Tuesday, April 18, 2006

NZ finally notices its monopoly SOE's

here.
Having a SOE with a monopoly position and a mandate to maximise profits would seem like a daft idea even when drunk. Welcome to NZ's electricity sector. At least someone is starting to ask the right questions.
Another interesting one might be "who are the shareholders that get all this profit?". hhhmmm, i think it's the govt. Can you spell 'back-door tax'?...

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