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Powershop
Powershop is an online electricity retailer founded in New Zealand, and also available in Australia. In New Zealand, Powershop is a subsidiary of Meridian Energy, which is 51% owned by the New Zealand Government. The retailer operates through an online platform offering pre-pay and post-pay options. In November 2021, it was announced that a consortium of Shell Australia and Infrastructure Capital Group would be acquiring Meridian Energy Australia Group, including Powershop Australia. Though subject to regulatory approvals, the transition was due to be completed in early 2022. This development caused an uproar among many customers who opposed the takeover of Australia's greenest electricity provider by a multinational oil company. History Meridian Energy traditionally had been a major electricity generator, but only a small retailer. In 2006, Ari Sargent, an electricity industry veteran, had an idea to increase Meridian's market share in the retail market: turn electricity f ...
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Powershop
Powershop is an online electricity retailer founded in New Zealand, and also available in Australia. In New Zealand, Powershop is a subsidiary of Meridian Energy, which is 51% owned by the New Zealand Government. The retailer operates through an online platform offering pre-pay and post-pay options. In November 2021, it was announced that a consortium of Shell Australia and Infrastructure Capital Group would be acquiring Meridian Energy Australia Group, including Powershop Australia. Though subject to regulatory approvals, the transition was due to be completed in early 2022. This development caused an uproar among many customers who opposed the takeover of Australia's greenest electricity provider by a multinational oil company. History Meridian Energy traditionally had been a major electricity generator, but only a small retailer. In 2006, Ari Sargent, an electricity industry veteran, had an idea to increase Meridian's market share in the retail market: turn electricity f ...
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Meridian Energy
Meridian Energy Limited is a New Zealand electricity generator and retailer. The company generates the largest proportion of New Zealand's electricity, generating 35 percent of the country's electricity in the year ending December 2014, and is the fourth largest retailer, with 14 percent of market share in terms of customers as of December 2015. Meridian was one of three electricity companies formed from the break-up of the Electricity Corporation of New Zealand (ECNZ) in 1998–99, taking over the Waitaki River and the Manapouri hydro schemes. Originally a state-owned enterprise wholly owned by the New Zealand Government, the company was partially privatised in October 2013 by the Fifth National Government, with the government retaining a 51.02% shareholding. Today, Meridian operates seven hydroelectric power stations and one wind farm in the South Island of New Zealand, four wind farms in the North Island, and two wind farms in southern Australia – one in South Australia a ...
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Birmingham
Birmingham ( ) is a city and metropolitan borough in the metropolitan county of West Midlands in England. It is the second-largest city in the United Kingdom with a population of 1.145 million in the city proper, 2.92 million in the West Midlands metropolitan county, and approximately 4.3 million in the wider metropolitan area. It is the largest UK metropolitan area outside of London. Birmingham is known as the second city of the United Kingdom. Located in the West Midlands region of England, approximately from London, Birmingham is considered to be the social, cultural, financial and commercial centre of the Midlands. Distinctively, Birmingham only has small rivers flowing through it, mainly the River Tame and its tributaries River Rea and River Cole – one of the closest main rivers is the Severn, approximately west of the city centre. Historically a market town in Warwickshire in the medieval period, Birmingham grew during the 18th century during the Midla ...
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The Dominion Post (Wellington)
''The Dominion Post'' is a metropolitan daily newspaper published in Wellington, New Zealand. It is owned by media business Stuff Ltd, formerly the New Zealand branch of Australian media company Fairfax Media. Weekday issues are now in tabloid format, and its Saturday edition is in broadsheet format. Since 2020 the editor has been Anna Fifield. History ''The Dominion Post'' was created in July 2002 when Independent Newspapers Limited (INL) amalgamated two Wellington printed and published metropolitan broadsheet newspapers, '' The Evening Post'', an evening paper first published on 8 February 1865, and '' The Dominion'', a morning paper first published on Dominion Day, 26 September 1907. ''The Dominion'' was distributed throughout the lower half of the North Island, as far as Taupo, where it met with Auckland's ambitiously named ''The New Zealand Herald''. ''The Evening Post'' was not so widely distributed, but had a much greater circulation than ''The Dominion''. INL sold ...
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Ministry Of Economic Development (New Zealand)
The Ministry of Economic Development ( mi, Manatū Ōhanga) was a New Zealand public sector organisation tasked with promoting development of New Zealand's economy. Known as the Ministry of Commerce until 2000, it was renamed in 2000 under the Fifth Labour Government, then replaced with the Ministry of Business, Innovation and Employment on 1 July 2012 by the subsequent National Government. The Ministry dealt with policy in a wide range of different areas including energy, communications, the radio spectrum, industry and regional development, intellectual property, consumer issues, tourism, international trade, and the regulatory environment. At the time of its disestablishment, the Ministry supported eight ministerial portfolios: the Minister of Economic Development (Lead Minister for the Ministry of Economic Development), the Minister of Commerce, the Minister for Communications and Information Technology, the Minister of Consumer Affairs, the Minister of Energy and Resour ...
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Consumers' Institute Of New Zealand
Consumer NZ, previously known as Consumers' Institute of New Zealand, is an organization that covers a wide range of activities relating to consumer protection and information. Its work includes comparative tests and surveys of consumer goods and services, research into and advice on financial, food, health, safety, welfare and environmental matters, representation at parliamentary committees and public enquiries and interest in consumer education and complaints advisory work. History The Consumers’ Council was established in 1959 ‘to protect and promote the interest of consumers of goods and services’. In 1963 the name Consumers Institute was adopted and in 1967 it became a separate government-funded entity. In 1986 the Ministry of Consumer Affairs was established and the Consumers Institute lost its special legal protection and government funding. The Consumers Institute became an incorporated society funded by members’ subscriptions in 1989 and in 2007 the Consumers’ ...
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Public Utility
A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies. Public utilities are meant to supply goods/services that are considered essential; water, gas, electricity, telephone, and other communication systems represent much of the public utility market. The transmission lines used in the transportation of electricity, or natural gas pipelines, have natural monopoly characteristics. If the infrastructure already exists in a given area, minimal benefit is gained through competing. In other words, these industries are characterized by ''economies of scale'' in production. There are many different types of public utilities. Some, especially large companies, offer multiple products, such as electricity and natu ...
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The New Daily
''The New Daily'' is an online, non-paywalled, Australian newspaper founded in 2013 The founding editor is Bruce Guthrie, currently the editorial director (as at the beginning of June 2019), who was formerly the Editor-in-Chief of the ''Herald Sun'' and Editor of ''The Age''. The paper's former Political Editor, Samantha Maiden, revealed that former Prime Minister Scott Morrison left for a holiday to Hawaii during the middle of bushfires, a story that was later awarded the Walkley Award for Scoop of the Year for 2019. Its flagship columnists include Paul Bongiorno, Alan Kohler and Michael Pascoe. It recorded a monthly unique audience greater than The Australian newspaper according to Nielsen digital news rankings for February 2022. History The paper was started by AustralianSuper, Cbus and Industry Super Holdings. In 2016, it became wholly owned by Industry Super Holdings. The venture has been controversial due to its ownership by non-profit superannuation funds, in re ...
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New Zealand Government
, background_color = #012169 , image = New Zealand Government wordmark.svg , image_size=250px , date_established = , country = New Zealand , leader_title = Prime Minister Jacinda Ardern , appointed = Governor-General , main_organ = , ministries = 32 ministries and departments , responsible = House of Representatives , budget = 119.3 billion (2018–19) , address = The Beehive and other locations across Wellington , url = The New Zealand Government ( mi, Te Kāwanatanga o Aotearoa) is the central government through which political authority is exercised in New Zealand. As in most other parliamentary democracies, the term "Government" refers chiefly to the executive branch, and more specifically to the collective ministry directing the executive. Based on the principle of responsible government, it operates within the framework that "the Queen reigns, but the government rules, so long as it has the support of the House of Representatives".Sir Kenneth Keith, qu ...
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Npower (United Kingdom)
Npower Limited is a British supplier of gas and electricity to businesses. It has been a subsidiary of E.ON UK since January 2019. The company was formerly known as Innogy plc and was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. In March 2002, it was acquired by RWE of Germany, and was subsequently renamed RWE npower plc. RWE split off its renewable energy, network and retail divisions as Innogy SE in April 2016, and Npower transferred to the new business. It is considered one of the Big Six energy suppliers, which dominate the gas and electricity market in the United Kingdom. E.ON transferred npower's residential customers to a new brand, E.ON Next, in 2021. Since then, the npower brand has only been active within the commercial energy space, marketed as npower Business Solutions, a brand of Npower Commercial Gas Limited. The npower Business Solutions brand still supplies over 20,000 businesses, including customers previously supplied by E.O ...
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Shell Australia
Shell Australia is the Australian subsidiary of Shell. Shell has operated in Australia since 1901, initially delivering bulk fuel into Australia, then establishing storage and distribution terminals, oil refineries, and a network of service stations. It extended its Australian activities to oil exploration, petrochemicals and coal mining, and became a leading partner in Australia's largest resource development project, the North West Shelf Venture. In August 2014, Shell sold its downstream business in Australia, including its Geelong Oil Refinery and 870 retail sites, along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses, to the Dutch firm Vitol, for A$2.9 billion. Aside from its aviation fuel business which was retained, Shell's remaining Australian activities are in upstream businesses, comprising exploration, liquified natural gas (LNG) and onshore coal seam gas. Shell holds large reserves in the North West Shelf, Gorgon, Browse Basin, onshore ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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