Latest State Owned Enterprises Headlines

Taxpayers robbed of $130m in Genesis sale

Thu, 17 Apr 2014 16:13:26 +1200 | New Zealand Labour Party

Kiwi taxpayers have been robbed of $130 million by the Government in its final failed asset sale, says Labour’s SOEs spokesperson Clayton Cosgrove. More >>

Genesis Energy soars on debut, other gen-taliers rise

Thu, 17 Apr 2014 14:41:27 +1200 | BusinessDesk

April 17 (BusinessDesk) – Shares in the partially privatised Genesis Energy soared 18 percent at their debut listing on the NZX this afternoon, buoying other listed energy companies in the process.More >>

National gives away a further $130 million on Genesis sale

Thu, 17 Apr 2014 14:06:58 +1200 | Green Party

National have sold New Zealanders short by significantly under-pricing Genesis Energy, Green Party Co-leader Dr Russel Norman said today. Genesis Energy shares immediately went up $0.26 (or 17 percent) on listing today, showing the market valued the company ...More >>

More buses and improved services for Green Bay, Titirangi

Thu, 17 Apr 2014 13:06:07 +1200 | Auckland Transport

Auckland Transport has released its decisions for the bus network in Green Bay, Blockhouse Bay, Wood Bay, French Bay, Tanekaha, Titirangi, Laingholm, Kaurilands and Glen Eden. More >>

Genesis shares stag 17% at listing, first trade at $1.81

Thu, 17 Apr 2014 13:04:39 +1200 | BusinessDesk

April 17 (BusinessDesk) – Shares in the partially privatised Genesis Energy debuted on the NZX this afternoon, rising 26 cents, or 17 percent, from their $1.55 issue price, to $1.81 in the first minutes of trading.More >>

Council’s plan for the provision of swimming pools

Thu, 17 Apr 2014 09:41:51 +1200 | Christchurch City Council

Christchurch City Council’s Community Committee yesterday, Tuesday 15 April 2014, received a draft review of the Aquatic Facilities Plan. Recreation and Sports Unit Manager, John Filsell, says the review covered the nature and condition of Council’s ...More >>

NZ government scales back larger applications for Genesis

Wed, 16 Apr 2014 15:22:42 +1200 | BusinessDesk

April 16 (BusinessDesk) - The government will progressively scale down applications for large shareholdings in Genesis Energy ahead of tomorrow’s listing after the final partial privatisation in the current programme attracted 68,000 investors.More >>

Genesis to list with third-largest share register

Wed, 16 Apr 2014 14:50:42 +1200 | New Zealand Government

Genesis Energy will have the third-largest New Zealand share register on the NZX when it lists tomorrow, Finance Minister Bill English and State Owned Enterprises Minister Tony Ryall say.More >>

Appointment to progress AgResearch campus hub plans

Wed, 16 Apr 2014 13:30:56 +1200 | AgResearch

New Zealand’s agricultural and food innovation hubs are one step closer to reality with the appointment of a leading project management firm. More >>

ACC’s Strategy to stop compensation using ACC 167 Form

Wed, 16 Apr 2014 12:50:32 +1200 | Acclaim Otago

On Radio NZ national’s morning report on 15 April 2014, ACC’s spokesperson Sid Miller denied the non-compliance was just a way for ACC to refuse people. More >>

Christchurch City Council wins Quality Swim School Award

Wed, 16 Apr 2014 12:18:05 +1200 | Christchurch City Council

The Christchurch City Council has won the Quality Swim School of the Year Award at the State Insurance Swimming New Zealand awards held in Auckland over the weekend. More >>

Gordon Campbell on the life & ACC work of Sir Owen Woodhouse

Wed, 16 Apr 2014 10:49:33 +1200 | Gordon Campbell

With the death of Sir Owen Woodhouse, the founding father of the Accident Compensation Scheme, New Zealand has lost one of the titans of its post-war social policy. In its original incarnation in the early 1970s, ACC had been a globally innovative “no ...More >>

What has ACC Minister been doing?

Tue, 15 Apr 2014 16:00:39 +1200 | Green Party

The ACC Minister needs to front up and explain what, if any, changes she has made to the broken culture of ACC rather than denying that she has any part to play in the dysfunction of her Ministry, the Green Party said today.More >>

Martin Doyle cartoon: Accidental forms of treatment

Tue, 15 Apr 2014 14:43:43 +1200 | Martin Doyle

The ACC itself is an accident waiting to happen. More >>

Labour’s latest dead end street

Tue, 15 Apr 2014 12:41:41 +1200 | New Zealand Government

Transport Minister Gerry Brownlee says today’s Labour policy announcements of cutting revenue currently being invested in safer, more productive transport infrastructure should worry the public on a number of levels.More >>

Solid Energy gearing stuck around 70% unless prices recover

Fri, 11 Apr 2014 12:47:31 +1200 | BusinessDesk

April 11 (BusinessDesk) – Solid Energy continues to forecast far higher levels of debt than sector peers and does not expect that to improve until international coal prices recover, Parliament’s commerce select committee says in a report on ...More >>

Hawkes Bay Power Outage - Update

Thu, 10 Apr 2014 17:36:30 +1200 | Transpower

Transpower advises that it is currently experiencing a power outage in the Hawkes Bay area affecting around 80,000 customers. More >>

Cut Your Losses on Interislander Ferry

Thu, 10 Apr 2014 13:24:37 +1200 | New Zealand First Party

Cut your losses, buy a new ferry and sack Gerry, New Zealand First Leader Rt Hon Winston Peters advised the Government today. “At the same time turf out the KiwiRail board and management,” says Mr Peters.More >>

Ferry Cover up Threatens Cook Strait Safety

Wed, 9 Apr 2014 15:01:14 +1200 | New Zealand First Party

Rt Hon Winston Peters has revealed another Cook Strait ferry issue and has called on Transport Minister Gerry Brownlee to stop KiwiRail running an unsafe ferry operation. More >>

Crown Irrigation announces first investment

Wed, 9 Apr 2014 14:49:37 +1200 | Crown Irrigation

Crown Irrigation Investments Limited (Crown Irrigation) has agreed the draft terms of a $6.5 million investment in the Central Plains Water scheme. More >>


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