
Fran O'Sullivan: Bank deal aligns politics and finances
COMMENT: NZ Super Fund's decision to try to buy a 25pc stake in Kiwibank from NZ Post should not be any surprise.
COMMENT: NZ Super Fund's decision to try to buy a 25pc stake in Kiwibank from NZ Post should not be any surprise.
Govt sale of Kiwibank stock to taxpayer-owned entities may see them fall out of public ownership in future
COMMENT: Michael Cullen's always been good at shifting money around without necessarily having to spend it, so what better way to finance KiwiBank than through his fund, writes Barry Soper.
FRAN O'SULLIVAN: This is a Wellington deal that brilliantly suits the objectives of two finance ministers, current and former.
The special dividend will be gained from the sale of a 45 per cent stake in Kiwibank.
COMMENT: The Government's decision to sell a 45 per cent stake in Kiwibank is a financially smart one. And its decision to sell it to itself is politically shrewd.
Bill English says NZ Post's plan for ACC and NZ Super Fund to buy into Kiwibank will ensure bank remains wholly Government owned.
New Zealand Post will stay Government-owned, says Finance Minister Bill English, after news it is axing up to 500 jobs over three months.
New Zealand Post will stay Government-owned, says Finance Minister Bill English after news it is axing up to 500 jobs over the next three months.
Grandson pays tribute to grandfather who fought with New Zealand Expeditionary Force in the Great War.
The cost of sending letters within New Zealand will hit $1 from July.
New Zealand Post, struggling with falling mail volumes, has put its art collection up for sale.
International parcels will need to be sent by early December and an early-bird special is on for people ready to send their mail before November 15.
New Zealand Post is pulling out of six-day rural delivery in parts of Otago and Southland.
Workers at Christchurch's New Zealand Post contact centre are devastated to learn their jobs soon won't exist.
New Zealand Post is considering the sale of its mail and record management outsourcing unit, Converga.
Hundreds of posties will lose their jobs when mail delivery days are slashed next month, but just one compulsory redundancy is expected.
A new coin is being minted in New Zealand to commemorate the birth of the royal princess.
A postie who stockpiled nearly 2000 pieces of mail at his house has been sacked from the job.
New Zealand Post will decrease deliveries of post to three days per week from July, costing 400 posties their job.
Rusty Hamlet can't vote after all, even though the Electoral Commission sent him voting forms.
An expensive designer handbag, a preserved scorpion, human ashes and an unwrapped tennis ball are some of the 100,000 "undeliverable" mail items sent via New Zealand Post that have been destroyed or sold in the past year.
The state-owned enterprise has been trialling two vehicles and an electronic bike on selected Auckland routes as it considers overhauling home delivery practices.
New Zealand Post has sold its Australian Couriers Please business to Singapore Post for A$95 million.