Latest fromAsset sales

Fran O'Sullivan: Solid Energy duo deserve their say
The fundamental conflict between the Govt's political imperatives and Solid Energy's commercial imperatives needs to be probed further, writes Fran O'Sullivan.

Asset sales petition arrives at Parliament
The 68 boxes carried onto Parliament's forecourt this afternoon contained 393,000 signatures. It is thought to be the biggest ever petition in support of a citizen's initiated referendum.

Shearer signed up in sale process
Labour Leader David Shearer says the fact someone was able to pre-register for Mighty River shares in his name shows how "shonky" the sales process is.

390,000 sign petition against asset sales
The Government will push ahead with asset sales regardless of a referendum on the issue, Finance Minister Bill English says.

Ex-Solid Energy boss agrees to grilling
Former Solid Energy boss Don Elder has confirmed he will go to Parliament to answer questions about the company's problems.

Elder officially called to front committee
The former head of Solid Energy has been called to front up to a parliamentary committee to answer questions on the failing coal company after opposition was dropped.

Mighty River admits risk
Mighty River Power has admitted its $250 million investment in geothermal exploration in Chile could come to nothing, but believes it is worth the risk given Chile's massive geothermal resources and energy demands.

Brian Gaynor: Challenge holding onto investors after float
Mighty River Power needs to promote loyalty bonus scheme...

Stock Takes: Mighty River lolly scramble
The Government's confirmation that Mighty River Power is finally on the block has spurred a rash of activity among brokers.

Running hot - Mighty River's geothermal gems
Geothermal is the ultimate renewable energy source - and one reason why Mighty River Power is kicking off the government's asset sales. Energy reporter Grant Bradley visits the company's brand-new plant

Withers defends move to lift Mighty River dividends
Mighty River Power chairwoman Joan Withers has defended the decision to raise the company's dividend policy.

Jenny Shipley quizzed on reputation
Former PM Dame Jenny Shipley was quizzed about her reputation as a company director today when she appeared before the commerce select committee at Parliament.

Float warning for novice investors
If you don't have a broker, you may not be able to sell Mighty River shares quickly, says one fund manager.

Site jams as 100,000 rush for shares
One hundred thousand kiwis have now pre-registered for a stake in Mighty River Power as massive public interest puts pressure on the share sale website.

Interest in shares a 'good sign', says Key
Prime Minister John Key says the rush on pre-registration for Mighty River Power shares is a reflection of the interest in the float but he will not speculate on whether there is a danger it will be over-subscribed.

Mighty River share site crashes
The Mighty River Power share offer website was this afternoon buckling under the weight of hits.

Wayne Cartwright: Asset sale is 'strategic blunder'
The Government has grossly underestimated the value of hydro-energy assets to New Zealand citizens, writes Wayne Cartwright.

Keith Rankin: Everybody owns water
Indeed TV3 reported last year that David Shearer and John Key hold the same position, that "nobody owns water. It's everybody's resource".

Brokers ready for Mighty River float
Market players are anticipating strong demand for the Government's partial float of Mighty River Power.

Kiwis at head of queue for shares
Ordinary New Zealanders will be favoured "at every turn" of the Mighty River Power share sale which gets underway today.

Key, English on Mighty River sale
Prime Minister John Key and Finance Minister Bill English on the sale of Mighty River Power shares to would-be investors. PM John Key said the Government is intending to keep its promises about ensuring a high level of New Zealand ownership.