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On For Christmas: KiwiRail Ferries Back In Full Operation After Quake

KiwiRail’s Interislander ferries are back in full operation for the first time since the Kaikoura earthquake, with the railspan that allows rail wagons to be loaded on the Aratere now restored. More>>

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Comerce Commission Investigation: Prosecutions Over Steel Mesh Labelling

Steel & Tube Holdings, along with two other companies, will be prosecuted by the Commerce Commission following the regulator's investigation into seismic steel mesh, while Fletcher Building's steel division has been given a warning. More>>

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Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

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ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Women's Affairs: Government Accepts Recommendations On Pay Equity

The Government will update the Equal Pay Act and amend the Employment Relations Act to implement recommendations of the Joint Working Group on Pay Equity. More>>

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Immigration: Increase In Seasonal Workers For RSE

The current cap will be increased by 1,000 from 9,500 to 10,500 RSE workers for the 2016-17 season. Mr Woodhouse says the horticulture and viticulture industry is New Zealand’s fourth largest export industry, producing almost $5 billion in exports. More>>

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Hurunui: Crown Irrigation Invests Up To $3.4m In North Canterbury
Crown Irrigation Investments will invest up to $3.4m in the Hurunui Water Project, an irrigation scheme that will be capable of irrigating up to 21,000 hectares on the south side of the Hurunui River in North Canterbury. More>>

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Not So Great:Butterfly Eradication Success
The invasive pest great white butterfly has been eradicated from New Zealand in a world-first achievement, Primary Industries Minister Nathan Guy and Conservation Minister Maggie Barry say. More>>

No Buyers: Pumpkin Patch Stores To Close
No buyers have emerged for children's clothing retailer Pumpkin Patch, meaning the company will sell all stock and be wound down, with 63 people losing their jobs this week, the receivers have announced. More>>

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Immigration: Record Annual Net Gain Of 70,300 Migrants
New Zealand’s unadjusted annual net gain (more arrivals than departures) of migrants was a record 70,300 in the October 2016 year, Statistics New Zealand said today. This surpasses the previous annual record of 70,000 in the September 2016 year More>>

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Dairy: Fonterra Hikes Forecast Payout 75 Cts To $6/kgMS
Fonterra Cooperative Group has raised its forecast payout to farmers by 75 cents per kilogram of milk solids as dwindling production in Europe, Australia and New Zealand in the face of firm demand has helped rebalance global supply and demand. More>>

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Geographical Indications Bill Passes: Wine Industry Welcomes New Legislation
“Our ‘Geographical Indications’ - the names and places where our wines come from - are at the very heart of the New Zealand wine story and this new law provides an additional level of protection for them.” More>>

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The Price Of Cheese: Appeal Court Turns Down Fonterra Bid To Keep Inferior Terms
Fonterra Cooperative Group has lost its bid to overturn a High Court ruling against inferior terms offered to the suppliers of the failed New Zealand Dairies Ltd business in South Canterbury. More>>

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Investment: 'Nil-All Draw' In NZX Vs Ralec Verdict
Neither Ralec nor NZX will get a payout from their seven-year High Court dispute, with Justice Robert Dobson ruling that both sides' claims were valid but neither could demonstrate a financial impact if things had been different.More>>

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Easing Ending? RBNZ's Wheeler Cuts OCR
Reserve Bank governor Graeme Wheeler cut the official cash rate to a new record low to try to stoke inflation in an economy growing ahead of expectations and signalled the end of the easing cycle. The kiwi dollar gained after the statement. More>>

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Inflation: Those With Lowest Living Standards Face Highest Price Rises
CTU: In the year to September, while a typical household experienced price increases of 0.1 percent, the lowest spending households saw prices rise by 0.6 percent, beneficiaries by 0.8 percent and superannuitants by 0.4 percent. At the end of the scale, the highest spending households saw prices fall by 0.3 percent. More>>

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Royal Society: Increased Number Of Projects
Funded In 2016

A total of 117 research projects have been allocated $65.2 million (excl. GST) of funding in this year’s Marsden Fund grants, which support New Zealand’s best investigator-initiated research in the areas of science, engineering, maths, social sciences and the humanities. More>>

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Trade: NZ Trade Deficit Widens To A Record In September
Oct. 27 (BusinessDesk) - New Zealand's monthly trade deficit widened to a record in September as meat exports dropped to their lowest level in more than three years. More>>

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Animal Welfare: Cruel Practices Condemned By DairyNZ Chief
DairyNZ chief executive Tim Mackle says cruel and illegal practices are not in any way condoned or accepted by the industry as part of dairy farming. More>>

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DIY: Kiwi Ingenuity And Masking Tape Saves Chick
Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>

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International Trade: Key To Lead Mission To India; ASEAN FTA Review Announced
Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>

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Elsewhere:

MYOB: Digital Signatures Go Live
From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

QV: Wellington Housing Market Now Rising Faster Than Auckland
Residential property values for September have increased 14.3% over the past year... “The Wellington market continues to show strong levels of activity and demand. Values in the capital have risen faster than the Auckland region over the past three months and year on year.” More>>

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Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice
The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

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Tomorrow, The UN: Feds President Takes Reins At World Farming Body
Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

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I Sing The Highway Electric: Charge Net NZ To Connect New Zealand
BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

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