Flick tests new approaches to entice customers

Jenny Ruth
Wed, 05 Feb 2020

Jenny Ruth
Wed, 05 Feb 2020
Electricity retailer Flick Electric is testing new products, including combining electricity and petrol offers involving its major shareholder, Z Energy, in the hopes that it can begin growing customer numbers again.But chief executive Steve O'Connor told BusinessDesk that "our first job has been to protect our existing customers."That meant putting in place a hedged-style product. Dubbed Fixie, that allows customers to fix the generation part of their bills for six months at a time, but was "me too, and not particularly differentiated" from ma...
Policy
Auckland Council needs to fill $750m shortfall
Brent Melville | Wed, 15 Jul 2020

Auckland Council is facing a "larger than expected" fiscal hole of $750 million this year, including a provision of $224 million to shore up its creaking water infrastructure. In announcing its dec...

Retail
Ardern hints at mandatory contact tracing for businesses
Victoria Young | Wed, 15 Jul 2020

Prime Minister Jacinda Ardern today warned businesses to encourage contact tracing or she might force it upon them. “My message to businesses is to put that poster up. We’ve always said it was volu...

Economy
GAVIN EVANS: Southland jobs sacrificed to confused energy policy
Gavin Evans | Wed, 15 Jul 2020

The 2,600 jobs to be sacrificed in Southland next year are a high price to pay for confused energy policy and a multi-decade decline in this country’s economic ambitions. Despite the writing being...