Trimming trees next to powerlines is a dangerous job
Source: Worksafe New Zealand 22 May 2019 An employer has been sentenced to 60 hours community work and fined for failing to keep a worker safe while he was trimming tree branches next to a powerline. A casual worker hired by Bradford John Dibble was seriously injured in the incident. Dibble was sentenced at the […]
Read More →LVR restrictions promote financial stability, evaluation finds
Source: Reserve Bank of New Zealand Release date 22 May 2019 The Reserve Bank has undertaken a detailed evaluation of Loan-to-Value Ratio restrictions (LVR) as part of a wider review of macroprudential policy. “By improving the resilience of both households and banks, LVR policy has played a useful role in promoting financial stability during a […]
Read More →Mycoplasma bovis diagnostics research call for proposals now live
Source: Ministry for Primary Industries Date: 21 May 2019 Media contact: MPI media team The Ministry for Primary Industries (MPI), together with DairyNZ and Beef + Lamb NZ, is calling for proposals for the diagnostics research outlined in the Mycoplasma bovis (M. bovis) Science Plan. Accelerating the eradication of M. bovis from New Zealand is […]
Read More →Regulatory approval of new innovative trawl technology for inshore fisheries
Source: Ministry for Primary Industries Date: 21 May 2019 Media contact: MPI media team Fisheries New Zealand has approved the use of the Precision Seafood Harvesting (PSH) Modular Harvest System (MHS) in North Island inshore fisheries for snapper, tarakihi, trevally, red gurnard, and John Dory with specific conditions. Stuart Anderson, director fisheries management at Fisheries […]
Read More →Reserve Bank announces next steps in Capital Review
Source: Reserve Bank of New Zealand Release date 20 May 2019 The Reserve Bank has today announced the next steps in its Capital Review, following the closing of written submissions on Friday last week. The review proposes changes to regulatory capital requirements for locally incorporated banks. These include requiring bank shareholders to increase their stake […]
Read More →Court action likely after men take more than 3,500 pipi from Bay of Plenty harbour
Source: Ministry for Primary Industries Date: 20 May 2019 Media contact: MPI media team Two men are likely to face court action after being found in possession of 3,526 pipi taken from the Ohiwa Harbour near Kutarere in the Bay of Plenty. Ministry for Primary Industries (MPI) spokesman Richard Ratapu says the men were caught […]
Read More →Reserve Bank censures ANZ
Source: Reserve Bank of New Zealand Release date 17 May 2019 The Reserve Bank has revoked ANZ Bank New Zealand Limited’s (ANZ) accreditation to model its own operational risk capital requirement due to a persistent failure in its controls and attestation process. ANZ is now required to use the standardised approach for calculating appropriate operational […]
Read More →Pre-Budget announcements
Source: Inland Revenue Department – Two pre-Budget announcements were made by the Government today. GST on telecommunications services The Minister of Revenue announced today that the Government intends to align the GST rules on telecommunications services with OECD guidelines and with the treatment of other remote services. For more information, see: – the officials’ issues […]
Read More →2019 GST on telecommunications services – Fact sheet
Source: Inland Revenue Department – News and information about the Government’s tax policy work programme, including:– proposed changes to the laws that Inland Revenue is responsible for– updates on the progress of bills through Parliament– policy announcements 2019 GST on telecommunications services – Fact sheet Fact sheet. May 2019. Downloads MIL OSI
Read More →GST on telecommunications services
Source: Inland Revenue Department – News and information about the Government’s tax policy work programme, including:– proposed changes to the laws that Inland Revenue is responsible for– updates on the progress of bills through Parliament– policy announcements GST on telecommunications services An officials’ issues paper on GST on telecommunications services. May 2019. Downloads MIL OSI
Read More →Public invited to have their say on access to the outdoors
Source: Ministry for Primary Industries Date: 17 May 2019 Media contact: MPI media team New Zealanders with an interest in the outdoors are being invited to have their say on legislation that helps them access nature throughout the country. The Ministry for Primary Industries (MPI) is reviewing the Walking Access Act 2008 and today began […]
Read More →Feedback sought on the review of the Walking Access Act 2008
Source: Ministry for Primary Industries Closing Date: 02 Jul 2019 Contact: Walking access review team Have your say The Walking Access Act 2008 (the Act) is about providing free access to the outdoors for walking and for types of access that may be associated with walking, such as access with firearms, dogs, bicycles, or motor […]
Read More →Construction company sentenced after vehicle fatality
Source: Worksafe New Zealand 16 May 2019 A South Island construction company has been ordered to pay fines, reparation and costs of more than $500,000 after a worker was crushed and killed when the truck he was driving rolled down a bank. In a decision released by the Blenheim District Court last week, Crafar Crouch […]
Read More →New fisheries research projects planned for 2019-2020
Source: Ministry for Primary Industries Date: 14 May 2019 Media contact: MPI media team Fisheries New Zealand has announced its fisheries research proposals for the coming year. Manager Fisheries Science Dr Rich Ford says research is critical to managing New Zealand’s fisheries in a sustainable way. “Scientific data is the backbone of New Zealand’s fisheries […]
Read More →Reminder: Have your say on bank capital levels
Source: Reserve Bank of New Zealand Release date 13 May 2019 Just one week remains for people to make a submission on the Reserve Bank proposals to make the banking system safer by increasing minimum bank capital. The Reserve Bank is consulting on proposals to increase the amount of capital banks must have. If implemented, […]
Read More →High Court imposes first permanent prohibition under Companies Act
Source: Companies Office – Press Release/Statement: Headline: High Court imposes first permanent prohibition under Companies Act These High Court prohibitions are the two longest bans ever imposed under the Companies Act 1993. These bans can only end with the consent of the High Court. The Registrar of Companies sought that Mr Ryan and Mr Blake […]
Read More →Fruit fly in Auckland – Situation update 11 May 2019 Step-up in response in Northcote
Source: Ministry for Primary Industries Another Queensland fruit fly has been found within the current Northcote controlled area, bringing the total to eight over the past three and half months. Biosecurity New Zealand is stepping up it’s on the ground efforts in the suburb, and will begin placing bait on fruit trees to attract and […]
Read More →Gasfitter sentenced to community detention after installing faulty fireplace
Source: Worksafe New Zealand 10 May 2019 Tauranga gasfitter Patrick Dykes has been sentenced to four months’ community detention after a gas fireplace he installed incorrectly caught fire causing significant damage to the house. Patrick Joseph Dykes appeared at the Tauranga District Court today after Dykes’ company was hired to install a gas fireplace at […]
Read More →Climate change research funding on offer
Source: Ministry for Primary Industries Date: 10 May 2019 Media contact: MPI media team The Ministry for Primary industries is calling for applications to the 2019-2020 funding round for the Sustainable Land Management and Climate Change (SLMACC) Research Programme. Steve Penno, MPI’s director of investment programmes says this research programme has been supporting New Zealand’s […]
Read More →Latest science says most fish stocks in good shape
Source: Ministry for Primary Industries Date: 10 May 2019 Media contact: MPI media team Fisheries New Zealand has recently published its annual Status of New Zealand’s fisheries report, which shows that most New Zealand fish stocks are sustainable. Manager fisheries science Dr Richard Ford says Fisheries New Zealand is committed to ensuring the long term […]
Read More →