Latest State Owned Enterprises Headlines

MP delighted about Capital Connection announcement

Tue, 30 Jun 2015 17:31:20 +1200 | New Zealand National Party

Today KiwiRail announced that it will keep the Capital Connection running for the next three years following a funding contribution by Horizons Regional Council and Greater Wellington Regional Council.More >>

Capital Connection to keep running for three more years

Tue, 30 Jun 2015 17:25:28 +1200 | Joint Media Statement

KiwiRail announced today that it will keep the Capital Connection running for the next three years following a funding contribution by Horizons Regional Council and Greater Wellington Regional Council.More >>

Appointments to REANNZ and Science Board

Mon, 29 Jun 2015 17:15:02 +1200 | New Zealand Government

Science and Innovation Minister Steven Joyce today announced a number of board appointments and reappointments. More >>

Govt must reveal details on state homes

Mon, 29 Jun 2015 11:06:52 +1200 | Green Party

Govt must reveal details on how many new state homes will be built as a result of sell-off The Green Party is today challenging the Government to tell New Zealanders how many new state houses will be created by its sell-off of our current state housing ...More >>

Genesis to retire stored coal unit

Mon, 29 Jun 2015 10:53:48 +1200 | BusinessDesk

June 29 (BusinessDesk) - Genesis Energy, the country's biggest energy retailer, will permanently retire a coal/gas fired unit at the Huntly Power Station which has been in storage as renewable and thermal generation provide more than enough electricity ...More >>

Landcorp sees NZ dairy conversion rate slowing

Wed, 24 Jun 2015 09:43:57 +1200 | BusinessDesk

June 24 (BusinessDesk) - Landcorp Farming, which has almost tripled its milk production over the past decade, expects the rate of dairy expansion will slow as environmental restrictions, and higher land and labour costs make it less viable.More >>

Airways Network Failure

Tue, 23 Jun 2015 16:25:50 +1200 | Airways New Zealand

An internal network failure occurred at approximately 14.41 today. Airways immediately suspended all flights while we investigated the issue and until we could be satisfied that we could operate safely. We have now identified the issue and thoroughly tested ...More >>

UPDATE: Air NZ sells Safe Air subsidiary to Airbus

Mon, 22 Jun 2015 14:52:33 +1200 | BusinessDesk

June 22 (BusinessDesk) - Air New Zealand said it wasn’t expecting any job losses as a result of the sale of its Safe Air engineering subsidiary to European aerospace giant Airbus Group.More >>

Analysts divided on Jetstar impact on Air NZ's earnings

Fri, 19 Jun 2015 17:17:43 +1200 | BusinessDesk

Analysts divided on impact on Air NZ's earnings of Jetstar's regional routes challenge More >>

Landcorp says 2015 earnings 'on track' despite weaker dairy

Fri, 19 Jun 2015 16:54:38 +1200 | BusinessDesk

June 19 (BusinessDesk) - Landcorp Farming, New Zealand's largest corporate farmer, said it doesn't need to downgrade its earnings outlook in the wake of falling dairy prices remain weak, as it sheltered from volatility by locking in a guaranteed price ...More >>

Air NZ 'ready for a fight' with Jetstar on regional routes

Thu, 18 Jun 2015 17:52:37 +1200 | BusinessDesk

Air New Zealand 'ready for a fight' with Jetstar on New Zealand's regional routes More >>

Key says Kiwis, tourists will benefit from Jetstar expansion

Thu, 18 Jun 2015 16:24:02 +1200 | BusinessDesk

June 18 (BusinessDesk) - Prime Minister John Key said regional New Zealanders will be cheering wildly at the news Jetstar will expand from flying main trunk routes into regional ones by the end of the year, ending Air New Zealand’s stranglehold ...More >>

Air NZ shares sink to 7-month low on Jetstar expansion plans

Thu, 18 Jun 2015 11:41:43 +1200 | BusinessDesk

June 18 (BusinessDesk) - Air New Zealand shares sank to their lowest level since November last year ahead of an announcement from Qantas Airways' budget subsidiary Jetstar that it plans to expand its local offering.More >>

NZ Post considers sale of Coverga unit in Australia

Mon, 15 Jun 2015 14:11:21 +1200 | BusinessDesk

June 15 (BusinessDesk) - New Zealand Post is considering the sale of its mail and record management outsourcing unit, Converga, and has hired 333 Capital to help with the potential exit of its last peripheral Australian business.More >>

State rental housing milked for dividends while tenants die

Wed, 10 Jun 2015 09:28:25 +1200 | State Housing Action

State house tenants are dying from cold, damp Housing New Zealand homes while the government milks families for dividends. More >>

Budget 2015 Increases The Cost of Corporate Welfare

Tue, 9 Jun 2015 09:54:24 +1200 | New Zealand Taxpayers' Union

Corporate welfare will cost the average New Zealand household more than $750 this year according to a new report published by the Taxpayers’ Union . The report, entitled Any new kids at the trough? collates all of the corporate welfare in Budget ...More >>

Dalziel’s budget plan still sells Christchurch assets

Sat, 6 Jun 2015 10:29:02 +1200 | Green Party

Lianne Dalziel’s budget plan, announced today, will see Christchurch’s profitable assets sold in three years, said the Green Party. More >>

Mihingarangi Forbes Joins Radio New Zealand

Fri, 5 Jun 2015 16:10:43 +1200 | Radio New Zealand

The international award winning Māori broadcaster Mihingarangi Forbes (Ngāti Maniapoto, Ngāti Paoa) is to join Radio New Zealand as Specialist Correspondent, Māori Affairs. More >>

Put fluoride back in New Plymouth’s water

Wed, 3 Jun 2015 23:27:42 +1200 | Taranaki District Health Board

Putting fluoride back into New Plymouth’s water supply is the most safe, effective and affordable way to prevent tooth decay said Rosemary Clements, Taranaki DHB’s Acting CE to Councillors this afternoon at the hearing of NPDC Long Term Plan submissions. ...More >>

Runway extension gets 10-Year Plan backing

Wed, 27 May 2015 17:07:08 +1200 | Wellington City Council

Runway extension gets 10-Year Plan backing Further work on the proposal to extend Wellington Airport’s runway has been given the go-ahead by Wellington City Councillors deliberating on the Council’s 10-Year Plan. A majority of Councillors approved ...More >>

 

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