Latest from Vector Limited

Vector first-half profit rises 7pc

Vector's gain was driven by stronger sales, lower finance costs and a one-time gain after a Court of Appeal ruling on a tax claim.

Xero leads rise on thin trade

Broker a bit surprised to see Air NZ shares slip but notes light volumes.

Car brings down power pole in Mangere East

Crash brings down powerlines.

Manurewa power cut: 72 customers still affected

It will be a dark and quiet night for some people in Manurewa, after a crash toppled a power pole and cut power.

Vector comes out swinging at proposal

Vector says the revamped grid proposals released this week change nothing of substance while introducing "huge risk" to the process.

Hundreds without power after crash

A car has hit a power pole and broken it in two in South Auckland this morning.

Big money learns new tricks

Some of New Zealand's biggest companies are lending their muscle to help start-up businesses get off the ground.

156 homes still in dark after power cuts

More than 156 homes are without power in Auckland after two faults affected about 2000 households overnight.

No air-con for summer

The buyers of an upmarket apartment building have been told they will be without air conditioning for up to 18 months.

Electricity spike during All Blacks test

Electricity usage spiked during Sunday's Rugby World Cup semifinal.

Vector chief executive Simon MacKenzie

More than anything, I like the diversity and the challenge that Vector offers in business.

Vector dividend up: Consumers get $345

Auckland households are set to get a bigger dividend payout from Vector next month.

Vector earnings up on smart meter growth

Vector has posted a 2.8 percent gain in pretax earnings, beating its guidance

Vector launches Tesla battery giveaway

More than 100 solar power and state of the art battery systems are being offered free by Vector to individuals, families, community groups and schools in the Auckland region.

Steep fines if trees hit power lines

Aucklanders are being warned they could face fines of up to $10,000 and daily penalties for not keeping their trees and other vegetation away from power lines.

Vector looks at gas line sell off

Vector says a potential buyer has expressed interest in its gas transmission business.

Power line worker critically injured

A power line worker was critically injured after a “hellish bang” was heard during a substation accident this morning.

Tesla battery 'a gamechanger'

Vector chief executive Simon Mackenzie believes Tesla's new batteries will help transform the energy sector.