
Steven Joyce: No plan to sell Transpower
NZ First leader Winston Peters says report on sale options for Transpower is suspicious.
NZ First leader Winston Peters says report on sale options for Transpower is suspicious.
COMMENT: The Shareholders' Association is on the warpath.
KiwiSaver is a fantastic long-term superannuation scheme but it has one major drawback: limited domestic investment opportunities.
A Glen Innes tenant battling against eviction from her former state house has put a surprising argument to the Tenancy Tribunal.
COMMENT: There are some business friendly policies that John Key had ruled out which may now be back on the table under Bill English.
Achieving the Auckland Council's ambitious goals will require a more rigorous approach to its financial position.
A privatisation programme of Super City assets offers up billions for the cash-strapped Auckland Council but little in the way of rates relief.
Solid Energy acting chairman Andy Coupe admitted it was "unlikely" that any sale, or sales, would cover its outstanding debt.
Genesis Energy announced its last two coal-burning electricity generators at Huntly Power Station will be shut down.
No other advanced economy in the world would allow almost all of its banking system to be owned overseas, writes Paul Glass. "Let's require the big four banks to list 25 per cent of just their NZ operations on the NZ Stock Exchange."
Christchurch City Council is seeking independent financial advice on a proposal to sell key assets to pay for the city rebuild.
Shares in Mighty River Power and Meridian Energy have been coming off the boil, but there are few obvious reasons for a recent slump in their stock prices.
Mark Lister says the Crown got $1.8b for selling a Meridian stake now worth more than $3.2b.
While our equity or net worth is $70 billion it is $35 billion worse than 2008 due to liabilities, especially debt, growing faster than assets.
Tony Holman writes: The secretive assets sales project highlights the anti-people, anti-democratic nature of the local government structure foisted upon the people of Auckland.
Winston Peters writes: There is a group of people who want to get rid of the Auckland Energy Consumer Trust. But why fix what isn't broken?
Power companies' margins on retail electricity tariffs are unsustainably high, says a new report on listed NZ electricity stocks.
The Finance Minister says the proceeds from selling state houses are unlikely to be spent on new state houses and may go into the Consolidated Account.
Tainui says it wants to spend "tens of millions of dollars" on buying up state houses as Bill English signals an open market for the country's 68,000 Housing NZ properties.
Investors in listed power companies appear to be betting the National Party will retain the government benches at Saturday's general election.
The potential sale of the 14,000ha Lochinver Station (a "ridiculously small amount of land" according to Steven Joyce) to foreign interests raises a couple of important questions.
National's $212 million plan to fast-track regional road projects using asset sales cash is not backed by a strong economic case, OIA documents reveal.
Analysts have mixed views on the outlook for the upcoming earnings season as some of NZ's biggest and most widely held firms prepare to report their annual results.
Auckland councillors are divided on the privatisation of Queen Elizabeth Square in downtown Auckland, but voted 14-7 today to approve in principle the disposal of the land worth upwards of $60 million to Precinct Properties.
Auckland councillors will tomorrow consider the privatisation of Queen Elizabeth Square in downtown Auckland for a mall.