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Fund For PPP Plans: Govt Embraces Targeted Rates To Spur Urban Infrastructure

The government's latest response to the Auckland housing shortage will see central government and private sector firms invest in 'special purpose vehicles' to fund essential roading, water and drains that Auckland Council can't fund without threatening its credit rating. More>>

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Superu Report: Land Regulation Drives Auckland House Prices

Land use regulation is responsible for up to 56 per cent of the cost of an average house in Auckland according to a new research report quantifying the impact of land use regulations, Finance Minister Steven Joyce says. More>>

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Fletcher Whittled: Fletcher Dumps Adamson In Face Of Dissatisfaction

Fletcher Building has taken the unusual step of dumping its chief executive, Mark Adamson, as the company slashed its full-year earnings guidance and flagged an impairment against Australian assets. More>>

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No More Dog Docking: New Animal Welfare Regulations Progressed

“These 46 regulations include stock transport, farm husbandry, companion and working animals, pigs, layer hens and the way animals are accounted for in research, testing and teaching.” More>>

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Employment: Most Kiwifruit Contractors Breaking Law

A Labour Inspectorate operation targeting the kiwifruit industry in Bay of Plenty has found the majority of labour hire contractors are breaching their obligations as employers. More>>

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'Work Experience': Welfare Group Opposes The Warehouse Workfare
“This programme is about exploiting unemployed youth, not teaching them skills. The government are subsidising the Warehouse in the name of reducing benefit dependency,” says Vanessa Cole, spokesperson for Auckland Action Against Poverty. More>>

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Internet Taxes: Labour To Target $600M In Unpaid Taxes From Multinationals
The Labour Party would target multinationals operating in New Zealand to ensure they don't avoid paying tax if it wins power and is targeting $600 million over three years through a "diverted profits tax," says leader Andrew Little. More>>

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North Also Bad Now: Snow And Ice Over The South Island
The NZ Transport Agency is advising all South Island road travellers to check their Traffic and Travel website and the map showing area warnings and highway closures for highway updates before heading off this morning. More>>

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DOC on 1080: Birds & Bats On The Rise After Widespread Predator Control
Native species are on the rise thanks to intensive trapping and aerial 1080 operations across Fiordland National Park, latest monitoring results show. More>>

Not Houses As Such: Housing Infrastructure Fund Spending Announced
The allocation of the $1 billion Housing Infrastructure Fund today is another milestone in the Government’s plan to increase housing supply for a growing New Zealand, Prime Minister Bill English says. More>>

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Let Meat Workers' Union Workers: Talley's Tallies Up Another Court Loss
A company that is part of the Talley’s group has been fined $28,000 for assaulting and unlawfully preventing a Meat Workers Union organiser from recruiting union members. More>>

Crown Accounts: Revenue Over Forecast, Spending Under
The Government accounts for the eleven months to 31 May 2017 show a surplus of $4.5 billion, $1.5 billion ahead of the budget forecast, says Finance Minister Steven Joyce. More>>

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Property: Auckland Average House Price Drops 3.1% In June, Sales Fall
Auckland's average house price fell in June from May and the number of sales also declined to the lowest for a June month in seven years, says realtor Barfoot & Thompson. More>>

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Prices "Might Not Be" Resonable: Fuel Market Study Released
A study into New Zealand’s retail fuel market confirms that it has features which may not be consistent with a workably competitive market, Energy and Resources Minister Judith Collins says. More>>

Trade: McClay Announces FTA Negotiations With Pacific Alliance
Trade Minister Todd McClay has announced the launch of free trade agreement (FTA) negotiations with Mexico, Chile, Colombia and Peru and says better market access and lower tariffs will be of real value to New Zealand exporters. More>>

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"Success": Waterview Tunnel Opens
“We’re really pleased with how things have gone today and while the tunnel has been very busy with first time users, everything has been working to plan.”. More>>

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Testing And Decontamination: New Standard On Meth Residue
Standards New Zealand has today released NZS 8510:2017 Testing and decontamination of methamphetamine-contaminated properties ... More>>

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Mince, Etc: US Food Poisoning Lawyer At Conference
As New Zealand chefs, food experts, and MPI debate what constitutes a cooked beef burger, leading US food safety litigator Bill Marler, who made his name prosecuting the burger company responsible for a major E. coli outbreak, is keynote speaker at the Food Integrity Conference. More>>

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Petya: New Ransomware Campaign Hits Worldwide
A new ransomware campaign known as Petya is affecting computer networks using Microsoft Windows. It was first seen affecting systems in the Ukraine, but is quickly spreading across other computer networks in Europe. More>>

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Skodafone Goneski: Sky TV, Vodafone Drop $3.44 Billion Merger Plan
Sky Network Television and Vodafone New Zealand have terminated their merger agreement which aimed to create the country's largest telecommunications and media group, and have withdrawn an appeal against the Commerce Commission's rejection of the plan. More>>

Quake Insurance: Reforms To EQC Act Announced
· Increasing the monetary cap from $100,000 (plus GST) to $150,000 (plus GST) for EQC building cover.
· Clarifying EQC land cover is for natural disaster damage that directly affects the insured residence or access to it... More>>

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Reserve Bank: Official Cash Rate Unchanged At 1.75 Percent
Global economic growth has increased and become more broad-based. However, major challenges remain with on-going surplus capacity and extensive political uncertainty... More>>

Kaikōura Earthquake: Private Insurers Receive $1.8b Claims
Insurance Council Chief Executive Tim Grafton said most is for commercial loss at $1.36 billion, with residential claims amounting to over $460 million. “...We have a high level of confidence that most people will have received settlement offers by the end of this year." More>>

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Forms And Data: New Proposals To Simplify Personal Income Tax
The Government is proposing to make tax simpler for individuals, with people whose only income is from a salary, wages or investments no longer being required to file tax returns to receive tax refunds or to calculate any additional tax. More>>

Statistics: Vegetable Prices Up 31 Percent In Year To May
“Our wet autumn has pushed vegetable prices to their highest level in almost six years in May, with the largest annual increase to vegetables on record.” More>>

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Transport: Sichuan Airlines’ New Auckland Route
The new 13-hour direct service provides a seventh direct connection from Auckland Airport to a major Chinese city, and is the first to connect New Zealand directly to south west China. More>>

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Foodstuffs On Cadbury Exit: Backing Bid To Keep Candy In Dunedin
One team from Dunedin, led by Dr Jim O’Malley, has put their hand up to rescue the factory and continue manufacturing the favourite Kiwi candies... More>>

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10 Months To April: Crown Accounts Ahead Of Forecast
The OBEGAL was a surplus of $2.5 billion for the ten months to 30 April 2017, compared to a forecast surplus of $1.0 billion. More>>

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