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

 

Caltex - Car Wash Case

CALTEX - CAR WASH CASE
For immediate release


6 October 1999


CALTEX - CAR WASH CASE


Caltex is extremely disappointed with the findings of the Court in this matter. We have consistently maintained that we have done nothing to violate either the letter or spirit of the law.

Caltex has been a law abiding, good corporate citizen in New Zealand for nearly eighty years and will continue to be so. We have compliance programmes in place designed to ensure that all employees know, understand, and adhere to the relevant regulations contained within New Zealand commercial law.

Caltex competes vigorously in one of the most difficult of mature markets. We not only have to comply with New Zealand's commercial law but we must clearly be seen to do so.

Caltex is considering its options in light of the Court's decision; once it has finished its review of that decision it will decide whether it considers an appeal to be in order.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Stats NZ: Quarterly Inflation Rising Steadily Across The Board

Higher prices for transport and food have driven up inflation for the all households group in the June 2021 quarter, Stats NZ said today. The ‘all households group’ represents all private New Zealand-resident households... More>>


Stats NZ: Primary Products Push Exports To A New High

New Zealand exports reached a new high in June 2021, off the back of record export values for logs and beef, Stats NZ said today. In June 2021, the value of all goods exports rose... More>>



Energy: New Zealand Could Be World’s First Large-scale Producer Of Green Hydrogen

Contact Energy and Meridian Energy are seeking registrations of interest to develop the world’s largest green hydrogen plant. The plant has the potential to earn hundreds of millions in export revenue and help decarbonise economies both here and overseas... More>>




Statistics: Household Saving Falls In The March 2021 Quarter

Saving by New Zealanders in the March 2021 quarter fell to its lowest level in two years after rising sharply in 2020, Stats NZ said today. Increases in household spending outpaced income growth, leading to a decline in household saving from the elevated levels that prevailed throughout 2020... More>>

ALSO: