Articles tagged with Market
Kiwibank Empowered to Challenge Big Four Aussie Banks with $500M Capital Boost
1 day ago | 117 viewsKiwibank has been authorized to enhance its competition with the dominant Australian-owned banks in New Zealand's banking sector by raising up to $500 million in capital for growth. This move is aimed at enabling Kiwibank to better compete with the big four Australian banks while preserving its New Zealand identity. The government has approved measures to ensure Kiwibank's New Zealand identity, including maintaining majority government ownership and requiring key operational aspects to remain in New Zealand.
Tags: Kiwibank Nicola Willis Finance Minister Commerce Commission New Zealand Kiwi Group Capital Māori institutions New Zealand KiwiSaver funds stock marketBoosting Trade: New Zealand and Malaysia Strengthen Halal Meat Partnership
2 weeks ago | 299 viewsNew Zealand and Malaysia aim to enhance trade in high-quality halal meat products, with Malaysia being a key market for New Zealand's premium halal meat exports. Malaysia is facilitating approvals for New Zealand halal meat premises to gain access to its market, potentially leading to significant growth in exports and benefiting Kiwi farmers and exporters. Both countries are collaborating to streamline export requirements for New Zealand halal meat, emphasizing the importance of compliance with halal standards and strengthening their relationship in halal processing and assurance systems.
Tags: New Zealand Malaysia Andrew Hoggard Dato’ Seri Dr. Ahmad Zahid bin Haji Hamidi Halal meat Trade Export Collaboration Market ComplianceKiwi Electricity Bill Savings Boosted by New Energy Market Changes
2 weeks ago | 222 viewsThe Electricity Authority announced changes aimed at reducing electricity bills for Kiwi households and businesses, with a focus on fair pricing for rooftop solar and battery exports and introducing time of use plans. The government is also working on a review of the electricity sector to ensure fair prices and address energy shortages. These changes are expected to incentivize uptake of solar and battery systems, reduce power prices over the long term, and enable small-scale systems to meet peak demand.
Tags: Kiwi households businesses electricity bills Energy Minister Simon Watts Associate Energy Minister Shane Jones solar electricity generation power bills electricity sector electricity marketExploring Toll Concessions for New Zealand's Road Infrastructure Development
4 weeks ago | 445 viewsMarket soundings with international and local toll road investors, operators and financiers will begin next week as the next step in exploring how toll concessions could help fund, build and operate important road infrastructure, Infrastructure and Transport Minister Chris Bishop says. “The Government is focused on improving high-quality road infrastructure to boost economic growth and ensure people and freight can travel efficiently and safely. To accelerate the delivery of vital transport projects, we’re looking into alternative funding and financing methods, including the use of toll concessions.
Tags: toll concessions road infrastructure Chris Bishop toll roads private sector involvement market sounding infrastructure funding toll collection transport projects