The Government's partial asset sales policy will launch tomorrow with a $1 million advertising blitz to promote the sale of Mighty River Power shares.

More details are due today of the NZX listing of Mighty River Power whose float could have a short-term hit on the broader market.

The debate about the financial merits of assets sales is a good one, and based purely on the numbers the benefits are marginal, writes Liam Dann.

This week, the Government confirmed it really is going to flog off our family silver.

The unanimous judgment of the Supreme Court is significant and unusual.

John Key's Government has cleared the final hurdle for its flagship asset sales policy and is set to press the go button on the sale of Mighty River shares on Monday.

The former chairman of financially troubled Solid Energy approved a big pay rise for chief executive Don Elder in one of his last acts in the job, Labour claims.

John Key and Bill English have been on tenterhooks waiting for the Supreme Court judgment on the Mighty River sales process, writes Fran O'Sullivan.

The estimated proceeds from partial sales of state-owned enterprises of $5-$7 billion may have to be revised downwards in the Budget, Finance Minister Bill English conceded today.

Genesis Energy chair Jenny Shipley says the state owned enterprise is ready for partial sale but is coy on whether she will be leading the company on the sharemarket.

Genesis Energy has turned in a tidy-looking result for the six months to December 31, with net profit after tax up 85 per cent to $71 million.

Meridian Energy says it's ready for partial privatisation and expects a significant uplift in operating earnings after transmission outages knocked its performance.

Prime Minister John Key has denied that the Solid Energy crisis and Telecom job cuts are a black mark against the Government's handling of the economy.

Huntly East miners are bracing themselves for more redundancies as the Government scrambles to fix Solid Energy.

Mighty River Power says the driest summer in at least five years will affect its full-year result as it cuts back on generating power from its Waikato River dams.

The Supreme Court yesterday heard final submissions on a second case that could affect the Government's planned partial sale of Mighty River Power.

Prime Minister John Key has given his qualified support to Jenny Shipley remaining chair of the soon-to-be-listed power company Genesis.

Companies with strong growth prospects and businesses involved in the dairy and agricultural sector are high on the wish list for new listings on the sharemarket.

Don Elder has resigned as chief executive of troubled coal company Solid Energy, effective immediately.

The sale of power shares would create barriers to the Government's ability to provide redress for Maori rights, Chief Justice Dame Sian Elias says.