Infrastructure

Power pylons

Power shortages possible by 2013

The Electricity Commission has warned that there is potential for electricity shortages re-emerging from 2013 onwards unless more new projects are committed in 2010.

Interest in Infratil investment

BY GARETH VAUGHAN - © Fairfax NZ News

Interest in an Australian energy company in which Kiwi firm Infratil is the largest shareholder is picking up.

Virgin Blue in trading halt

BY STUART WASHINGTON AND DENISE MCNABB

Virgin Blue, parent of New Zealand's Pacific Blue was placed in a trading halt today pending what is believed to be an announcement of a capital raising on Wednesday.

NZ Post cuts up to 400 jobs

Nearly 400 jobs at New Zealand Post Group have fallen victim to the recession.

Govt mulls local govt bank

BY ADRIAN CHANG - © Fairfax NZ News

Smiles and frowns montage The Government says it is considering creating a local body "bond bank" which would help finance up to $30 billion in planned infrastructure costs over the next decade.

Business Headlines
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Reconsider Crafar farms deal, Government told

World Cup prompts shoppers to open wallets

SkyCity rings up record first-half profit

SFO launches investigation into gold trader

Fish shops targeted in black market operation

PGC short of independent directors

Auckland, Wellington expensive for expats

SkyCity reaps rewards of RWC

CBA posts record A$3.6 billion profit

Nasdaq website disrupted by online attacks

New products help boost Domino's profit

NZ stocks fall as earnings disappoint

AMP NZ Office profit down $8m

Taxpayer wearing whiff of failure

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