
Overall, we encourage the Commission to think beyond competition merely as a driver for innovation, to consider the outcomes from innovation for the long term benefit for New Zealanders. Rewiring Aotearoa believes one such outcome from market innovation is supporting the electrification opportunity for Aotearoa New Zealand. The Commission has the opportunity to play an active role in driving this not just through the energy market, but also through the personal banking market. It is important that these functions are not seen in isolation, but as a system, to better realise the Commission's role in delivering on NZ’s emissions reduction plan, and 2050 Nationally Determined Contribution.
Read moreDownload the document hereEvery time the price of petrol shoots up, we see the same kind of advice: ‘Fill up now before it gets even higher’; ‘Shop around for cheaper fuel’; ‘Use your 6c off a litre coupons; ‘Change the way you drive and stretch your tank’. We’re mostly short-term creatures so these are all pretty normal responses to a price shock, but if you're looking to save money on fuel the best advice is to think longer term and remove yourself from the volatility of imported energy entirely.
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