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

 

Commission releases preliminary issues paper for fuel market

The Commerce Commission has today released a preliminary issues paper
for the retail fuel market study.

The paper seeks responses on questions raised in this paper from industry participants and other interested parties. This will assist the Commission in its study into factors that may affect competition in the supply of retail petrol and diesel.

The paper sets out the proposed scope of the study and seeks views on preliminary issues that may be affecting competitive outcomes in the retail fuel sector, which the Commission expects to explore during the study. These issues are not exhaustive and include:

• trends affecting the fuel industry – changes in market structure, prices and margins and profitability
• issues relating to the supply chain – exploration and extraction of crude oil, refining, primary distribution, storage, secondary distribution, wholesale supply, and retail
• issues relating to non-price factors such as quality, innovation and product range.
The preliminary issues paper features a series of questions that the Commission is seeking responses on, ideally backed by supporting evidence.

Interested parties are invited to provide written submissions no later than 5pm on Thursday 21 February 2019.

A copy of the issues paper can be found on the retail fuel study project page.



© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Tax Bill Passes, Drops: “An End To Unnecessary Secondary Tax”

“The changes mean Inland Revenue will more closely monitor the tax paid by wage and salary earners through the year. If it appears the worker is being over taxed, Inland Revenue will suggest a more suitable PAYE tax code tailored to that worker.” More>>

ALSO:

Ethiopian Airline Crash: Boeing 737 Max Aircraft Operations Temporarily Suspended

New Zealand’s Civil Aviation Authority has suspended the operation of Boeing 737 MAX aircraft to or from New Zealand. Currently this affects only one operator, Fiji Airways. There are no other airlines that fly this aircraft type to New Zealand. More>>

ALSO:

Sorting Out DNA: Crime-Busting Software Wins Top Science Prize

Software developed in New Zealand that has contributed to identifying suspects in tens of thousands of criminal cases around the world has won the 2018 Prime Minister’s $500,000 Science Prize. More>>

ALSO:

In The High Court: IRD Wins Tax Avoidance Case

Inland Revenue has won a High Court case against Eric Watson’s Cullen Group over a nearly $52 million tax debt. More>>

ALSO:

Insurers Withdraw From Market: Plea For EQC Rethink

A consumer watchdog wants the government to rethink the Earthquake Commission (EQC) as more people are pushed out of getting property and contents insurance. More>>

ALSO:

Women's Day: New Zealand Rated Third Best In OECD For Working Women

New Zealand has been rated among the top countries in the world for working women. The Women in Work Index rated New Zealand third in the OECD and it was the only country outside Europe to make the top 10. More>>

ALSO: