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Ministry of Economic Development

Official Figures Show Impact Of Combined Energy Woes

Wellington, Sept 16 NZPA - New official figures highlight the damage done by combined energy woes during the second quarter of the year.

Elliott Promotes Full Separation Plan

Wellington, Aug 11 NZPA - Telecom's non-network businesses would be free of regulation if they were not part the company, according to the US hedge fund promoting the idea of a full separation of New Zealand's largest listed company.

Telecom Says Has Decided Against Elliott's Ideas

Wellington, Aug 11 NZPA - Telecom said thanks for your interest but no thanks to your ideas to a US hedge fund that has put two names forward for election to the company's board.

Pohokura Oil And Gas Reserves Lifted

Wellington, Aug 7 NZPA - Oil and gas reserves in this country's largest petroleum field at Pohokura, offshore from New Plymouth, have both been lifted.

India Probes MDF Exports From NZ In Anti-Dumping Investigation

Wellington, July 31 NZPA - New Zealand exporters of medium density fibre (MDF) board are coming under the scrutiny of an Indian government anti-dumping investigation.

Wind Contributes More To Power Supply

Wellington, July 2 NZPA - Wind energy provided 2.2 percent of total electricity generation last year, figures from the Ministry of Economic Development reveal. That grew to 2.6 percent in the first quarter of this year. Wind capacity almost doubled in 2007 to 321.7MW.

Use Of Coal To Produce Electricity Soars, Up Go CO2 Emissions

Wellington, June 17 NZPA - The use of coal to produce electricity soared in the first three months of the year as dry weather conditions put the squeeze on hydro generation, new figures show.

Dalziel Acts To Speed Up Finance Company Prosecutions

Criminal prosecutions against finance companies that have misled investors will be funded from the Securities Commission's litigation fund, Commerce Minister Lianne Dalziel said today.

Minister Moves To Speed Up Finance Company Prosecutions

Wellington, May 21 NZPA - Criminal prosecutions against finance companies that have misled investors will be funded from the Securities Commission's litigation fund, Commerce Minister Lianne Dalziel said today.

New Spectrum Deal Seen Helping Third Mobile Network

Wellington, May 15 NZPA - The country's two major mobile network operators have accepted a deal that the Government says will help the launch of a third player in the market.