Friday, 22 February 2019

Latest News

  • Tilt Renewables to raise A$260m of new equity

    15:09 | 20/2/19
    Feb. 20 (BusinessDesk) - Tilt Renewables plans to raise approximately A$260 million of new equity to help fund its A$560 million Dundonnell wind project.  more»
  • Mike Greer first of many scale builders to enter KiwiBuild

    14:57 | 20/2/19
    Feb. 20 (BusinessDesk) - Housing Minister Phil Twyford says more KiwiBuild deals with large-scale construction firms are in the pipeline as he announced a deal with Mike Greer Homes for 104 units in West Auckland and Christchurch. more»
  • Power panel favours scrapping low-fixed charges

    14:53 | 20/2/19
    Feb. 20 (BusinessDesk) - An independent panel reviewing electricity prices favours scrapping the government’s low-user fixed charge regime, banning the use of prompt-payment discounts, and requiring greater disclosure of the profit split between the retail ... more»
  • Infrastructure Commission welcomed

    14:40 | 20/2/19
    BusinessNZ says the establishment of the new Infrastructure Commission will help overcome current infrastructure problems in New Zealand.  more»
  • UPDATE: A2 shares lift 8.6% on strong first half result

    14:34 | 20/2/19
    Feb. 20 (BusinessDesk) - A2 Milk's stock jumped 8.6 percent after it said first-half profit climbed 55 percent as the milk marketer continued to expand market share in China despite trade tensions between the US and China crimping consumer spending. more»
  • Response to the Electricity Price Review options paper

    14:20 | 20/2/19
    The Electricity Networks Association (ENA) welcomed the phasing out of the low fixed-charge regulations for residential electricity pricing as a favoured option in the Electricity Price Review options paper released today. more»
  • Workers say automation has impacted their jobs

    14:15 | 20/2/19
    Half of New Zealand workers have already seen their job responsibilities change as a result of automation, according to recruiting experts Hays.  more»
  • Half year financial results: Kiwibank steps up momentum

    14:05 | 20/2/19
    Kiwibank’s half-year results reveal the New Zealand-owned bank has hit one billion dollars in growth in both deposits and lending. In just six months it has achieved more than twice the growth for the full year prior. more»
  • Not much joy in Fellet’s Sky TV swansong

    14:05 | 20/2/19
    Feb. 20 (BusinessDesk) - It was the final results announcement for Sky Network Television’s long-standing chief executive John Fellet this morning, but he didn’t have much cheerful news for investors. more»
  • We Are New Zealand’s Herald

    13:46 | 20/2/19
    20 February 2019 – Believe it when you read it. Facts, truth and expert analysis. Celebrating and commiserating, informing and entertaining. That’s New Zealand’s Herald. more»
  • Instant Kiwi’s newest millionaire

    13:44 | 20/2/19
    A spur of the moment purchase turned out to be the decision of a lifetime for an Invercargill man who has become Instant Kiwi’s newest millionaire with the $15 Cash Spectacular ticket. more»
  • Ebos underlying net profit boosted by animal care segment

    13:25 | 20/2/19
    Feb. 20 (BusinessDesk) - Ebos Group said one-offs dented its first half net profit slightly but the underlying result was boosted by strong performance in the animal care segment.  more»
  • UPDATE: Meridian posts record 1H operating earnings

    13:23 | 20/2/19
    Feb. 20 (BusinessDesk) - Meridian Energy reported a 39 percent increase in first-half profit, boosted by improved generation and sustained high prices in October and November.  more»
  • KiwiRail operating earnings start to improve

    13:16 | 20/2/19
    Feb. 20 (BusinessDesk) - State-owned KiwiRail reported a 7 percent improvement in operating earnings in the six month to Dec. 31, at $16.3 million, reflecting a 30 percent lift in the value of domestic freight carried on its network caused in large ... more»
  • UPDATE: Spark 1H profit dips 5.6%

    13:07 | 20/2/19
    Feb. 20 (BusinessDesk) - Spark New Zealand's first-half profit dipped 5.6 percent due to Southern Cross Cables deciding not to pay a dividend while it mulls the investment needed for a new underwater cable.  more»
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