UPDATE: Rodney Hide on why he thinks Turei flip-flopped, and the Green MPs she's alienating.
Why Turei suddenly decided to pay back benefit fraud money
Featured comment:
"The authorities have no option but to prosecute. Failure to do so will have everyone who rips off the system off using the Metiria Turei defence"
Mahi tahi can mean better business for all
Opinion: Demographics favour those who embed mahi tahi with Māori.
Is democracy receding?
Foreign Affairs: There are fewer major policy disagreements between left-wing and right-wing parties today than within any pre-1932 party. So something certainly has changed.
Turei flip-flops, says she will pay back money gained from benefit fraud
Green leader spins her side of the story in guest editorial for UK paper.
Featured Comment:
"Be very interesting to look at the transactions Ms Turei made over this time with so much help, yet was still unable to put food on the table or pay rent unless she resorted to embezzling taxpayer money"
China growth exceeds hopes
Margin Call: Fears remain about excessive credit and an overheating property market.
Trump's press secretary quits amid reported dispute
Spicer exits stage left, but Attorney-General Jeff Sessions hangs on, despite harsh criticism from the president.
Featured Comment:
"He's been dead-man-walking for quite some time"
Qatar's new Oman hub, Emirates-Flydubai get closer and more
Carry On: Business travel news also includes Capital Express changes and latest route announcements.
Rear View: the best of NBR this week
The week's top stories, plus some acerbic commentary from Simon Dallow.
Roger Federer: The greatest tennis player of all time?
We should be grateful for Federer.
Jaguar F-Type 400 Sport sets the cat among the horses
The 400 Sport edition is only available for one year and will then have its bright yellow badge retired forever.
NBR Rich List goes live to online subscribers Monday morning
The countdown has begun...
Pay equity decision penalises ‘private payers’
Opinion: Aged Care Association says speed of decision to fund only government-supported staff leaves many providers in financial jeopardy.
Buncombe and barrel bottoms
Private Bin: NBR’s weekly round-up of the absurd, ironic and straight-up stupid.
Book extract: Forget TPP-11, make more trade deals in Asia-Pacific
In a post-TPP world, it’s time to refocus New Zealand’s efforts to improve economic relations with the Asia-Pacific region.
Monetary policy reverts to ‘normal’
On the money: Major central banks are returning to conventional monetary policies that typically apply under normal economic conditions.
Featured Comment:
"If he had any political sense he would be suggesting there was scope for him to work with Greens/Labour/NZ First and then asking them to step aside in an electorate... perhaps Ohariu against Peter Dunne"
Featured Comment:
"We're talking lies, damned lies and statistics here; better yet, commissioned by a politician"
Featured comment:
Based on this information and history why would NZX allow them to list without a few 'please explains'??
Featured comment:
Another way to look at it is that National, by moving relatively moderately into the social spending/ wealth redistribution world of the Labour/Green alliance has so far been able to prevent the worst of the tax and spend up big approach that we are now seeing from those parties.
Featured Comment:
"The important factor is whether the sentiment or message being paid-for is clear and the right one for the objective."
Featured Comment:
"I think the approach to count only substantial shareholders is far more pragmatic and transparent"
Featured Comment:
"Given the share price was trending up before the announcement and fell 8% would indicate if there were rumours they were not wide spread or acted upon"
Featured Comment:
"Simply starting a business and raising a lot of money does not make a successful entrepreneur."
Featured Comment:
"Sounds like he did too little too late then lost his rag"
Featured Comment:
"I think if boards want diversity then they should look at introducing talent from outside the current pool of men and woman. The existing pool is largely not delivering"
Editor's pick
NBR BUSINESS PULSE
Business
Higher wool volumes at auction as stockpiles linger
New Zealand has just ended the worst wool season since the global financial crisis.
Property
CRL tunnel work begins
Work has begun on Auckland’s $3.4 billion City Rail Link cut and cover tunnels.
Banking & Finance
RBNZ considering IMF recommendations on NZ's financial system
According to the IMF review, the central bank was "materially non-compliant" in 13 of 29 core principles.
Technology
Earthquakes, cyber and fraud, oh my! Kiwis' fear at highest level in a decade
New Zealand is more fearful in 2017. The question is: What are we so concerned about?
"Hopefully they will do better than Trustpower. As Trustpower initially had really good growth in combined power + internet plans. But is now declining, presumably as fixed term contracts expire"
Politics
Metiria's benefit concert
Those who would already vote Green are going ‘Squee!!’ about Ms Turei's admission, all over Twitter, like 10-year-olds at a One Direction concert.
'She could have raised this and made repayment arrangements at any point over the last 20 years...I wish I didn't have to repay student loans until my income broke 170k.'
Law & Courts
Judge orders Love and Skiffington's Plimmerton house sold, "tainted by crime"
Wellington High Court Justice Karen Clark has ordered the official assignee to sell the Moana Road property, valued at $1.75 million.
"Was sub contractor to a government contract. When we quit and raised concerns about mismanagement the issue was swept under the table"
Media
High Court keeps new World TV executive battle secret
Following an Employment Relations Authority case, World TV founders are battling another matter in the High Court.
NBR Rich List
People Scene
Appointments
NBR Special Report
