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UPDATE Privatisation candidate drops power prices 1.4 percent
(emphasises that the 1.4% cut is an average in a new third sentence) By Pattrick Smellie Jan 21 (BusinessDesk) - Mercury Energy, the electricity retailer owned by partial privatisation candidate MightyRiverPower, has announced its first across the board price cuts in a decade....
Japanese and US policy the focus of NZ Dollar market this week
Jan. 21 (BusinessDesk) – The New Zealand dollar will struggle to exhibit a clear trend this week with Japanese monetary policy and US budget policy at the top of traders’ minds. The kiwi recently traded at 83.46 US cents from 83.64 cents at 5pm on Friday. It may trade in a range...
Callaghan Innovation board put in place ahead of opening
Jan. 21 (BusinessDesk) - The government has recruited Navman founder Sir Peter Maire and Wynyard Group chief executive Craig Richardson to the board of its new high tech “one-stop-shop”, and put a woman in charge. New Zealand Trade and Enterprise director Robin Hapi and Professo...
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