News
Government plans to partially sell state owned power companies
Posted On: Thursday, 3 May 2012
Hearings into the Government's plan to partially sell state owned power companies started today - but the submission lengths haven't impressed some.
Leading domestic energy consumers' ad......
Meridian Energy to pay $71.3 million dividend
Posted On: Monday, 30 April 2012
Meridian Energy will pay a $71.3 million dividend on its earnings for the first half of the financial year, in line with its dividend policy of a 75 per cent pay-out ratio.
The company de......
Grey Power says residential consumers may have to start paying more
Posted On: Thursday, 26 April 2012
Residential consumers with state-owned power companies face on average a $265 a year increase in their electricity bills if the Government continues with its plans to partially sell them, Grey P......
Electricity Authority aims to save Kiwi households big bucks
Posted On: Monday, 16 April 2012
Shopping around for the best electricity price is the best way to keep prices down, but the organisation charged with promoting marketplace competition admits it will only "neutralise" inevitabl......
Kiwis begging for sale of state owned assets to stop
Posted On: Monday, 16 April 2012
Hundreds of New Zealanders have written to a parliamentary select committee begging for a halt to the sale of state owned assets.
Submissions on National's reviled Mixed Ownership Model ......
Kiwibank wants to double mortgage in two years
Posted On: Thursday, 12 April 2012
A home loan subsidiary business of Kiwibank is making a push into Auckland and wants to double its share of the market in two years.
New Zealand Home Loans, a franchise lending business w......
Privatisation of SOE
Posted On: Wednesday, 11 April 2012
The Government's plan to block public scrutiny of partially privatised power companies is unjustified on commercial grounds and will see a valuable part of the democratic process lost, Chief Ombudsm......
Bankers defend scale of profits
Posted On: Thursday, 5 April 2012
- New Zealand Herald
BNZ chief executive Andrew Thorburn and NAB Group chief Cameron Clyne want to 'balance' the conversation over earnings.
How much profit is too much? That's a hot topic these ......
New Zealand tenants struggling due to rental increases
Posted On: Thursday, 5 April 2012
Tenants squeezed by double-digit rental increases are turning to buying their own home as the cost of owning and renting narrows - even though New Zealand houses are rated some of the most unaff......
Increased power prices leave Kiwi households struggling
Posted On: Thursday, 5 April 2012
Thousands of struggling Kiwi households, who are already unable to pay their bills, are having their power cut off.
Recent power price increases are tipped to push bills up to 10 per cen......
