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Labour-Greens power policy at least five years off - MRP prospectus change
By Pattrick Smellie April 23 (BusinessDesk) - MightyRiverPower expects it would take at least four years for the Labour and Green party electricity policies to be enacted. With more than a year until the next scheduled election, that could make the promised power price cuts as...
Snakk Media share offer near bottom of valuation range
April 23 (BusinessDesk) - Snakk Media, the latest brainchild of Hyperfactory co-founder Derek Handley, wants to raise up to $2 million through a share purchase plan near the bottom of an independent adviser report's valuation range. The Auckland-based company will sell shares...
Opaque shipping arrangements prompt government regulation, Cabinet papers show
By Paul McBeth April 22 (BusinessDesk) - A lack of insight into the arrangements international shipping lines use to operate in New Zealand has inflamed fears the companies could be artificially pushing up freight costs and is central to the thinking behind a new regulatory regi...