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Listed Companies

Electricity gen-tailers' healthy margins

Ian Llewellyn
Mon, 19 Jul 2021

Rain in June has restored hydro lake levels to near average (Image: Getty)
Ian Llewellyn
Mon, 19 Jul 2021
Two of New Zealand’s largest electricity generators have reported making healthy margins as wholesale prices remain relatively high and most hydro lakes return to near average levels.Contact Energy’s operating report for June 2021 said it generated or acquired 880 gigawatt hours (GWh) of electricity compared to 877 GWh in June 2020.Its own generation cost in the month was $38.22/megawatt-hour (MWh) compared to $37.02/MWh in June 2020, with total unit generation cost (which includes acquired generation) at $44.58/MWh (June 2020: $42....

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America's Cup
Not dead yet: Auckland's America's Cup dream
Pattrick Smellie | Fri, 24 Sep 2021

Reports of the death of Mark Dunphy's bid to keep The America's Cup in Auckland may prove premature, although events this week suggest CPR may be required.

Listed Companies market close
Pacific Edge up 6%; while index dips
Dan Brunskill | Fri, 24 Sep 2021

The NZX 50 index fell as its biggest stock, Fisher & Paykel Healthcare, fell 3.1% back towards its average price of $32 per share.

Markets
Retirement villages operate like 'quasi-Ponzi schemes'
Jenny Ruth | Fri, 24 Sep 2021

Retirement village residents' association claims the rule to get legal advice before signing a contract doesn't protect residents – and is used against them.

Sponsored
Demand driven change an easier route to carbon reduction

Taking a demand-driven approach to carbon reduction will naturally bring us into line with government targets.

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Kiwi security technology leading the world

Businesses must take advantage of our home-grown, world-leading, internationally-valued cyber defence systems to manage risk.