Latest State Owned Enterprises Headlines

Mighty River Power appoints GM Digital Services

Thu, 5 May 2016 13:40:14 +1200 | Mighty River Power

Mighty River Power today announced the appointment of Kevin Angland to the position of GM Digital Services. More >>

Air NZ sees headwinds from competition

Tue, 3 May 2016 09:49:34 +1200 | BusinessDesk

May 3 (BusinessDesk) - Air New Zealand says its 2017 earnings won't match the $800 million it has forecast for 2016 as the airline faces increased competition and gets less benefit from foreign exchange hedging.More >>

Decision to keep Huntly operating in NZ's best interest

Thu, 28 Apr 2016 17:22:06 +1200 | NZCID

“The announcement today that Genesis will retain the strategic electricity reserve at Huntly may not please everyone, but the importance of ensuring a stable electricity supply close to demand centres is paramount,” says Stephen Selwood of the New Zealand ...More >>

Gordon Campbell on Kiwirail’s latest stint in the dogbox

Wed, 27 Apr 2016 10:58:40 +1200 | Gordon Campbell

The denigration of Kiwirail continues. The latest review (based on a 2014 assessment) of the options facing the company have enabled Kiwirail to be hung out to dry once again as a liability and burden on the taxpayer .More >>

Mainfreight director agrees with Labour on rail funding

Wed, 27 Apr 2016 10:17:17 +1200 | New Zealand Labour Party

David Parker Labour List MP SOEs Spokesperson MEDIA STATEMENT 27 April 2016 Mainfreight director agrees with Labour on rail funding Richard Prebble – in the past accused of ruining rail and now a director of Mainfreight – agrees with Labour that secure ...More >>

KiwiRail seeks 4 years' funding under 'value of rail' accord

Wed, 27 Apr 2016 06:51:22 +1200 | BusinessDesk

April 26 (BusinessDesk) - KiwiRail is starting negotiations for a new funding package it hopes will run from 2017 to 2020 and is looking for a small number of rail upgrade projects that will demonstrate that there is a "value of rail" to New Zealand ...More >>

Department of Conservation wins Randstad Award

Fri, 15 Apr 2016 11:10:26 +1200 | Randstad

Auckland, 14 April 2016 The Department of Conservation (DOC) has again received the top accolade for the Most Attractive Employer at the annual Randstad Award held at Seafarers in Auckland this evening. More >>

“Huntly must close” in wake of coal company bankruptcy

Thu, 14 Apr 2016 12:45:56 +1200 | Greenpeace New Zealand

Thursday, April 14: The pressure is mounting for New Zealand’s last coal fired power-plant, Huntly, to close its two remaining coal units in the wake of news that the world’s largest private sector coal company has just filed for bankruptcy.More >>

EOIs sought for Council’s pensioner housing stock

Thu, 14 Apr 2016 11:27:21 +1200 | Horowhenua District Council

Expressions of interest will be sought from Community Housing Providers keen to purchase Horowhenua District Council’s 115 pensioner housing units. More >>

Questions and Answers - 6th April 2016

Sat, 9 Apr 2016 02:08:32 +1200 | Office of the Clerk

More >>

Return of the Empire by stealth

Wed, 6 Apr 2016 14:51:31 +1200 | Association of Salaried Medical Specialists

“It is increasingly difficult to avoid the conclusion that the Government is returning to the market approach to health that was tried and failed in the 1990s,” says Ian Powell, Executive Director of the Association of Salaried Medical Specialists ...More >>

Greens Incorrect Says Cullen

Wed, 6 Apr 2016 12:36:36 +1200 | New Zealand Post

New Zealand Post Board Chair Sir Michael Cullen said today that the Greens are completely incorrect to say the Government can direct Kiwibank. More >>

Kiwibank Non-Sale a Missed Opportunity

Wed, 6 Apr 2016 11:20:42 +1200 | New Zealand Taxpayers' Union

The Taxpayers’ Union says that the partial sale of Kiwibank to the NZ Super Fund and ACC is a missed opportunity for the Government to get the potential liability of a Kiwibank failure off its books. Jordan Williams, the Union’s Executive Director, ...More >>

National Party needs to get some guts on Kiwibank

Wed, 6 Apr 2016 11:08:31 +1200 | ACT New Zealand

“This odd in-house partial privatisation is just reshuffling deck chairs,” says ACT Leader David Seymour. “The New Zealand taxpayer will still bear all the risks of investing in a bank.More >>

Stronger circle of Crown owners proposed for Kiwibank

Wed, 6 Apr 2016 10:43:17 +1200 | New Zealand Post

The Crown’s two major investment funds, the New Zealand Superannuation Fund and the Accident Compensation Corporation (ACC), may soon join New Zealand Post as the owners of Kiwi Group Holdings (KGH) Limited. More >>

Kiwibank to remain 100 per cent Govt owned

Wed, 6 Apr 2016 10:39:04 +1200 | New Zealand Government

NZ Post’s proposal for the Accident Compensation Corporation (ACC) and the NZ Super Fund (NZSF) to purchase part of Kiwibank will ensure the bank remains wholly owned by the Government, Ministers Bill English and Todd McClay say. Kiwibank is currently ...More >>

Minister must stop prison privatisation failure

Mon, 4 Apr 2016 13:08:49 +1200 | New Zealand Labour Party

Kelvin Davis MP for Te Tai Tokerau Spokesperson for Corrections MEDIA STATEMENT 4 April 2016 Minister must stop prison privatisation failure The Government’s announcement that Serco will pay back some of the profits made from mismanaging our prisons is ...More >>

Greens will repurpose Kiwibank

Mon, 4 Apr 2016 10:15:48 +1200 | Green Party

The Green Party will strengthen Kiwibank so that it can compete with the big four foreign owned banks leading to better interest rates, the Green Party said today. More >>

Auckland’s Tāmaki housing transfer confirmed

Thu, 31 Mar 2016 15:31:32 +1300 | New Zealand Government

The transfer of ownership of thousands of houses today marks a significant step in regenerating the Tāmaki area and improving the stock of social and affordable housing in Auckland, Ministers Bill English and Dr Nick Smith say.More >>

Union blindsided by latest NZ Post job cuts

Tue, 29 Mar 2016 16:06:38 +1300 | BusinessDesk

March 29 (BusinessDesk) - The union representing some of the 500 New Zealand Post Group workers losing their jobs in the latest round of retrenchments says it got no notice of the cuts but expects there will be more to come as the state-owned postal ...More >>

 

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