Business
Markets
Improving lake levels good news for electricity prices
Wholesale electricity prices continued to plummet over the weekend as lake levels improved.Data from Energy Link showed that average prices were at $3.32 per megawatt-hour (MWh) at the Benmore price point and $3.22 at Ōtāhuhu on Monday.On Aug 29, they were $92.21 MWh and $100.22...
News in Brief
Tourist levy to enter NZ to be hiked by nearly 200%
An international tourism levy charged to visitors to New Zealand will increase to $100 – a jump of almost 200%. The government believes this decision will help boost economic growth and support conservation.The International Visitor Conservation and Tourism Levy (IVL) is currentl...
Infrastructure
ForBarr on fence about Fletcher pipe deal
There are still 'key unknowns', the analysts said.
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