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18 Feb 2026 16:59
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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

     Other Business News
     18 Feb: The Reserve Bank's kept the Official Cash Rate unchanged at 2.25 percent
     18 Feb: An improving financial situation for one of our largest companies, Fletcher Building
     18 Feb: A sharp rise in food inflation could unfortunately be out of our control
     18 Feb: Dairy prices have risen another 3.6 percent at this morning's latest Global Dairy Trade auction
     17 Feb: New Zealand lamb is still a premium product in the UK, 144 years since the first shipment of 5000 carcasses sailed out of Port Chalmers in 1882
     17 Feb: The Finance Minister's accusing Labour of scraping the barrel with its questions in Parliament
     17 Feb: Advice so New Zealanders can get more bang for their buck when buying bread - as food price inflation lifts
     Top Stories

    RUGBY RUGBY
    Leicester Fainga'anuku's been benched for Sunday's Super Rugby clash between the Crusaders and Brumbies in Christchurch More...


    BUSINESS BUSINESS
    The Reserve Bank's kept the Official Cash Rate unchanged at 2.25 percent More...



     Today's News

    Rugby:
    Leicester Fainga'anuku's been benched for Sunday's Super Rugby clash between the Crusaders and Brumbies in Christchurch 16:27

    International:
    Is it ever a good idea to stay together for the kids? 16:27

    Entertainment:
    Maya Hawke and Christian Lee Hutson have officially said "I do" 16:27

    Entertainment:
    Bad Bunny's Super Bowl halftime performance has been cleared of any broadcast violations following a review by the Federal Communications Commission 15:57

    Basketball:
    Bittersweet injury news for the Breakers ahead of their final regular season Australian basketball league game 15:27

    Entertainment:
    Brooklyn Beckham has vowed to "forever protect" his wife Nicola Peltz-Beckham amid his feud with his parents 15:27

    Business:
    The Reserve Bank's kept the Official Cash Rate unchanged at 2.25 percent 14:57

    Entertainment:
    Cynthia Erivo has addressed the "strange fascination" surrounding speculation that she and her Wicked co-star Ariana Grande are more than friends 14:57

    Rugby League:
    Briton Nikora is the latest Kiwis international to put his hand up for State of Origin duty 14:47

    Entertainment:
    Amy Schumer created a "crying corner" on Valentine's Day (14.02.26) amid her divorce from Chris Fischer 14:27


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