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China Shopping: NZ-China FTA Upgrade Agreed Among Slew Of New Deals

New Zealand Prime Minister Bill English and China Premier Li Keqiang signed off a series of cooperation deals spanning trade, customs, travel and climate change and confirmed commencement of official talks on an upgrade to the nine-year old free-trade agreement between the two countries. More>>

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Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

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Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

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Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

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Retail: Pumpkin Patch Brand, IP Sold To Catch Group
The receivers of failed children's clothing retailer Pumpkin Patch have confirmed that the company's brand and intellectual property have been sold to Australian online retailer Catch Group. More>>

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OECD And Zero Carbon Reports: Environmental Pressures Rising In New Zealand
New Zealanders enjoy a high environmental quality of life and access to pristine wilderness. However, New Zealand’s growth model, based largely on exploiting natural resources, is starting to show its environmental limits with increasing greenhouse gas emissions and water pollution ... More>>

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Statistics: Record Net Annual Migration Levels Continue
In the February 2017 year, 71,300 more migrants arrived in New Zealand than left, Stats NZ said today. This equalled the previous annual record set in January 2017. More>>

South America Trade: New Zealand-Argentina Agricultural Agreement Signed
Primary Industries Minister Nathan Guy has signed an Agricultural Cooperation Arrangement with Argentina today, aimed at building closer relationships between the two countries. More>>

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Statistics: Economic Growth Eases In December Quarter
GDP rose 0.4 percent in the December 2016 quarter, following an increase of 0.8 percent (revised) in the September 2016 quarter. “Growth in service industries was partly offset by weaker activity in primary industries also flowing through into manufacturing.” More>>

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Trapping: Predator Free 2050 Holiday Parks Partnership
Conservation Minister Maggie Barry has welcomed a new predator-free initiative signed today which includes trapping in and around hundreds of holiday parks. More>>

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Sure As Eggs: Commerce Commission Should Look Into 'Free Range' Egg Labelling
Green Party MP Mojo Mathers has written to the Commerce Commission asking it to inquire into the alleged mislabelling of eggs laid in cages as “free-range”, the Green Party said today. More>>

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Finance: New Anti-Money Laundering Laws Introduced
The Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill will bolster New Zealand’s existing anti-money laundering laws, which help protect businesses and make it harder for criminals to profit from and fund illegal activities. More>>

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Carrots Spike: Largest Annual Food Price Rise In Five Years
Food prices increased 2.2 percent in the year to February 2017, led by higher prices for fruit and vegetables, and dairy products, Stats NZ said today. More>>

Media: Fairfax NZ Boss Quits Ahead Of (now Delayed) NZME Merger Ruling
Fairfax New Zealand managing director Simon Tong has resigned just days before a Commerce Commission ruling on the proposed merger with NZME, a step the media companies say they need to survive a changing industry. More>>

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Coromandel (And Hunua) Flooding: A Month Of Rain In Two Days
The heavy rain and flooding has seen widespread damage to hundreds of properties around the Coromandel, particularly in Whangamata, Onemana, Pauanui and Tairua. More>>

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"CoOL": Poll Shows Huge Support For Country Of Origin Labelling
The Green Party is calling for cross-party support for its Members’ Bill that would introduce mandatory country of origin labelling for meat, fruit, vegetables and nuts, after the release of a poll that shows more than 70 percent of New Zealanders support the idea. More>>

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Crown Accounts: Operating Surplus Beats Expectations
The operating balance before gains and losses (OBEGAL) was a surplus of $1,145 million, compared to a forecast surplus of $442 million. This favourable variance of $703 million was largely due to the higher than forecast core Crown tax revenue and lower than forecast core Crown expenses. More>>

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Statistics: Home Consents Up, Trending Down
Building consents for new homes appear to have eased or decreased across most of the country, Statistics New Zealand said today... The trend excludes monthly volatility to give a clearer picture of underlying changes in home building intentions. More>>

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Tax: Crack-Down On Multinationals Flouting Local Tax System
The three papers focus on concerns about multinationals booking profits from their New Zealand sales offshore, even though these sales are driven by New Zealand- based staff, preventing multinationals using interest payments to shift profits offshore, and implementing New Zealand’s entrance into an international convention for aligning double tax agreements with OECD recommendations. More>>

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