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Transpower’s Wellington conductor replacement approved

Press Release – Commerce Commission

The Commerce Commission has formally approved $23.5 million for Transpower to replace the conductors (overhead wires) and strengthen the structures of a 9.5km section of its high voltage direct current (HVDC) transmission network in Wellington. Read more »

RNZ Insight Documentary Wins Asia-Pacific Award

Press Release – RNZ

RNZs investigative Insight documentary Climate Change – Politics and Actions has won the inaugural Association for International Broadcasting Sustainability Award for radio programming . Read more »

Pāmu lifts operating profits

Press Release – Landcorp

Pmu lifts operating profits despite challenging climatic conditions 30 August 2018, Wellington, New Zealand – Pmu (Landcorp Faming Limited) has announced EBITDAR (Earnings Before Interest, Taxes, Depreciation, Amortization, and Revaluations) of … Read more »

KiwiRail pay hike favours lowest paid workers

Article – BusinessDesk

Aug. 27 (BusinessDesk) – KiwiRail Holdings will increase pay for 2,319 Rail and Maritime Transport Union members by the same amount, meaning the lowest paid get the biggest increase. Read more »

Landmark Pay Deal Struck at Kiwirail

Press Release – KiwiRail

The Rail and Maritime Transport Union and KiwiRail have today signed a landmark pay deal which will see a flat rate of higher pay applied across all 2319 of its members, rather than the usual percentage increase for workers. Read more »

KiwiRail loss widens in 2018 on further writedowns

Article – BusinessDesk

Aug. 24 (BusinessDesk) – KiwiRail, the state-owned rail and freight operator, widened its loss in 2018 with further writedowns to its rail network, even as revenue and underlying earnings gained. Read more »

Second highest profit in Air New Zealand’s history

Press Release – Air New Zealand

Second highest profit in Air New Zealands history enables reinvestment in customer experience and staff bonuses Read more »

State Sector Productivity: the missing keys

Press Release – Productivity Commission

Higher state sector productivity is critical to delivering more and better public services now and into the future, yet many government agencies lack the cultures, capability and encouragement to make these gains, says the Productivity Commission … Read more »

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 »

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