TVNZ will need Crown support if revenue keeps shrinking

Article – BusinessDesk

Nov. 10 (BusinessDesk) – The Treasury advised the previous administration to think deeply about its ownership of commercial broadcaster Television New Zealand, which will need a Crown lifeline if the collapse in advertising revenue continues. Read more »

Judgment: Southern Response Class Action

Press Release – NZ Court of Appeal

This summary is provided to assist in the understanding of the Courts judgment. It does not comprise part of the reasons for that judgment. The full judgment with reasons is the only authoritative document. The full text of the judgment and reasons … Read more »

Meridian positive on what new government has flagged to date

Article – BusinessDesk

Oct. 26 (BusinessDesk) – Outgoing Meridian Energy chief executive Mark Binns said there is a lot of detail in the coalition proposals from Prime Minister-designate Jacinda Ardern’s government the company is keen to engage on and overall it is positive … Read more »

Thomson Medal latest accolade in string of successes

Press Release – Cawthron Institute

Cawthron Institute Chief Executive Professor Charles Eason CRSNZ has been awarded the Thomson Medal by the Royal Society Te Aprangi. The Thomson Medal is awarded for outstanding contributions to the organisation, support, and application of science … Read more »

E Tū Commends NZ Post on Paxster Safety Moves

Press Release – E Tu

E t says it welcomes the safety-first response by NZ Post to a problem with its fleet of Paxster vehicles, which are used to deliver mail and parcels. Read more »

KiwiRail wins supreme Excellence in Business Support Award

Press Release – KiwiRail

KiwiRails resilience and ability to adapt to disruption saw it take home the supreme award at the AUT Business School Excellence in Business Support Awards last night. Read more »

Total NZ Radio New Zealand Audience Measurement

Press Release – GfK

Auckland, October 5th, 2017 Results of the Total New Zealand 2017 Radio New Zealand Measurement Survey 3 conducted by GfK were released today at 1pm. Read more »

691,600 New Zealanders now tune to RNZ

Press Release – Radio New Zealand

Over 691,000 people are now tuning in to RNZs radio stations in an average week the highest figure ever recorded. Read more »

Radio New Zealand board appointment

Press Release – New Zealand Government

Arts, Culture and Heritage Minister Maggie Barry has announced the appointment of experienced Wellington businessman Mike (MOD) ODonnell to the board of Radio New Zealand. Read more »

CORRECT: KiwiRail’s net loss widens

Article – BusinessDesk

Aug. 25 (BusinessDesk) – KiwiRail, the state-owned rail and freight operator, said its full year net loss widened while the operating surplus sank by almost a third due to the impact of the Kaikoura earthquake in November. Read more »

KiwiRail’s net loss widens and operating surplus falls

Article – BusinessDesk

Aug. 25 (BusinessDesk) – KiwiRail, the state-owned rail and freight operator, said its full year net loss widened while the operating surplus sank by almost a third due to the impact of the Kaikoura earthquake in November. Read more »

Kiwibank chief Paul Brock to depart at the end of the year

Article – BusinessDesk

Aug. 22 (BusinessDesk) – Kiwbank chief executive Paul Brock will leave the state-owned lender at the end of the year, ending seven years in charge of the country’s fifth biggest bank. Read more »

Transpower to pay $165 mln dividend to Crown

Article – BusinessDesk

Aug. 17 (BusinessDesk) – Transpower, the state-owned national grid operator, kept its $165 million dividend payment to the government largely unchanged after a year of cutting costs saw a small increase in underlying earnings. Read more »

Transpower releases 2016/17 annual result

Press Release – Transpower

Transpower New Zealand today released its annual results for the 2016/17 financial year. Revenue increased to $1,061.1 million, up 3% from 2015/16. The increase was a result of uplifts to the inputs used in the calculation of our allowable transmission … Read more »

Contact looks to tighten market after ‘crappy quarter’

Article – BusinessDesk

Aug. 14 (BusinessDesk) – Contact Energy is looking to tighten electricity supply, saying it will seek better prices for roughly half a terawatt hour of its total annual generation either from commercial and industrial customers, wholesale spot market … Read more »

Sale of Reefton Assets

Press Release – Solid Energy NZ

Solid Energy has today completed the sale of its remaining Reefton assets to Moore Mining Ltd. The sale comprises the Reddale and Burkes Creek mining operations near Reefton, with the associated coal washery and plant and equipment. Read more »

NZ Post to Pilot Multi-Brand Subscription Parcel Service

Press Release – NZ Post

NZ Post is about to launch a trial for a new delivery service for Kiwi online shoppers, called Shipmate. Read more »

Crown Irrigation Invests $815,000 in Manuherikia Water

Press Release – Crown Irrigation Investments

2 August 2017 – Crown Irrigation Investments Ltd. (Crown Irrigation) has agreed to provide development grant funding of $815,000 for remaining Manuherikia Water Project pre-feasibility phase investigations. Read more »

Railway man’s bravery honoured

Press Release – KiwiRail

Railway mans bravery honoured A plaque honouring the courage of railway man Corporal Leslie Andrew has been unveiled today at Wellington Railway Station by KiwiRail Chief Executive Peter Reidy, The Rail Heritage Trust and Corporal Willie Apiata VC. Corporal … Read more »

Taxpayers environmental liability from Solid Energy mines

Press Release – Forest And Bird

Forest & Bird says evidence of corporate welfare and dirty deals is mounting up as the Governments sale of Stockton coal mine progresses. Read more »

Next Page »