Low fixed charge regs to go as Govt looks to reduce household power costs

Low fixed charge regs to go as Govt looks to reduce household power costs
Gavin Evans
The government’s low fixed charge regime for power pricing is to be phased out as part of a suite of measures intended to put downward pressure on household electricity costs and increase competition. The 15-year-old regulations, originally intended to encourage power conservation and limit costs for the smallest power users, have been overtaken by new technologies and increasingly exacerbate hardship for large, low-income families. The government has tasked officials with developing specific proposals for phasing out the regime. The fina...

More Retail

Piercing chain SkinKandy making its mark in Kiwi malls
Retail

Piercing chain SkinKandy making its mark in Kiwi malls

The Australian piercing chain plans to have opened 10 NZ stores by December.

Foodstuffs South Island ‘merger costs’ bill rises
Retail

Foodstuffs South Island ‘merger costs’ bill rises

More than $11 million has been spent so far on ‘merger-related costs’.

Gregor Thompson 03 Jul 2025
Foodstuffs NI warned by ComCom over supplier treatment
Retail

Foodstuffs NI warned by ComCom over supplier treatment

It obstructed a supplier request, says Grocery Commissioner.

Staff reporters 02 Jul 2025
Retailers say unseasonable weather compounded woes
Retail

Retailers say unseasonable weather compounded woes

The Warehouse Group and KMD Brands have both downgraded guidance in recent weeks.

Gregor Thompson 02 Jul 2025