In today’s business news – New Zealand posts third consecutive monthly trade surplus, Sky eyes more streaming services and the Commerce Commission sticking with Viagogo appeal.
New Zealand could serve as a trade and travel bus stop between China and Latin America, a conference of government and business leaders in Auckland has been told.
A global report has praised New Zealand for its wellbeing approach to policy, but has named inequality, housing unaffordability and migration policy as major risks to our economic success.
Analysis – The deposit insurance scheme may allow RBNZ to step back from some of its more extreme proposals, but it is also something of a rebuke to its laissez-faire approach, writes Gyles Beckford.
A scheme to protect people from potential failure of banks and a tougher regime for executives have been announced by the government as it reviews New Zealand’s banking laws.
Campervan and tourism company Tourism Holdings is raising $80 million to reinforce its balance sheet, as it narrowed its profit expectations for a second time.