
‘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...

SkyCity in trading halt over capital raise announcement
SkyCity is in trading halt over equity raise speculation.

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...

Govt outlines changes to building consenting regime
Councils will be able to voluntarily consolidate consenting functions,