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

 


Commerce Commission decision good for industry and NZ

Commerce Commission decision good for industry and New Zealanders


InternetNZ today welcomes the Commerce Commission’s sensible decision to extend the copper pricing consultation, saying it will provide a better result for Kiwi consumers and businesses alike.

After the Commerce Commission had stated it aimed to get the final pricing principle completed by December 1st, InternetNZ and several other organisations submitted that the Commerce Commission was unnecessarily rushing to suit Chorus and that this would only create further problems down the track.

InternetNZ Work Programme Director Andrew Cushen is delighted that the Commission is thinking more seriously about its obligations.

“It’s pleasing to see that the Commission is going to take more time than it originally said. The extension will address some of the issues we raised in our submission.

“The work the Commerce Commission is asked to do is very difficult and certainly complex. Rushing for the sake of rushing was never a good move. If the industry genuinely wants certainty it will welcome this announcement as a step in the right direction.”

Mr Cushen said that InternetNZ would be submitting at every juncture of this process and was looking forward to working with the Commerce Commission to provide a happy ending to what has been a difficult process.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Gordon Campbell: On Tiwai Point (And Saying “No” In Greece)

Its hard to see how Rio Tinto’s one month delay in announcing its intentions about the Tiwai Point aluminium smelter is a good sign for (a) the jobs of the workers affected or (b) for the New Zealand taxpayer. More>>

ALSO:

Half Empty: Dairy Product Prices Extend Slide To Six-Year Low

Dairy product prices continued their slide, paced by whole milk power, in the latest GlobalDairyTrade auction, weakening to the lowest level in six years. More>>

ALSO:

Copper Broadband: Regulator Set To Keep Chorus Pricing Largely Unchanged

The Commerce Commission looks likely to settle on a price close to its original decision on what telecommunications network operator Chorus can charge its customers, though it probably won’t backdate any update. More>>

ALSO:

Lower Levy For Safer Cars: ACC Backtracks On Safety Assessments

Dog and Lemon: “The ACC has based the entire levy system on a set of badly flawed data from Monash University. This Monash data is riddled with errors and false assumptions; that’s the real reason for the multiple mistakes in setting ACC levies.” More>>

ALSO:

Fast Track: TPP Negotiations Set To Accelerate, Groser Says

Negotiations for the Trans-Pacific Partnership will accelerate in July, with New Zealand officials working to stitch up a deal by the month's end, according to Trade Minister Tim Groser. More>>

ALSO:

Floods: Initial Assessment Of Economic Impact

Authorities around the region have compiled an initial impact assessment for the Ministry of Civil Defence, putting the estimated cost of flood recovery at around $120 million... this early estimate includes social, built, and economic costs to business, but doesn’t include costs to the rural sector. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news