News in Brief

News in Brief
Nuts removal brings Transpower pylon down
Energy

Nuts removal brings Transpower pylon down

Contractors blamed for pylon collapse that cut power to entire region. 

Staff reporters 24 Jun 2024
Mercury launches capital bond offer
Markets

Mercury launches capital bond offer

Mercury NZ is offering up to $300 million. 

Staff reporters 24 Jun 2024
Jetstar muscles into Air New Zealand services to Queensland
Markets

Jetstar muscles into Air New Zealand services to Queensland

Jetstar is launching two new trans-Tasman routes and basing another aircraft in this country to boost and “significantly” expand its New Zealand operations in moves that will help bring down fares.It will fly directly against rival Air NZ with new flights between Auckland and the...

Staff reporters 24 Jun 2024
KiwiRail chair to retire, board to be ‘refreshed’
Infrastructure

KiwiRail chair to retire, board to be ‘refreshed’

KiwiRail board chair David McLean will retire at the end of July.Finance Minister Nicola Willis announced McLean’s retirement on Sunday, saying it was unrelated to the Aratere incident.KiwiRail’s Interislander Aratere ferry ran aground in Picton Harbour on Friday. It was refloate...

Staff reporters 24 Jun 2024