Improved electricity futures pricing may come next year

Gavin Evans
Tue, 27 Oct 2020

Additional firms, including banks and trading houses, could be providing liquidity for the electricity futures market by the end of next year.The Electricity Authority has been looking at ways to improve confidence in ASX futures prices and earlier this year said a broader pool of more diverse market makers could help that.It believes the change from the current voluntary arrangements with the four major generators – Contact Energy, Genesis Energy, Mercury NZ and Meridian Energy – to a commercial model could take several years.But i...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets Wake Up Call
Wake Up Call: No cheques, mate
Staff reporters | Fri, 25 Jun 2021

Westpac is going cheque free from today, the latest in a line of banks to do away with the old-school payment type.

How much more juice can IRD squeeze?
Paul McBeth | Fri, 25 Jun 2021

Is the tax department still fighting the battles of yesteryear with its Frucor case?

Oceania rejects Retirement Commissioner's call for law review
Jenny Ruth | Fri, 25 Jun 2021

Oceania Healthcare currently has more than 400 villas, units and care suites under construction.

Will your bach or business be underwater in 100 years?

As climate change brings rising sea levels and accelerated coastal erosion, tens of thousands of coastal homes and baches in New Zealand could be left at risk and uninsurable.

Partner Content
Business events are increasingly important for corporates

Working from home is great, but there's real value in face-to-face connections.