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11 April 2008

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Price dispute over Mangahao acquisition settled

King Country Energy (KCE) acquired 100% of the Mangahao power station assets in 2012. The rationale for the acquisition was to enhance KCE’s ability to maintain and grow value for the benefit of all Shareholders in an increasingly competitive and challenging market.

Govt's epic fail on affordable housing - Shearer

National’s plan to tinker with land supply is an epic fail in the eyes of tens of thousands of New Zealanders desperately trying to buy their first home, says Labour Leader David Shearer.

Contract win supports strategy in Australia

Balfour Beatty is awarded a major contract in Melbourne, Australia as part of the NetworX Alliance team by Victoria’s Road Authority (VicRoads).

Interislander's flagship ferry to receive a facelift

Interislander will be giving its flagship passenger ferry - the Kaitaki - a bit of a spruce up this winter.

Housing accords legislation passes first reading

A bill to urgently increase the supply of land and affordability of housing has passed its first reading 104 votes to 15 in Parliament tonight and has been sent to a select committee for urgent consideration.

Tax change for multinationals

The Government confirmed today in the Budget it will push ahead with changes to the thin capitalisation rules that invest in New Zealand.

More work needed on housing accord bill - Auckland Mayor

Auckland Mayor Len Brown has welcomed the introduction of legislation for housing accords, but says he will be seeking clarification on a number of points to ensure the final legislation is consistent with the draft Auckland Housing Accord.

Budget: Property investment focus to return $45m a year

Budget 2013 provides a permanent $6.65 million increase in annual funding for Inland Revenue to pursue property investment tax compliance, which is expected to return about $45 million a year, Revenue Minister Peter Dunne says.

Legislation for housing accords, land supply

Special legislation to enable councils and the Government to streamline new housing developments in areas where housing is least affordable will be introduced to Parliament today.

Budget: $100m for investing in warmer, healthier homes

The Government is investing in a new three-year insulation programme, which will deliver warmer, drier and healthier homes to communities in most need, Energy and Resources Minister Simon Bridges says.

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