Manawatu council mismanaging fresh water consents, environmental lobby says
By Sophie Boot Feb. 13 (BusinessDesk) - The Environment Court is being asked to step in over the Manawatu-Whanganui regional council's management of fresh water, which opponents say contravenes the Resource Management Act and its own plan, and doesn't properly regulate nitroge...
MARKET CLOSE: NZ shares down, Chorus and Vector fall while A2, Trilogy rise
By Sophie Boot Feb. 10 (BusinessDesk) - New Zealand shares dropped, led lower by Chorus and Vector on regulation news, while A2 Milk Co and Trilogy gained. The S&P/NZX 50 Index fell 17.19 points, or 0.2 percent, to 7,104.44. Within the index, 24 stocks rose, 18 fell and eig...
Trustpower sees small gain for 2017 earnings from King Country Energy
By Sophie Boot Feb. 10 (BusinessDesk) - Trustpower says 2017 earnings will be a slight improvement on the previous year when it reported a 38 percent fall in annual profit to $90 million. The Tauranga-based energy and telecoms utility said its annual earnings to March 31,...
Lyttelton Port strike cancelled this weekend after positive negotiations
By Sophie Boot Feb. 10 (BusinessDesk) - A planned Maritime Union of New Zealand strike will not go ahead at Lyttelton Port Co's container terminal this weekend, though there are still strike notices in place for later in the month. Following positive bargaining between the...
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