ComCom decision 'enhances' environment for Auckland airport, analysts say

ComCom decision 'enhances' environment for Auckland airport, analysts say
Auckland airport has a $4.9 billion construction programme planned for the next five to six years. (Image: Supplied)
John Anthony
Analysts say the Commerce Commission has served up some early Christmas cheer for Auckland International Airport after a final decision on input methodologies allows for greater returns than earlier indicated. Last week, the Commerce Commission (ComCom) made its final decisions on its seven-yearly review of regulated airports' input methodologies (IMs).The IMs are the rules and processes the commission sets to help provide certainty about how it will regulate specific services.They apply to key components of the regulatory regime, such...

More Markets

Comvita opens books to bidder, cuts costs
Markets

Comvita opens books to bidder, cuts costs

The honey firm is finding a further $10m in costs to cut as it also cuts back guidance.

The Warehouse forced back to basics
Markets

Rebecca Stevenson: The Warehouse forced back to basics

While its rivals were fighting for customers, The Warehouse obsessed about itself.

Michael Hill to cut costs as weak sales persist
Markets

Michael Hill to cut costs as weak sales persist

Total sales across its three operating markets – Australia, Canada and NZ – grew 4.7%.

Want to buy SpaceX stock? You have to know someone
Markets

Want to buy SpaceX stock? You have to know someone

Shares in Elon Musk’s rocket and satellite company are a hot ticket for investors.