NZRGPN slams Air NZ decision to cut provincial routes

Press Release – New Zealand Rural General Practice Network

The countrys foremost national advocate for rural general practice has joined the chorus of condemnation on Air NZs decision to cut some provincial air routes from its repertoire. Read more »

Air New Zealand grounds Far North

Press Release – New Zealand Labour Party

The announcement by Air New Zealand to close services from Kaitaia to Auckland will be an absolute disaster for the Far North, Labour MP for Te Tai Tokerau Kelvin Davis says. Read more »

Pulling West Coast flights a savage blow

Press Release – New Zealand Labour Party

Air New Zealands decision to withdraw its Westport service is another kick in the guts for an already struggling community, West Coast-Tasman MP, Damien OConnor says. Read more »

Heartland hires Kiwibank executive as new chief risk officer

Article – BusinessDesk

Nov. 10 (BusinessDesk) – Heartland New Zealand, the bank formed through the merger of Canterbury and Southern Cross building societies with Marac Finance, has hired Kiwibank executive Richard Lorraway as its new chief risk officer. Read more »

Mighty River Power 2014 Annual Shareholders’ Meeting

Press Release – Mighty River Power

Please find attached the presentation that will be given at Mighty River Powers Annual Shareholders Meeting starting at 2pm today. Read more »

Kiwirail Overdue for an Overhaul of Ferry Operations

Press Release – New Zealand First Party

Another sailing, another breakdown thats the Interislander record and continues to speak volumes about KiwiRail mismanagement, says New Zealand First. Read more »

Govt to engage with families on next steps at Pike River

Press Release – New Zealand Government

The Government has today accepted Solid Energys decision not to pursue the Pike River drift re-entry project and committed to working with the Pike River families on next steps for the Pike River site, says Energy and Resources Minister Simon Bridges … Read more »

MightyRiverPower to pay special dividend

Article – BusinessDesk

Nov. 5 (BusinessDesk) – MightyRiverPower, the first of the state-owned power companies to be partially privatised last year, will pay a special dividend to shareholders after the latest board review of its capital management. Read more »

MRP announces special dividend for shareholders

Press Release – Mighty River Power

Mighty River Power today announced a fully imputed special dividend of 5 cents per share to be paid to the Companys more than 102,000 shareholders on 11 December 2014. Read more »

Demolitions can’t lead to history repeating

Press Release – New Zealand Labour Party

The Governments plan to demolish and sell off Housing New Zealand units in Porirua must lead to the construction of new affordable housing not just more empty allotments, Mana Labour MP Kris Faafoi says. Read more »

United Support for Napier-Gisborne Rail Corridor

Press Release – Hawke’s Bay Regional Council

The Mayors of Napier, Hastings, Wairoa and Gisborne met today and agreed to fully support and endorse Hawkes Bay Regional Councils position to secure a lease for the Napier to Gisborne rail corridor. Read more »

Climate Summary Oct 2014: A dry month for some

Press Release – NIWA

A dry month for some of the country with near average temperatures for most. Rainfall Rainfall was below normal (50-79%) or well below normal ( 149%) for south-western parts of the South Island. Temperature October temperatures were near average (within … Read more »

NZ govt’s social housing plans aim to alleviate poverty: Key

Article – BusinessDesk

Nov. 3 (BusinessDesk) – The government’s plan to increase the private provision of state-housing is part of a wider goal to alleviate the country’s most vulnerable by putting more cash in their pockets, Prime Minister John Key says. Read more »

Solid Energy annual losses mount with another $110.6 mln in

Article – BusinessDesk

Oct. 31 (BusinessDesk) – Solid Energy posted its third annual loss in a row as the financially distressed state-owned coal miner wrote down the value of its export operations amid lower coal price assumptions, and warned of more red ink to come. Read more »

Margin that it applies to regulated cost of capital reduced

Press Release – Commerce Commission

The Commerce Commission has released its final decision on the weighted average cost of capital (WACC) used for regulated businesses. The WACC uplift (or margin) for price-quality regulation has been set at the 67thpercentile, down from the 75th percentile. … Read more »

Mail deadlines take guesswork out of gift-giving this Xmas

Press Release – New Zealand Post

New Zealand Post has released its domestic and international mailing deadlines for letters and gifts, including YouShop parcels, ahead of the Christmas rush. Figuring out when to post your presents doesnt need to be guesswork, says New Zealand … Read more »

Govt airs real views on public broadcasting

Press Release – New Zealand Labour Party

An admission by the Government that it is happy to experiment with Pacific and Maori audiences shows just how weak its vision for public broadcasting in New Zealand is, Labours Broadcasting spokesperson Kris Faafoi says. Read more »

Takeover of Lyttelton Port Shares Completed

Press Release – Christchurch City Holdings Limited

Christchurch City Holdings Limited (CCHL) has today completed the acquisition of the remaining shares in Lyttelton Port Company (LPC) with the conclusion of the compulsory acquisition process. Read more »

Come Clean on Agenda for TVNZ

Press Release – New Zealand First Party

Prime Minister John Key must state today whether the government is prettying up Television New Zealand for sale now or in the future, says New Zealand First. Read more »

Disappointed with TVNZ move to outsource programmes

Press Release – Pacific Island Media Association

The move by TVNZ to outsource production of its Maorl and Pacific programmes is catastrophic for the communities it serves in New Zealand and the region. Read more »

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