Lucky Nine Hit Kiwisaver Jackpot

Press Release – New Zealand First Party

The KiwiSaver Lotto winners are: AMP, ANZ, ASB, BNZ, Grosvenor, KiwiBank, Mercer, Fisher Funds and Westpac. The lucky nine are the Governments choice of financial houses to be the new set of default providers for KiwiSaver for seven whole years. Read more »

New CEO nothing for Maori TV to celebrate

Press Release – New Zealand Labour Party

Paora Maxwells appointment as Maori Television boss is National Party cronyism at its worst, Labours Broadcasting spokesperson Kris Faafoi says. Read more »

HBRC considers investment in Napier-Gisborne rail line

Press Release – Hawkes Bay Regional Council

Hawkes Bay Regional Council is considering investing close to $5.5 million in re-establishing the Napier-Gisborne rail line as a viable alternative to the transport of freight by road. Read more »

TVNZ’s silence speaks volumes

Press Release – New Zealand Labour Party

TVNZs refusal to answer specific questions in relation to Paora Maxwells employment at the state broadcaster speaks volumes over his suitability to lead Mori Television, Labours Broadcasting spokesperson Kris Faafoi said today Read more »

National gives up on its ‘mum and dad’ investor ruse

Press Release – Green Party

The National Government has given up on the myth that it is selling shares in the electricity companies to mum and dad investors, with just 9% of Genesis to be reserved for New Zealand retail investors, Green Party Co-leader Dr Russel Norman … Read more »

New UFB spend-up for asset sales slush fund

Press Release – New Zealand Labour Party

National has snuck in yet another spending item into its asset sales slush fund, this time money for ultra-fast broadband, Labours SOE spokesperson Clayton Cosgrove says. Read more »

Agendas threaten integrity of Māori Television

Press Release – New Zealand Labour Party

The eve of its 10th anniversary is the perfect time for all concerned to query what state Mori Television is in, Labours Mori Affairs spokesperson Shane Jones says. Read more »

National shuts Mums and Dads out of Genesis sale

Press Release – New Zealand Labour Party

National has deliberately cut Mum and Dad investors from the Genesis sale, restricting them to just nine per cent of the shares while selling the rest to the Governments investor friends, Labour Leader David Cunliffe says. Read more »

NZ government to sell full 49% of Genesis Energy

Article – BusinessDesk

March 26 (BusinessDesk) The government will sell 49 percent of Genesis Energy in the last of its scheduled asset sales after feedback from institutions and brokers gave it confidence it didnt need to reduce the size of the selldown. Read more »

Up to 49% of Genesis for sale in share offer

Press Release – New Zealand Government

The Government today confirmed that up to 490 million shares – or 49 per cent of Genesis Energy – will be available for sale through the share offer. Read more »

Could Genesis Be Best Of the Power Company Partial Sales?

Press Release – NZ Energy and Environment Business Week

The editors of respected sector weekly NZ Energy & Environment Business Alert say a general consensus seems to be forming over the Genesis float – It could be a handy investment in the short to medium term. Read more »

NZ Treasury head of asset sales John Crawford calls it quits

Article – BusinessDesk

March 24 (BusinessDesk) The head of the Treasury unit in charge of the partial privatisation process is leaving to pursue roles in the private sector on the eve of the last of the four asset sales undertaken over the past 13 months. Read more »

Genesis may struggle to increase turbo charged dividend

Article – BusinessDesk

March 21 (BusinessDesk) Genesis Energy, New Zealands largest energy retailer, is expected to be a strong initial performer when it lists next month because of its attractive near-term dividend yield, but may struggle to offer dividend growth … Read more »

No protection for disabled and seniors from eviction

Press Release – New Zealand Government

Labour’s Housing spokesperson Phil Twyford has called the Government’s decision not to protect senior citizens and the disabled from eviction under its new state house policy “callous and heartless”. Read more »

Mana Meets With Kim Dotcom

Press Release – Mana Party

Last year I was invited to meet with Kim Dotcom, but I declined because I didnt want to get swamped by the Labour, Greens and NZ First pilgrimages to the mansion, said Hone Harawira, MANA Leader and MP for Te Tai Tokerau. Read more »

Labour = fresh content, National = reruns

Press Release – New Zealand Labour Party

New figures show the National Governments attitude towards Kiwi content is to abandon all efforts, Labours Broadcasting spokesperson Kris Faafoi says. Read more »

ACC unveils new approach to injury prevention

Press Release – Accident Compensation Corporation

ACC announced today that it is updating its investment approach to injury prevention, to ensure the best outcomes for New Zealanders. The updated approach reflects current trends in claims information and a strong commitment to addressing improved customer … Read more »

Genesis float comes with 1-for-15 share bonus sweetener

Article – BusinessDesk

March 13 (BusinessDesk) The governments unpopular asset sales programme will all be over in just over a month, with a quick-fire bookbuild and public offering scheduled between now and listing of the electricity generator-retailer Genesis Energys … Read more »

Government disingenuous about school funding

Press Release – Quality Public Education Coalition – QPEC

The John Key-led government continues to lack sincerity and honesty about how it is funding school property investment, while continuing to mislead the public on its controversial asset sales programme, says QPEC Chairperson, Bill Courtney. Read more »

Genesis share offer a last desperate fire sale

Press Release – New Zealand Labour Party

Details announced today on the sale of shares in Genesis Energy prove it is a politically expedient last ditch effort to flog off New Zealands silver before the election, Labours SOE spokesperson Clayton Cosgrove says. Read more »

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