News in Brief
News in Brief
News in Brief
Salt throws its support behind Marsden Maritime Holdings takeover
The institutional shareholder owns 3.49% of the land-owning company.
News in Brief
Transpower proposes $1.4b replacement for ageing Cook Strait electricity cables
Transpower is proposing a $1.4 billion spend on replacing the ageing electricity cables linking the North and South Islands across the Cook Strait.The state-owned power transmission company released a consultation paper today setting out its proposals to replace key components of...
News in Brief
NZ Super Fund, Russell, Lockwood want to sell $600m+ hotel portfolio
The Adina Apartment Hotel Auckland is one of seven properties for sale.
News in Brief
Unemployment remains unchanged at 5.1%
Unemployment remained unchanged at 5.1% in the March quarter, Stats New Zealand said on Wednesday.The seasonally adjusted number of unemployed people was 156,000, the same as the December 2024 quarter.Meanwhile, the seasonally adjusted underutilisation rate – a measure of spare c...
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