Top oil analyst slams 'errors and misrepresentations' in govt's offshore exploration ban
By Pattrick Smellie May 25 (BusinessDesk) - Government ministers are peddling a range of "incorrect or misleading" arguments about the impact of its ban on issuing new licences for offshore oil and gas exploration, says leading oil and gas sector analyst John Kidd in a note fo...
The Achilles heel in electrifying the NZ economy: winter shortages
By Pattrick Smellie May 23 (BusinessDesk) - Power shortages during winters when there is not enough water, wind or sun remain the Achilles heel in New Zealand's otherwise huge potential to move most of its fossil fuel-driven economy to renewable electricity, says a new report...
Secure energy supply vital to future of NZ heavy industry, says smelter boss
By Pattrick Smellie May 21 (BusinessDesk) - Energy-intensive heavy industry has a long term future in New Zealand, but only if policies to decarbonise the economy can deliver a secure energy supply, says the outgoing chief executive of New Zealand Aluminium Smelters, Gretta St...
BUDGET 2018: Bracket creep, wage growth and avoidance crackdowns fuel tax take rise
By Pattrick Smellie May 17 (BusinessDesk) - Rising wages that take people into higher tax brackets, a growing population fueling economic activity, and a series of new revenue-gathering crackdowns are forecast to yield the government $5.7 billion more tax revenue over the five...