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1 Nov 2020 5:53
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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.

    © 2020 Newstalk ZB, NZCity


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