News | Business
19 Feb 2019 15:28
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Calls for the Commerce Commission to investigate potential restrictive trade practices and collusion by electricity generators

    Calls for the Commerce Commission to investigate potential restrictive trade practices and collusion by electricity generators


    Entrust believes some of our biggest electricity providers are supplying Tiwai Aluminium Smelter with electricity at an artificially low-cost - at the expense of consumers.

    Entrust chairman William Cairns says indications from a power company, show they're providing power to Tiwai - at the cost of operating and fuel only.

    He says this means residential and New Zealand-owned businesses are missing out on cheaper, more affordable electricity - which will also be affecting job growth and lower-cost goods and services.

    William Cairns says it's corporate welfare at its most cynical - stifling power competition and sending benefits straight offshore to the 100-percent foreign-owned company.

    © 2019 Newstalk ZB, NZCity


     Other Business News
     19 Feb: The budget to earthquake strengthen Wellington's Town Hall has blown out
     19 Feb: Another budget blowout for earthquake strengthening Wellington's Town Hall
     19 Feb: The Revenue Minister says talk of taxing internet companies, isn't an attempt to soften the blow of potential tax reform
     19 Feb: Media company NZME has reported a net profit of 11.6 million dollars - and says it will launch an online paywall in the second quarter of this year
     19 Feb: The Government could ban Lime scooters from operating under the Fair Trading Act
     18 Feb: The Government's looking at tax changes - to ensure digital companies like Facebook and Amazon pay their fair share
     18 Feb: Kiwis have more breweries per capita than anywhere else in the world
     Top Stories

    RUGBY RUGBY
    One game into the Super Rugby season, and Melani Nanai's future has been revealed More...


    BUSINESS BUSINESS
    The budget to earthquake strengthen Wellington's Town Hall has blown out More...



     Today's News

    Law and Order:
    Sydney man who confronted bodybuilder in his home posted on Reddit about thieves 15:27

    Rugby League:
    Family is the only thing weighing on Stephen Kearney's mind as looks to extend his tenure as head coach of the Warriors 15:27

    Law and Order:
    Police are continuing to investigate an attack on a miniature horse 15:17

    Entertainment:
    Penelope Cruz doesn't want to work with Javier Bardem "all of the time" 15:07

    Law and Order:
    The Council's losing patience with farmers unlawfully discharging dairy effluent 15:07

    Law and Order:
    Malcolm Rewa's legal team has this afternoon to cement its case 14:47

    Entertainment:
    Sarah Jessica Parker has been speaking to Andy Cohen on an almost-daily basis since he became a dad 14:37

    Entertainment:
    Jenna Coleman's most embarrassing moment centred around a sandwich 14:07

    Business:
    The budget to earthquake strengthen Wellington's Town Hall has blown out 14:07

    International:
    The Venezuelans in Florida who 'love Donald Trump' and could help him in 2020 13:47


     News Search






    Power Search


    © 2019 New Zealand City Ltd