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22 Nov 2024

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TVNZ wins first round of legal fight with disgraced ex-host Kamahl Santamaria
Kamahl Santamaria has sold his family home to help fund legal action against TVNZ. The Employment Authority has said “TVNZ is the successful party” in a preliminary decision.

The government wants to count blue carbon towards climate targets. But ocean carbon could cut both ways
NZ's enormous exclusive economic zone contains a huge amount of carbon in its ocean sediments, and releasing even a tiny proportion could undo any other climate benefits.

‘These guys are big players’: World’s top rugby talent targeted for breakaway league
A US-based fund has been approaching players about deals reportedly worth $1.3 million to join a rebel competition.

Billion-dollar ball game: Big end of town could produce cash bonanza for Australian rugby
Australian rugby has called on some of the country’s leading investors and fund managers to help fund every level of the game.

New plant captures carbon dioxide for fizzy drinks
The new electricity plant plans to use the gas rather than releasing it into the atmosphere.

Simplicity secures stake in boat company Stabicraft Marine
KiwiSaver provider Simplicity has announced its private equity fund has bought into the Invercargill based company.

Does NZ have the credibility to lead discussions at COP29?
Analysis: NZ's climate change minister will be co-leading talks on international carbon trading the global climate summit in Baku next week, even though the government has been unable to commit to using the trading mechanism they will be discuss...

The 88-year-old lorry driver building a rural care home
Alongside a team of volunteers, Rosemary Stevenson has raised Ł1.5m to fund care for older people in Ballantrae.

Regional fund grants $20m to Waitangi and Ratana grounds
Upgrades are planned to two culturally significant sites, Ratana Pa and the Treaty Grounds, with just over $20 million being contributed from the Regional Infrastructure Fund.

China passes energy law to 'promote carbon neutrality'

Auckland Anniversary floods: Capped fund will allow some homeowners to begin repairs
The details of the council scheme are still be finalised, but one resident says it still leaves some people in limbo.

GitHub launches AUD $1.91m fund for open source security
The GitHub Secure Open Source Fund has launched with AUD $1.91 million to boost security in 125 open source projects, offering financial support and education.

The KiwiSaver fund that returned more than 100 percent in a year
Tech and crypto investments have helped some funds rise to the top.

Japan's Mount Fuji eyes China-made tram to transport hikers, source says
Japanese authorities seeking to reduce the carbon footprint and overcrowding at Mount Fuji will propose a trackless, rubber-tyred tram system.

Southland aquaculture business hub gets regional fund loan
The project includes expanding its farming pods, building training, research, worker accommodation, and tourism facilities.

Albanese’s $15b tech fund gets ready to write first cheques
Two years after it was first legislated to beef up Australia’s competitiveness in technology and manufacturing, the National Reconstruction Fund is about to make its first investments.

Pharmac to fund at-home testing kit to check pregnancy termination successful
The testing kit confirms a pregnancy has ended following a medical abortion.

Pharmac to fund new ADHD medicine
The drug buying agency will also remove the renewal criteria for people with ADHD and narcolepsy.

US elections: Climate finance negotiations could be harder after Trump's victory
NZ will argue at COP29 for oil-rich companies to join a climate finance fund - but any future US contribution could be in question.

75 point OCR cut needed to aid economy 'stuck in rut', fund manager says
Greg Smith of Devon Funds wants a jumbo-sized cut to the official cash rate at the Reserve Bank's last meeting of the year due in a couple of weeks.