Finance

Meet the millennial margin traders. By Dan Brunskill

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Trustpower trims guidance on weaker hydro outlook

Gavin Evans
Thu, 05 Nov 2020

Gavin Evans
Thu, 05 Nov 2020
Trustpower has trimmed its full-year earnings forecast by as much as $10 million after dry conditions reduced its generation volumes and covid-19 restrictions slowed its telco expansion.The country’s fifth-largest electricity retailer expects earnings before interest, tax, depreciation, amortisation and changes in financial instruments of between $185 million and $205 million for the year ending March. In May the firm had picked a range of $190 million to $215 million.Trustpower said it now expects generation of about 1,702 gigawatt-hours...

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Finance
Orr says RBNZ already considers house prices
Jenny Ruth | Tue, 24 Nov 2020

Government concern over galloping house price inflation burst into the open today, but Reserve Bank governor Adrian Orr insists he already takes house prices into account and ultra-low interest rates are important for the covid-19 economic recovery.

Economy
Opposition backs Robertson, claims credit for idea
Rebecca Howard | Tue, 24 Nov 2020

A conversation on housing between the RBNZ and the government has widespread political support.

Finance
Tower to get $42.1m EQC settlement
Staff reporters | Tue, 24 Nov 2020

Insurer says net profit will be impacted by about $9.5 million from write off.

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Information governance in the age of data: Where to from here?

As data increasingly drives industry, commerce and public security, it has become obvious that organisations need to lift their game, particularly in the area of information governance.

Sponsored
Better decision-making through better data analysis

The University of Auckland’s new Master of Business Analytics programme is designed to fill the skills gap and meet the growing needs of industry and commerce.

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