There's praise for a deal to free up gas to help keep the country's lights on.

The nation's biggest gas user, Methanex, will shut down Kiwi operations until October - and is selling its gas to Contact Energy and Genesis Energy.

It'll let them generate more power to combat a supply shortage that's sent power prices skyrocketing.

Contact Energy CEO Mike Fuge says it will cost Methanex some export earnings.

He says that's outweighed by the benefit to the country.

"In terms of the security of supply - that's what our focus is at the moment and we're very confident that we'll be able to see the country through." 

LISTEN ABOVE

There's praise for a deal to free up gas to help keep the country's lights on.
The nation's biggest gas user, Methanex, will shut down Kiwi operations until October - and is selling its gas to Contact Energy and Genesis Energy.
It'll let them generate more power to combat a supply shortage that's sent power prices skyrocketing.
Contact Energy CEO Mike Fuge says it will cost Methanex some export earnings.
He says that's outweighed by the benefit to the country.
"In terms of the security of supply - that's what our focus is at the moment and we're very confident that we'll be able to see the country through." 
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Mike Fuge: Contact Energy CEO on Methanex temporarily shutting down New Zealand operations

Over in the UK, several Labour MPs have deleted their X accounts amid concerns about the platform.

A group of newly-elected MPs have raised the alarm about the role X (formerly Twitter) played in spreading misinformation and harm during the far-right-led riots across the nation.

UK correspondent Enda Brady says this could start a discussion about the role social media platforms can play during times of unrest.

LISTEN ABOVE

Over in the UK, several Labour MPs have deleted their X accounts amid concerns about the platform.
A group of newly-elected MPs have raised the alarm about the role X (formerly Twitter) played in spreading misinformation and harm during the far-right-led riots across the nation.
UK correspondent Enda Brady says this could start a discussion about the role social media platforms can play during times of unrest.
LISTEN ABOVE

Enda Brady: UK correspondent on UK MPs deleting their X accounts to protest Elon Musk

The Reserve Bank is set to issue their latest OCR update tomorrow - and experts are divided about the outcome.

Some economists are predicting rate cuts will come now, while others believe the Reserve Bank will hold steady and announce cuts later in the year.

Infometrics Principal Economist Brad Olsen says the Reserve Bank needs to lay the groundwork for future rate cuts.

"The economy is in a darker place - but the Reserve Bank backed itself into a corner, all bets are off at the moment."

LISTEN ABOVE

The Reserve Bank is set to issue their latest OCR update tomorrow - and experts are divided about the outcome.
Some economists are predicting rate cuts will come now, while others believe the Reserve Bank will hold steady and announce cuts later in the year.
Infometrics Principal Economist Brad Olsen says the Reserve Bank needs to lay the groundwork for future rate cuts.
"The economy is in a darker place - but the Reserve Bank backed itself into a corner, all bets are off at the moment."
LISTEN ABOVE

Brad Olsen: Infometrics Principal Economist ahead of divisive OCR update

Tonight on The Huddle, broadcaster Paddy Gower and Tim Wilson from Maxim Institute joined in on a discussion about the following issues of the day - and more! 

The country's largest gas user, Methanex, will shut its plant until the end of October and has agreed to sell the gas to power companies Contact and Genesis. Given the options we had, is this the best out of a bad bunch?

The Government is giving the green light to gene editing - and will overhaul laws that ban genetic engineering in NZ. How do you feel about that? Do we have to move with the times or is there danger for our exporters in being associated with GE?

The NZ Herald will not run a planned ad from the Hobson's Pledge lobby group - after massive backlash about last week's full page front page ad. Freedom of Speech campaigners are upset - does this show that the publisher of the Herald is pulling punches?

LISTEN ABOVE

Tonight on The Huddle, broadcaster Paddy Gower and Tim Wilson from Maxim Institute joined in on a discussion about the following issues of the day - and more! 
The country's largest gas user, Methanex, will shut its plant until the end of October and has agreed to sell the gas to power companies Contact and Genesis. Given the options we had, is this the best out of a bad bunch?
The Government is giving the green light to gene editing - and will overhaul laws that ban genetic engineering in NZ. How do you feel about that? Do we have to move with the times or is there danger for our exporters in being associated with GE?
The NZ Herald will not run a planned ad from the Hobson's Pledge lobby group - after massive backlash about last week's full page front page ad. Freedom of Speech campaigners are upset - does this show that the publisher of the Herald is pulling punches?
LISTEN ABOVE

Mike Fuge: Contact Energy CEO on Methanex temporarily shutting down New Zealand operations

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