Best of Business

Shane Solly: Harbour Asset Management expert on the market's response to the US-Iran peace deal

3 min · 15 de jun de 2026
Portada del episodio Shane Solly: Harbour Asset Management expert on the market's response to the US-Iran peace deal

Descripción

The US and Iran have agreed to a peace deal, and the news has brought some hope into the economy. Oil prices have fallen about 4 percent since the countries announced an agreement to halt hostilities. Brent crude is now trading at US$84 ($143) a barrel, off the back of a similar drop in prices on Friday. Shane Solly from Harbour Asset Management unpacked the market reactions. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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episode Paul Fuge: Consumer NZ spokesperson on the number of Kiwis switching power companies artwork

Paul Fuge: Consumer NZ spokesperson on the number of Kiwis switching power companies

Kiwis are often told to look for the best deals on power, and they're not afraid to swap providers for a better price. So who's winning and who's losing the battle for those customers? Data from the Electricity Authority shows that Genesis Energy is the biggest loser here, with the company losing a net 35,015 customers in the year to June. Nova lost 9059, Manawa 3329 and Mercury 2706. On the opposite end, Contact gained 20,577, Electric Kiwi gained 11,590 and Meridian gained 10,288.  Consumer NZ Paul Fuge says the energy market is quite volatile, and many companies have been making changes to keep up. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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