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Coss
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45 minutes ago, Coss said:

And double what I pay here in NZ, no air con or heating at this time of year.
 

and we think, we're, being gouged!

When you bring in minimum salary even worse, 5,800 is equivalent to over 15 days salary at minimum wage

Based on minimum kiwi wage it equates to 2,724 NZD @ 22.7 per hour

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Still being gouged - taxpayers, and their fathers and their fathers, all of them taxpayers, paid for the hydroelectric dams, then the government sold 'em to multi nationals who now charge us, to use the electricity we paid to generate.

And because Shareholders need profit - prices are as high as the market will bear.

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Oh what a surprise NZ Electricity was sold to private investors under a Right Wing Government.

In the UK British Gas, British Rail, British Telecom and Electricity Board were all sold off under Thatcher and the Billions the government received were used to finance tax cuts for the rich. Many people may a killing out of privatization as the ISP offering was well below market value so it looked like a success, so basically one could make a lot of money as long as you had money to begin with.

The great “Selling off the Family Silver”. That bitch stole whole industries from the people 

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