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Gentailers forced to reveal pricing and profits

Ian Llewellyn
Thu, 02 Sep 2021

Major power companies have long rubbished accusations they use their own generation to subsidise retail operations (Image: Supplied)
Ian Llewellyn
Thu, 02 Sep 2021
The Electricity Authority is to require the major generator/retailing electricity generators to release information about their internal price transfers.The move is a reaction to claims the major gentailers subsidise their retail operations by selling cheap power to them and thus making smaller retail competitors pay more for electricity to meet their demand.This is one of the arguments put forward by those who want to split up the major gentailers to break their market dominance. Those major companies have rejected the allegations.As part of i...

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Bunnings case for ‘misleading advertising’ dismissed
Michael Andrew | Mon, 20 Sep 2021

The Auckland district court has thrown out charges brought against Bunnings by the Commerce Commission.

Primary Sector
NZ natural pet food company sold to Chinese firm
Rebecca Howard | Mon, 20 Sep 2021

But Ziwi says it will be "business as usual" for staff and the management team will continue to lead the business. 

SPAC deal to put Alvarium NZ on the Nasdaq
Dan Brunskill | Mon, 20 Sep 2021

The boutique asset manager owns Pathfinder Asset Management, Newton Ross, and is joint venture partner in Nuance Connected Capital.

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Taking a demand-driven approach to carbon reduction will naturally bring us into line with government targets.

Kiwi security technology leading the world

Businesses must take advantage of our home-grown, world-leading, internationally-valued cyber defence systems to manage risk.