Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Import News: Government to Review Shipping Cartels

Import News from the Importers Institute

8 May 2000 - Government to Review Shipping Cartels

The Government intends to review the exemptions and exceptions for shipping included in the Commerce Act, says Acting Minister of Commerce Trevor Mallard.

The Minister was responding to an earlier item of Import News, "Executives Caught Fixing Prices", 19 March 2000, in which we revealed that an exemption to the Act allowed six shipping companies to collectively raise their prices by more than $700 for a 20ft container imported from the US.

Mr Mallard told the Importers Institute the Government was "committed to a fair and competitive shipping policy" and had extended the final reporting deadline for the review from June this year to 31 March 2001.

The Government also intends to appoint the New Zealand Shipping Industry Review Team to conduct an inquiry into the future of the shipping industry. The Importers Institute has written to the Minister of Transport, Mark Gosche, to register an interest in that review.

The Importers Institute welcomes the Government's commitment to a fair and competitive shipping policy.

* *

Previous Import News items are published on our Internet site http://www.silva.co.nz. If you do not wish to be included in this mailing list, please reply to this message with the word REMOVE in the subject line. If you would like us to send Import News to friends or associates, please ask them to email info@importers.org.nz with the word SUBSCRIBE in the subject line.


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Super Fund/Canada Bid v NZTA: Tow Preferred Bidders For Auckland Light Rail

The two preferred delivery partners for Auckland light rail have been chosen and a final decision on who will build this transformational infrastructure will be made early next year, Minister of Transport Phil Twyford announced. More>>

ALSO:

9.3 Percent: Gender Pay Gap Unchanged Since 2017

“While it has remained flat since 2017, the gender pay gap has been trending down since the series began in 1998, when it was 16.2 percent,” labour market statistics manager Scott Ussher said. More>>

ALSO:

Ex-KPEX: Stuff Pulls Pin On Media Companies' Joint Ad-Buying Business

A four-way automated advertising collaboration between the country's largest media companies is being wound up after one of the four - Australian-owned Stuff - pulled the pin on its involvement as part of a strategic review of its operations ... More>>

Bus-iness: Transdev To Acquire More Auckland And Wellington Operations

Transdev Australasia today announced that it has agreed terms to acquire two bus operations in Auckland and Wellington, reaching agreement with Souter Investments to purchase Howick and Eastern Buses and Mana Coach Services. More>>

ALSO: