Crackdown on land covenants a waste of time, says 2degrees founder Tex Edwards

Crackdown on land covenants a waste of time, says 2degrees founder Tex Edwards
Duopoly buster and 2degrees founder Tex Edwards. (Image: NZME)
Jem Traylen
The Commerce Commission has studied competition in major industries – fuel, supermarkets and building supplies – three times, and three times covenants on land deals have been identified as a significant issue.In a case of ‘fool me thrice’, the government has accepted the commission’s advice to investigate the issue across all sectors, but the founder of Monopoly Watch, Tex Edwards, said it’s just a distracting sideshow.He told BusinessDesk the horse has already bolted on covenants and that spending...

More Economy

US tariff risk less than expected for FPH, Jarden says
Economy

US tariff risk less than expected for FPH, Jarden says

Jarden says tariff-related impacts on earnings would be "nominal" by 2030.

John Anthony 04 Apr 2025
Iron sand project could deliver $265m GDP boost: NZIER
Economy

Iron sand project could deliver $265m GDP boost: NZIER

Iron sands mining in Taranaki could create 1365 jobs, NZIER report says.

John Anthony 04 Apr 2025
Trump’s tariffs may spur a more dovish RBNZ
Economy

Trump’s tariffs may spur a more dovish RBNZ

The risk appears more weighted to the RBNZ cutting the OCR further than otherwise.

Rebecca Howard 04 Apr 2025
NZX-listed companies take stock in wake of US tariff moves
Economy

NZX-listed companies take stock in wake of US tariff moves

Wine makers, manufacturers and others mull what trade wars will bring.

Ian Llewellyn 03 Apr 2025