Transpower proceeds with $97m lines project

Gavin Evans
Tue, 30 Jun 2020

Transpower is going ahead with a $97 million upgrade of lines in the lower South Island saying the work has value as part of the country’s covid-19 recovery and to encourage renewable generation in the area. The national grid operator spent recent months strengthening transmission towers between Roxburgh and Livingstone as part of a project intended to increase capacity from Southland in case a review of the Tiwai Point smelter resulted in the closure of the country’s biggest electricity user. With no decision there yet, Transpower has op...
Listed Companies
Huljich family sells 25% of Pushpay stake
Dan Brunskill | Tue, 14 Jul 2020

The Huljich family has sold a quarter of its cornerstone stake in Pushpay Holdings, one of the rising software company stars. The 14.4 million shares were sold for $123.8 million, or $8.60 per shar...

Property
Housing market rebounds sharply; caution required
Jenny Ruth | Tue, 14 Jul 2020

The housing market bounded out of lockdown last month with sales volumes the highest for June in four years and prices nationally up 8.6 percent from a year earlier. The Real Estate Institute's lat...

Election 2020
ELECTION 2020: NZ First moves fast to seek political capital from Muller resignation
Pattrick Smellie | Tue, 14 Jul 2020

New Zealand First party leader Winston Peters was quick out of the blocks to issue a statement on the shock resignation of National Party's leader, Todd Muller, this morning. With NZ First polling...

The role of private equity in the wake of COVID-19

As local covid-19 restrictions ease, a new business cycle is beginning in New Zealand.