Transpower, the state-owned electricity grid company, has sold its d-cyphaTrade unit to Australian stock market operator ASX for A$55 million. Transpower set up d-cyphaTrade in 2002. It promotes Australian exchange-traded electricity futures and then sells related training and information products. It had income of $10.4 million in 2012, down from $12.7 million a year earlier. “d-cyphaTrade and its future development …

Port of Tauranga chairman John Parker will retire in October after nine years leading the board and 17 as a director of the country’s biggest export port. David Pilkington, a director of the company since 2005, will replace Parker while former Waste Management chief executive Kim Ellis has been appointed an independent director. During Parker’s tenure as a director, the …

The real value of the Future Partners delegation was not so much the tokenism of young faces in the room or additional youthful enthusiasm in the Q&A, but in the real crux of knowledge transfer and succession planning. Being chosen as one of eight under 30 year olds by Fulbright New Zealand and the US NZ Council as a ‘future …