FIRST CUT: Meridian Energy lifts first-half operating earnings 6%
By Pattrick Smellie Feb. 22 (BusinessDesk) - A strengthening performance in its Australian business and less dry period insurance thanks to a wet spring and mild winter saw Meridian Energy record a 6 percent lift in operating earnings for the six months to Dec. 1, allowing an...
Westpac wrong to release 'Dirty Politics' author Hager's bank records: Privacy Commissioner
By Pattrick Smellie Feb. 20 (BusinessDesk) - The Privacy Commissioner has censured Westpac Banking Corp for releasing without a court order more than 10 months of bank records belonging to the political activist and journalist Nicky Hager during a police investigation into lea...
Maori and Mana parties agree election tactics deal
By Pattrick Smellie Feb. 20 (BusinessDesk) - The Maori and Mana parties have sealed a long-expected tactical arrangement to try and ensure that both parties win at least one Maori electorate each in the Sept. 23 general election. As foreshadowed, the Maori Party will stand...
NZ Steel returns to profit in first half, export competitiveness still unclear
By Pattrick Smellie Feb. 20 (BusinessDesk) - A cost reduction drive, higher global steel prices, and synergies between recently acquired Pacific Steel and the New Zealand Steel plant at Glenbrook have seen a strong return to operating profit for Australian steelmaker Bluescope...
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