Currencies

"...it is coming to the point the RBNZ may have to step in with direct intervention in the FX markets to give themselves a chance of reducing inflation next year and achieving their remit..."

by Roger J Kerr

Banking

"First-home buyers have been flocking to New Zealand’s second-largest lender to get on the property ladder."

electricity distributors

A composite image of a pylon overlayed with grid paper, a hand holding New Zealand money and an electrical plug.

Commerce Commission trims Orion NZ’s $1.5 billion investment plan

Commerce Commission’s draft decision to allow Orion NZ to spend $1.3 billion on a five-year electricity network upgrade falls $200 million short of Orion’s target but would keep power bill hikes lower than proposed

10th Nov 26, 2:09pm

by Ella Somers

Commerce Commission’s draft decision to allow Orion NZ to spend $1.3 billion on a five-year electricity network upgrade falls $200 million short of Orion’s target but would keep power bill hikes lower than proposed