Latest State Owned Enterprises Headlines

Another renewable energy record broken

Thu, 29 Sep 2016 12:52:01 +1300 | New Zealand Government

The proportion of renewable energy used in New Zealand continues to reach record levels, Energy and Resources Minister Simon Bridges says. The finding was released today in the annual Energy in New Zealand report, which highlights key trends in ...More >>

David Hay makes Broadcasting Standards complaint to Radio NZ

Fri, 23 Sep 2016 13:34:32 +1200 | David Hay

Auckland Mayoral candidate David Hay submitted a broadcasting standards complaint to Radio New Zealand today, regarding its coverage of the Auckland mayoral race on its flagship current affairs programmes: Morning Report and Checkpoint.More >>

Govt Should ‘Scrap Proposed Power Increases’

Wed, 21 Sep 2016 16:55:56 +1200 | New Zealand First Party

New Zealand First says the government should call a halt now to power pricing proposals that will mean higher bills for hundreds of thousands of Kiwis, both households and businesses.More >>

Poor Quality Locomotives Will Cripple Kiwirail in Future

Sun, 18 Sep 2016 22:41:00 +1200 | New Zealand First Party

Poor Quality Locomotives Will Cripple Kiwirail in Future New Zealand First is opposed to KiwiRail replacing its North Island electric-powered trains with diesel locomotives from China – it’s a dinosaur decision. “Importing more lower-cost DL-class ...More >>

Questions Surround Landcorp Farm Sales

Wed, 14 Sep 2016 17:35:33 +1200 | New Zealand First Party

New Zealand First wants reassurance that the sale of nine Landcorp farms is not a forerunner to another state asset sale. More >>

Dumping tobacco industry investments

Tue, 13 Sep 2016 17:00:56 +1200 | Hapai Te Hauora

Hāpai Te Hauora, the voice of Tobacco Control in New Zealand are pleased with the investment dump of at least $109 million in controversial tobacco industry and weapons investments following a Herald investigation into responsible investment policies. ...More >>

Ferry Mishaps of Own Making

Tue, 13 Sep 2016 16:32:58 +1200 | New Zealand First Party

KiwiRail can offer as many excuses as it likes for the ferry Aratere’s constant breakdowns, but it is of management’s own making, says New Zealand First Leader and Northland MP Rt Hon Winston Peters.More >>

Q and A: Chief executive of Landcorp, Steven Carden

Sun, 11 Sep 2016 15:50:39 +1200 | TVNZ

Producing More And More Milk Not New Zealand’s Future: Landcorp Head The chief executive of Landcorp, Steven Carden, on TV One’s Q+A programme says the business is reviewing all land conversions and looking for alternate uses for land that are ...More >>

Ultrafast Fibre moves to WEL Networks ownership

Wed, 7 Sep 2016 13:12:05 +1200 | Ultrafast Fibre Ltd

Ultrafast Fibre Limited (Ultrafast Fibre) says it fully supports today’s announcement from Communications Minister Amy Adams, that WEL Networks Limited (WEL) will purchase all of the Government’s shares in Ultrafast Fibre.More >>

Waikato Networks buys out Crown's holding in Ultrafast Fibre

Wed, 7 Sep 2016 13:07:23 +1200 | BusinessDesk

Sept. 7 (BusinessDesk) - A WEL Networks subsidiary has bought the government's majority shareholding in Ultrafast Fibre for $189 million, giving WEL and its strategic partner Waipa Networks 100 percent ownership of the central North Island's fibre company.More >>

Winners of Wellington Science Fair Announced

Fri, 2 Sep 2016 12:45:21 +1200 | NIWA

The 2016 NIWA Wellington Regional Science and Technology Fair has again been a resounding success, with more than 500 intermediate and secondary school students taking part. More >>

TVNZ completes building refurbishment

Fri, 2 Sep 2016 11:40:54 +1200 | Television New Zealand

TVNZ completes building refurbishment TVNZ says its refurbished Auckland building and recently upgraded technology has set up the business to deliver the moments that matter to New Zealanders for years to come.More >>

Fairway Resolution Ltd board appointment

Thu, 1 Sep 2016 13:14:05 +1200 | New Zealand Government

ACC Minister Nikki Kaye today announced the appointment of Rachel Farrant to the board of Crown company Fairway Resolution Ltd, effective from 1 September 2016. More >>

Last Train on Line Shows National Failing Northland

Thu, 1 Sep 2016 09:12:55 +1200 | New Zealand First Party

The National government must take the blame for the closing of KiwiRail’s Kauri-Otiria line today, further restricting economic development in Northland, says More >>

Memorandum of Understanding between RNZ and Māori Network

Wed, 31 Aug 2016 13:17:54 +1200 | Radio New Zealand

MEMORANDUM OF UNDERSTANDING SIGNED BETWEEN RNZ AND TE WHAKARURUHAU O NGĀ REO IRIRANGI MĀORI More >>

Change of leadership at NZ Post

Mon, 29 Aug 2016 11:41:58 +1200 | New Zealand Post

The Board of the New Zealand Post Group has announced that Chief Executive Brian Roche will leave the business early next year. More >>

Brian Roche to step down as NZ Post CEO

Mon, 29 Aug 2016 11:22:15 +1200 | BusinessDesk

Brian Roche to step down as NZ Post CEO having led adaptation to shrinking mail volumes More >>

Air NZ shares edge up as earnings outlook hangs over profit

Fri, 26 Aug 2016 13:13:39 +1200 | BusinessDesk

Aug. 26 (BusinessDesk) - Air New Zealand’s shares have bounced around in sharemarket trading today despite reporting record full-year earnings as the country's largest airline warned of an earnings drop ahead due to growth in international carriers ...More >>

New Zealand Post Group reports net profit of $141m

Fri, 26 Aug 2016 12:13:27 +1200 | New Zealand Post

The New Zealand Post Group has reported a net profit after tax (NPAT) of $141 million for the year ended June 2016 confirming a steady year-on-year financial performance for the Group overall.More >>

Tough second-half hurts NZ Post and Kiwibank

Fri, 26 Aug 2016 11:57:27 +1200 | BusinessDesk

Aug. 26 (BusinessDesk) - State-owned New Zealand Post and its banking subsidiary Kiwibank both reported reduced profits after tax for the year to June 30, with NZ Post's result bolstered by one-off benefits from an Australian asset sale and Kiwibank ...More >>

 

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