profit gain
Strong pricing helps drive value for fishing company.
Results.com defends IRD liquidation proceedings
Action follows High Court ruling over Results.com debt.
Featured comment:
"Perhaps it is time for an NZ firewall? Then the courts could block pages that disclose suppressed information"
Featured Comment:
"How are these companies ever going to turn a profit? Seems a bit like Dotcom 2.0 here"
Featured Comment:
"15 years on no real value add other than rhetoric"
Featured comment:
"The issues have been lack of land supply, high cost of materials, and high regulatory costs. I'm unsure which of these factors is being solved here."
Featured Comment:
"Tigers never changed their stripes"
Featured Comment:
"They are wasting millions and millions of your and my money putting structures in place which are extremely complicated and potentially impossible for the private sector to execute on"
Editor's pick
Business
Wall Street falls as Trump throws doubt on North Korea summit
President Donald Trump says a planned meeting with Kim Jong Un “may not work out,” adding if it doesn’t happen, then “maybe it would in the future.”
"Pleasw everyone stop focusing on R&D as a %GDP. its a very blunt and irrelevant metric. Start thinking about productivity levels and growth and benchmarking this sector by sector to more competitive countries"
Property
More calls for improved Airbnb regulation
Landlord awarded tenant's subleasing profits leads to renewed calls for more regulation.
Banking & Finance
High Court rules in favour of regulator over Harmoney's fees
Harmoney and ComCom consider implications of the decision.
"No sympathy for Harmoney considering the absolute lack of effort in chasing up defaults."
"Maybe the refrain 'Too Big to Fail" has caused the bankers to believe their behavior is not subject to what the majority of citizens consider ethical and moral."
Technology
R&D tax-break rate, other details, up in the air
Plus: Callaghan can be a "bit of a dating agency," Dr Woods says. Watch Grant Walker's interview with R&D Minister Megan Woods.
"Pleasw everyone stop focusing on R&D as a %GDP. its a very blunt and irrelevant metric. Start thinking about productivity levels and growth and benchmarking this sector by sector to more competitive countries"
"Great to see it will stay NZ based. Hope the new Chinese owners keep to that strategy."
Politics
RNZ will know by July how much money it is getting
Broadcasting minister encourages media companies to "think outside the square." Watch Clare Curran's interview with Grant Walker.
"Just what is Curran meaning when she says ‘think outside the square”
"Pleasw everyone stop focusing on R&D as a %GDP. its a very blunt and irrelevant metric. Start thinking about productivity levels and growth and benchmarking this sector by sector to more competitive countries"
Law & Courts
Insurer planned to sue ex-Hawkins units before receivership
Insurer had sought more info needed to work out if suing was worthwhile.
"It might be oversimplifying the details but it's quite sad that a $124k dispute has cost her $3.7m."
Media
RNZ will know by July how much money it is getting
Broadcasting minister encourages media companies to "think outside the square." Watch Clare Curran's interview with Grant Walker.
"Just what is Curran meaning when she says ‘think outside the square”
Appointments
Green Cross Health appoints Alison Van Wyk as CEO of community health division
She begins the role on June 18.
NBR Rich List
Appointments
NBR Special Report
