Businesses hope for boom and more productivity but brace for surge in costs, 2degrees survey

2degrees CEO Mark Callandar says the incentives weren’t right for new electricity generation. (Image: Supplied)

Tue, 17 Jun 2025

Rising costs are still biting businesses, and the boss of 2degrees says some of the companies responsible for those price increases are hiding behind old excuses. In the face of a 2degrees survey revealing nearly a third of businesses faced cost increases of more than 40% over the past year, chief executive Mark Callander said electricity costs were likely a key part of the story.He said the incentives weren’t right for new electricity generation. He likened some of the excuses being rolled out against structural change in the electr...

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