Article – BusinessDesk

May 21 (BusinessDesk) – The ambitious growth strategy that has imperilled Solid Energy was developed on a far more optimistic outlook for oil and coal prices than its industry peers, but it had no analysis to back those views, Treasury papers released today … Read more »

Press Release – New Zealand Treasury

The Treasury has released material, mainly comprising advice to Ministers, relating to the monitoring of Solid Energy, a State-owned enterprise (SOE). The material released here was prepared by the Crown Company Monitoring Advisory Unit (CCMAU) and the Treasury … Read more »

Article – BusinessDesk

May 20 (BusinessDesk) – Shares in MightyRiverPower, which the government partially privatised earlier this month, dipped below their $2.50 float price in afternoon trading, 10 days after listing on the stock exchange. Read more »

Press Release – NZ Post

New Zealand Post has released the 2013 edition in its ongoing series of currency coin sets with each denomination of legal tender coin being produced annually. Read more »

Press Release – Waikato District Mayor

Its been a busy time here at council, as we move to finalise the Long Term Plan (LTP) Year Two 2013-14, that was formally known as the Annual Plan. Council staff and myself have been out and around the district over the past few weeks, discussing … Read more »

Speech – ACT New Zealand

I rise on behalf of the ACT Party and the people of Epsom to support the Appropriation (2013/2014 Estimates) Bill. ACT will support this Budget and associated legislation. Read more »

Speech – New Zealand Government

I move that the Appropriation (2013/14 Estimates) Bill be now read a second time. Read more »

Press Release – Deloitte New Zealand

The continuation of the mixed ownership model (MoM) programme will stimulate New Zealands capital markets and contribute to economic growth, according to Deloitte Corporate Finance Partner Andrew Hirst. Read more »

Article – BusinessDesk

May 16 (BusinessDesk) – The country’s most valuable electricity company, Meridian Energy, will be partially privatised in the second of this year, assuming market conditions make it a good time to sell, Finance Minister Bill English announced in … Read more »

Press Release – New Zealand Government

Schools, Christchurch hospitals, KiwiRail and irrigation are four of the biggest recipients of new capital allocated from the Future Investment Fund in Budget 2013, Finance Minister Bill English and State Owned Enterprises Minister Tony Ryall say. Read more »

Press Release – Mighty River Power

“We are delighted to see the breadth and depth of our investor base, particularly first-time investors and we are heartened by the confidence those investors have placed in the Company’s future,” said Chair Joan Withers. Through this Offer … Read more »

Press Release – State Services Commission

State Services Commissioner Iain Rennie commented today after a High Court decision on a challenge to the inquiry being undertaken by Paula Rebstock from an Applicant A. Read more »

Article – BusinessDesk

May 16 (BusinessDesk) – Senior executives of newly listed, state-controlled MightyRiverPower are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30, one of the company’s first disclosures to the NZX and ASX as a listed company … Read more »

Press Release – ACT New Zealand

ACT New Zealand will not support Labour MP Damien OConnors Dairy Industry Restructuring Amendment Bill (No2), ACT New Zealand Primary Industries Spokesman Don Nicolson said today. Read more »

Article – BusinessDesk

May 15 (BusinessDesk) – Qantas Airways, Australia’s dominant airline, and Dubai-based Emirates can share services between New Zealand and Australia after the proposal was approved by New Zealand’s government, extending their rivalry with Air New Zealand. Read more »

Press Release – Grey Power New Zealand

“Grey Power will go to the streets to fight the proposed sale of Meridian Energy,” said Roy Reid, President of Grey Power and leader of the Keep Our Assets campaign, at Grey Power’s annual general meeting in Auckland today. “The coming referendum … Read more »

Press Release – New Zealand Government

Environment Minister Amy Adams has today announced that an application for the Peka Peka to North Otaki Expressway will be decided by an independent Board of Inquiry. Read more »

Article – BusinessDesk

May 14 (BusinessDesk) – Former Foodstuffs boss Tony Carter will take up the chair at Air New Zealands board when existing chairman John Palmer steps down after Septembers annual meeting. Read more »

Article – Businesswire

May 13 (BusinessDesk) – Prime Minister John Key has all but confirmed that Meridian Energy will be the next state-owned enterprise to be partially privatised, with a float of up to 49 percent of the government’s single most valuable electricity asset … Read more »

Press Release – Air New Zealand

Air New Zealand has topped the Nunwood Customer Experience Excellence (CEE) Index in Australia which measures companies that excel in the eyes of their customers. Read more »