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Auckland Port Study: Port To Ship Out – No Departure Date

Interest groups in Auckland and its waterfront chose a group of representatives to determine the future of the port. Their consensus is that the Port is going to have to move but not before a credible location is confirmed... More>>

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Tax: GST Threshold For Online Purchases Won't Lower Before 2018

The government wants to lower the threshold on online purchases which qualify for GST from mid-2018, but says more work is needed and there will be no change without public consultation. More>>

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North Canterbury: Government Extends Drought Classification

The government has extended a drought classification for the eastern South Island until the end of the year, meaning the area will have officially been in drought for almost two years, the longest period for such a category. More>>

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Negotiations Fail: Christchurch Convention Centre Build To Proceed Without PCNZ

After protracted negotiations, the government has ditched the construction consortium it picked to build Christchurch's replacement convention centre, which it now anticipates delivering at least two years behind the original schedule. More>>

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Ruataniwha: Greenpeace Launches Legal Challenge Against $1b Dam Plan

Greenpeace NZ is launching a legal challenge against a controversial plan to build a dam that’s set to cost close to $1 billion and will pollute a region’s rivers. More>>

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Inequality: Top 10% Of Housholds Have Half Of Total Net Worth
The average New Zealand household was worth $289,000 in the year to June 2015, Statistics New Zealand said today. However wealth was not evenly distributed, with the top 10 percent accounting for around half of total wealth. In contrast, the bottom 40 percent held 3 percent of total wealth. More>>

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What Winter? Temperature Records Set For June 20-22
The days around the winter soltice produced a number of notably warm tempertaures. More>>

Conservation Deal: New Kākāpō Recovery Partnership Welcomed
Conservation Minister Maggie Barry says the new kakapo recovery partnership between DOC and Meridian Energy is great news for efforts to save one of New Zealand’s most beloved birds. More>>

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Shop Hours Bill Second Reading: Government Blocks Easter Trading Petition
The union representing retail workers is warning that the Government is out of touch with working people after passing the second reading of the Shop Trading Hours Amendment Bill, a law handing local authorities the power to permit trading on Easter Sunday. More>>

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Tech Sector Report: Joyce Warns Asian Tech Investors View NZ As Hobbits And Food
Speaking in Wellington at the launch of a report showcasing the value of the technology sector to the New Zealand economy, Joyce said more had to be done to tell the country's technology stories overseas. More>>

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Mediaglommeration: APN Gets OIO Approval For Demerger Plan
APN News & Media has received Overseas Investment Office approval for its plan to split out its NZME unit ahead of a potential merger with rival Fairfax Media's New Zealand operations. More>>

New Paper: Ninety-Day Trial Period Has No Impact On Firms' Hiring
The introduction of a 90-day trial period has had no impact on hiring by New Zealand companies although they are now in widespread use, according to researchers at Motu Economic and Public Policy Research. More>>

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Corrections: Serco Exits Equity Stake, Remains As Operator
Serco has sold its equity stake in the company that holds the contract to design, build and run Wiri Prison in South Auckland but continues as sub-contractor to operate the facility. More>>

WHO: Hot Drinks Classed As 'Probably' Causing Cancer
The World Health Organization's cancer agency has found no conclusive evidence that coffee causes cancer but that drinking very hot drinks (65 °C or above) probably causes cancer of the oesophagus. More>>

MPI: NZ Primary Sector Export Goals Remain A Stretch
The Ministry for Primary Industries says its goal of doubling New Zealand's primary sector exports by 2025 will require the annual growth in the value of exports to almost triple starting this year. More>>

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Surreal Estate: National House Price Median Passes $500k For The First Time
New Zealand’s national median house price has reached a new record high, passing the $500,000 mark for the first time to hit $506,000, according to the latest figures released today by REINZ, source of the most recent, complete and accurate real estate data in New Zealand. More>>

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Rocket Science: NZ Gears Up For The Global Space Economy
The Government is putting in place a new regulatory regime to enable safe, secure and responsible space launches from New Zealand, Economic Development Minister Steven Joyce says. More>>

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Statistics: NZ Food Prices Fall In May As Tomatoes, Potatoes Get Cheaper
New Zealand food prices fell in May, snapping two months of gains, as cheaper tomatoes and potatoes brought down the price of fresh produce. Food prices fell 0.5 percent last month and were 0.3 percent lower than May 2015. More>>

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Banks Move: New Restrictions On Overseas Property Buyers
Two of New Zealand's biggest banks have imposed new restrictions on overseas property buyers... Labour's finance spokesman Grant Robertson said banks were acting while the government had its head in the sand. More>>

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Reserve Bank: Official Cash Rate Unchanged At 2.25 Percent
Global financial market volatility has abated... Domestic activity continues to be supported by strong net immigration, construction, tourism and accommodative monetary policy. The dairy sector remains a moderating influence with export prices below break-even levels for most farmers. More>>

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Disengaging With Content: MediaWorks Puts The 'Out' In Scout
MediaWorks has today announced it has concluded negotiations with Rachel Glucina for the purchase of Rachel's interest in the Joint Venture partnership of the Scout brand. More>>

Xero Approves: No More Need For Written Signatures On Tax Returns
The passing of legislation that will allow Inland Revenue to accept electronic signatures will free up accountants and others from an outdated system. More>>

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Brewing: Lion To Buy Cult Upper Hutt Brewer Panhead
Lion - Beer, Spirits and Wine (NZ), New Zealand's biggest beer maker, has agreed to buy Panhead Custom Ales from the family of founder Mike Neilson, its second such purchase of a popular craft brewer after the acquisition of Dunedin-based Emerson's Brewing Co in 2012. More>>

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Budget Building Battle: Bill English Blames Council On Housing
The Nation: Finance Minister blames Auckland Council for housing shortage, saying it is responsible for land, housing and infrastructure supply in the city, while government provides rental subsidies... More>>

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Megiaglommeration: NZME And Fairfax Apply For Authorisation To Merge
The Commerce Commission has received an application from Wilson and Horton Limited (trading as NZME) and Fairfax NZ Limited seeking authorisation to merge their media operations in New Zealand. More>>

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