Costs, prices and the elephant in the room: gentailers report

Costs, prices and the elephant in the room: gentailers report
Tiwai aluminium smelter – the elephant in the room everyone likes to talk about. (Image: BusinessDesk)
Ian Llewellyn
Electricity generators generally had common themes in their half-year reporting – rising revenue and costs with higher prices rolling onto customers where it was possible.They all put forward plans for building more generation. Still, they pointed to the elephant in the room that everyone wants to talk about – whether the Tiwai Point aluminium smelter will renew an electricity supply contract beyond the end of this year.All expressed hope that a deal would be reached but were naturally constrained in discussing how their part was go...

More Markets

Craigs beefs up in Hawkes Bay, eyes further expansion
Finance

Craigs beefs up in Hawkes Bay, eyes further expansion

Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.

NZ dollar on watch ahead of 3Q GDP, Fed signals
Markets

NZ dollar on watch ahead of 3Q GDP, Fed signals

Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.

Seeking a faster, sharper ComCom
Economy

Seeking a faster, sharper ComCom

A ‘gold standard’ approach and siloed structure slow the ComCom down.

NZ sharemarket drifts flat as Fed decision looms
Markets Market Close

NZ sharemarket drifts flat as Fed decision looms

The S&P/NZX 50 Index closed down 0.05% or 6.5 points.

Tom Raynel 17 Sep 2025