Some home truths about deindustralisation and the energy sector

Some home truths about deindustralisation and the energy sector
Genesis boss Malcolm Johns said NZ has some basic facts to face up to. (Image: NZME)
Ian Llewellyn
The deindustrialisation of the New Zealand economy was continuing to unfold partly due to a range of issues within the energy sector, a panel of experts said on Friday.Speaking shortly after it was announced that paper production would end at the Kinleith mill, the panellists at the University of Waikato Economics forum said NZ had to face up to a few home truths about the economy.Stuart McCall, managing director of Methanex’s NZ operation, said NZ had a world-class electricity system with levels of renewables that were the world's en...

More Markets

NZX down as property company gets key renewal
Markets Market Close

NZX down as property company gets key renewal

ASB Bank has extended the lease for its downtown Auckland site for another nine years.

Anna Scott joining Mercer
Markets

Anna Scott joining Mercer

Former Smart boss will replace current Mercer chief executive Martin Lewington.

Solar still on the rise, Ecotricity says
Markets

Solar still on the rise, Ecotricity says

Commercial solar generation is up almost 300%.

Expectations of rate cuts boost NZ sharemarket in light trade
Markets Market close

Expectations of rate cuts boost NZ sharemarket in light trade

There were 89 rises and 48 falls on the main board.

Jamie Gray 02 Jul 2025