Business

Goodman expects steady earnings this year despite covid-19 impact
Infrastructure

Goodman expects steady earnings this year despite covid-19 impact

Goodman Property Trust's manager is one of the few companies willing to make an annual profit forecast amid the coronavirus crisis – that results this year will match last year's."If the portfolio continues to perform in line with our expectations, we forecast cash earnin...

Jenny Ruth 28 May 2020
Synlait trims forecast as covid-19 threatens to hit demand
Primary Sector

Synlait trims forecast as covid-19 threatens to hit demand

Synlait Milk lowered its forecast milk payout for the season just ending and was conservative going forward as dairy prices drop and the covid-19 outbreak threatens to bite into demand. The milk processor expects to pay $7.05 per kilogram of milk solids for the season just end...

Rebecca Howard 28 May 2020
PETER GRIFFIN: How Sky can make broadband pay
Opinion

Peter Griffin: PETER GRIFFIN: How Sky can make broadband pay

I thought I was getting Sky TV stock at a decent discount back in March when the share price plunged through the 30 cent barrier amid some of the most volatile market trading the NZX has ever seen. Then came the $157 million, deeply discounted rights issue, which institutional...

Peter Griffin 28 May 2020
Light rail decision coming; Twyford won't discuss cost blowout
Policy

Light rail decision coming; Twyford won't discuss cost blowout

Transport Minister Phil Twyford has confirmed a Cabinet decision on the Auckland light rail project will be made "shortly", countering a suggestion by New Zealand First leader Winston Peters yesterday that the ambitious project had been suspended. However, Twyford dodged quest...

Pattrick Smellie 27 May 2020