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...
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...
Contact Energy goes ahead with solar farm at Christchurch Airport
Construction of the $273m solar farm will begin this year.
Retail spending dipped marginally in July
Stats reflect continued pressures on household finances.