Latest State Owned Enterprises Headlines

New host of Police Ten 7 announced

Mon, 15 Sep 2014 17:24:57 +1200 | Television New Zealand

New host of Police Ten 7 announced MONDAY 15TH SEPTEMBER One of New Zealand’s top rating shows has a new host. After an in-depth search, Detective Sergeant Rob Lemoto has been named Police Ten 7’s new front man.More >>

More oil company subsidies, power price increases under Nats

Mon, 15 Sep 2014 14:13:15 +1200 | Green Party

Power prices are set to rise further under National along with our carbon emissions, as outlined in its Energy and Resources policy announced this morning, the Green Party said today.More >>

TVNZ's massive spring line-up - fresh from the US

Mon, 15 Sep 2014 14:05:43 +1200 | Television New Zealand

Starting this month, exciting new releases and returning favourites will hit TVNZ screens faster than ever before – in some cases within hours of going to air in the US.More >>

Survey shows television without adverts could be vote winner

Mon, 15 Sep 2014 11:37:51 +1200 | Coalition for Better Broadcasting

Survey shows television without adverts could be a vote winner Television news focuses too much on politicians' personalities and not enough on the real issues, according to a UMR survey commissioned by the Coalition for Better Broadcasting.More >>

Wellington Water Confirmed as Three Waters’ Company

Fri, 12 Sep 2014 16:34:54 +1200 | Capacity Infrastructure Services

Representatives of the Greater Wellington Regional Council and Hutt, Porirua, Upper Hutt and Wellington city councils yesterday agreed that Wellington Water would be the name of the newly created company to manage water services for the four cities.More >>

Research aims to further improve health and safety in NZ

Tue, 9 Sep 2014 10:35:37 +1200 | University of Canterbury

A University of Canterbury project is seeking to find out why health and safety on New Zealand construction sites is improving and how improvements can be maintained. More >>

Capital eyes upgrades to a range of public assets

Mon, 8 Sep 2014 17:16:55 +1200 | Wellington City Council

Reprioritising $15.3 million capital investment in publicly-owned Wellington City Council projects, ranging from street upgrades to proposals to upgrade the Zoo, the Cable Car, the Basin Reserve and the Museum of City and Sea, are to be discussed ...More >>

Te Kaea and Native Affairs live to fight another day

Mon, 8 Sep 2014 16:53:50 +1200 | Mana Movement

“I understand that both the chair of the Board of Maori Television, Georgina Te Heuheu, and new CEO, Paora Maxwell, are now saying that my comments this morning about their plans to cut Te Kaea and Native Affairs, were wrong, and that nobody ...More >>

AsureQuality profit beats guidance on higher testing volumes

Thu, 4 Sep 2014 15:56:46 +1200 | BusinessDesk

Sept. 4 (BusinessDesk) - AsureQuality, the state-owned food testing company formed by the 2007 merger of Asure New Zealand and AgriQuality, beat forecast profit by 64 percent on higher testing volumes across its laboratories.More >>

Kordia turns to a loss in 2014

Wed, 3 Sep 2014 14:35:35 +1200 | BusinessDesk

Kordia turns to a loss on difficult trading in Australia, end of NZ analogue revenue More >>

SFO charges MightyRiverPower engineer with $2 mln fraud

Tue, 2 Sep 2014 14:56:34 +1200 | BusinessDesk

Sept. 2 (BusinessDesk) - The Serious Fraud Office has charged a MightyRiverPower engineer of fraudulently issuing invoices totalling $2 million. More >>

KiwiRail; another year older and deeper in debt

Mon, 1 Sep 2014 16:49:59 +1200 | New Zealand Alliance Party

That is a lot of money and there are lessons that need to be learnt before we pour in another $1 billion. More >>

Strong LPC Financial Result Supports Port Redevelopment

Fri, 29 Aug 2014 17:16:37 +1200 | Lyttelton Port of Christchurch

Lyttelton Port of Christchurch (LPC) is focused on building a solid future for the Company and its stakeholders. It is in a strong financial position to fund the Port’s redevelopment. The Company had good volume growth and has produced a solid financial ...More >>

CORRECT: TVNZ lifts annual profit 25% on flat ad revenue

Fri, 29 Aug 2014 15:06:33 +1200 | BusinessDesk

Aug. 29 (BusinessDesk) - Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television.More >>

KiwiRail loss widens to $248M as talks on its future resume

Fri, 29 Aug 2014 12:55:26 +1200 | BusinessDesk

Aug. 29 (BusinessDesk) - KiwiRail, the unprofitable government-owned rail operator, has turned a net loss of $248 million for the year to June 30, as crippling annual writedowns on the value of its assets continued, despite total investment by the ...More >>

KiwiRail Annual Results 2014 Information

Fri, 29 Aug 2014 12:29:23 +1200 | KiwiRail

• 2014 was a challenging year for KiwiRail. Leading into it, the company had had steady growth in the three years prior. More >>

Auckland Council Group finances go from strength to strength

Fri, 29 Aug 2014 11:58:21 +1200 | Auckland Council

It has been another year of good financial performance for the Auckland Council Group which reported its unaudited preliminary financial results to the NZX today. More >>

Kiwibank profit hits $100 million

Fri, 29 Aug 2014 11:15:39 +1200 | Kiwibank

Kiwibank profit hits $100 million Kiwi Group Holdings Limited (“KGH”), which includes Kiwibank Limited and associated companies involved in Wealth Management, Insurance and New Zealand Home Loans, has achieved an after tax profit of $107 million ...More >>

TVNZ lifts annual profit 25% on flat ad revenue, quits Igloo

Fri, 29 Aug 2014 10:25:20 +1200 | BusinessDesk

Aug. 29 (BusinessDesk) - Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television.More >>

NZ Post profit shows no rationale for drastic job cuts

Fri, 29 Aug 2014 10:09:24 +1200 | Engineering Printing and Manufacturing Union

New Zealand Post Group’s $107 million profit shows the company is not in crisis and can afford to carefully consider any future job losses, says the union representing NZ Post workers.More >>

 

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