Weekly Digest – 17 May 2023

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy.

Banks are less trusted than supermarkets

A survey by Consumer NZ found that banks are less trusted than supermarkets, with only 33% of respondents saying they trust banks, compared to 57% for supermarkets.
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Pre-budget speech to BNZ business breakfast

The Minister of Finance discussed the upcoming budget and its focus on creating a more productive and competitive economy, as well as the government’s commitment to fiscal responsibility and reducing debt.
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Phase 3 of Tui Project oil field decommissioning commences

The Tui Project has begun its third phase of decommissioning an oil field off the Taranaki coast, with the aim of restoring the environment and protecting marine life.
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Internal Affairs expands pokie probe with dozens now asked for a ‘please explain’

The Department of Internal Affairs has expanded its investigation into pokie machines, asking dozens of venues to explain their compliance with the Gambling Act.
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Accelerated 5G roll-out to benefit rural New Zealanders

The government is investing in 5G technology to accelerate its roll-out, which will benefit rural New Zealanders by providing faster internet speeds and improved access to digital services.
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How to choose a pricing model

Choosing a pricing model for your business can be difficult, but it is important to consider factors such as customer needs, market trends, and the cost of goods and services.
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2023 Fonterra Responsible Dairying Award Winners Lead Change Through Innovation

Fonterra has announced the winners of its 2023 Responsible Dairying Awards, recognizing farmers who have demonstrated innovation and leadership in sustainable dairying.
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Funding to clean up slash and debris in Tairāwhiti and Hawke’s Bay

The government is providing funding to clean up slash and debris in Tairāwhiti and Hawke’s Bay, to help protect the environment and create jobs.
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Tech Inform – Techweek23 is here!

NZTech has announced the launch of Techweek23, a week-long event to celebrate and showcase New Zealand’s tech industry. It will feature a range of activities, including talks, workshops, and networking events.
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