Business
Infrastructure
Tilt advances Waverley project, withholds dividend
By Gavin Evans May 9 (BusinessDesk) - Tilt Renewables says it expects to execute an off-take agreement for the 130-megawatt wind farm it plans at Waverley within weeks. The Melbourne-based developer has been in talks with Genesis Energy on the southern Taranaki project sin...
Services
Geo's annual sales to fall short of guidance, break-even postponed
By Jenny Ruth May 9 (BusinessDesk) - Struggling workforce productivity software company Geo says annual sales will fall short of guidance and that break-even is further out. “Geo now expects that its year-on-year growth in annual recurring – subscription – revenues will be...
Economy
Govt opens low-carbon summit with $47M commitment to new energy research
By Pattrick Smellie May 9 (BusinessDesk) - The government will invest $27 million to establish a new energy centre in Taranaki as a gesture towards assisting the region's transition from a multi-billion dollar oil and gas industry to a low-carbon economy. Prime Minister Jac...
Policy
Govt delays upgrade of weak and unclear whistleblower law
By Nikki Mandow May 9 (BusinessDesk) - Changes to whistleblower legislation to make it easier for employees to report everything from bullying to fraud have been delayed. This also pushes back moves to potentially bring the private sector into a critical part of the legislatio...
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