Oil drilling plan comes with warning
New Zealand is about to open huge tracts of its offshore territory.
New Zealand is about to open huge tracts of its offshore territory.
There are few things more Italian than a freshly-baked pizza emerging from a wood-fired oven, but Italy is now facing an acute shortage of pizza makers.
The Government is opening up more of the Taranaki, the East Coast , Northland Canterbury and Great South Basins to oil and gas explorers.
Prime Minister John Key says he is confident safety and environment rules being brought in to cover oil and gas exploration will keep out "cowboy "operators.
Capital projects worth more than $1 billion are either under way or on the drawing board as the dairy industry gears up for increased demand from Asia for our milk powder.
Nearly half of New Zealanders are living pay day to pay day without a nest egg to fall back on in case of emergencies.
If Meridian Energy had already floated, it's a fair bet that its share price would have dropped after the Opposition unveiled its electricity policy a week ago.
Almost 200 Christchurch businesses have been opened or reopened since January and the population is growing as the Canterbury city continues its recovery from the 2010 and 2011 earthquakes.
Contributor Bryan Gould says the Key Government's direction will see New Zealand "become an economic satellite or colony of China ... or be first absorbed into a greater Australia on the way".
"What just happened?" asks Brian Rudman. "Bland, colourless Labour leader David Shearer has suddenly been transmogrified into a working-class hero."
But the gap between the best and worst-performing states in the country appears to be widening, CommSec's quarterly State of the States economic performance report says.
A tourism chief is warning part of New Zealand's $100 million-plus marketing push overseas could be wasted if visitors continue to get attacked in this country.
As Rio Tinto and Meridian Energy haggle over the price of power for the Tiwai Pt aluminium smelter, optimism about the metal's future has faded.
The NZIER shadow board thinks the Reserve Bank should keep the official cash rate on hold at 2.5 per cent tomorrow.
A tourism boss has defended New Zealand against claims it has a growing reputation as an expensive international destination.