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Labour's Parker recommended against power reforms in 2006
By Pattrick Smellie April 19 (BusinessDesk) - The single buyer model for electricity pricing would be more costly and less efficient than market arrangements, and would stifle innovation in energy efficiency and generation development, Labour's Energy Minister in 2006, David Par...
Meridian, Rio smelter talks continue as Labour-Greens plan muddies water
By Pattrick Smellie April 19 (BusinessDesk) - Meridian Energy and the owners of its largest customer, the Tiwai Point aluminium smelter, are continuing to talk after an intense three days' face to face negotiation last week, with parties in both Wellington and Sydney crunching n...
McDonald's, with shares near record high, pulls another big dividend from NZ unit
April 19 (BusinessDesk) - McDonald's Corp, which has seen its shares rise to a record high this month, pulled another large dividend out of New Zealand in 2012 as profit growth stalled at the local unit. McDonald’s Restaurants New Zealand, the local arm of world's largest fast...