Sky TV offers cheap shares to raise $157m, talks up next phase
Services

Sky TV offers cheap shares to raise $157m, talks up next phase

Sky Network Television plans to raise $157 million through a deeply discounted share offer to shore up its balance sheet while national and international sporting events are restricted.

Gavin Evans 21 May 2020
Govt mulls easing restrictions in level 2 alert regime
Economy

Govt mulls easing restrictions in level 2 alert regime

Options to ease restrictions on social gathering will be considered by the government on Monday as it looks for ways to get the economy moving.

Gavin Evans 20 May 2020
Argosy notes covid risks, maintains dividend
Property

Argosy notes covid risks, maintains dividend

Property investor and manager Argosy Property said it has provided tenants about $2.8 million in rent abatements during the past seven weeks.

Gavin Evans 20 May 2020
Liquidity test to trigger protection for minnow power suppliers
Infrastructure

Liquidity test to trigger protection for minnow power suppliers

Power retailers seeking relief from lines charges under the Electricity Authority’s new protection scheme will have to demonstrate a 25 percent increase in their overdue billings compared with pre-covid levels. To qualify firms must have been solvent at Dec. 31, but now face “...

Gavin Evans 19 May 2020