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29 September 2005
Evergreen Sale Condition Satisfied
The purchase by James Fielding Funds Management Limited of Evergreen Forests Limited’s forest estate has today been approved by the Overseas Investment Office. The agreement approved by Evergreen shareholders at a Special Meeting on Monday 26th September is now unconditional.
ENDS
Paymark: Lockdown Equals Slowdown For Some
The three days of lockdown for Auckland earlier this month made a clear impression on our retail spending figures. While only Auckland moved into Level 3 lockdown, the impact was felt across the country, albeit at different levels. Looking at the ... More>>
Infrastructure Commission: Te Waihanga Releases Report On Water Infrastructure
The New Zealand Infrastructure Commission, Te Waihanga’s latest discussion document highlights the importance of current reforms in the water sector. Its State of Play discussion document about water infrastructure is one of a series looking at the ... More>>
Sci-Tech: Perseverance Rover Lands On Mars – Expert Reaction
NASA has landed a car-sized rover on the red planet to search for signs of past life. The vehicle has more instruments than the four rovers preceding it, and it’s also carrying gear that could help pave the way for human exploration of Mars. The ... More>>
ASB: Quarterly Economic Forecast Predicts OCR Hike As Early As August 2022
Predictions of interest rate rises have been brought forward 12 months in ASB’s latest Quarterly Economic Forecast. Chief Economist Nick Tuffley now expects the RBNZ to begin raising the OCR from its current level of 0.25% as early as August ... More>>
ACT: Matariki Almost A Half Billion Dollar Tax On Business
“Official advice to the Government says an extra public holiday at Matariki could cost almost $450 million,” ACT Leader David Seymour can reveal. “This is a perfect example of the Prime Minister doing what’s popular versus what’s responsible. ... More>>
Genesis: Assessing 6,000 GWh Of Renewable Generation Options For Development By 2025
Genesis is assessing 6,000 GWh of renewable generation options for development after starting a closed RFP process with 11 partners. Those invited to participate offer a range of technologies as Genesis continues to execute its Future-gen strategy to ... More>>
The OECD area unemployment rate was stable at 6.9% in December 2020, remaining 1.7 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] In December, the unemployment rate was also stable ... More>>
Stats NZ: Unemployment Drops To 4.9 Percent As Employment Picks Up
The seasonally adjusted unemployment rate dropped to 4.9 percent in the December 2020 quarter, from 5.3 percent in the September 2020 quarter, Stats NZ said today. Last quarter’s unemployment rate of 5.3 percent followed the largest increase observed ... More>>
OECD: Unemployment Rate Stable At 6.9% In December 2020, 1.7 Percentage Points Higher Than In February 2020