New Zealand’s govt is preparing to shift to phase two in its fuel plan if need be.
The residential developer is focusing on high-net-worth buyers who are more immune to tougher economic conditions, CEO says.
Forecast production at Macraes hit by mill damage discovered last week.
Partial and gradual stake sale most likely, if Auckland’s public agrees with draft budget.
UPDATE: ANZ Investments, holder of 2.7%, now says it too will vote against the ‘opportunistic’ scheme.
Earnings, margins, revenue hold up, but macro-economic conditions and Cyclone Gabrielle impact on customers the big unknown.
Electricity distribution sector needs scope to spend more on climate resilience, says CEO.
Guidance for full-year earnings held steady, Turitea wind farm due for completion in April.
This follows ACC, Pushpay's largest independent shareholder, saying yesterday it would vote against $1.34 a share takeover offer.
Half-year result ‘a great achievement’ in challenging market, says CEO.