SkyCity-Macquarie parking court case kicks off

SkyCity-Macquarie parking court case kicks off
SkyCity wants a declaration that its interpretation of the contract is correct. (Image: SkyCity)
Victoria Young
SkyCity Entertainment Group’s two-day scrap over a $220 million contract it had with a Macquarie Group subsidiary has begun in the high court in Auckland.  Justice Neil Campbell is hearing the court case over a concession agreement for a parking building damaged in 2019’s international convention centre blaze. Macquarie subsidiary MPF Parking inked a deal with the casino operator, but SkyCity failed to remedy damage by the fire in the time stipulated, so MPF Parking terminated the contract, which was for rou...

More Markets

Mainfreight and Freightways on growth and decarbonising freight
Markets Carbon Catch-Up

Mainfreight and Freightways on growth and decarbonising freight

NZ’s largest freight companies are growing, and so too are their emissions.

Banks see 2025 inflation at c.3.0%
Retail

Banks see 2025 inflation at c.3.0%

Core inflation at or moving back to 1-3% range.

NZ sharemarket up 1.3% for the year
Markets Market Close

NZ sharemarket up 1.3% for the year

The S&P/NZX 50 Index closed at 13,718.1, up 58.31 points or 0.43%.

Graham Skellern 16 Jan 2026