Wake Up Call: Building consents hang on timber shortage

Tue, 01 Jun 2021

Summary: Eye-watering prices for gas and electricity in NZ could continue for the coming five years, an industry insider has warned. Australia’s central bank is expected to keep interest rates low when it meets today.Tear fears A gas sector insider has told BusinessDesk tight supply will cause skyrocketing gas and electricity prices into the foreseeable future. "Energy price rises over the next five years will be so eye-watering that the tears may themselves fill the lakes.” The anonymous commentator’s observations f...

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