Cheaper, cleaner power - the political allure of 'pumped hydro'

Cheaper, cleaner power - the political allure of 'pumped hydro'
Pattrick Smellie
A government facing an intractable problem in one area will often respond by diverting attention to an area of similar or equal weight, but where a decisive response beckons.In the current example, the government’s intractable problem is the runaway unaffordability of housing in New Zealand, an issue political leaders of all stripes have acknowledged for more than a decade and failed to deal with.The debate is a stunted pastiche now. House prices rise, commentators call for a capital gains tax as if that would fix the problem, the governm...

More Economy

Monthly CPI tech takes Stats NZ into the future
Economy

Monthly CPI tech takes Stats NZ into the future

Budget funding for new inflation-reporting tech is a giant leap forward, agency says.

Maria Slade 27 Jun 2025
Corporates think NZ 's on the up: Forsyth Barr
Primary Sector

Corporates think NZ 's on the up: Forsyth Barr

The Pulse of NZ Business survey found construction and retail continue to lag.

Gregor Thompson 25 Jun 2025
S&P/NZX 50 Index opens down after US strike on Iran
Economy

S&P/NZX 50 Index opens down after US strike on Iran

NZD/USD also under pressure as investors seek safe haven. 

Rebecca Howard 23 Jun 2025