Why the Greens/ Labour power plan will hurt

“The message from Labour/Greens to investors is that they will be giving little credence to the impact on corporate profitability in future regulatory decisions.”

Rob Hosking
Mon, 22 Apr 2013

More warnings emerged today of capital flight from New Zealand if the Labour and Green parties electricity plan is ever implemented.

The plan threatens not only the country’s electricity market but, because of the makeup of the New Zealand sharemarket, risks triggering capital flight from

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