European investors big fans of billion trees project

New Zealand's billion trees planting project has attracted the eye of some of the world's most deep-pocketed timber sector players interested in growing much more than raw radiata logs.A director of Kronospan, the world's largest... Source: NZ Herald Business News

By | March 27th, 2019|Business|0 Comments

Mike Hosking: Hats off to a farmer who tells it like it is

COMMENT: I might nominate Phillip Neal for New Zealander of the year.Phillip, who is the president of Marlborough Fed Farmers, has got himself some attention this week over his views on the capital gains tax.In the last column... Source: NZ Herald Business News

By | March 27th, 2019|Business|0 Comments

Interest rate cuts loom after Reserve Bank changes tack

Economists are factoring in a cut in the official cash rate this year, possibly as early as May, after the Reserve Bank suddenly changed tack to reflect what it sees as a weaker global economic outlook and reduced momentum domestically.The... Source: NZ Herald Business News

By | March 27th, 2019|Business|0 Comments

Prison and home detention for financial directors guilty of multi-million dollar GFC crimes

Three businessmen have been sentenced to prison and home detention for their roles in multi-million-dollar crimes committed during the global financial crisis after the collapse of two finance companies.Paul Bublitz, Bruce McKay... Source: NZ Herald Business News

By | March 27th, 2019|Business|0 Comments

Average mortgage for low-deposit, first-home buyers jumps 46 per cent on last year

First-home buyers with less savings are increasingly securing home loans and getting a foot on the property ladder - but they are also taking on larger debts.New Reserve Bank figures showed first-home buyers with deposits less than... Source: NZ Herald Business News

By | March 27th, 2019|Business|0 Comments

Inside the aircraft 'boneyard' now housing Boeing's grounded Max 8s

It's the bizarre "boneyard" where old, retired planes go to live out their final days.Surrounded by desert and collecting dust, hundreds of commercial jetliners are held at a remote facility in Victorville, one of several aircraft... Source: NZ Herald Business News

By | March 27th, 2019|Business|0 Comments

Bunnings rule about dogs wearing muzzles causes fury among pet owners

A Perth dog owner has lashed out at Bunnings after she was told about a controversial rule at the store when she tried to take her pet inside.The woman took to Facebook to complain about the "pathetic" rule after she was told she... Source: NZ Herald Business News

By | March 27th, 2019|Business|0 Comments

Fraudster who took sleepy Alabama town for millions sentenced

The founder of business incubator who pleaded guilty to scamming residents of an Alabama city was sentenced Tuesday to more than five years in prison and ordered to return $1.9 million to investors.Kyle Sandler, 43, opened the Round... Source: NZ Herald Business News

By | March 26th, 2019|Business|0 Comments

EU hits Google, Facebook with far-reaching copyright law

Alphabet, Google, Facebook and freedom of speech activists suffered a blow after the European Parliament rubber-stamped new rules that could curb access to online media in Europe.Once in effect, the rules will likely set off publishers,... Source: NZ Herald Business News

By | March 26th, 2019|Business|0 Comments

Tauranga City Council hits back at public accusations about Bella Vista demolitions

Tauranga City Council has hit back at accusations it is demolishing some of the Bella Vista houses unnecessarily or to destroy evidence.In a meeting this morning councillors received a report that "unequivocally rejected" the claims... Source: NZ Herald Business News

By | March 26th, 2019|Business|0 Comments