SkyCity is pushing forward with a new capital raise, after confirming a significant drop in profit.

Underlying profit's plummeted 42 percent, according to new reports.

Costs have also been rising, particularly for regulatory compliance, online gaming, and the soon-to-open Auckland convention centre.

SkyCity CEO Jason Walbridge says he believes they're acting in the best interests of the company - despite the concerns.

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SkyCity is pushing forward with a new capital raise, after confirming a significant drop in profit.
Underlying profit's plummeted 42 percent, according to new reports.
Costs have also been rising, particularly for regulatory compliance, online gaming, and the soon-to-open Auckland convention centre.
SkyCity CEO Jason Walbridge says he believes they're acting in the best interests of the company - despite the concerns.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Jason Walbridge: SkyCity CEO on the company's 42 percent profit drop

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/67dc2c59-4230-4ecf-95cb-b34000737e98/transcript

Broadcasting minister Paul Goldsmith says he may have' grunted' at TVNZ's board chair after Andrew Barclay raised a crime story with him.

Goldsmith was quizzed about the exchange by Labour's Reuben Davidson in Question Time on Thursday afternoon.

Newstalk ZB senior political correspondent Barry Soper explained further.

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Broadcasting minister Paul Goldsmith says he may have' grunted' at TVNZ's board chair after Andrew Barclay raised a crime story with him.
Goldsmith was quizzed about the exchange by Labour's Reuben Davidson in Question Time on Thursday afternoon.
Newstalk ZB senior political correspondent Barry Soper explained further.
LISTEN ABOVE

Barry Soper: Newstalk ZB senior political correspondent on the Government raising concerns about the state of TVNZ

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7981f433-b06a-44f0-be65-b4040049ecb5/transcript

Canadian Prime Minister Mark Carney joined his Australian counterpart to call for international co-operation following 'consecutive crises'. 

Carney says Canada and Australia should work together as 'strategic cousins' and team up to boost  sovereign capabilities including in the areas of critical minerals, defence and AI.

Australian correspondent Murray Olds says Carney called for smaller nations, or 'middle powers' to lead the way in repairing 'what's left of the world order'.

LISTEN ABOVE

Canadian Prime Minister Mark Carney joined his Australian counterpart to call for international co-operation following 'consecutive crises'.&nbsp;
Carney says Canada and Australia should work together as 'strategic cousins' and team up to boost &nbsp;sovereign capabilities including in the areas of critical minerals, defence and AI.
Australian correspondent Murray Olds says Carney called for smaller nations, or 'middle powers' to lead the way in repairing 'what's left of the world order'.
LISTEN ABOVE

Murray Olds: Australian correspondent on Canadian PM Mark Carney's visit to Australia

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c651f8b7-7f9d-430a-8831-b4040045f05f/transcript

The Black Caps have reaped the rewards of preparation at cricket's T20 World Cup, reaching their second final at the tournament.

That came courtesy of the fastest century in the tournament's history.

Finn Allen's 100 not out off 33 balls resulted after an opening stand of 117 in 9.1 overs with Tim Seifert, who also took 33 deliveries to make 58.

Sportstalk host D'Arcy Waldegrave recapped the action.

LISTEN ABOVE

The Black Caps have reaped the rewards of preparation at cricket's T20 World Cup, reaching their second final at the tournament.
That came courtesy of the fastest century in the tournament's history.
Finn Allen's 100 not out off 33 balls resulted after an opening stand of 117 in 9.1 overs with Tim Seifert, who also took 33 deliveries to make 58.
Sportstalk host D'Arcy Waldegrave recapped the action.
LISTEN ABOVE

D'Arcy Waldegrave: Sportstalk host on the Black Caps advancing to the final of the T20 World Cup

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1a5a0c31-1ea5-4e23-87ec-b40400428ba5/transcript

Jason Walbridge: SkyCity CEO on the company's 42 percent profit drop

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