Asset sale policy unchanged
Treasurer Bill English said today the
Government's position on the sale of assets had not
"I have made no statements signalling any
change to the Government's position. As stated in the
Budget the Government's policy is to examine government
businesses case by case, and sell where that is in the
"What I have said is that the
public floats of assets have shown there is an apetite
from the public to invest in these companies," said Mr
© Scoop Media
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>>