SkyCity increases debt, writes down value of Adelaide casino
Markets

SkyCity increases debt, writes down value of Adelaide casino

Entertainment company SkyCity’s full year finances this week will include a non-cash impairment of $94.3 million related to its troubled Adelaide casino and new debt totalling $465m.The writedown related to more legal and compliance costs associated with its Australian casino and...

Staff reporters 19 Aug 2024
Third Age Health initiates buyback programme
Markets

Third Age Health initiates buyback programme

Third Age Health is set to kick off an on-market share buyback of up to 5% of its shares.“This programme reflects the board’s view that the company’s shares are undervalued and demonstrates its confidence in the business and the long-term opportunities to grow intrinsic value per...

Staff reporters 19 Aug 2024
Contact Energy goes ahead with solar farm at Christchurch Airport
Infrastructure

Contact Energy goes ahead with solar farm at Christchurch Airport

Construction of the $273m solar farm will begin this year.

Staff reporters 16 Aug 2024
Retail spending dipped marginally in July
Economy

Retail spending dipped marginally in July

Stats reflect continued pressures on household finances.

Staff reporters 15 Aug 2024