Vector incurs deeper revenue cut in final ComCom reset

Gavin Evans
Wed, 27 Nov 2019

Vector, the country’s biggest electricity distributor, faces a further $14.6 million reduction in the maximum revenue it can make from its electricity network activities next year. The Commerce Commission today set maximum revenue allowances for most of the country’s lines businesses, with Vector’s set at $389.4 million – about $25 million less than allowed for the current year and about $14.6 million less than was signaled in May. Vector, which also operates gas pipelines, a solar business, and a metering and telecommunications arm, note...
Opinion
PATTRICK SMELLIE: Only two things can rescue Muller and the National Party now
Pattrick Smellie | Sun, 12 Jul 2020

Only two things can now save Todd Muller from the growing likelihood of a crushing electoral defeat.

Opinion
ON THE MONEY: Boag, BNZ, Crimson and more
Victoria Young | Sat, 11 Jul 2020

Professional distancing We’re sure public relations expert and National Party stalwart Michelle Boag has had a few ups and downs in her colourful career, but you know things are rough when one of your...

Opinion
JEHAN CASINADER: Politicians are the worst advertisement for democracy
Jehan Casinader | Sat, 11 Jul 2020

In Wellington, when it rains, it pours.In recent weeks, there has been a steady stream of political scandals. Blunders, sagas, hiccups and missteps – too many to count.These events remind us why so ma...

The role of private equity in the wake of COVID-19

As local covid-19 restrictions ease, a new business cycle is beginning in New Zealand.

Sponsored: What’s next for the future of the office?

Think everyone is going to keep working from home? No so fast, says Milford Asset Management.