Latest State Owned Enterprises Headlines

Transpower result highlights disquiet over sector profits

Sun, 2 Sep 2018 21:06:59 +1200 | NZ Energy and Environment Business Week

Transpower’s annual results for 2017/18 again highlight how much the Government is one of the main beneficiaries from profits in the electricity sector. The results show a net profit of $206 million and a dividend to the Government of $165 million.More >>

Pāmu lifts operating profits

Thu, 30 Aug 2018 11:19:52 +1200 | Landcorp

Pāmu lifts operating profits despite challenging climatic conditions 30 August 2018, Wellington, New Zealand - Pāmu (Landcorp Faming Limited) has announced EBITDAR (Earnings Before Interest, Taxes, Depreciation, Amortization, and Revaluations) of ...More >>

KiwiRail pay hike favours lowest paid workers

Mon, 27 Aug 2018 18:45:44 +1200 | BusinessDesk

Aug. 27 (BusinessDesk) - KiwiRail Holdings will increase pay for 2,319 Rail and Maritime Transport Union members by the same amount, meaning the lowest paid get the biggest increase. More >>

Landmark Pay Deal Struck at Kiwirail

Mon, 27 Aug 2018 13:40:49 +1200 | KiwiRail

The Rail and Maritime Transport Union and KiwiRail have today signed a landmark pay deal which will see a flat rate of higher pay applied across all 2319 of its members, rather than the usual percentage increase for workers.More >>

KiwiRail loss widens in 2018 on further writedowns

Fri, 24 Aug 2018 19:17:06 +1200 | BusinessDesk

Aug. 24 (BusinessDesk) - KiwiRail, the state-owned rail and freight operator, widened its loss in 2018 with further writedowns to its rail network, even as revenue and underlying earnings gained. More >>

Second highest profit in Air New Zealand’s history

Thu, 23 Aug 2018 12:00:27 +1200 | Air New Zealand

Second highest profit in Air New Zealand’s history enables reinvestment in customer experience and staff bonuses More >>

State Sector Productivity: the missing keys

Fri, 17 Aug 2018 11:39:23 +1200 | Productivity Commission

Higher state sector productivity is critical to delivering more and better public services now and into the future, yet many government agencies lack the cultures, capability and encouragement to make these gains, says the Productivity Commission ...More >>

New KiwiRail Chair appointed

Wed, 8 Aug 2018 16:04:10 +1200 | New Zealand Government

Greg Miller has been appointed to chair the KiwiRail board, Minister for State Owned Enterprises Winston Peters and Minister of Finance Grant Robertson announced today. More >>

RNZ CEO Heads International Public Media Alliance

Thu, 2 Aug 2018 13:26:02 +1200 | RNZ

RNZ CEO, Paul Thompson, has been re-elected as president of the Public Media Alliance (PMA), the largest global association of public service broadcasters representing 2.5 billion people in 54 countries. More >>

Coastal Pacific train service to return from December

Wed, 1 Aug 2018 09:59:02 +1200 | KiwiRail

KiwiRail’s iconic Coastal Pacific scenic journey will roll again between Picton and Christchurch from December 1 this year, two years after the service was put on hold because of the devastating Kaikoura earthquake.More >>

Acting PM's Presser: RBNZ, Police Inquiry, Twitter Affairs

Mon, 23 Jul 2018 17:33:58 +1200 | The Scoop Team

At today's post-cabinet press conference Acting Prime Minister Winston Peters announced the introduction of legislation to amend the Reserve Bank Act. It will require consideration of employment as well as inflation when setting the base interest rate. The rate ...More >>

Pāmu updates full year EBITDAR forecast

Thu, 19 Jul 2018 17:16:18 +1200 | Pamu Farms

Landcorp Faming Limited (Pāmu) has released an updated EBITDAR (Earnings before Interest, Taxes, Depreciation, Amortization and Revaluations) forecast for the 2017/18 financial year.More >>

Mercury’s Waikato hydro pumps out most power since 1996

Wed, 18 Jul 2018 15:35:49 +1200 | BusinessDesk

July 18 (BusinessDesk) - Production from the Waikato hydro scheme reached a 22-year high in the June year just ended. More >>

Board announces search for new Chief Executive

Mon, 16 Jul 2018 13:35:04 +1200 | KiwiRail

The KiwiRail Board has today announced Chief Executive Peter Reidy will leave the State Owned Enterprise after four years in the role. More >>

Jobs on the line at Te Papa, document leak reveals

Mon, 16 Jul 2018 10:59:30 +1200 | RNZ

Staff at Te Papa say they have been left in the dark as to why the national museum's being restructured again. More >>

Transpower deploys robots in pilot programme

Thu, 12 Jul 2018 18:21:48 +1200 | Transpower

Embracing innovative technology in its work on the National Grid, Transpower is looking to robots to help deliver quicker restoration times in remote locations, and save consumers money in the process. Transpower’s robot pilot programme is now underway ...More >>

Acting Prime Minister Winston Peters bites over fake meat bu

Thu, 5 Jul 2018 13:37:10 +1200 | RNZ

Politicians have beef with Air New Zealand over its promotion of a meat substitute 'Impossible Burger.' More >>

The power of government in NZ electricity industry

Wed, 20 Jun 2018 12:25:42 +1200 | Whiteboard Energy

The power of the state: New documentary explores the power of government in NZ electricity industry More >>

Wide range of EQC reforms to speed up claims

Wed, 6 Jun 2018 13:09:05 +1200 | New Zealand Government

The Government has received a report outlining the need for a wide range of reforms to speed up the resolution of outstanding EQC claims, says EQC Minister Megan Woods. More >>

Napier–Wairoa Rail A Win On All Fronts

Wed, 6 Jun 2018 09:50:02 +1200 | New Zealand Government

The first work train in six years on the Napier-Wairoa rail line is a win-win-win milestone for the greater Hawke’s Bay, says Associate Minister for Forestry, Meka Whaitiri.More >>


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