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ETS Review: Modelling Documents Released

Three technical documents are being released to help New Zealanders engage with the Emissions Trading Scheme (ETS) review, Climate Change Minister Paula Bennett says. More>>

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Northland: Govt Plan Targets Transport, Web, Maori Assets

The government has released a 10-year plan to attract investors and lift economic growth in Northland, a region that perennially underperforms the rest of the country even while being endowed with natural beauty, productive land, minerals, a potential workforce, scope for manufacturing, forestry and aquaculture, and proximity to Auckland. More>>

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Statistics: Unemployment Rate Falls To 5.3 Percent

The unemployment rate fell to 5.3 percent in the December 2015 quarter (from 6.0 percent), Statistics New Zealand said today. This is the lowest unemployment rate since March 2009. There were 16,000 fewer people unemployed than in the September ... More>>

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Employment: Labour Urges Talley’s To End AFFCO Lockout

Labour has urged Talley’s to resolve the ongoing industrial dispute with AFFCO workers which is having a severe effect on the employees, their families and their communities, Labour’s Workplace Relations spokesperson Iain Lees-Galloway says. More>>

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Three Kings: Govt To Oppose Appeal Blocking $1.2B Auckland Housing Plan

Environment Minister Nick Smith and Housing New Zealand have joined legal proceedings in support of Auckland Council and Fletcher Building opposing a bid by community groups to only allow low-rise housing in a $1.2 billion housing redevelopment on the disused site of the Three Kings quarry. More>>

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Transport: Jetstar Expands Regional Network With Three New Routes

More New Zealanders than ever before will have access to Jetstar’s affordable flights when new services take off today from Auckland to New Plymouth and Palmerston North, and Nelson to Wellington. More>>

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Over The Counter: Guild Welcomes Oral Contraceptive Recommendation
The Pharmacy Guild of New Zealand (the Guild) welcomes the recommendation to reclassify selected oral contraceptives as restricted medicines, allowing trained pharmacists to dispense repeat supplies of oral contraceptives ... More>>

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Pacific: Zika Virus Outbreak - Expert Reaction
Concern over the current outbreak of the mosquito-spread Zika virus in the Americas is growing... The US Centres for Disease Control currently lists 22 countries with active transmission of the virus, including Samoa. More>>

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$4.60 To $4.15/kgMS: Fonterra Cuts Forecast Payout
Fonterra Cooperative Group cut its forecast milk payout for this season as global milk supplies continue to outweigh demand, pushing out the timeframe for prices to recover for New Zealand's largest export commodity... More>>

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OCR Unchanged: RBNZ's Wheeler Opens Door For More Cuts
Reserve Bank governor Graeme Wheeler has opened the door for further interest rate cuts as a worldwide oil glut depresses petrol prices and looks set to keep inflation outside the bank's target band for longer than expected. The kiwi dollar fell. More>>

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MPI: Tau Fly Find Under Investigation
The Ministry for Primary Industries (MPI) is investigating a find of a single Tau fly in a surveillance trap in the Auckland suburb of Manurewa. The fly was collected from a trap in the afternoon of Thursday 21 January and it was formally identified later that day. More>>

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Consolidation: Newshub Launches Monday 1 February
MediaWorks' multi-platform TV, radio and digital news service, Newshub will launch on Monday 1 February. The service will provide the latest news and in-depth analysis, with a dedicated, state-of-the-art app and website and TV and radio news bulletins across MediaWorks’ channels... More>>

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2015 Hottest On Record: NASA, NOAA Find Record-Shattering Global Temperatures
Earth’s 2015 surface temperatures were the warmest since modern record keeping began in 1880, according to independent analyses by NASA and the National Oceanic and Atmospheric Administration (NOAA). More>>

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Employment: 60 Sealord Jobs To Go At Nelson Plant
After a 12 month review, Sealord informed staff yesterday that their Kirimi Line (crumbed fish bites) operation was no longer commercially viable due to offshore competition. More>>

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Travel: Singapore Airlines Announces Wgtn-Canberra-Singapore Route
Singapore Airlines has announced its 'Capital Express' route, which will make the first direct flight from Wellington to Canberra and then on to Singapore four days per week on a Boeing 777. More>>

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Inflation: NZ Consumer Prices Rise At Slowest Annual Pace Since 1999
New Zealand consumer prices rose at their slowest annual pace since 1999 in the December quarter as cheap petrol pushed inflation below the Reserve Bank's expectations, and opens the door for more interest rate cuts this year. The New Zealand dollar dropped half a cent. More>>

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Dairy: Prices Decline For Second Auction In 2016
Dairy product prices fell in the latest GlobalDairyTrade auction, declining for the second time this year, amid expectations that worldwide supply will outstrip demand.... More>>

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Dry Gets Bigger: Drought In South Island Enters Second Year
Widespread drought conditions in the South Island mean the medium-scale event classification will be extended until the end of June, Primary Industries Minister Nathan Guy has announced today. More>>

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Birds: Nationally Vulnerable Albatross Returns To The Wild
A nationally vulnerable Toroa Northern Royal Albatross that was receiving care at Wellington Zoo has been released back to the wild with help from the Maritime Unit of the Wellington District Police. More>>

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Global Business Risks: More Walls, More Warming, Less Water
An increased likelihood for all risks, from the environmental to society, the economy, geopolitics and technology, looks set to shape the global agenda in the coming year, the World Economic Forum’s Global Risks Report 2016 has found. More>>

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World Week Ahead: Global Outlook Doubts
The second week of 2016 fared not much better than the first for global equities and downside risks remain high as oil’s continuing rout hammered Wall Street on Friday, mirroring losses in China and then Europe. More>>

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Astronomy: Million Dollar Prize For Black Hole Breakthrough
The Royal Swedish Academy of Sciences has decided to award The Crafoord Prize in Astronomy 2016 to Roy Kerr, University of Canterbury, Christchurch, New Zealand, and Roger Blandford, Stanford University, CA, USA... It took until 1963 for someone to solve Einstein’s equations for black holes that could possibly be found in the universe – rotating black holes – and it was mathematician Roy Kerr who succeeded. More>>

Stats: Largest Annual Fall In Food Prices Since 2012
In the year to December 2015 food prices decreased 1.3 percent, influenced by lower prices for grocery foods, Statistics New Zealand said today. This is the largest annual fall since July 2012. More>>

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Skull Science: Moa Diet Fits The Bill
Medical scanners, and the same software used to assess building strength after the Canterbury earthquakes, have revealed new information about the diet and dining preferences of the now extinct New Zealand moa. More>>

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Milk And Honey: SFO Lays $1Mln Fraud Charges
Nubiotics and Nu-Brands principal Trevor Lock has appeared in court charged with running a dairy and honey business that generated $1 million dollars by defrauding customers. More>>

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Futures Tense: Direct FX May Cancel Derivatives Licence
Direct FX, a foreign exchange services company controlled by managing director Andrew Isbister, is considering cancelling its Derivatives Issuer Licence after a temporary breach of compliance rules covering the tiny portion of forward contracts it handles. More>>

Employment Opportunities: Innovation The Loser In Gender Imbalance In Business
At the current rate of women directors being appointed to NZX - listed company boards it will take around 15 years before 50 percent equity is achieved said Equal Employment Opportunities Commissioner Dr Jackie Blue. More>>

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Markets: Asia-Pacific Shares Keep Falling, Oz Energy Stocks Hit Hard
Jan. 11 (BusinessDesk) - Shares across Asia have failed to shrug off last week's New Year blues, with the S&P/NZX 50 index, the S&P/ASX 200, and Chinese stock market all down. More>>

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