
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.
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.
Broker a bit surprised to see Air NZ shares slip but notes light volumes.
It will be a dark and quiet night for some people in Manurewa, after a crash toppled a power pole and cut power.
Vector says the revamped grid proposals released this week change nothing of substance while introducing "huge risk" to the process.
A car has hit a power pole and broken it in two in South Auckland this morning.
Some of New Zealand's biggest companies are lending their muscle to help start-up businesses get off the ground.
More than 156 homes are without power in Auckland after two faults affected about 2000 households overnight.
The buyers of an upmarket apartment building have been told they will be without air conditioning for up to 18 months.
Power has been restored to most of Vector's northern network after weather chaos struck overnight - but some homes may still be without
More than 320,000 Aucklanders are in line for a payout of hundreds of dollars following Vector's annual financial result, released today.
Homeowners who suffered up to three days without power during a huge blackout will get just $50 each.
Vector has launched the first rapid electric vehicle chargers in downtown Auckland.
Vector has sold its New Zealand gas business to global utilities investment fund First State.
Electricity usage spiked during Sunday's Rugby World Cup semifinal.
More than anything, I like the diversity and the challenge that Vector offers in business.
Auckland households are set to get a bigger dividend payout from Vector next month.
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 says a potential buyer has expressed interest in its gas transmission business.
A power line worker was critically injured after a “hellish bang” was heard during a substation accident this morning.
Vector chief executive Simon Mackenzie believes Tesla's new batteries will help transform the energy sector.
Power has been restored after a feeder fault cut electricity to more than 800 households in central Auckland this afternoon.
Vector has formed a partnership with Tesla to bring its revolutionary home and business batteries to New Zealand.
Vector, the Auckland gas and electricity distribution monopoly, is in discussions with the Commerce Commission.
Kim Campbell has organised a meeting this afternoon to discuss strategies to soften up Aucklanders for the sale of the remaining shares in lines company Vector to pay for new roads.
Winston Peters writes: There is a group of people who want to get rid of the Auckland Energy Consumer Trust. But why fix what isn't broken?