As many as 45,000 Bank of New Zealand customers have been affected by a mistake in Inland Revenue's handling of information, which may land some of them with incorrect tax bills.
Adhering to responsible investing principles is expected to become a mandatory practice for fund managers in future rather than just a nice-to-have for clients.
One of New Zealand's largest forestry companies expects log prices will bounce back, with demand for building materials still strong in the Asia Pacific region.