Business Scoop


New KiwiRail Chair appointed

Press Release – New Zealand Government

Greg Miller has been appointed to chair the KiwiRail board, Minister for State Owned Enterprises Winston Peters and Minister of Finance Grant Robertson announced today. Read more »

Coastal Pacific train service to return from December

Press Release – KiwiRail

KiwiRails iconic Coastal Pacific scenic journey will roll again between Picton and Christchurch from December 1 this year, two years after the service was put on hold because of the devastating Kaikoura earthquake. Read more »

Pāmu updates full year EBITDAR forecast

Press Release – Pamu Farms

Landcorp Faming Limited (Pmu) has released an updated EBITDAR (Earnings before Interest, Taxes, Depreciation, Amortization and Revaluations) forecast for the 2017/18 financial year. Read more »

Mercury’s Waikato hydro pumps out most power since 1996

Article – BusinessDesk

July 18 (BusinessDesk) – Production from the Waikato hydro scheme reached a 22-year high in the June year just ended. Read more »

Board announces search for new Chief Executive

Press Release – KiwiRail

The KiwiRail Board has today announced Chief Executive Peter Reidy will leave the State Owned Enterprise after four years in the role. Read more »

Transpower deploys robots in pilot programme

Press Release – Transpower

Embracing innovative technology in its work on the National Grid, Transpower is looking to robots to help deliver quicker restoration times in remote locations, and save consumers money in the process. Transpowers robot pilot programme is now underway … Read more »

The power of government in NZ electricity industry

Press Release – Whiteboard Energy

The power of the state: New documentary explores the power of government in NZ electricity industry Read more »

Wide range of EQC reforms to speed up claims

Press Release – New Zealand Government

The Government has received a report outlining the need for a wide range of reforms to speed up the resolution of outstanding EQC claims, says EQC Minister Megan Woods. Read more »

Napier–Wairoa Rail A Win On All Fronts

Press Release – New Zealand Government

The first work train in six years on the Napier-Wairoa rail line is a win-win-win milestone for the greater Hawkes Bay, says Associate Minister for Forestry, Meka Whaitiri. Read more »

Ballast drop day for Wairoa-Napier line

Press Release – New Zealand Government

Regional Economic Development Minister Shane Jones will today mark the return of trains on the Napier to Wairoa line for the first time in six years. Read more »

Trains return to Wairoa – Napier line

Press Release – KiwiRail

Trains are moving again on the Napier to Wairoa line for the first time in six years in an important milestone in the re-opening of the line. Read more »

Meridian Energy considering $200M retail bond offer

Article – BusinessDesk

June 5 (BusinessDesk) – Meridian Energy is considering offering up to $200 million of seven-year unsecured, unsubordinated fixed rate bonds to institutional and New Zealand retail investors. Read more »

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