The country's second-largest electricity gentailer says rising electricity prices are the result of rising lines charges.

Inflation's now back up at three-percent.

The single biggest driver is electricity prices - which have increased 11.3 percent in the past year.

Contact Energy Chief Executive Mike Fuge says electricity firms are having to pass on the fixed lines charges that cover the cost of infrastructure.

He says they rose by about 20-percent last year and about 16-percent this year.

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The country's second-largest electricity gentailer says rising electricity prices are the result of rising lines charges.
Inflation's now back up at three-percent.
The single biggest driver is electricity prices - which have increased 11.3 percent in the past year.
Contact Energy Chief Executive Mike Fuge says electricity firms are having to pass on the fixed lines charges that cover the cost of infrastructure.
He says they rose by about 20-percent last year and about 16-percent this year.
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Mike Fuge: Contact Energy Chief Executive says line charges are responsible for increased energy prices

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/dd85d77b-6b12-43d6-a72e-b37c013bd766/transcript

ASB's latest outlook says New Zealand's economic recovery is back on track.

Inflation is expected to hit 4.1% in Q2, but the bank says the overall economic picture as "markedly improved".

ASB Chief Economist Nick Tuffley told Mike Hosking that, "We do think it will still be tight, but we do think that the Reserve Bank will lean on remaining on hold."

LISTEN ABOVE

ASB's latest outlook says New Zealand's economic recovery is back on track.
Inflation is expected to hit 4.1% in Q2, but the bank says the overall economic picture as "markedly improved".
ASB Chief Economist Nick Tuffley told Mike Hosking that, "We do think it will still be tight, but we do think that the Reserve Bank will lean on remaining on hold."
LISTEN ABOVE

Nick Tuffley: ASB Chief Economist predicts Reserve Bank will hold

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9cbc9cc9-f408-4388-aea9-b47e015ef048/transcript

Andrew Saville and Jason Pine join Mike Hosking to review the Weekend's sport. 

On the table today: The All Blacks secured a narrow victory over France marking an ok start to the David Rennie era.

Liam Lawson equalled his best performance of the season at Silverstone.

And the Springboks look unstoppable after demolishing England. 

LISTEN ABOVE

Andrew Saville and Jason Pine join Mike Hosking to review the Weekend's sport.&nbsp;
On the table today: The All Blacks secured a narrow victory over France marking an ok start to the David Rennie era.
Liam Lawson equalled his best performance of the season at Silverstone.
And the Springboks look unstoppable after demolishing England.&nbsp;
LISTEN ABOVE

Commentary Box with Andrew Saville and Jason Pine: All Blacks, Liam Lawson, Springboks

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/581d4c05-88ec-4834-8ea6-b47e015ad0ba/transcript

The Prime Minister says sport will likely be top of mind for his Indian counterpart when he visits this week.

Narendra Modi will fly into Auckland on Friday for a one day visit - marking our first visit of an Indian leader in 40 years.

He's set to hold a bilateral with Chris Luxon, meet business leaders and attend an Indian-New Zealand community event.

Luxon told Mike Hosking that Modi is really interested in sport.

He says they want to host the 2036 Olympics and are interested in our high-tech sports approach.

LISTEN ABOVE

The Prime Minister says sport will likely be top of mind for his Indian counterpart when he visits this week.
Narendra Modi will fly into Auckland on Friday for a one day visit - marking our first visit of an Indian leader in 40 years.
He's set to hold a bilateral with Chris Luxon, meet business leaders and attend an Indian-New Zealand community event.
Luxon told Mike Hosking that Modi is really interested in sport.
He says they want to host the 2036 Olympics and are interested in our high-tech sports approach.
LISTEN ABOVE

Christopher Luxon: Prime Minister discusses plans for Narendra Modi's visit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a0341bee-130b-4a5c-9a58-b47e015647cc/transcript

Mike Fuge: Contact Energy Chief Executive says line charges are responsible for increased energy prices

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