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ComCom given new powers to set fair wholesale fuel price

The Government set out a fuel resilience package this morning.

The Government announced a 'fuel resilience' package on Wednesday morning.

Brent Edwards Wed, 09 Nov 2022

Energy Minister Megan Woods believes giving the Commerce Commission the power to set fair prices in the wholesale fuel market will encourage a more competitive market.

Under the change announced this morning, officials estimate it could take six to 12 months for the commission to set a fair price

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Brent Edwards Wed, 09 Nov 2022
Contact the Writer: brent@nbr.co.nz
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ComCom given new powers to set fair wholesale fuel price
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