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What's in today's Independent Financial Review

What's in today's Independent Financial Review


Caucus furore over Brash's private life

Increased scrutiny in Parliament of Don Brash's private life sparked anger behind the scenes yesterday in the National Party caucus, reopening speculation about his suitability for leadership. Labour cabinet ministers openly questioned Brash about his use of the word "affair" and his relationship with the Business Roundtable in parliament last week. National MPs asked him about his private life in caucus, sparking an uproar after he declined to comment. Tim Donoghue reports.


NZ squeezed out in rush for Free Trade Agreements.

New Zealand's edge as an early negotiator of free trade agreements is being eroded to the point it risks being shut out of key deals, Trade Minister Phil Goff has warned. He suggests New Zealand needs to focus on fewer deals as an increasing number of larger countries jostle with the likes of New Zealand for deals with China and others. Denise McNabb reports.


Air NZ faces dogfight on its new Hong Kong route

Air New Zealand's move to open a new route through Hong Kong to London looks to have run head on into a price war with a budget start up airline called Oasis Hong Kong offering $200 flights to London. Denise McNabb reports.


ASB pulls Numeria credit line, but BNZ steps in

Loss-making Auckland-based finance company Numeria is to lose one of its bankers. The ASB is withdrawing its credit lines, forcing the BNZ to increase its funding. Numeria provides personal loans and operating leases to businesses through a variety of partners. Numeria is partly owned by Capital + Merchant. Denise McNabb reports.


NZX to change electronic trading system

The New Zealand Exchange plans to swap out its existing stock trading platform for the new one it plans to develop to take on the Australian Stock Exchange. The new platform is likely to be rolled out in the middle of next year and give the NZX the opportunity to offer gas and electricity futures contracts. Nick Stride and Bernard Hickey report.


Elsewhere, we editorialise on the government's productivity performance, we detail a sharp rise in electricity industry profits and we include an interview with Ron Brierley.


ENDS

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Gordon Campbell: On The Perils Of Declaring Premature Victory


Sure enough, Saturday’s Vaxathon was a barrel of fun and a throwback not merely to the Telethons of the past. It also revived memories of those distant days of early 2020, when we were all carefully wiping down our groceries, not touching our faces, washing our hands for 20 seconds and responding to level four lockdowns by putting teddy bears in the window for the benefit of the little kids walking by in their family bubbles. Those were the days, when the Team of Five Million felt like a real, organic thing... More>>

RNZ: Prime Minister Jacinda Ardern announces Cabinet decision on Covid-19 alert levels


Northland will move to level 2 at 11.59pm on 19 October. Waikato will be held at level 3, to be reviewed on Friday. Auckland will remain in level 3 with current restrictions for another two weeks... More>>

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Government: Red Tape Cut To Boost Housing Supply
First home buyers are set to benefit from changes to planning rules being advanced by the Government and the National Party that will enable more medium density housing and cut red tape that acts as a barrier to development... More>>

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Economy: Inflation highest in over a decade
The consumers price index rose 2.2 percent in the September 2021 quarter, the biggest quarterly movement since a 2.3 percent rise in the December 2010 quarter, Stats NZ said today. Excluding quarters impacted by increases to GST rates, the September quarter movement was the highest since the June 1987 quarter... More>>

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Government: New Zealand Increases Climate Aid Contribution

The Government is making a four-fold increase in the support it provides to countries most vulnerable to the climate emergency, Prime Minister Jacinda Ardern and Climate Change Minister James Shaw announced today... More>>



Pay Cheque To Pay Cheque: Half A Million New Zealanders Have No Savings
New findings from the Consumer NZ sentiment tracker found that 15% of New Zealanders had no savings, and a further 27% were anxious about their level of savings and would like to have more tucked away... More>>


Government: Mandatory Vaccination For Two Workforces

Large parts of two workforces critical to preventing the spread of COVID-19 will be required to be vaccinated, COVID-19 Response Minister Chris Hipkins said today. “Our education and health and disability workforces have done an incredible job throughout this pandemic to keep themselves and people safe,” Chris Hipkins said.... More>>


Green Party: Deeply Concerned Space Launches May Be Breaching Nuclear-free Laws

The Green Party is deeply concerned that space launches by Rocket Lab may be breaching nuclear-free laws, given our long-standing position as a signatory of the Nuclear Non-Proliferation Treaty... More>>


 
 
 
 
 
 

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