Latest State Owned Enterprises Headlines

Air NZ's Carter defends airline's independence

Tue, 20 Mar 2018 19:16:53 +1300 | BusinessDesk

Air NZ's Carter defends airline's independence after Shane Jones laments axing of routes More >>

Public submissions open on the State Sector Reform Bill

Fri, 9 Mar 2018 15:14:28 +1300 | Office of the Clerk

The Governance and Administration Committee has opened for public submissions on the State Sector and Crown Entities Reform Bill. The broad policy of the bill is to provide for greater integration and accountability of the State services. This ...More >>

TVNZ beats full-year earnings targets in first six months

Wed, 28 Feb 2018 13:06:00 +1300 | BusinessDesk

Feb. 28 (BusinessDesk) - State-owned broadcaster Television New Zealand reported a 17 percent improvement in operating earnings for the six months to Dec. 31. More >>

Transpower seeks up to $125 mln in new bond

Mon, 26 Feb 2018 17:12:43 +1300 | BusinessDesk

Feb. 26 (BusinessDesk) - State-owned national grid operator Transpower is seeking up to $125 million through the sale of a new bond ahead of a $325 million maturity later this year. More >>

NZ Post pays $2.5M interim dividend issues warning

Fri, 23 Feb 2018 13:46:52 +1300 | BusinessDesk

NZ Post pays $2.5M interim dividend while warning year-end targets will be 'challenging' More >>

KiwiRail working hard to get freight moving again

Thu, 22 Feb 2018 18:23:57 +1300 | KiwiRail

KiwiRail is working alongside NZTA as quickly as possible to re-open the rail line and State Highway between Blenheim and Christchurch after it was hit by the sting of Cyclone Gita.More >>

UPDATE: Air NZ posts 7.4% decline in 1H pretax profit

Thu, 22 Feb 2018 13:08:51 +1300 | BusinessDesk

UPDATE: Air NZ posts 7.4% decline in 1H pretax profit as fuel prices bite More >>

Extended Tekapo hydro outage a 'crying shame'

Wed, 21 Feb 2018 20:32:26 +1300 | BusinessDesk

Feb. 21 (BusinessDesk) - Genesis Energy has been forced to extend its outage at the Tekapo-B hydro power station until June, cutting off a supply of water that would otherwise run through three of Meridian Energy's hydro power stations on the multi-station ...More >>

KiwiRail operating earnings rise despite Kaikoura outage

Tue, 20 Feb 2018 18:27:36 +1300 | BusinessDesk

Feb. 20 (BusinessDesk) - Disruption to South Island rail services caused by the November 2016 Kaikoura earthquake masked a continuation in improved operating earnings from state-owned railway operator KiwiRail in the six months to Dec. 31.More >>

Strong Half Year result despite challenges

Tue, 20 Feb 2018 12:38:57 +1300 | KiwiRail

KiwiRail has posted a positive half year result with an operating surplus 39% ahead of the previous year, despite a challenging six months. More >>

Kordia boosts media and broadcast division

Wed, 7 Feb 2018 13:06:36 +1300 | Kordia

Kordia New Zealand, a leading provider of mission-critical technology solutions, has initiated a revamp of its media and broadcast division, including its leadership, as the company seeks to maximise on growing opportunities in the media space.More >>

Meridian signs deals with Tilt, Total Eren

Thu, 1 Feb 2018 19:04:52 +1300 | BusinessDesk

Feb. 1 (BusinessDesk) - Meridian Energy has inked three new supply contracts in Australia giving the owner of the Powershop energy retailer more renewables supply from wind farms and a solar farm.More >>

Remarks to the Transport and Infrastructure Select Committee

Thu, 1 Feb 2018 12:55:06 +1300 | Solid Energy NZ


New Callaghan Board Chair appointed

Wed, 31 Jan 2018 16:21:00 +1300 | New Zealand Government

Research, Science and Innovation Minister Megan Woods today has announced that Pete Hodgson has been appointed as the new Chair of the Callaghan Innovation Board. More >>

Action to stop the closure of Newtown Post shop/Kiwibank

Thu, 25 Jan 2018 16:42:51 +1300 | Amanda Barber

Outraged residents of Newtown have launched a petition which implores State-Owned Enterprises Minister, Winston Peters, to save the combined Newtown Post Shop branch and Kiwibank, and to convert NZ post back to a government agency that provides services.More >>

Chorus connections fall, data usage expected to grow in 2018

Thu, 18 Jan 2018 14:54:23 +1300 | BusinessDesk

Jan. 18 (BusinessDesk) - Chorus lost 23,000 fixed-line connections in the final three months of 2017, shedding lines at the same pace as the September quarter when it embarked on a marketing campaign extolling the virtues of fixed-line service. More >>

Open access to weather data review released

Fri, 12 Jan 2018 15:37:27 +1300 | Ministry of Business Innovation and Employment

The Ministry of Business, Innovation and Employment has released the report Weather Permitting: Review of open access to weather data in New Zealand ( Weather Permitting ).More >>

Genesis generator fault won't hit FY18 guidance

Thu, 21 Dec 2017 12:44:34 +1300 | BusinessDesk

Dec. 21 (BusinessDesk) - One of Genesis Energy's three generators in Tekapo suffered a fault last month and won't return to full capacity until early March, though the company hasn't altered full-year guidance.More >>

Contact Energy to sell AGS to Gas Services New Zealand

Thu, 21 Dec 2017 10:28:15 +1300 | Contact Energy

Contact Energy Limited (Contact) has announced the sale of its Ahuroa Gas Storage facility (AGS) to Gas Services New Zealand (GSNZ) for NZ$200 million, while retaining the rights to use the facility to meet its future needs.More >>

Top-End Pay for Chief Executives Not Sustainable

Wed, 13 Dec 2017 11:13:22 +1300 | State Services Commission

State Services Commissioner Peter Hughes has today published the State Services Commission’s Senior Pay Report for the 2016/17 financial year. More >>


Featured InfoPages