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Digital Evolution: Scoop Independent News Launches "Operation Chrysalis"

From today Scoop is beginning a process of public consultation with the political, business and civil society groups it has served for the past 15 and a half years.

"It is hoped that in time - with new leadership and increased community engagement - the chrysalis will incubate a new kind of Scoop, one which can sustainably continue Scoop's Mission 'to be an agent of positive change'", says Scoop Founder, Editor and Publisher Alastair Thompson.

"As big publishing shrivels, public participation in contributing and spreading news has grown. Scoop has evolved with this wave by providing an independent platform, committed to upholding democracy, providing a voice to all, and providing the public easy access to information about decisions which affect them." More>>

 

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

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Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

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Fruit & Veg Crackdown: Auckland Fruit Fly Find Under Investigation

The Ministry for Primary Industries (MPI) is investigating a find of a single male Queensland fruit fly in a surveillance trap in the Auckland suburb of Grey Lynn... MPI has placed legal controls on the movement of fruit and some vegetables outside of a defined circular area which extends 1.5km from where the fly was trapped in Grey Lynn. More>>

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Scoop Business: Westpac NZ Reaches $2.97M Swaps Settlement

Westpac Banking Corp’s New Zealand unit has agreed to pay $2.97 million in a settlement with the Commerce Commission over the way the bank sold interest rate swaps to farmers between 2005 and 2012. More>>

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Going Dutch: Fonterra Kicks Off $144M Partnership With Dutch Cheese Maker

Fonterra Co-operative Group, the world’s largest dairy exporter, has commissioned a new dairy ingredients plant in Heerenveen, in the north of the Netherlands, its first wholly-owned and operated ingredients plant in Europe. More>>

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Scoop Business: NZ Retail Sales Beat Estimates

New Zealand retail sales rose more than expected in the fourth quarter, led by vehicle-related transactions, food and beverages, adding to evidence that cheap credit and a growing jobs market are encouraging consumers to spend. More>>

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Delivery Cuts Go Ahead: 'Government Money Grab' From NZ Post

"It's a money grab by the Government as the shareholder of New Zealand Post" says Postal Workers Union advocate Graeme Clarke about the changes announced by NZ Post. More>>

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Drought: Medium Scale Adverse Event Declared In South Island
“This is recognition of the extreme dry conditions farmers and growers are facing, and triggers additional Government support,” says Mr Guy. The areas affected cover parts of Otago, Canterbury and the Marlborough District. More>>

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Scoop Business: Uncertainty Downs Seabed Phosphate Mining Plan
Uncertainty about the impacts on the marine environment over-ruled “modest” economic benefits of the proposed Chatham Rock Phosphate seabed phosphate mining initiative, the decision-making committee appointed by the Environmental Protection Authority concluded… More>>

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4/2: NZ Dollar Rises After WMP Gains, Wheeler Downplays Rate-Cut
The New Zealand dollar rose against most major currencies after the price of whole milk powder jumped in the latest auction, sentiment for the greenback waned and Reserve Bank governor Graeme Wheeler said keeping interest rates on hold for now was more prudent than contemplating a cut. More>>

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Not Enough Rain: Drought Impacts Business And Will Affect GDP
Businesses which rely on trade in parts of the country which are experiencing drought conditions are very concerned about the extreme weather. More>>

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Housing: Affordability Drops 14%, Driven By Auckland Prices
Housing affordability across New Zealand fell 14 percent in the year ending November 2014, with Auckland’s lack of affordability set to reach levels it hit during the height of the global financial crisis, according to the latest Massey University Home Affordability Report More>>

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The Dry: Fonterra Drops Forecast Milk Volumes By 3.3 Percent
Fonterra Cooperative Group, the worlds largest dairy exporter, reduced its milk volume forecast for the 2014-2015 season by 3.3 per cent due to the impact of dry weather on production in recent weeks. More>>

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Strike: Lyttelton Port Workers Vote To Escalate Dispute
Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

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Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback
The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

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Quick By-Election Expected: Mike Sabin Announces Resignation As Northland MP
Northland MP, Mike Sabin, today announced he has resigned from Parliament, effective immediately. Mr Sabin said he had decided to resign due to personal issues that were best dealt with outside Parliament. Mr Sabin will not be making any further comment. More>>

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Scoop Business: NZ Govt Operating Deficit Smaller Than Expected
The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

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0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

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NASA, NOAA: Find 2014 Warmest Year In Modern Record
Since 1880, Earth’s average surface temperature has warmed by about 1.4 degrees Fahrenheit (0.8 degrees Celsius), a trend that is largely driven by the increase in carbon dioxide and other human emissions into the planet’s atmosphere. The majority of that warming has occurred in the past three decades. More>>

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Scoop Business: New Zealand’s Reserve Bank Named Central Bank Of The Year
The Reserve Bank of New Zealand’s efforts to stifle house price inflation by using new policy tools has seen the institution named Central Bank of the year by Central Banking Publications, a publisher specialising in global central banking practice. More>>

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Science Media Centre: Viral Science And Another 'Big Dry'?
"Potentially, if there is no significant rainfall for the next month or so, we could be heading into one of the worst nation-wide droughts we’ve seen for some time," warns NIWA principal climate scientist Dr Andrew Tait. More>>

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Voluntary Administration: Shanton Finances In The Spotlight
“Despite the company having its liquidity greatly reduced, the directors are still of the view that the business can continue and the brand survive. They are highly motivated to achieve this outcome, which is why they have elected voluntary administration.” More>>

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World Hot, NZ Weird: 2014 - A Back To Front Year
'Talking temperatures, 2014 will be remembered for being somewhat back-to-front,' said MetService Meteorologist John Law. 'With a cooler than usual start and finish to the year for much of the country, the middle months of 2014 were very mild.' More>>

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Sky City : Auckland Convention Centre Cost Jumps By A Fifth
SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
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