Recent Posts

PM plays to the crowd in post-budget address

In front of the “biggest Cabinet Club of the year”, John Key delivered a rousing post-budget address in Auckland this afternoon. It was a top-drawer performance from the Prime Minister, earning full marks from the business leaders who had shelled out $500 to attend. “The bottom line of yesterday’s budget is, I think, the fruition of five and a half …

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Trustpower expects A$20M NPAT uplift from Aussie wind farm completion

Trustpower is expecting an after-tax uplift in earnings of A$19.9 million within two years from stage two of its South Australian Snowtown wind project. In slides for an investor briefing in Sydney posted to the NZX, 51.1 percent Infratil-owned Trustpower says it is projecting a contribution of A$14.7 million to net profit after tax in the 2015 financial year and …

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Belgrave Finance lawyer Hugh Hamilton convicted on fraud charges

Belgrave Finance legal adviser Hugh Hamilton, a former mayor of Central Hawke’s Bay, has been convicted of 14 charges over the lender’s 2008 collapse, and faces up to seven years in jail. In the High Court in Auckland today, Hamilton was found guilty of 14 Crimes Act charges of theft by a person in a special relationship, the Serious Fraud …

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