Business
Policy
Post-covid power sector spending plans 'tone deaf'
The country’s energy industry is “tone-deaf” if its response to covid-19 and the loss of the Tiwai Point aluminium smelter is to consider building new capacity when many households can’t afford their electricity now, First Gas chief executive Paul Goodeve says. The industry ha...
Primary Sector
Scales shares drop 4.6% on withering earnings outlook
Scales Corp shares dropped 4.6 percent after the agribusiness was less upbeat about annual earnings as covid-19 hits global sales and prices.The company said it expects underlying net profit to be at the bottom end of its $30 million-to-$36 million guidance range in calendar 2020...
Policy
Gavin Evans: GAVIN EVANS: 100% Renewable - a $4b brand
If a country is benchmarking itself against Costa Rica, Iceland and Paraguay, there’s a good chance it’s measuring the wrong thing. But the Labour-led government is looking keenly to share in the “critical strategic advantage” that it ascribes to the cheap, 100 percent renewab...
Retail
Turners ready to help Kiwis replace almost 1m old clunkers
Turners Automotive Group is gearing itself for the looming requirement for New Zealanders to replace almost 1 million cars over the next few years.The country's largest auctioneer-turned-car-retailer said while the softening of the pre-owned car market last year had continued...
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