New task force created to investigate wholesale electricity prices
The Energy Competition Task Force has been established by the Electricity Authority and the Commerce Commission.
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Category : RNZ business
Synlait’s former boss questions major shareholders’ voting rights
The former head of the dairy company is threatening to upset a vital meeting to save the financially strapped business.
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Meridian Energy $429m profit four times higher than previous year
The energy company said the outlook for 2025 was less positive.
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Government investment ‘big driver’ for solar power
A solar power company getting government investment aims to produce 15 percent of the country’s daytime electricity.
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The KiwiSaver fund that’s returned nearly 400%
These are the funds that have given investors the best returns over time.
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Tax department comes knocking – literally
For the first time in a long time, Inland Revenue is physically visiting those owing money.
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Hundreds at community meeting over central North Island mill closures
Locals fear the area will quickly become a ghost town, with one woman saying many families are already planning to leave for Australia.
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Building cost inflation return to ‘normal’ levels
Some material cost falls and supply chain shortages easing has helped inflation to get back to pre-pandemic levels, QV CostBuilder says.
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TSB Bank fined nearly $2.5m by Commerce Commission for overcharging customers
The High Court imposed the penalty after the Commerce Commission took legal action for historic breaches between 2015 and 2021.
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Building begins on NZ’s largest solar farm next to Christchurch Airport
It will have about 300,000 solar panels and is expected to generate enough renewable energy to power close to 36,000 homes.
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