L&M Energy has provided markets with some welcome news it
will sell electricity from its Ohai coal-seam gas pilot
project to the Tiwai aluminium smelter.
Restaurant Brands directors are not getting carried away with
enthusiasm after the company yesterday reported its best
The support package offered to AMI Insurance offered
certainty to policyholders their claims would be covered,
Finance Minister Bill English said yesterday.
Major changes were needed in the insurance industry to
restore confidence that claims, no matter at what level,
could be paid out, Dunedin insurance broker Peter Taylor said
AMI Insurance yesterday seemed to fulfil a prediction made
last week by ratings agency Standard and Poor's that some
insurers exposed in Canterbury would face difficulty and
require an injection of capital.
The Government is risking another fiscal blowout with its
last resort $500 million support package for AMI Insurance.
Sale processes for South Canterbury Finance's commercial
assets were well advanced, Finance Minister Bill English said
yesterday, through a spokesman.
Tragic events around the world had made "duty of care" and
risk management more important than ever before, Human
Resource Institute Wild South president Matt Carter said
The Government should release the documents and advice it
received on South Canterbury Finance to provide transparency
about the deal, Craigs Investment Partners broker Chris Timms
Economic and employment conditions were stable outside
Canterbury, but there were some warning signs, NZIER
principal economist Shamubeel Eaqub said yesterday.
cars for sale
Submit your news & photos - Login or
Opinion? Have your say - Login or Register
event or notice
Add a photo
Make ODT my
Otago Daily Times print and digital edition, The
Star - Dunedin, The News - Central Otago, The
Ensign - Gore, Southland Express -
Invercargill, Southern Rural Life - Otago and
Southland, The Courier - Timaru, Courier Country - Canterbury and
West Coast, Queenstown Times - Queenstown, Mountain Scene -
Queenstown, The Oamaru Mail - Oamaru, The
Greymouth Star - Greymouth, Hokitika Guardian - Hokitika,
West Coast Messenger - West Coast, The Ashburton Courier -
Ashburton, The News - North Canterbury, Extra! schools
Times South Canterbury