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...

More Markets

Nvidia slump drags Wall Street and NZ sharemarket lower
Markets Market Close

Nvidia slump drags Wall Street and NZ sharemarket lower

The S&P/NZX 50 Index closed 20 points or 0.15% down at 13,419.40.

Jamie Gray 21 Nov 2025
RBNZ reopens Wellington office after asbestos mayhem
Finance

RBNZ reopens Wellington office after asbestos mayhem

Bank tight-lipped on how many staff are home-working as asbestos-hit office reopens. 

Andy Macdonald 21 Nov 2025
Oceania Healthcare extends dividend freeze
Markets

Oceania Healthcare extends dividend freeze

The retirement village operator hasn't paid a dividend since June 2023.

John Anthony 21 Nov 2025