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Trustpower targets greater savings, better service with increased automation

Trustpower targets greater savings, better service with increased automation

By Gavin Evans July 17 (BusinessDesk) - Trustpower plans further automation in order to lower costs and improve services in the hotly contested power and broadband markets it operates in. The Tauranga-based firm, the country’s fifth-largest electricity retailer by accounts,...

Paul McBeth 17 Jul 2018
NZ June qtr inflation just below forecast; bolstered by housing costs

NZ June qtr inflation just below forecast; bolstered by housing costs

By Rebecca Howard July 17 (BusinessDesk) - New Zealand second-quarter inflation was slightly lower than economists had expected but in line with central bank forecasts as housing-related prices continue to push higher. The consumers price index rose 0.4 percent in the three...

Rebecca Howard 16 Jul 2018
NZ Refining reports negative margins for first time in 5 years

NZ Refining reports negative margins for first time in 5 years

By Gavin Evans July 17 (BusinessDesk) - New Zealand Refining has reported negative margins for the first time in five years after a major maintenance shut had to be extended last month. The company, operator of the country’s sole oil refinery at Marsden Point, reported gros...

Sophie Boot 16 Jul 2018