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Government was preparing to directly subsidise Rio Tinto's transmission costs


Government was preparing to directly subsidise Rio Tinto s transmission costs
16 Apr, 2021 05:00 PM
9 minutes to read
Within an hour of Rio Tinto announcing a strategic review of Tiwai Point, Labour ministers promised there would be no financial assistance from the Government. Photo / Gregor Richardson
Within an hour of Rio Tinto announcing a strategic review of Tiwai Point, Labour ministers promised there would be no financial assistance from the Government. Photo / Gregor Richardson
In public the Government was clear: whatever Rio Tinto might threaten to do with the Tiwai Point aluminium smelter, taxpayers were not going to simply write a cheque to stave off closure. ....

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Regional economies: Agriculture strong, tourism struggling


Regional economies: Agriculture strong, tourism struggling
21 Dec, 2020 07:30 PM
3 minutes to read
Regions with large agricultural bases have surging regional economies while those which relied heavily on tourism were struggling.
The latest quarterly figures from Westpac McDermott Miller showed that Gisborne/Hawkes Bay have recorded a huge bounce in confidence, followed by Nelson-Marlborough-West Coast and Taranaki/Manawatū-Whanganui.
It showed the optimists now outweighed the pessimists in most regions, except in Northland, Otago and Southland - although the news was not entirely grim for the southern regions which had been hard-hit by the Covid-19 linked downturn.
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Senior agri economist Nathan Penny said the bounce in confidence for most regions was a reflection of the general rebound in the economy, helped by news of positive vaccine developments overseas. ....

Tiwai Point , New Zealand General , New Zealand , Marsden Point , Taranaki Manawat , Westpac Mcdermott Miller , Hawkes Bay , Nelson Marlborough West Coast , Nathan Penny , Marsden Point Refinery , Tiwai Point Aluminium , திவாய் பாயஂட் , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , மார்ஸ்டன் பாயஂட் , தரனகி மானவத் , வெஸ்ட்பேக் மக்டர்மட் மில்லர் , பருந்துகள் வளைகுடா , நெல்சன் மார்ல்பரோ மேற்கு கடற்கரை , நாதன் பைசா , மார்ஸ்டன் பாயஂட் சுத்திகரிப்பு நிலையம் , திவாய் பாயஂட் அலுமினியம் ,