Big electricity users losing patience with local lines companies

Big electricity users losing patience with local lines companies

By Pattrick Smellie March 6 (BusinessDesk) - Large electricity users with national operations are losing patience with local electricity line network owners' slow progress towards having common terms and conditions of service, including agreement on when it's day or night....

Pattrick Smellie 05 Mar 2017
Quiet regime change as Annelies McClure leaves Overseas Investment Office

Quiet regime change as Annelies McClure leaves Overseas Investment Office

By Pattrick Smellie March 2 (BusinessDesk) - The long-serving manager of the Overseas Investment Office, Annelies McClure, has quietly departed the office and been formally replaced by an acting deputy chief executive, Lesley Haines. McClure headed the office for 11 years,...

Pattrick Smellie 01 Mar 2017
CORRECT: Up to $230M in earn-outs available to Compac vendors, assuming turnaround

CORRECT: Up to $230M in earn-outs available to Compac vendors, assuming turnaround

(CORRECTS headline figure) By Pattrick Smellie Feb. 28 (BusinessDesk) - The New Zealand founders and former shareholders of the Compac fruit sorting company are in line for up to $230 million in earn-out payments on top of the $70 million paid for the company by the Norwegi...

Pattrick Smellie 28 Feb 2017
Progress at last on RMA reform; passage in March predicted

Progress at last on RMA reform; passage in March predicted

By Pattrick Smellie Feb. 27 (BusinessDesk) - The government's long-stalled second tranche of reforms to the Resource Management Act is finally on the move again, with the select committee deliberating on the largest bill currently before Parliament due to report back tomorrow....

Pattrick Smellie 26 Feb 2017