Simon Vannini

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New Government Policy Statement sets direction for electricity industry

Oct 21, 2024 | lexology.com | Rob Macredie |Chris Browne |Simon Vannini |Michaël Sage |Nina Blomfield |Sally Mckechnie

On 11 October 2024, the Government released a new Policy Statement (GPS) for the electricity industry, outlining priorities and providing clear signals to the Electricity Authority Te Mana Hiko (EA) and wider sector about the expected regulatory settings during the Government’s term in office. The EA must have regard to the GPS when carrying out its role as the energy sector regulator.
High Court confirms scope of “all reasonable steps” obligation

May 20, 2024 | lexology.com | Michaël Sage |Nina Blomfield |Simon Vannini |Alice Poole |Andrew Tetzlaff |Rosie Dossor

In contracts where achieving a specific outcome is crucial but the exact steps to reach it are uncertain, parties often include a clause requiring one or both sides to take “reasonable steps” or to use “reasonable endeavours” to reach the desired result. This approach ensures a commitment to the goal while allowing flexibility in how it is pursued. The recent High Court decision in Remediation NZ Ltd v Enviro NZ Ltd confirms what taking “all reasonable steps” requires.
Infrastructure Funding & Financing: a time for change

Mar 27, 2024 | lexology.com | Josh Cairns |Edward Norman |Mike Wakefield |Jonathan Salter |Sally Mckechnie |Simon Vannini | +1 more

Minister of Housing and Infrastructure, the Hon. Chris Bishop, has announced that the new Government intends to introduce new tools for infrastructure funding and financing as part of its Going for Housing Growth policy. The policy points to a “broken planning and infrastructure system” as an underlying cause of the housing shortage and emphasises the need for new and “refreshed” tools to allow for the delivery of critical infrastructure.
Busy 2024 for electricity distribution businesses

Feb 26, 2024 | lexology.com | Michaël Sage |Simon Vannini |Amanda Stephenson |Chris Browne |Rob Macredie

2024 is set to be a busy year for electricity distribution businesses (EDBs) with several significant regulatory changes in the pipeline. In this legal update we focus on regulatory changes being progressed by the Electricity Authority (Authority) in 2024. Future operation of New Zealand’s power systemThe Authority is consulting currently on future challenges and opportunities with the operation of the power system.
Energy Outlook - renewable energy trends and developments in New Zealand

Oct 30, 2023 | lexology.com | Michaël Sage |Simon Vannini |Rob Macredie |Chris Browne |Edward Norman |Catherine Shipton | +7 more

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Select Committee indecision throws doubt on payment practices disclosure regime

Apr 27, 2023 | lexology.com | Simon Vannini

In New Zealand, small businesses make up over 97% of all businesses, but can face challenges when it comes to getting paid on time. Their vulnerability stems from a lack of leverage and the risk of potentially damaging existing relationships with large businesses. In this FYI we take a look at the Select Committee’s report on the Business Payment Practices Bill and why businesses should review their business payment practices - in spite of the fact that the Committee couldn’t reach agreement.