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May 22, 2012

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Aquaculture reform to end decade of ‘missed opportunity’

 New legislation is about to jumpstart the aquaculture sector after a decade of “missed opportunity”, according to industry organisation Aquaculture New Zealand. Chief executive Mike Burrell said the passing of the Aquaculture Legislation Amendment Bill, which streamlines the aquaculture development application process and allows for farming a wider range of species in certain areas, would see the industry put the doldrums of the lost decade behind it and get on track toward becoming a billion-dollar sector.

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FCO the newest player in the outdoor leisure market

Australian-based Super Retail Group, which operates Supercheap Auto in New Zealand, is expanding further into the Kiwi market with the launch of FCO Fishing Camping Outdoors. The initial $15 million venture will see 10 stores opened across the North Island this year with a specific focus on fishing, camping, tramping, boating, kayaking and outdoor apparel, fusing SRG’s two leisure businesses – Ray’s Outdoors and BCF Boating Camping Fishing.

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Low-value transactions a winner for Snapper

Low-value transactions are proving a winner with Snapper card users, an electronic payment method used as a replacement for cash. Snapper, whose system is now accepted at more than 500 retailers in Wellington and Auckland, said it was a fast and easy way to pay for convenience and everyday items such as coffee, snacks, lunch and drinks.

As Snapper grows, the categories of retailers where Snapper shows the most value has become very obvious. Retailers that sell sub-$15 consumable products in or around education, business and transport hubs are very successful Snapper retailers,” said chief executive Miki Szikszai.

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Vodafone gets on board with Pacific Fibre

Pacific Fibre has sealed its biggest deal to date, a 10-year commitment from Vodafone to supply international bandwidth on its undersea cable system linking the US to Australia and New Zealand. Vodafone chief executive Russell Stanners said the “multimillion dollar” agreement would see Vodafone become Pacific Fibre’s biggest domestic customer. “By partnering with an innovative, entrepreneurial business such as Pacific Fibre, we’re helping to break down the digital divide between New Zealand and the rest of the world.”

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Key, Nats still outpacing Labour in election race

With less than 100 days to go until the November general election, National’s public approval shows no signs of sagging – numbers indicate it has enough support to rule alone.

Two polls last night highlighted the gap between support for the two parties; a One News Colmar poll put National 26 points ahead of Labour with 56 percent of the party vote, and a TV3 poll giving National 54 percent compared with Labour’s 28.8 percent. And while John Key remains the preferred choice for prime minister (57 and 53 percent respectively), Phil Goff got the nod from just 8 percent of respondents.

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Questioning Cottonsoft's cotton socks

Asia Pulp & Paper champions its sustainability and CSR initiatives – but the global giant, which also owns New Zealand-based company Cottonsoft, has been embroiled in sustainability hypocrisy as of late with claims by numerous groups that it is wiping out the habitat of the endangered Sumatran tiger in Indonesia. And Greenpeace, the Green Party and WWF-New Zealand have collaboratively undertaken an eight-month investigation into exactly where the toilet paper sold by New Zealand retailers originates from.

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