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Are supermarkets devils or angels? ComCom asked to decide

Ian Llewellyn
Fri, 22 Oct 2021

Are supermarkets devils or angels? ComCom asked to decide
Are New Zealanders confused, befuddled shoppers or happy, savvy bargain-hunters? (Image: Deposit Photos)
Ian Llewellyn
Fri, 22 Oct 2021
Dominant supermarkets were accused of turning the screws on both customers and their suppliers in the second day of the Commerce Commission’s public hearings on supermarket competition today.Several allegations were made about predatory and misleading behaviour. The supermarkets rejected these, saying if half of the accusations were true, they would be breaches of current laws such as the Fair Trading Act.Today’s sessions focused on whether promotional pricing, such as specials, and regulated standardised unit pricing should be the...

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The next carbon auction: predicting the unpredictable
Ian Llewellyn | Tue, 30 Nov 2021

The fourth auction will offer up 4.75 million New Zealand units with the current spot price trading near $65.

Push to train Māori and Pacific for tech careers
Henry Burrell | Tue, 30 Nov 2021

Amazon’s cloud computing arm is training people in tech with guaranteed internships and a possible job at the end. 

Bank mortgage lending less frenzied but agri-lending falls
Jenny Ruth | Tue, 30 Nov 2021

All five largest banks except Westpac increased their lending to business in the September quarter. 

Mansons leads with 120% carbon offset for new builds

Mansons TCLM is committing to a benchmark of 120% carbon offset for new buildings.

SIXT drives the company car upmarket

SIXT is enhancing its adaptable car subscription service with SIXT Business, catering for businesses wanting premium vehicle fleets.