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22 Dec 2025 18:41
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  •   Home > News > Business

    Front up and explain yourselves

    Front up and explain yourselves


    That's the blunt order from the State Owned Enterprises Minister to our biggest electricity generator - Meridian Energy.

    The Electricity Authority last month released a preliminary decision that found Meridian may have spilled water unnecessarily - causing gas generation to fire up... and consumer prices to rise.

    Winston Peters says its Board Chair and Chief Executive have now been told to front up to his office - before the House rises in early August.

    He says it's a damning finding... and it's unacceptable to essentially gerrymander the market for profit.

    © 2025 Newstalk ZB, NZCity

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     22 Dec: A big focus on financial performance at state-owned farms
     20 Dec: Sport New Zealand chief executive Raelene Castle has shed light on the challenge sports administrators face between balancing transparency and confidentiality
     20 Dec: A mixed bag for Kiwi businesses to start December
     20 Dec: Optimism in the hospitality sector, despite consumer spending tracking below last year
     Top Stories

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    The eyes of officials are being given extra trust at next year's under-20 World Rugby Championship in Georgia More...


    BUSINESS BUSINESS
    Investigations are underway into a case of dumpster diving for cheese and then selling it on the black market More...



     Today's News

    Environment:
    Wellington Water crews are responding to a wastewater overflow in Grenada Village which flows to the Porirua Stream 18:37

    Entertainment:
    Leonardo DiCaprio doesn't want to direct - because he doesn't think he'd be as good as Martin Scorsese 18:20

    Rugby:
    The eyes of officials are being given extra trust at next year's under-20 World Rugby Championship in Georgia 18:07

    Rugby:
    The New England Patriots have clinched a spot in the NFL's playoffs with two weeks to spare after a 28-24 win over the Baltimore Ravens 18:07

    Entertainment:
    George Clooney has given up "kissing girls" on screen due to his advancing years 17:50

    Business:
    Investigations are underway into a case of dumpster diving for cheese and then selling it on the black market 17:27

    Entertainment:
    Demi Lovato and Jutes enjoyed a "movie moment" during the first dance at their wedding 17:20

    Business:
    Consumer spending is picking up as we head into Christmas - but is still tracking behind last year 16:57

    Entertainment:
    Rob Reiner and his wife Michele Singer Reiner have been found dead at their home in Los Angeles 16:50

    Basketball:
    Coach Petteri Koponen is expecting the Bullets to fire in tonight's NBL basketball clash in Brisbane 16:27


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