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...

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...

By Paul McBeth May 8 (BusinessDesk) - Lawyers in the Mainzeal case were back in court today arguing whether the $36 million penalty handed down to directors of the failed construction company, including former Prime Minister Jenny Shipley, should attract up to six years' inter...

By Pattrick Smellie May 8 (BusinessDesk) - Reactions to the net zero carbon emissions legislation released today range from Greenpeace attacking it as "toothless" and "miserly" to Federated Farmers calling it "frustratingly cruel". Two key issues are at the heart of those a...

By Rebecca Howard May 8 (BusinessDesk) - Digital church collection payment operator Pushpay said it has appointed board chairman Bruce Gordon as the new chief executive after Chris Heaslip resigned effective May 31.  Gordon, who will assume the role from June 1,  will also...

By Rebecca Howard May 8 (BusinessDesk) -  Digital church collection payment operator Pushpay is upbeat about the coming year after lifting revenue by 40 percent and reporting a full-year net profit. The NZX-listed, US-headquartered software-as-a-service company, reported a...

(Updates with details of Kernahan’s new job from 2nd par and further details about her positions at Fletcher.) By Jenny Ruth May 7 (BusinessDesk) - Fletcher Building’s Michelle Kernahan is leaving the company at the end of July for a "new career challenge.” She is to be...

By Gavin Evans May 7 (BusinessDesk) - Maintenance work at the country’s biggest gas field is winding up, with China Oilfield Services’ Boss rig expected to start decoupling from the Pohokura production platform by tomorrow. That process means production from the field’s off...

By Paul McBeth May 7 (BusinessDesk) - Christchurch city councillors were left ruing central government's decision to dial back its share of the largely successful $2.24 billion programme to rebuild and repair the city's horizontal infrastructure such as water pipes and roads. ...

(Adds GCSB comment from 20th paragraph) By Nikki Mandow May 6 (BusinessDesk) - Huawei has vigorously defended its right to be part of New Zealand’s 5G mobile network build at the China Business Summit in Auckland this morning. And it has called on GCSB Minister Andrew Littl...

(Adds union comment from 14th paragraph.) By Gavin Evans May 3 (BusinessDesk) - KiwiRail chair Greg Miller has been named chief executive of the state-owned rail operator after the company said an international search failed to find a candidate with sufficient breadth of ex...

By Gavin Evans May 3 (BusinessDesk) - KiwiRail chair Greg Miller has been named chief executive of the state-owned rail operator after the company said an international search failed to find a candidate with sufficient breadth of experience. Miller only joined the board in...

By Gavin Evans May 3 (BusinessDesk) - Deploying new technology at scale to provide better services will be a key part of Z Energy’s future growth, chief executive Mike Bennetts says. New Zealand’s biggest fuel retailer spent about $10 million in the past year on a range of...

(Recasts to focus on savings initiatives, adds share price in 8th paragraph, Marpol risk to end) By Gavin Evans May 2 (BusinessDesk) - Z Energy shares rose after the company forecast a $22 million benefit from its efficiency initiatives in the current year and signalled at...

By Gavin Evans May 2 (BusinessDesk) -  Z Energy reported a 13 percent decline in full-year net profit after an extended outage at the Marsden Point refinery raised its costs and record pump prices reduced sales volumes industry-wide. The country’s biggest fuel retailer said...