Ainsley Thomson

New Zealand’s governing National Party will introduce random drug tests for people receiving the unemployment benefit if it wins the Nov. 7 election, with Prime Minister Christopher Luxon saying he is also open to testing lawmakers.

The Reserve Bank of New Zealand is recruiting two assistant governors and a chief of staff as Governor Anna Breman overhauls the central bank’s senior ranks almost a year into the job.

A legal battle between rival investment firms Jarden and Barrenjoey will return to a New Zealand court room, extending a dispute sparked by the Australian firm’s raid on Jarden staff including two senior bankers.

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For decades, moving “across the ditch” to Australia has been an easy option for New Zealanders seeking higher pay and broader prospects. There’s no visa required and it’s just a quick, three-hour flight separating the two countries.

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The biotech firm trying to bring extinct species back to life, Colossal Biosciences Inc., has acquired a rare egg of a flightless bird called the moa and will return it to its native New Zealand.

Directors of FNZ Group Ltd., a digital wealth management platform that’s backed by some of the world’s largest institutional investors, will face staff shareholders in open court in New Zealand over claims their stakes were unfairly diluted.

The biotech firm trying to bring extinct species back to life, Colossal Biosciences Inc., has acquired a rare egg of a flightless bird called the moa and will return it to its native New Zealand.

Two former top Jarden bankers “behaved poorly” and acted like an “insider” for Barrenjoey Group to orchestrate a plan from within to poach the investment firm’s staff and lure them across, a court heard Tuesday.