RESEND: KiwiRail sees some green shoots

Article – BusinessDesk

Oct. 28 (BusinessDesk) – KiwiRail’s statement of corporate intent projects a drop in revenue for 2017 but chief executive Peter Reidy sees some bright spots for the state-subsidised railway, including the potential pickup in coal volumes and the … Read more »

EECA appoints new Chief Executive

Press Release – Energy Efficiency and Conservation Authority

The Energy Efficiency and Conservation Authority (EECA) is pleased to announce James Hay has been appointed as its new Chief Executive. Read more »

Andrew Crisp appointed as LINZ Chief Executive

Press Release – Land Information New Zealand

State Services Commissioner Peter Hughes has today announced the appointment of Andrew Crisp as Chief Executive of Land Information New Zealand (LINZ). Read more »

Annual Report Shows Raised Ambitions in 2015/16

Press Release – The Treasury

The Treasury has published its Annual Report for 2015/16 today. Secretary to the Treasury Gabriel Makhlouf praised the contribution that staff and high expectations have made to a successful year. Read more »

Southern Response Class Action returns to court

Press Release – GCA Lawyers

Southern Response Class Action (SRCA) returned to court this morning, seeking an order that the class action may proceed. Soon after commencement Justice Gendall noted that the group’s case appeared to Contain ‘very Serious allegations’. Read more »

Air NZ sells remaining stake in Virgin Australia

Article – BusinessDesk

Air New Zealand has sold its remaining stake in Virgin Australia for A$65.7 million. In its monthly update to investors, the company said the sale was an off-market transaction with investors including the Nanshan Group. Read more »

Solid Energy Asset Sales Process Proceeding on Schedule

Press Release – Solid Energy NZ

A milestone step in the sale of Solid Energys assets has been reached with the receipt of bids, beginning the final stage of the sale process as scheduled. Read more »

Air NZ reiterates warning of increased competition

Article – BusinessDesk

Sept. 30 (BusinessDesk) – Air New Zealand, the countrys national airline, reiterated its warning to shareholders that increased competition will hurt revenue this financial year. Read more »

Another renewable energy record broken

Press Release – New Zealand Government

The proportion of renewable energy used in New Zealand continues to reach record levels, Energy and Resources Minister Simon Bridges says. The finding was released today in the annual Energy in New Zealand report, which highlights key trends in … Read more »

David Hay makes Broadcasting Standards complaint to Radio NZ

Press Release – David Hay

Auckland Mayoral candidate David Hay submitted a broadcasting standards complaint to Radio New Zealand today, regarding its coverage of the Auckland mayoral race on its flagship current affairs programmes: Morning Report and Checkpoint. Read more »

Govt Should ‘Scrap Proposed Power Increases’

Press Release – New Zealand First Party

New Zealand First says the government should call a halt now to power pricing proposals that will mean higher bills for hundreds of thousands of Kiwis, both households and businesses. Read more »

Poor Quality Locomotives Will Cripple Kiwirail in Future

Press Release – New Zealand First Party

Poor Quality Locomotives Will Cripple Kiwirail in Future New Zealand First is opposed to KiwiRail replacing its North Island electric-powered trains with diesel locomotives from China its a dinosaur decision. Importing more lower-cost DL-class … Read more »

Questions Surround Landcorp Farm Sales

Press Release – New Zealand First Party

New Zealand First wants reassurance that the sale of nine Landcorp farms is not a forerunner to another state asset sale. Read more »

Dumping tobacco industry investments

Press Release – Hapai Te Hauora

Hpai Te Hauora, the voice of Tobacco Control in New Zealand are pleased with the investment dump of at least $109 million in controversial tobacco industry and weapons investments following a Herald investigation into responsible investment policies. … Read more »

Ferry Mishaps of Own Making

Press Release – New Zealand First Party

KiwiRail can offer as many excuses as it likes for the ferry Arateres constant breakdowns, but it is of managements own making, says New Zealand First Leader and Northland MP Rt Hon Winston Peters. Read more »

Q and A: Chief executive of Landcorp, Steven Carden

Press Release – TVNZ

Producing More And More Milk Not New Zealands Future: Landcorp Head The chief executive of Landcorp, Steven Carden, on TV Ones Q+A programme says the business is reviewing all land conversions and looking for alternate uses for land that are … Read more »

Ultrafast Fibre moves to WEL Networks ownership

Press Release – Ultrafast Fibre Ltd

Ultrafast Fibre Limited (Ultrafast Fibre) says it fully supports todays announcement from Communications Minister Amy Adams, that WEL Networks Limited (WEL) will purchase all of the Governments shares in Ultrafast Fibre. Read more »

Waikato Networks buys out Crown’s holding in Ultrafast Fibre

Article – BusinessDesk

Sept. 7 (BusinessDesk) – A WEL Networks subsidiary has bought the government’s majority shareholding in Ultrafast Fibre for $189 million, giving WEL and its strategic partner Waipa Networks 100 percent ownership of the central North Island’s fibre company. Read more »

TVNZ completes building refurbishment

Press Release – Television New Zealand

TVNZ completes building refurbishment TVNZ says its refurbished Auckland building and recently upgraded technology has set up the business to deliver the moments that matter to New Zealanders for years to come. Read more »

Fairway Resolution Ltd board appointment

Press Release – New Zealand Government

ACC Minister Nikki Kaye today announced the appointment of Rachel Farrant to the board of Crown company Fairway Resolution Ltd, effective from 1 September 2016. Read more »

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