Energy
Aurora to invest $750 million to fix decaying infrastructure
Aurora Energy has announced it will invest almost 750 million dollars in its electricity network over the coming decade to fix its decaying infrastructure. Audio
Electricity hikes loom as Aurora addresses fixes
Historical under-investment in Aurora Energy's lines network is set to hit consumers in the pocket from 2021.
High costs lead to abandoned cars
So far this year 1771 vehicles have been abandoned in Auckland. That doesn't count the ones just left on the road that are still registered. Auckland Transport says the number of abandoned cars is… Audio
Petrol expected to crack $3 per litre
There seems to be a near consensus that petrol will reach $3 per litre. Truck drivers have protested today and there was news of a dead rat to swallow - the Transport fund financed by fuel taxes… Audio
Motorists warned lower NZ dollar will push up petrol prices
Car owners are being warned they will feel the pinch hardest as the US dollar drives down the New Zealand currency and pushes up petrol costs.
High prices prompt some to consider petrol boycott
In some main centres the price of petrol has crept above $2.50 per litre - so some disgruntled motorists are trying to organise a stand against the industry, with more than 15,000 people expressing an… Audio
Petrol price rise
Bernard Hickey told us on The Panel last week that petrol could hit $2.50. Today Shamubell Yacoub reckons $2.70 by early next year. Audio
Company suing government over oil exploration decision
A New Zealand-owned oil and gas company that missed out on an oil exploration permit is suing the government for breach of procedure.
Aurora CEO threatens staff over leaks to media
Dunedin's Aurora Energy's Chief Executive Richard Fletcher has warned staff against leaking information to the media and threatened to bring in forensic experts if it continues. Audio
Worksafe 'satisfied' Aurora management responsible
New Zealand's health and safety watchdog is satisfied Aurora Energy is "now" responsibly managing its network.
Aurora Energy facing court action
The Commerce Commission is taking Dunedin-based electricity lines company Aurora Energy to court over breaches of quality standards.
ComCom taking Dunedin's power provider to court
The Commerce Commission has filed court proceedings against Dunedin City Council-owned power company Aurora Energy for failing to meet its quality standards in 2016 and 2017. Audio
Suspicions over electricity industry 'passive collusion'
An Auckland University economist suspects the energy industry is engaging in 'passive collusion' to influence prices to sustain excessive profits.
Audio
Electricity Authority skeptical of claims about energy generators' profits
The electricity market regulator says it's sceptical about claims energy generators pocketed an extra $5.5 billion over seven years.
Excessively profitable energy industry needs a redesign
An economist says the energy sector made excess profits of close to $5.5 billion over six years, disputing the findings of a government review earlier this week. Audio
Manufacturing activity low but steady
Manufacturing activity has improved marginally but remains in the doldrums. Audio
SLN's woes burden New Caledonia
New Caledonia mining dispute weighs on SLN nickel company. Audio
‘Most vulnerable households’ in energy hardship – Megan Woods
Energy and EQC Minister Megan Woods talks to John Campbell about surging power prices, as detailed in a government review, and the Natural Disaster Fund's depleting funds. The fund now has just $171m… Video, Audio
Residential power prices rise 79% in 28 years
More than 100,000 households are experiencing what is being described as "energy hardship", spending more than 10 percent of their income on power. A government review into power prices found… Audio
Power bills leave people struggling
Consumer NZ says access to affordable power is a basic consumer right but power companies aren't delivering. This is backed-up by the initial report by the Electricity Price Review. It's found 103,000… Audio