‘One of the most challenging periods in Spark’s history’
Markets

‘One of the most challenging periods in Spark’s history’

Spark has reported another big fall in profit, with reported net profit down 17.7% to $260 million, or a 33.6% fall to $227m, adjusting for asset sales and other one-offs.“The past year has been one of the most challenging periods in Spark’s history, as we navigated economic head...

Staff reporters 20 Aug 2025
SkyCity in trading halt over capital raise announcement
Markets

SkyCity in trading halt over capital raise announcement

SkyCity is in trading halt over equity raise speculation.

Staff reporters 19 Aug 2025
Mercury’s profit drops $289m to $1m amid tough power conditions
Markets

Mercury’s profit drops $289m to $1m amid tough power conditions

Mercury has blamed tough power-generating conditions for a sharp decline in its earnings over the June year.The company, 51% owned by the Government, said its net profit for the year came to just $1 million, down $289m from the prior year.The fall was due to lower earnings before...

Staff reporters 19 Aug 2025
Govt outlines changes to building consenting regime
Law & Regulation

Govt outlines changes to building consenting regime

Councils will be able to voluntarily consolidate consenting functions,

Staff reporters 18 Aug 2025