The incentives the Government is dangling before prospective investors in Meridian Energy show just how much pressure its "Mixed Ownership Model" policy is under.
Some things sell on their merits alone. Icebreaker. BMW. Wooing Tree Pinot Noir. Sure, they may throw in the occasional discount or sweetener to clear inventory or get over a flat patch, but on the whole the purchaser is prepared to shell out top dollar based on confidence that she or he is getting quality in return.