Markets

Telcos must be more transparent, ComCom says

Dan Brunskill
Thu, 17 Sep 2020

The Commerce Commission has told New Zealand’s three mobile network operators to provide better comparison information to consumers or risk being regulated. A recent review of mobile bills by the commission found a quarter of consumers on monthly plans could save average of $11.60 a month by moving to a cheaper plan that still met their usage. A further 7 percent could potentially save almost $50 a month The mobile market study the commission undertook in 2019 found 68 percent of consumers never, or rarely, consider mobile options and 54...

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Markets

MARKET CLOSE: Profit taking pulls shares down

Dan Brunskill | Mon, 21 Sep 2020

Profit taking pushed New Zealand’s benchmark stock index more than 500 points below its record as investors found few reasons to buy with a global recession in progress. The S&P/NZX 50 Index fell 94.42 points, or 0.8 percent, to 11,539.10. Within the index, 34 stocks fell, 11...

Infrastructure

Power market trading rules 'unsatisfactory' - review

Gavin Evans | Mon, 21 Sep 2020

Spot electricity market trading conduct rules are flawed, legal experts say.

Retail

Why Turners kicked vendor off car yards

Victoria Young | Mon, 21 Sep 2020

Former owner's behaviour "random and unhelpful," court told in Turner's car yard battle.

Partner Content

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If there was ever a time when strong financial metrics were the single trademark of a good company, that time has long passed. Responsible investors need to know beyond the profit a company will generate this year or next.