Govt energy reforms boost power shares, Auckland Chamber calls out missed opportunity

Govt energy reforms boost power shares, Auckland Chamber calls out missed opportunity
Energy stocks rose on Government announcements. (Image: Getty)
Rebecca Howard
Shares in the major power companies rallied after the Government’s energy market reforms were announced, but the Auckland Business Chamber dubbed it a “missed opportunity”.The announcement contained a number of positive elements, but ultimately “does not go far enough” to address energy sector challenges or deliver the “bold action that is desperately needed”, the chamber said.“The problem is not what is included in the announcement, it’s what’s been left out. On their own, these measu...

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