Infrastructure spend could invigorate economy BusinessNZ chief executive Kirk Hope says a portion of the governments $7.5 billion surplus should be used to invigorate the weakening economy and improve business confidence. “We would like to see a firm commitment to fast-tracking and executing infrastructure development which will help improve business...
OIO decision confidence building BusinessNZ chief executive Kirk Hope welcomes a decision by Minister of Finance Grant Robertson and Associate Minister of Finance David Parker to approve new applications by mining company OceanaGold to purchase land in Waihi. Earlier, the multinational gold producer had an application under the Overseas Investment...
RMA shakeup long overdue A shakeup of the Resource Management System is a big step in the right direction, BusinessNZ chief executive Kirk Hope says. “This is a great chance to move towards improved environmental, economic and social wellbeing outcomes.” Mr Hope says Resource Reform New Zealand (Employers and Manufacturers...
ETS development continues to be well signalled The latest design changes to New Zealand’s emissions trading scheme have been progressively well signalled and are broadly positive, says BusinessNZ. The Government’s latest set of changes include rules for auctions, pricing, monitoring, and penalties for the ETS. BusinessNZ Chief Executive Kirk Hope...
Hydrogen and economic issues top of mind for NZ energy executives The sixth annual New Zealand Energy Issues Map below shows energy executives grappling with the potential of hydrogen fuel, along with economic issues including New Zealand’s emerging climate framework. The issues map identifies hydrogen as one of this year’s...
Infrastructure Commission welcomed BusinessNZ says the establishment of the new Infrastructure Commission will help overcome current infrastructure problems in New Zealand. Chief Executive Kirk Hope says there’s a need for greater investment in infrastructure and for better alignment of infrastructure demand and supply. “We are again in a situation where...
Electricity pricing options The BusinessNZ Energy Council (BEC) has welcomed options published today by the Electricity Price Review Panel. BEC Chair David Caygill said the Review had provided a thorough and careful review of issues and options for improvement in electricity pricing. “The Review has investigated concerns about how prices...
Greens’ electricity policy improved Greens’ electricity policy improved BusinessNZ has welcomed the Greens’ electricity policy announced today. BusinessNZ Chief Executive Kirk Hope says it is a big turnaround from the party’s policy at the last election, which would have introduced state control of electricity pricing and driven private investment out...
NZ Energy Issues