SOEs struggle in tough economic times
The Treasury says State-owned enterprises' revenue has declined as they face continued cost pressures.
Transpower was one Crown entity that had exceeded its cost of equity capital over the past five years.
Just like private-sector businesses, State-owned companies are struggling to make ends meet.
In a report to Finance Minister Nicola Willis and then State-owned Enterprises Minister Paul Goldsmith – on the performance of Crown companies and entities to the end of June 2024, obtained by NBR under
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