Falling demand for electricity will push up power prices as the monopoly national grid owner, Transpower, spreads its regulated charges over smaller total consumption, warns the Major Electricity Users Group. MEUG formally raised the issue with senior government ministers, including Prime Minister John Key, in a June 17 letter, saying “the greatest risk to near term power prices is increasing …

Former Air New Zealand boss Rob Fyfe will leave the board of Trilogy International, the skincare products and scented candle maker, after this month’s annual meeting as he looks for a new full-time executive role in New Zealand. Fyfe, who finished up at the airline this year, told the Trilogy board he wouldn’t seek re-election at the Sept. 24 annual …

Diligent Board Member Services, the governance app-maker hit by a slew of administrative mis-steps, has been publicly censured by the New Zealand Markets Disciplinary Tribunal for numerous breaches of stock exchange listing rules. The regulator has approved a settlement agreement between Diligent and stock exchange operator NZX whereby Diligent will pay $15,000 to the NZX Discipline Fund, tribunal costs and …