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Power plan an 'ambush'
Business

Power plan an 'ambush'

New Zealand's leading business lobby groups say the Labour Party and the Greens have "ambushed" businesses with their controversial electricity policy which they claim sets a "disturbing precedent" for further intervention.

MRP applications may be withdrawn
Business

MRP applications may be withdrawn

The Government said it would file a supplementary disclosure to the Mighty River Power share offer to take into account possible additional risks to investors that electricity reform under a Labour/Greens government could pose.