Release Of The Crown Financial Statements 99/00
The Crown Financial Statements for the year ended 30 June
2000 will be tabled in Parliament on Thursday 14 September
2000 at 2.00pm.
A lock-up for analysts and media will be
held from 1.15 pm in the Treasury, 14th Floor, No 1 The
Finance Minister Michael Cullen will
attend the lock-up at approximately 1.35pm.
officials will be available to answer factual questions.
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Commerce Commission: Retail Fuel "Not As Competitive As It Could Be"
The Commission has outlined some options it considers could improve competition. There are two broad sets of options it thinks may have the potential to help create a competitive wholesale market. These are:
• Greater contractual freedom to make it easier for resellers to switch between suppliers; and
• Enabling wider participation in the majors’ joint infrastructure, notably the shared terminals and supporting logistics involved in their borrow-and-loan system.
Further options, including improving the transparency of premium petrol prices, are discussed in the draft report. More>>