News in Brief
News in Brief
Markets
Staff leave Meridian after retail 'reset'
Expect a very different approach from Meridian in 2025, executive says.
Energy
Supplier signed up for $450m Cook Strait cable replacement
Transpower has signed up global cable solutions supplier Prysmian for the $450 million job replacing the high voltage direct current submarine electricity cables linking the North and South Islands.The HVDC link, commonly referred to as the Cook Strait cable, is expected to come...
Tourism
International visitor numbers stuck at 85% of pre-covid levels
Overseas visitor arrivals were 240,200 in October, an increase of 14,200 from October last year but 15% down on pre-pandemic levels.Stats New Zealand figures show the annual arrival total to October was just over 3.2 million, down around 17% on the bumper 2019 year and just ahead...
Markets
Chorus' four-year revenue cap set at $4.1b
ComCom says it has saved consumers $172.6m over the past four years.
