Transpower gives green light for generators to use more water
Consumers could be paid to use less power if the situation deteriorates.
AdvertisementAdvertise with NZME.
Latest fromMarkets
Market close: NZ slide continues as Sky subs dwindle, Fletcher sees grim outlook
Company earnings brought investors back to reality.
Market close: Mercury left high and dry, Synlait unveils recapitalisation plans
Power companies were among the hardest hit as the NZ sharemarket fell for a second day.
Methanex pressured to fill key government gas contract in the midst of supply squeeze
The Government's last-minute gas contract is another sign of deep trouble in the market.
Market close: NZX50 posts biggest weekly gain in four years
Investors continue to embrace the prospect of lower interest rates.
Market close: Skellerup rallies on robust earnings as market revels on lower rates
The market is feeling the love from the Reserve Bank decision.
Market close: NZX50 surges as Reserve Bank takes handbrake off economy
The local stock market enjoyed broad-based gains.
Market close: Gas supply buoys Contact, Genesis as markets await RBNZ call
The New Zealand sharemarket rose ahead of the Reserve Bank's OCR decision.
Methanex shutters operations to keep NZ's lights on – and make money
Gas deal means all the units at Huntly can operate.
Market close: NZ shares creep higher as rate review, earnings come into focus
The local stock market joined a stronger day across Asia.
Electricity regulator steps in as Prime Energy defaults on payment to Manawa
The Electricity Authority is working with both companies on a 'managed resolution'.
Market close: Power price squeeze saps energy companies as Manawa tumbles
Manawa Energy led the market lower.
Hollywood comeback? Analysts see Vista shares doubling in three years
'You’re just about to enter the promised land.'
NZ's stretched power sector is facing big challenges, Electricity Authority warns
Wholesale electricity prices have risen sharply in the past month.
World stock markets fall after weak US jobs data
World stocks stocks fell on Friday on worse-than-expected US jobs data.
Market close: Briscoe Group shares rise after reporting record sales
NZ sharemarket rises on the back of a rebound in the US tech sector.
Market close: Mixed bag for NZ stocks, micro-cap firms the main gainers
The NZ sharemarket still managed to make a small rise in a slow end to July.
Market close: Broad-based rally for buoyant sharemarket; New Talisman raises capital
The local index posted a gain of more than half a per cent.
Market close: Comvita shares slump after $16.8m loss
Meanwhile, the NZ sharemarket hung in with a small fall.
Trump vows to sack SEC boss and end ‘persecution’ of crypto industry
Candidate says he would ensure rules were written by people 'who love cryptocurrencies'.
Market close: NZ sharemarket ends lower on rocky day
However, the local index was able to grind out a gain for the week.
Big Tech says AI is booming - Wall Street is starting to see a bubble
Big Tech's risky bet on future profits.
Market close: Beaten down stocks rally as investors look towards rate cuts
The NZ sharemarket had another strong afternoon.
Market close: Takeover news spurs sharemarket to more than two-year high
The index reached levels last seen in early February 2022.
Market close: Takeover news sparks surge in Arvida, The Warehouse share prices
After firing up in the morning the local index fell sharply in the afternoon.
Market close: Revival in retail stocks but sharemarket dips
The index finished flat after a sterling two weeks of welcome gains.
Market close: NZ stocks push higher on back of falling inflation
The New Zealand sharemarket closed at a 29-month high.
Market close: NZ sharemarket hits 17-month high
Leading stocks came to the party late in the day.
Market close: Profit-taking helps to peg sharemarket back
It was a flat start to the week for the local index.
Market close: Retirement village stocks stand out as NZX stacks up more gains
The local index rose 2.85% for the week.
Market close: NZ stocks surge on new optimism
NZ sharemarket bursts through the 12,000 points mark for the first time in three months.
Market close: New Talisman Gold Mines needs to raise $2m; ANZ to buy Suncorp Bank
The NZ sharemarket carved out a decent rise with a helping hand from across the Tasman.
Market close: Utilities sector drags NZ sharemarket lower
It's a pivotal week for stocks, particularly Synlait Milk.