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Electricity regulator sees long future for Tiwai Point smelter, power crossing Tasman
By Pattrick Smellie Nov. 1 (BusinessDesk) - New Zealand's abundant renewable electricity may be the saviour of the Tiwai Point aluminium smelter, attract energy-intensive industries to New Zealand and eventually see electricity exported across the Tasman Sea to Australia, the...
Milford's growth KiwiSaver fund still clocking double-digit returns after a decade
By Paul McBeth Nov. 1 (BusinessDesk) - Milford Asset Management's active growth KiwiSaver fund is the only one to deliver annualised double-digit growth over the 10-year life of the state-sponsored savings scheme, Morningstar research shows. The research analysis firm's qu...
ACC predicts future investment revenues will fall on declining returns from equities
By Sophie Boot Nov. 1 (BusinessDesk) - Accident Compensation Corp's investment team delivered a net 5.7 percent return on assets in the 2017 financial year, outperforming its benchmark for the 22nd year, but warned its returns may fall behind increasing claims. The investme...
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