The Commerce Commission has announced they are blocking Foodstuff’s North and South Island merger, on the basis that it would substantially lessen competition and make it harder for other retailers to grow. The cancellation of plans to build a Dunedin hospital is continuing to cause controversy, with Otago mayors revealing that as recently as two weeks ago they were assured it would go ahead. In further bad news for Otago, a new OIA release reveals that Otago Polytech may be at risk of closure. In employment news, early childhood teachers are facing a pay cut, while SEEK data shows that salary growth has slowed.
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