While house prices have fallen, the Reserve Bank said they are still “above their sustainable level”.
Treasury claimed there was no valuation backing the sale price of a large government asset. Yeah, right.
The Green party says power companies are making too much money and should be taxed more. The gentailers say things are more complicated than that.
New Zealand is strangely unwilling to shake up its existing electricity market arrangements to stop coal prices making renewable energy more expensive than it needs to be, argues departing Genesis Energy CEO.