Record claims and rising premiums prompt calls for tax breaks but the Government’s not interested.
Guidance assumes Trustpower keeps ahold of under-review retail arm.
Acquisition price for the 10-year-old business not disclosed.
UPDATE: Move follows NBR report showing huge variance in findings of non-compliance.
The company has taken deep tech investor Pacific Channel on board.
Stuart Nash said firms need to invest in plant and machinery or employing and training New Zealanders.
Higher claims driven by building cost pressures.
CEO David Prentice says strong retail, generation results give gentailer confidence of future.
Parent company CEO focusing on 5G fixed wireless.
Some 1022 plaintiffs have joined action in hopes of multi-million payout.