
Policy
Record low interest ensures carbon auction failure
It means the govt will have less money for its fiscal plans.

Policy
Last carbon auction of year fails to clear
$900 miilion has slipped through the government's fingers.

Markets
Market close
NZ shares drift as Aussie central bank holds rates
The S&P/NZX 50 Index closed at 11,356.99, down 10.81 points or 0.10%.

Markets
Collaboration welcome says ComCom, collusion not
Watchdog explains how firms can avoid legal trouble.