Andrew Hubbard says current framework has created unfairness and confusion.
Will New Zealand reach a deal with the EU next year?
Many consumers and customers are demanding change in the way firms do business.
The commission will produce its first five-year emissions budget in early 2021.
UPDATED: Finance Minister also defends $12b spend-up on infrastructure.
Projects that would otherwise take a decade could be completed "within a year or two."
UPDATED: Reaction includes Government think tank rejecting move away from property-based rating.
NZ First has announced it supports efforts to combine media companies.
Paul Goldsmith dismisses Treasury forecasts the government books will go back into surplus.
Finance Minister has a ho, ho, ho moment.