Death knell for power companies' customer 'win-back' tactics
Retail

Death knell for power companies' customer 'win-back' tactics

Proposed new regulations will effectively kill off electricity companies' practice of wooing back departing customers with generous 'win-back' offers. The Electricity Authority is consulting on a proposed 180-day ban on "retailer-initiated saves and win-backs" after a customer...

Pattrick Smellie 05 Nov 2019
Liquidator clawbacks to be slashed for third-party suppliers
Law & Regulation

Liquidator clawbacks to be slashed for third-party suppliers

Liquidators' clawback powers will be slashed from two years to six months for payments made to third-party suppliers of failed companies under insolvency law reforms announced by Commerce Minister Kris Faafoi.At present, any supplier of goods or services to a company that turns o...

Pattrick Smellie 05 Nov 2019
OPINION: The China-NZ FTA upgrade - why now?
Economy Free

Pattrick Smellie: OPINION: The China-NZ FTA upgrade - why now?

Over Labour weekend, a Chinese naval vessel sailed through Cook Strait and spent the weekend tied up in Wellington harbour.Last week, the government issued a new defence policy paper that - unlike a similar document last year - was shorn of overt references to China's aggressive...

Pattrick Smellie 05 Nov 2019
Luxon a shoo-in for National in Botany
Policy

Luxon a shoo-in for National in Botany

Former Air New Zealand chief executive Christopher Luxon has all but sealed the political fate of dissident National Party MP Jami-Lee Ross by winning the party's selection as candidate for the Auckland electorate seat of Botany.Party leader Simon Bridges welcomed Luxon's selecti...

Pattrick Smellie 04 Nov 2019