Celebrating 25 Years of Scoop
Licence needed for work use Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Today's Independent Financial Review - 17/10/07

Today's Independent Financial Review - 17/10/07

GRID CHARGES THREATEN ENERGY PLAN - The government's renewables-led energy strategy, announced last week, will fail if South Island generators are forced to wear the $1 billion cost of upgrading the Cook Strait cable. Nick Smith reports.

NZOG ON A HUNT FOR FUNDS AND FIELDS - New Zealand Oil & Gas will shortly start pumping $120 million worth of oil a year and is looking for fresh fields, writes Nick Smith.

ASIAN STATIONERY FIRMS COP DUMPING DUTIES - The Ministry of Economic Development will impose hefty anti-dumping duties on imports of stationery products from five Asian countries after a complaint from papermaker Croxley. Denise McNabb reports.

NZRU TAKES A CURRENCY PUNT - There's one bit of good news for the New Zealand Rugby Union - thanks to a bit of judicious currency hedging, its losses this year are now expected to be only about $5 million.

CHALKIE notes there won't be enough Opus International shares to go around, and isn't surprised; the world's HEDGE FUNDS are a time bomb waiting to go off, according to two financial economists; AIRLINES are abandoning their nuts'n'cola strategies and bombarding domestic travellers with extras.

Nick Stride
Editor
The Independent Financial Review

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.