Latest State Owned Enterprises Headlines

Phil Twyford changes his tune over KiwiFail. Again.

Wed, 23 May 2018 17:22:26 +1200 | New Zealand Government

Housing Minister Phil Twyford confirmed three days ago that no income limits will be applied to prospective KiwiBuild buyers but today, under questioning, he said he had not yet decided about that, National’s Housing spokesperson Judith Collins ...More >>

Major Electricity Industry Event Returns to Auckland

Wed, 23 May 2018 11:20:02 +1200 | Electricity Engineers' Association

The annual conference and exhibition for the electricity supply industry is returning to Auckland after three years in Wellington. The EEA 2018 programme is focused on the three key pillars of the electricity industry; engineering, technology and innovation.More >>

Weighty funding gain for NZ metrology service

Tue, 22 May 2018 17:09:07 +1200 | New Zealand Government

Research, Science and Innovation Minister Megan Woods today announced a significant investment in New Zealand’s Measurement Standards Laboratory, as the organisation celebrates World Metrology Day.More >>

Govt's electric train promise now off the rails - union

Thu, 10 May 2018 16:54:49 +1200 | RNZ

The railway union is accusing the government of breaking a pre-election promise to stop the removal of electric trains from the North Island's main trunk line. More >>

New Board Members announced for Pāmu

Fri, 27 Apr 2018 17:07:15 +1200 | Landcorp

Landcorp Farming Ltd’s (Pāmu) shareholding ministers have made three appointments to the board to replace Chairman Traci Houpapa and Directors Nikki Davies-Colley, Pauline Lockett and Eric Roy, whose appointment terms have ended.More >>

Reappointments to TVNZ and RNZ Boards

Fri, 27 Apr 2018 13:24:03 +1200 | New Zealand Government

Hon Clare Curran Minister of Broadcasting, Communications and Digital Media 27 April 2018 MEDIA STATEMENT Reappointments to TVNZ and RNZ Boards Broadcasting, Communications and Digital Media Minister Clare Curran has announced reappointments to the Boards ...More >>

State sector reform may undermine governance

Fri, 20 Apr 2018 10:53:06 +1200 | Institute Of Directors

State sector reform may undermine governance in Crown entities, warns Institute of Directors Embargoed until 5am, Friday 20 April 2018 The Institute of Directors (IoD) warns proposed state sector reforms may undermine good governance in Crown ...More >>

Transpower releases 2017/18 Interim Report

Wed, 11 Apr 2018 16:58:57 +1200 | Transpower

Transpower New Zealand today released its Interim Report and Review for the 2017/18 financial year. More >>

Watch: Simon Bridges on Middlemore Hospital problems

Tue, 3 Apr 2018 11:53:57 +1200 | RNZ

National Party leader Simon Bridges is refusing to accept responsibility for infrastructure problems at Middlemore Hospital that came to light under its watch. More >>

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 >>


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