Electricity price gouging
I see it was reported today {Radio NZ) that Methanex, the Canadian methanol producer, had agreed to stop production and sell its NZ produced gas, bought at a dirt cheap 'secret' price, to NZ power companies to help us hard working Kiwis keep the lights on and our houses warm during the current electricity crisis.
'Well done Methanex', I thought, sacrificing profit for us Kiwis. Then I read further.
In a statement to the Toronto Stock Exchange, it stated "these commercial arrangements are expected to positively impact Methanex's Q3 and Q4 earnings with after-tax proceeds expected to meaningfully exceed the margin lost on New Zealand methanol production delivered to customers."
So Methanex resells New Zealand gas it gets at a dirt cheap price back to us and increases its profits by doing exactly nothing except ripping us off.
Screw you Methanex. The sooner you leave the country the better off we will be.
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Poll: Are Kiwis allergic to “exuberance”? 🥝
In The Post’s opinion piece on the developments set to open across Aotearoa in 2026, John Coop suggests that, as a nation, we’re “allergic to exuberance.”
We want to know: Are we really allergic to showing our excitement?
Is it time to lean into a more optimistic view of the place we call home? As big projects take shape and new opportunities emerge, perhaps it’s worth asking whether a little more confidence (and enthusiasm!) could do us some good.
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41.3% Yes
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32.8% Maybe?
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25.9% No
Betamax Video Player.
I am looking for a BETAMAX VIDEO PLAYER IN WORKING ORDER. Lease let me know if you have one fort sale!
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