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23 Feb 2026 15:17
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  •   Home > News > Business

    Disappointment for Aucklanders looking forward to an early Christmas present of a healthy Entrust dividend - from the owner of powerco Vector

    Disappointment for Aucklanders looking forward to an early Christmas present of a healthy Entrust dividend - from the owner of powerco Vector


    The dividend's tumbled to $280 for 340,500 Auckland households - down from $375 last year.

    The community trust is the majority owner of electricity and gas lines company Vector

    Tax changes are the main reason for the cut - which will be a blow to Aucklanders facing economic fallout from Covid-19.

    © 2026 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Moana Pasifika have been forced to scrap a home game in Tonga for a second straight year More...


    BUSINESS BUSINESS
    A boost for the retail sector, as sales increase across the country More...



     Today's News

    Accident and Emergency:
    Five hikers are lucky to be alive after a Mount Taranaki tramp yesterday 14:57

    Rugby:
    Moana Pasifika have been forced to scrap a home game in Tonga for a second straight year 14:17

    National:
    In Emerald Fennel’s Wuthering Heights, domestic abuse has been recast as consensual kink 14:17

    Politics:
    Marshall Islands launches first universal basic income scheme to stop outward migration 14:17

    Motoring:
    A diesel spill where three-vehicles have crashed at Orewa, in Auckland's north - has closed northbound lanes on State Highway One, since about midday 13:47

    Motoring:
    Shane van Gisbergen has finished a creditable sixth in the latest drama-filled NASCAR race in Georgia 13:37

    Law and Order:
    A Te Kuiti man's admitted to killing his 10-month-old son on the first day of his High Court trial in Hamilton 13:27

    Motorsports:
    A red flag following an 11-car pile-up has turned the latest NASCAR race into an overtime shoot-out 13:07

    National:
    The work women do has changed. The case for pay equity in NZ hasn’t 13:07

    General:
    For the Olympics to remain relevant, it is essential it embraces sustainability 13:07


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