A positive financial result has gentailer Meridian thinking about infrastructure upgrades. 

It recorded a half year profit after tax of $227 million.

Chief executive Mike Roan says they're considering increasing capacity at the Pukaki dam in the Mackenzie basin. 

He says it's still early days though. 

"The question that I've asked the team is - is it economic to do it? Does it actually make financial sense to expand the amount of hydro storage that we've got?"

LISTEN ABOVE

A positive financial result has gentailer Meridian thinking about infrastructure upgrades.&nbsp;
It recorded a half year profit after tax of $227 million.
Chief executive Mike Roan says they're considering increasing capacity at the Pukaki dam in the Mackenzie basin.&nbsp;
He says it's still early days though.&nbsp;
"The question that I've asked the team is - is it economic to do it? Does it actually make financial sense to expand the amount of hydro storage that we've got?"
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Mike Roan: Meridian Energy CEO on the company delivering a higher than expected net profit

The head of France’s Louvre museum has resigned after a months-long string of scandals, including the brazen daylight theft of priceless jewels.

Laurence des Cars submitted her resignation letter to President Emmanuel Macron, after facing months of pressure since the October robbery of US$100 million ($167.5m) of French crown jewels. 

UK correspondent Gavin Grey says some believe this resignation was a long time coming, as confidence in the Louvre has plummeted.

LISTEN ABOVE

The head of France’s Louvre museum has resigned after a months-long string of scandals, including the brazen daylight theft of priceless jewels.
Laurence des Cars submitted her resignation letter to President Emmanuel Macron, after facing months of pressure since the October robbery of US$100 million ($167.5m) of French crown jewels.&nbsp;
UK correspondent Gavin Grey says some believe this resignation was a long time coming, as confidence in the Louvre has plummeted.
LISTEN ABOVE

Gavin Grey: UK correspondent on Louvre director Laurence des Cars resigning after 2025 jewel heist

On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 25 February, 2026, we talk to Transport Minister Chris Bishop about plans to let E-scooters use cycle lanes and allow children under-12 to ride their bikes on the footpath.

Why the Reserve Bank wants banks to set up more ATMs and branches.

Real Estate agent Rawdon Christie tells us why so many newly built townhouses aren't selling.

And on The Huddle, Thomas Scrimgeour and Jack Tame assess Donald Trump's record one hour 47-minute State of the Union speech.

Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

LISTEN ABOVE

On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 25 February, 2026, <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/chris-bishop-transport-minister-on-the-government-proposing-to-make-it-legal-to-ride-e-scooters-in-cycle-lanes/">we talk to Transport Minister Chris Bishop about plans to let E-scooters use cycle lanes and allow children under-12 to ride their bikes on the footpath.</a>
Why the Reserve Bank <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/ian-woolford-reserve-bank-money-and-cash-director-on-the-rbnz-urging-banks-to-provide-cash-services-to-customers/">wants banks to set up more ATMs and branches.</a>
Real Estate agent <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/rawdon-christie-real-estate-agent-on-the-rise-in-townhouses-taking-too-long-to-sell/">Rawdon Christie tells us why so many newly built townhouses aren't selling.</a>
And on The Huddle, <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/the-huddle-does-australia-really-need-more-mps/">Thomas Scrimgeour and Jack Tame assess Donald Trump's record one hour 47-minute State of the Union speech.</a>
Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.
LISTEN ABOVE

Full Show Podcast: 25 February 2026 

New Zealand won't be going cashless anytime soon under the Reserve Bank's new proposal. 

It wants to set up 1300 multi-bank hubs to provide full services free of charge.

The plan ensures those in urban areas can walk to get cash - and the drive for those living rurally is reasonable. 

NZ Herald Wellington business editor Jenee Tibshraeny explained further.

LISTEN ABOVE

New Zealand won't be going cashless anytime soon under the Reserve Bank's new proposal.&nbsp;
It wants to set up 1300 multi-bank hubs to provide full services free of charge.
The plan ensures those in urban areas can walk to get cash - and the drive for those living rurally is reasonable.&nbsp;
NZ Herald Wellington business editor Jenee Tibshraeny explained further.
LISTEN ABOVE

Mike Roan: Meridian Energy CEO on the company delivering a higher than expected net profit

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