Mighty river power | NBR

Govt operating deficit smaller than expected, MRP float beats forecast

Corporate tax take again beats expectations | Cash balance bolstered by a more successful float of Mighty River Power than anticipated.

Wed, 11 Jul 2018

Mighty River Power raises $100m in wholesale bond issues to repay debt

The bonds are part of a refinancing programme and the proceeds will be used for general corporate purposes.

Wed, 11 Jul 2018

Xero CEO Rod Drury

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Companies to watch in 2014

Market watchers are putting on a brave face despite a maelstrom of uncertainties swirling in 2014.

Wed, 11 Jul 2018

Flaws in Labour’s 'Nazi' card, Queenstown’s convention centre wars, another possible tech listing and look who's penning Meridian research

Labour's lurch to the left will get a firm shove in the coming month.

Wed, 11 Jul 2018

Queenstown Hilton sold to Chinese, Countdown warned against ‘underarm,’ plasterboard claims challenged and taxman slams door

Secretive hedge fund sells luxurious resort hotel to Chinese interests

Wed, 11 Jul 2018

Maori Council to challenge MRP sale through the courts

The government "is acting illegally in proceeding to sell the shares" before establishing what prior rights Maori have.

Wed, 11 Jul 2018

Maori director of Mighty River Power resigns

MRP loses one of two Maori directors in what appears to be fallout from opposition to the government's plans to partially privatise state-owned power companies.

Wed, 11 Jul 2018

Silvana Schenone and John Key on Easter Island

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What John Key's 'poncho' tour means for NZ business

Business leaders who accompanied Prime Minister John Key on his 10-day "poncho" tour through Latin America say it was a resounding success.

Wed, 11 Jul 2018

Supreme Court to ignore govt deadline on water rights decision

A decision by next Monday on the Maori Council's appeal to halt partial privatisation of Mighty River Power may not be met.

Wed, 11 Jul 2018

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Soaring Treaty industry costs will gobble up asset sales – academic

A senior academic has accused the government of misleading New Zealanders over its asset sales programme.

Wed, 11 Jul 2018

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