Latest State Owned Enterprises Headlines
NZ 9th in worldwide resources and mining salary ranking
Tue, 13 Aug 2013 16:38:44 +1200 | Hays
New Zealand’s local resources & mining professionals earn the 9th highest wage globally, according to a worldwide study of remuneration trends published by recruiting experts Hays Resources & Mining.More >>
Hamish Bohannan's Hopes For Westport - The Westport Story, 4
Tue, 13 Aug 2013 16:13:31 +1200 | The Westport Story told by Scoop
On the final day of Scoop Amplifier's three day field trip to Westport Scoop's Alastair Thompson and Stephen Olsen spent the day in the company of Bathurst Resources' CEO Hamish Bohannan, Corporate Affairs Manager Sam Aarons and Westport based Chief Geologist ...More >>
Country needs to work together and clean up its act
Tue, 13 Aug 2013 13:45:19 +1200 | University of Waikato
New Zealand’s 100% Pure branding is too valuable to get rid of so the country needs to clean up its act and live up to its promises, a University of Waikato senior academic says.More >>
Christchurch Town Hall update
Mon, 12 Aug 2013 15:11:50 +1200 | Christchurch City Council
Christchurch City Councillors will visit the Christchurch Town Hall ahead of a special Community, Recreation and Culture Committee meeting being held to consider repair options for the facility.More >>
Meridian earnings strong, but smelter deal cuts value
Mon, 12 Aug 2013 10:05:30 +1200 | BusinessDesk
Aug 12 (BusinessDesk) - Meridian Energy has turned in a strong 53 percent increase in underlying net profit after tax of $162.7 million, but has had to write down the total value of its assets by $476 million to reflect the lower power prices it will ...More >>
Landcorp 2013 profit probably higher than forecast
Fri, 9 Aug 2013 15:49:53 +1200 | BusinessDesk
Aug 9 (BusinessDesk) – Landcorp Farming, New Zealand’s biggest farmer, says earnings may be a smidgen higher than first budgeted after initially thinking it may only breakeven this year when drought hit milk production and livestock price.More >>
Coming up this week on The Nation: The Fonterra Crisis
Fri, 9 Aug 2013 14:34:54 +1200 | The Nation
Government ministers met Fonterra executives on Friday and left the meeting with news of a fourth inquiry into what happened with the whey protein contamination scare at the company's Hautapu plant.More >>
Martin Doyle cartoon: Never smelt better
Fri, 9 Aug 2013 13:40:18 +1200 | Martin Doyle
$30 mil is a gilt-edged sticking plaster over a festering smelter. Still, good work if you can get it. More >>
DEUN wants Government to look to the Future
Fri, 9 Aug 2013 12:49:13 +1200 | Domestic Energy Users Network
DEUN has labeled the $30 million subsidy to Tiwai Point as self-serving on the part of the present government. “Globally, the aluminium industry is in trouble with the slump in prices since the global financial crisis”, says Sarah Free, secretary ...More >>
Gordon Campbell on the smelter deal, Fonterra and Iran
Fri, 9 Aug 2013 10:40:39 +1200 | Gordon Campbell
Well, it does seem that about $30 million is the kind of pocket money that the government has readily at hand to throw at foreign corporates - at Warners over The Hobbit, and now at Rio Tinto over the Tiwai Point aluminium smelter.More >>
Bill English didn’t ask Rio for a jobs guarantee
Fri, 9 Aug 2013 10:10:36 +1200 | New Zealand Labour Party
Bill English never even bothered to ask Rio Tinto for a jobs guarantee and as the ink was drying on the $30 million cheque Rio was proposing to cut 30 jobs, showing this Government has been walked over yet again, says Labour’s SOEs spokesperson ...More >>
Joint report quantifies impact of injuries on Kiwis’ lives
Thu, 8 Aug 2013 16:14:24 +1200 | Accident Compensation Corporation
ACC and the Ministry of Health have today released a joint report which provides new insights into the impact of injuries, and how this compares with the health burden resulting from other health issues.More >>
New smelter power deal allows for faster closure
Thu, 8 Aug 2013 12:20:07 +1200 | BusinessDesk
Aug 8 (BusinessDesk) - The Tiwai Point aluminium smelter's major owner, Rio Tinto, has won the ability to close the plant more quickly than in the contracts it has managed to overturn in favour of a new deal announced today.More >>
National adds another $30 million to asset sales bill
Thu, 8 Aug 2013 10:38:17 +1200 | Green Party
National has forked over $30 million of public money to Rio Tinto to clear the way for its plan to sell down more public electricity assets, Green Party Co-leader Dr Russel Norman said today.More >>
NZAS signs new electricity agreement for Tiwai Point smelter
Thu, 8 Aug 2013 09:38:58 +1200 | New Zealand Aluminium Smelters
The immediate future of New Zealand’s Tiwai Point aluminium smelter has been secured through the signing of a long term electricity agreement. New Zealand Aluminium Smelters Ltd (NZAS), the company that operates the smelter, signed the deal with Meridian ...More >>
Tiwai Point smelter safe to Jan 2017 under new power deal
Thu, 8 Aug 2013 09:37:29 +1200 | BusinessDesk
Aug 8 (BusinessDesk) - Meridian Energy has had to give up previously negotiated price increases and the government has chipped in with a $30 million "incentive payment" to keep the Tiwai Point aluminium smelter open until at least January 2017.More >>
AsureQuality was not informed of contamination before MPI
Thu, 8 Aug 2013 09:04:01 +1200 | Ministry of Primary Industries
AsureQuality was not informed of the contamination of Fonterra’s whey protein concentrate on Thursday 1 August, as stated this afternoon by the Ministry for Primary Industries. More >>
Fonterra Contamination - Wednesday MPI Press Conference
Wed, 7 Aug 2013 17:11:17 +1200 | Hamish Cardwell
The Ministry of Primary Industries are confident they have identified the location of contaminated Fonterra dairy products.More >>
Defence of empty houses rings hollow
Tue, 6 Aug 2013 17:03:23 +1200 | New Zealand Labour Party
Housing Minister Nick Smith’s defence that 3700 vacant state houses is a very small number shows how out of touch he is with the desperate need for state housing, says Labour’s Housing spokesperson Phil Twyford.More >>
NZ Post joins NZC to develop next generation of cricketers
Tue, 6 Aug 2013 11:49:44 +1200 | New Zealand Post
New Zealand Post has been confirmed as the new sponsor of New Zealand Cricket's National Schools programme. The ActivePost National Schools Programme, as it will be known, will work with clubs, communities and schools to develop the next generation of cricketers ...More >>
