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Genesis owns the Huntly Power Station which can provide up to 20 per cent of the country's electricity...So far, the Government's mixed ownership model has proven to be something of a mixed bag...Meridian Energy, the jewel in the crown among the
New Zealand risks scoring the most enormous of own goals if the partial sell-down of state-owned assets flops, warns NZX chairman Andrew Harmos. Done right, the sales would restore faith in the market, Harmos said. But if done badly, or not at all,
Saturday Jul 7, 2012 The state-owned enterprise Mixed Ownership Model that's causing such a fuss was pioneered by Helen Clark and Michael Cullen over a decade ago...In 2001, the Labour Government spent $885 million bailing out Air New Zealand.
The Australian and New Zealand wealth management company said the Government's mixed ownership programme would represent "a significant step forward for NZ Inc". JBWere strategist Bernard Doyle said the sharemarket's relevance had declined over the
Friday Jun 22, 2012 The Government's legislation to allow a sale of minority stakes in four government owned energy companies took an important step forward this week, as Parliament completed the committee stage of the Mixed Ownership Model Bill.
Wednesday May 9, 2012 Given the political debate surrounding the Government's "mixed ownership model" programme it is hard to imagine there was a time when the initiative received broad-based support from the public and in the media...That was at the
Parliament's Finance and Expenditure Committee has received some 1400 submissions on the Mixed Ownership Model Bill, which would enable the sale of up to 49 per cent shares in Mighty River, Genesis Power, and Meridian Energy, and coal company Solid
Parliament's finance and expenditure committee yesterday heard dozens of submissions on the partial privatisation or Mixed Ownership Model Bill which paves the way for the sale of up to 49 per cent of shares in Mighty River Power, Genesis Power and
The model was supposed to take the political heat out of the issue by hocking off minority shareholdings in a clutch of major energy-related state-owned enterprises, rather than selling them holus-bolus. This week the plan instead raised the
30 AM Thursday Feb 2, 2012 Whether the Government decides to remove section 9 of the State Owned Enterprises Act when establishing four new mixed-ownership companies matters because it directly taps into the much bigger debate around Maori