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Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

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Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

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Callaghan Innovation: Investment To Help Deepen Innovation Reporting

Callaghan Innovation, the government’s high tech HQ for Kiwi business, is to help deepen New Zealand media coverage of the commercialisation of innovation through an arms-length partnership with independent business news service BusinessDesk. More>>

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Tax Credits, Grants: Greens $1Bn R&D Plan

In the Party’s headline economic announcement, the Greens have launched their plan to build a smarter, more innovative economy which has as its centrepiece an additional $1 billion of government investment in research and development (R&D) above current spend, including tax breaks for business. More>>

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Inflation: CPI Increases 0.3 Percent In June Quarter

The consumers price index (CPI) rose 0.3 percent in the June 2014 quarter, Statistics New Zealand said today. This follows rises of 0.3 percent the March quarter and 0.1 percent in the December 2013 quarter. More>>

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Half Empty: Dairy Product Prices Drop To Lowest Since December 2012

Dairy product prices fell to the lowest level since December 2012 in the latest GlobalDairyTrade auction, paced by whole milk powder and anhydrous milk fat. More>>

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NZ Dollar Outlook: Kiwi May Test Post-Float High
The New Zealand dollar may test a post-float record this week with second-quarter inflation figures likely to underline the Reserve Bank’s path to higher interest rates, though the currency may struggle to hold those gains. More>>

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Scoop Business: Retail Spending On Credit, Debit Cards Slips In June
New Zealand core retail spending on debit and credit cards fell in June for the first time in four months as declines in purchases of durables and apparel offset gains in hospitality. More>>

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Crown Accounts: Operating Deficit Bigger Than Expected As Tax Take Lags
The New Zealand government posted a bigger operating deficit than forecasts in the May Budget, as company tax and GST again lagged expectations... “It is too early to determine the likely impact of these results on the current and future financial years as both downside and upside risks exist.” More>>

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Scoop Business: Seabed Ironsands Miner To Appeal Resource Consent Knockback
TransTasman Resources, the company seeking to mine ironsands off the ocean floor in the Exclusive Economic Zone, will appeal the rejection of its marine consent application by the decision-making committee appointed by the Environmental Protection Authority. More>>

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$65 Million: REANNZ Signs On To Hawaiki’s Trans-Pacific Cable
Crown-owned company REANNZ and Hawaiki Cable have agreed a multi-million dollar deal to provide REANNZ with capacity on the new Hawaiki submarine cable linking New Zealand, Australia and the United States. More>>

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Solid Energy: 135 Stockton Job Losses Confirmed
Solid Energy has today confirmed to its Stockton Mine staff that it will reduce the mine’s output and make changes to the way work is organised. The change, outlined as a proposal to staff on 6 June, is in response to continuing low international coal prices. More>>

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Ruataniwha: Board Of Inquiry Backs Dam Project With Conditions
The Board of Inquiry into the $230 million Ruataniwha Dam project in Hawke’s Bay has granted resource consents subject to strict conditions… More>>

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EMA: 6 Point Business Election Wish List
An overhaul of local government consenting processes, employment readiness certificates for school leavers, automatic extensions of migrant work visas, soft loans to encourage innovation, and reducing the tax on Kiwisaver savings to 15 per cent – these are among the Employers and Manufacturers Association targets in its Election Manifesto 2014 issued today. More>>.

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Scoop Business: Telecom Reveals TV Plans, Lures With Vikings
Telecom Corp, New Zealand’s largest telecommunications provider, has detailed its new internet television plans, Lightbox, including luring customers with popular American primetime shows, as part of its business change as it chases earning growth. More>>

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Wellington, Queenstown: 'Housing Accord' Plans Spread
Under the proposed Wellington Housing Accord, the Government and council would work collaboratively to encourage a good supply of quality housing in the capital. It sets a target of 7000 additional homes over the next five years. The Accord is subject to formal approval and is due to be discussed publicly this Thursday at the Wellington City Council. More>>

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