Australia's electricity train wreck has lessons for NZ

Australia's electricity train wreck has lessons for NZ
Meridian's Mike Roan says the company pulled out of Australia at the right time. (Image: Meridian)
Ian Llewellyn
The current turmoil in the Australian electricity market justifies Meridian Energy’s decision to sell its assets there and should also serve as a warning to those who want to tinker with the market in New Zealand, Meridian’s chief financial officer Mike Roan said.Speaking to BusinessDesk’s Frances Cook on a Sharesies’ Shared Lunch session, Roan said Meridian had been concerned at developments in Australia for some time and those concerns had manifested themselves dramatically this week.Earlier this week, Australia’...

More Policy

Govt announces first three 'regional deal' contenders
Policy

Govt announces first three 'regional deal' contenders

Ministers want regions to consider 'asset recycling', among other funding tools.

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

'There are some firms in NZ I won’t touch'
Policy

'There are some firms in NZ I won’t touch'

Adam Feeley on the reluctance to call out poor performers in NZ infrastructure sector.

Oliver Lewis 30 Jun 2025
Govt mandates high-rise zoning around key CRL stations
Policy

Govt mandates high-rise zoning around key CRL stations

Auckland Council will need to provide for building heights of at least 10-15 storeys.

Oliver Lewis 25 Jun 2025