![Mighty River: Bonus shares for execs](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Mighty River: Bonus shares for execs
Senior executives of newly listed, state-controlled Mighty River Power are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30.
Senior executives of newly listed, state-controlled Mighty River Power are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30.
The Labour-Green power plan is fatally flawed. Here are 10 reasons why, says Rodney Hide.
Editorial: Naturally enough, the Government was keen to put the entire blame for what happened on "politicking" by Labour and the Greens.
The Grey Power-led petition to force a referendum on the Government’s partial asset sales policy has failed because it did not have enough signatures.
Bernard Hickey says the blast waves from the Labour/Green electricity policy bombshell reverberated further into the business and political landscapes this week.
March's warm weather and the consequent power savings has meant many households have a few extra dollars in their pocket.
Labour and the Greens have defended their controversial electricity policy after New Zealand's business leaders issued an open letter asking them to withdraw it.
Insurance will represent a significantly higher share of the cost of living and the cost of doing business from here on, writes Brian Fallow.
Labour MP Shane Jones says he was a "doubting Thomas'' on the Labour - Greens police to lower power prices, but now fully backs the plan.
Countries with an electricity buyer of the type proposed by Labour and the Greens have some of the lowest power prices - and some of the highest.
The Labour-Greens' proposal has created a major dilemma for potential Mighty River Power investors - should they invest in a company that could be subject to major regulatory change, including a dramatic adjustment to its business model?
In the week or so since it revealed its plan to slash power prices, Labour has bared its teeth at anyone questioning the wisdom of breaking up the wholesale electricity market just as it is showing signs of functioning as intended.
The onus is on those calling for radical, disruptive change to something as important as the electricity sector to demonstrate that it is broken and needs fixing.
The Labour-Green proposal aims to stop electricity generators 'gaming' the market in search of higher prices. Adam Bennett investigates.
"What just happened?" asks Brian Rudman. "Bland, colourless Labour leader David Shearer has suddenly been transmogrified into a working-class hero."
Investors who applied for Mighty River Power shares have been given a deadline to withdraw their applications if concerned about the Labour-Greens' power policy plans.
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.
Bernard Hickey asks: Did the electricity industry think it could get away with generating super profits from a network monopoly forever without a political reaction?
As Mighty River Power's boss prepares the State-owned company for sale, he has slated the new Labour-Green electricity policy as "socialist".
Labour says its plan to bring down power prices is affordable despite losing out on state-owned power company dividends.
Uncertainty created by the Labour Party and Greens' plans for the electricity market helped drive the share prices of the main NZX-listed power generators sharply down yesterday.