New Greens leader David Shoebridge told the National Press Club he would pursue a weekly tax cut worth 21 dollars plus a welfare boost, funded partly by higher returns from the resources sector.
The Reserve Bank of New Zealand is expected to raise its official cash rate by 25 basis points to 3.0 percent, despite earlier signalling a pause. It would mark a third straight increase and the highest level in a year.
New Zealand start-ups are attracting larger investments during a period of record growth, according to the Young Company Finance report. Early-stage deals at the proof-of-concept and pre-seed stages are also rebounding.
Australian energy company Woodside is exiting its stake in the long-delayed Greater Sunrise gas project in the Timor Sea. An analyst says China is well placed to step in and help Timor-Leste develop the field.
A national gas reservation bill before Australia's federal parliament could let the biggest driver of high domestic prices escape its restrictions, experts warn.
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