The Mixed Ownership Model Bill On Tuesday the State-Owned Enterprises Amendment Bill and the Public Finance (Mixed Ownership Model) Amendment Bill passed a third reading in parliament, and now await Royal Assent to become law. This is the legislation that allows for partial privatisation of state-owned energy companies. Ngāti Tūwharetoa
Day: July 3, 2012
Tainui Holdings Group and Waikato Tainui Fisheries Limited have reported an operating net profit of circa $21 million for the year ending 31 March 2012, (up from $15 million in the previous year). The return on shareholder funds was 10.3% and total assets were valued at $694 million.
Tiroa E and Te Hape B Trusts (Ngāti Rereahu) have indicated that their attempt to purchase two of the former Crafar dairy farms has been unsuccessful. They have indicated that the price sought by incoming owners, Shanghai Pengxin, was artificially inflated. The Trusts will therefore continue their legal challenge against
In response to the Better Public Service target established to reduce youth offending, on Thursday Associate Justice Minister, Chester Borrows, announced there will be a review of the Youth Offending (Prevention) Strategy.[1] We note the strategy is already ten years old, and youth offending has not fallen in that period,
To assist in achieving educational targets in the Better Public Services framework – such as 85% of all 18 year-olds achieving NCEA level 2 by 2017 – the Minister of Education, Hekia Parata, has established a cross-sector education forum. This forum held its first meeting this week. The forum includes
On Monday the Prime Minister, John Key, and Deputy Prime Minister, Bill English, announced that targets have now been established for the ‘Better Public Services’ results areas. These performance targets are quantifiable and time bound, and sit undertaken the ten ‘result areas / challenges’ established in March (refer pānui 9/2012