News in Brief
News in Brief
Law & Regulation
ComCom consulting on electricity line charges
The Commerce Commission has released its initial views on what the future cap should be on increases to local lines charges in consumers' power bills.The lines distribution component is about 27% of the total bill paid by electricity consumers, and every five years, the Comme...
Markets
Jarden slashes My Food Bag target price by 44%
Jarden has slashed its target price for the New Zealand stock exchange-listed My Food Bag but has retained its buy rating despite a challenging environment.It’s revised its target price by 44% to 25c a share, down from 45c.Year-to-date, the meal-kit company’s share price is down...
Public sector
Auckland council acting chief Phil Wilson confirmed in top job
Wilson beat three other short-listed candidates.
Union members endorse new water sector employment framework
The agreement will set up a new model for employing staff in the water sector.
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