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Mighty River

Greens/Labour policy well down list of MRP's biggest worries – Woodward

Rated far lower than many other risks the power company faces.

It’s the market, stupid: that’s how power works

Rodney Hide

HIDE SIGHT A government can regulate prices downward. But that doesn’t change the cost of suppling electricity.

ASK ME ANYTHING: Carl Hansen - UPDATED with new answers

Electricity Authority CEO Carl Hansen

Mighty confused or Mighty worked up over the Mighty River IPO, and the Greens/Labour counter-assault? One of the players at the centre of it all, Electricity Authority CEO Carl Hansen fields readers' questions.

MRP offer temporarily suspended; share refunds offered

Labour/Greens power policy successfully sabotages Mighty River float - at least for a few hours. PLUS: Forsyth Barr labels policy a "hand grenade."

NZ POLITICS DAILY: Greens/Labour power policy lands like a bomb

The opposition has made itself relevant in one stroke - "a player rather than a critic."

Use Kiwisaver to buy back Contact, Mighty River - Peters

Winston Peters on The Nation (TV3)

Possible Labour-Greens coalition partner wants to use Cullen and Kiwisaver funds be used to re-nationalise power companies.

An Open Letter to David Shearer and David Parker

Davids Shearer and Parker

Dear David and David, I have read with interest the policy document you released this week: NZ Power, Energising New Zealand. I wonder if you could clarify a few points for me.

Parker, Shearer at odds over power policy

David Parker (TV3)

Pair differ in crucial area of dividends.

Electricity policy - Labour just changed the conversation

Labour leader David Shearer with Greens leader Russel Norman

 For those close to the development of today's electricity market over the last 25 years or so, the Labour and Green party announcements on a return to central planning have landed like a bomb.

Labour-Greens power policy could work, says Vector CEO Mackenzie

Vector boss Simon Mackenzie

There is "no perfect model" for electricity systems and other countries use similar methods to set prices and to procure investment.

Mixed poll news for Nats - and a slip of the tongue for Shearer

Shearer: "John Key is just talking out his mouth" on Mighty River

One survey sees government support at a seven-year low. PLUS: Shearer in "John Key just speaking out of his mouth" shocker.

MRP refuses to release engineer's report

Mighty River Power's Ohakuri dam (TV3)

NBR is told an independent report into Mighty River Power's generation assets "is not publicly available".

Contact shares at two-month low, says 'hard to see' investment under power proposal

Dennis Barnes: $2.5 billion invested in five years

A fall of almost 6% in early NZX trading today.

Mighty River Power share offer opens today

Bill English

Share offer opens today with New Zealanders having three weeks to apply to buy shares. Labour threatens regulation if it wins office.

Don and Doug's golden handshakes prompt howls of rage

Don Elder: $250,000 and working from home

The payout debate is back in the headlines, sending “concerned” citizens into paroxysms of rage.

UPDATE: Government intervenes after Rio Tinto pressure on smelter power contracts

The government is offering unspecified assistance to keep the Bluff smelter open in the short term, which could save next month's float of Mighty River Power but blows away its hands-off policy on state-owned companies' commercial affairs.

Heffernan leaves next year with $500k special payout

Doug Heffernan

Founding chief executive of Mighty River Power to leave the company after 16 years at the helm.

Mighty River pre-registration exceeds 335,000

The Contact Energy offering in 1999 took the same time to reach just 100,000.

NZ POLITICS DAILY: The left's lose-lose SOE strategy

It's time for Labour and the Greens to move on from assets sales - which will be a net vote-winner for the government, one commentator says.

Mighty River pre-registrations top 200,000

New total hit at 3.30pm today.

Labour MPs put Mighty River on the spot over ASX listing

Joan Withers: didn't rise to the bait

The company's first appearance before a parliamentary select committee since the government confirmed its part-privatisation.

Govt plans $1.4m Mighty River ad blitz (updated with VIDEOS)

First three weeks of campaign will target mum-and-dad investors, followed by a more tilt at more sophisticated investors.

Mighty River Power to have secondary listing on ASX, up to 90% kiwi uptake seen

PLUS: Prime Minister confirms mid-May listing, pre-registration tomorrow.

Supreme Court throws out Maori Council's Mighty River appeal

Partial privatisation of Mighty River Power will not impair to a material extent the Crown's ability to remedy any Treaty breach in respect of Maori interest in the river.

Cabinet to rubber stamp partial asset sales on Monday

Government not sure if shares will be offered before the Budget on May 16.

Supreme Court decision opens way for privatisations

Chief Justice Dame Sian Elias

The court gives Maori claimants a small bone by rejecting findings last year in the High Court that the cabinet decision to sell a stake in MRP could not be judicially reviewed.

Treaty industry a massive and mischievous fraud

The signing of the Treaty of Waitangi in 1840

Cabinet holds back on asset sales, waits for Supreme Court

Prime Minister John Key says cabinet could have passed an Order in Council today to proceed with the sale, but it would have been "churlish" to do so.

Supreme Court to ignore govt deadline on water rights decision

A decision by next Monday on the Maori Council's appeal to halt partial privatisation of Mighty River Power may not be met.

Asset sales prospectus will consider water rights, court told

The Supreme Court building in Wellington

The Crown argues its case in the Supreme Court hearing into the government's partial asset sales plan.