Articles tagged Commerce Commission

The Government’s part-ownership of three of the country’s biggest electricity generators makes it a major beneficiary of the over-pricing in the retailer power market, industry executives and regulators heard on Thursday. Gavin Evans reports.

Regional Economic Development Minister Shane Jones accused Fonterra of being disconnected from farmers and called on Chairman John Wilson to resign. The US Federal Reserve raised its key cash rate to around 2.0 percent and signaled two more hikes this year. This if the first time New Zealand's OCR has been below America's official rate.