Weekly Digest – 7 June 2023

Weekly Digest – 7 June 2023

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

Greenwashing investigation into Kiwi businesses needed – Consumer

A consumer group is calling for an investigation into Kiwi businesses for greenwashing, which is the practice of making false or misleading claims about environmental benefits. They believe this is a growing problem and that businesses should be held accountable for their actions.

Synlait to sell off Dairyworks and Talbot Forest brands

Synlait, a New Zealand-based dairy company, has announced that it will be selling off its Dairyworks and Talbot Forest brands. The company is looking to focus on its core business and will be selling the brands to an unnamed buyer.

Govt backs retailers with expansion of fog cannon programme

The New Zealand Government is expanding its Fog Cannon Programme to help retailers protect their premises from burglars. The programme will provide funding for the installation of fog cannons, which emit a dense fog to disorientate and deter burglars. The programme is part of the Government’s commitment to reducing crime and keeping communities safe.

No fast answers for cyclone-affected properties

The New Zealand government has announced that it will not be providing fast answers to those affected by Cyclone Gita. The government is working with local councils to assess the damage and determine the best course of action. In the meantime, affected people are encouraged to contact their local council for assistance.

New website simplifies Auckland land purchases

A new website –sectionsforsaleauckland.co.nz – streamlines the process of finding and purchasing land in Auckland’s competitive property market. The platform offers comprehensive, detailed information on new subdivisions, catering to buyers, sellers, and developers alike, revolutionising property transactions in the city.

Qippay partners with BNZ

Qippay, a digital payments platform, has partnered with BNZ to provide customers with a secure and convenient way to pay for goods and services. The partnership will enable customers to use Qippay’s digital wallet to make payments and access loyalty rewards. Qippay’s technology will also provide BNZ customers with a range of innovative features.

On-farm inflation at crushing 40-year high

On-farm inflation has reached a 40-year high, with the cost of inputs such as fuel, fertiliser, and labour increasing significantly. This has put a strain on farmers’ budgets, with many struggling to keep up with the rising costs. The government has promised to help, but farmers are still feeling the pressure.

Buy NZ Made strengthens brand protection

Buy NZ Made is a campaign that encourages businesses to use the Buy NZ Made logo to protect their brand and promote New Zealand-made products. It also helps consumers identify genuine New Zealand-made products and supports local businesses.

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