Solid Energy sell-off slap in face

Press Release – New Zealand Labour Party

The proposed sell-off of Solid Energy lands in Huntly is a breach of good faith undertakings given to Waikato-Tainui in their Treaty of Waitangi settlement reached 20yrs ago, says Hauraki-Waikato MP Nanaia Mahuta. Read more »

Waitemata DHB leads the way as a ‘Good Employer’

Press Release – Waitemata District Health Board

An analysis of 91 Crown entities across New Zealand has seen Waitemata District Health Board (DHB) ranked equal-first for compliance with Good Employer principles. Read more »

Tainui seeks judicial review of Solid Energy land sale

Article – BusinessDesk

March 15 (BusinessDesk) – Waikato-Tainui said it will seek a judicial review of the sale of surplus land by Solid Energy because the failed state-owned coal miner hasn’t complied with legislation covering the government’s Treaty of Waitangi settlements … Read more »

Tainui seeks judicial review of Solid Energy land sale

Article – BusinessDesk

March 15 (BusinessDesk) – Waikato-Tainui said it will seek a judicial review of the sale of surplus land by Solid Energy because the failed state-owned coal miner hasn’t complied with legislation covering the government’s Treaty of Waitangi settlements … Read more »

Public sector accountability through raising concerns

Press Release – Office of the Auditor-General

This afternoon, the Auditor-Generals report Public sector accountability through raising concerns was presented to the House of Representatives. A two-page summary of this report is also available. Public sector accountability is built on principles … Read more »

Genesis Energy to raise up to $100 mln in six-year bonds

Article – BusinessDesk

March 8 (BusinessDesk) – Genesis Energy is looking to raise up to $100 million in a six-year bond at half the cost it’s been paying on a note that matures next week. Read more »

Green Party applauds Landcorp’s brave decision

Press Release – Green Party

Green Party applauds Landcorps brave decision Landcorps brave decision to scale back its dairy intensification programme in the North Island is a victory for the environment and those who have fought to protect the Waikato River, the Green … Read more »

Landcorp Ditches Industrial Dairy Plans Over Pollution Fears

Press Release – Greenpeace New Zealand

Responding to news that state-owned company Landcorp, the countrys biggest dairy farmer, is set to ditch industrial dairy plans in Waikato, Genevieve Toop, Greenpeaces agriculture campaigner, said: Read more »

Landcorp to scale back Wairakei dairy conversion

Article – BusinessDesk

March 7 (BusinessDesk) – Landcorp Farming, the state-owned farmer, confirmed it will scale back the conversion of former forestry land to dairy farming on leased land at the Wairakei Estate north of Taupo following a slump in milk prices and concern … Read more »

Air New Zealand to resume Osaka flights

Press Release – Air New Zealand

Air New Zealand to resume Osaka flights Air New Zealand will resume a nonstop seasonal service between Auckland and Osaka, Japan from November. Using Boeing 767-300 aircraft, the airline will operate three return services per week on Wednesdays, Fridays and … Read more »

Government emergency housing move welcomed

Press Release – Auckland Council

Mayor Len Brown has welcomed the governments announcement of $2 million worth of new emergency housing in Auckland. Read more »

Landcorp posts first-half operating loss on lower milk price

Article – BusinessDesk

March 2 (BusinessDesk) – Landcorp Farming, the state-owned farmer, posted a net operating loss in the first half of its financial year, and said that’s expected to widen for the full year, reflecting a decline in milk prices. Read more »

Kordia boosts first-half profit, resumes interim dividends

Article – BusinessDesk

March 1 (BusinessDesk) – Kordia Group, the state-owned broadcasting and telecommunications network operator, posted a jump in first-half profit, allowing it to pay down debt and deliver an interim dividend to the Crown for the first time in three years. Read more »

NZ Post’s art collection for sale as head office shrinks

Article – BusinessDesk

March 1 (BusinessDesk) – New Zealand Post Group, which is three years into a five-year transformation to shrink its business to keep pace with falling mail volumes, has put its art collection up for sale. Read more »

Coal and dairy revenues hit KiwiRail first-half

Article – BusinessDesk

Feb. 29 (BusinessDesk) – Falling revenue from the rail network and one-off restructuring costs pushed state-owned KiwiRail to a net loss for the six months to Dec. 31 of $16.2 million, compared with a $6.8 million loss for the same period last year. Read more »

FIRST CUT: Air NZ first-half pretax profit soars 132%

Article – BusinessDesk

FIRST CUT: Air NZ first-half pretax profit soars 132% on lower fuel prices, tourism Read more »

Kiwibank on track to beat 2015 annual earnings; 1H profit up

Article – BusinessDesk

Kiwibank ekes out 1.4% gain in first-half profit, on track to beat 2015 annual earnings Read more »

Dunedin City Holdings Limited Half Year Result

Press Release – Dunedin City Holdings

Dunedin (Monday, 22 February 2016) Dunedin City Holdings Limited has reported a surplus of $8.7 million for the six months to December 2015. Read more »

New load forecasting service offers improved information

Press Release – Transpower

Transpowers Energy Market Services (EMS) today launched a new load forecasting service for the electricity market, in collaboration with TESLA Asia Pacific. The service will provide users with timely and accurate information to support and improve … Read more »

NZ Post Group interim results

Press Release – NZ Post Group

New Zealand Post Group today reported net profit after taxation (NPAT) of $110 million for the six months to 31 December 2015. Read more »

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