Beware politicising petrol prices, MPs warned

Beware politicising petrol prices, MPs warned
Petrol prices are a "bread and butter" issue. (Image: Getty)
Paul McBeth
The BusinessNZ Energy Council is urging politicians to beware of politicising petrol prices if they give the green light to regulating the wholesale market if it looks like participants aren’t playing fair. Parliament’s economic development, science and innovation select committee is considering submissions on the Fuel Industry Amendment Bill which, if passed, will introduce regulatory powers to set prices for up to 10 years if wholesale suppliers aren’t acting in a competitive manner. The bill goes a step further th...

More Law & Regulation

Damien Grant 'stacked creditor vote', US lender claims
Property

Damien Grant 'stacked creditor vote', US lender claims

Ormiston Rise funder Arena is taking court action to have the liquidator removed.

Employers behaving badly
Law & Regulation

Rachael Judge: Employers behaving badly

The consequences can be significant for employers.

Rachael Judge 22 Apr 2025
Rise in liquidations compounded by IRD crackdown
Economy

Rise in liquidations compounded by IRD crackdown

The IRD filed two-thirds of creditor applications in the March quarter.

Gregor Thompson 22 Apr 2025
ComCom clears Woolworths ready-meal deal
Retail

ComCom clears Woolworths ready-meal deal

The Commerce Commission granted clearance for Woolworths Group to acquire ready-meal manufacturer Beak & Johnston.Through facilities in New Zealand and Australia, Beak & Johnston (B&J) makes and supplies ready-to-eat meals under its brands to grocery retailers, wholesalers, and f...

Gregor Thompson 17 Apr 2025