Policy Launch

Shearer will be stoked that he’s cost all KiwiSavers a fortune on the sharemarket today…

Policy Fuck Up


The share price of the country’s largest listed electricity generator-retailer, Contact Energy, has taken a 3 percent knock after the joint announcement by the Labour and Green parties of a radical rewind from electricity reforms of the last 25 years.

If sustained, that indicates the Labour-Green policy is the latest of a string of political decisions and commercial circumstances that can be expected to drive down the issue price of shares in the partial privatisation of Mighty River Power.

“The risk premium for investment in New Zealand would go through the roof,” says one investment banker, who declined to be named.

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.