Contact Energy has reported a record net profit of $423 million, driven by the acquisition of Manawa Energy and higher renewable generation.

The result was good for investors, but some have raised concerns over other issues.

Harbour Asset Management expert Shane Solly explained further.

LISTEN ABOVE

Contact Energy has reported a record net profit of $423 million, driven by the acquisition of Manawa Energy and higher renewable generation.
The result was good for investors, but some have raised concerns over other issues.
Harbour Asset Management expert Shane Solly explained further.
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

Shane Solly: Harbour Asset Management expert on the market reactions to Contact Energy's results

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7e587c92-deee-4bb4-b7f5-b4a20084f25c/transcript

The brother of Princess Diana, Earl Spencer, has gone on to do an interview ahead of his new memoir being released - and it's raised a few eyebrows.

He accused King Charles of insensitively telling Spencer, in the wake of Princess Diana's death in 1997, that 'we'll forget her soon enough'.

UK correspondent Gavin Grey unpacked the interview further - and discussed whether Spencer is set to release more claims ahead of the book's release. 

LISTEN ABOVE

The brother of Princess Diana, Earl Spencer, has gone on to do an interview ahead of his new memoir being released - and it's raised a few eyebrows.
He accused King Charles of insensitively telling Spencer, in the wake of Princess Diana's death in 1997, that 'we'll forget her soon enough'.
UK correspondent Gavin Grey unpacked the interview further - and discussed whether Spencer is set to release more claims ahead of the book's release.&nbsp;
LISTEN ABOVE

Gavin Grey: UK correspondent on Earl Spencer's recent interview ahead of new memoir

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6a92af98-8f1b-4e51-a86e-b4cc00872beb/transcript

Labour leader Chris Hipkins recently confirmed the party won't be removing interest deductibility for landlords, despite being critical of the current Government for making changes.

Labour initially dubbed the policy as 'tax cuts for landlords' but Hipkins since claimed that the proposed capital gains tax would remove the need to make changes.

Resident Economist at Opes Partners Ed McKnight says he's feeling 'chipper' about this news.

"I just feel like that because interest deductibility was not ever a new tax in that they've put up our tax rates - it was a change to how they calculated our profits as landlords."

LISTEN ABOVE

Labour leader Chris Hipkins recently confirmed the party won't be removing interest deductibility for landlords, despite being critical of the current Government for making changes.
Labour initially dubbed the policy as 'tax cuts for landlords' but Hipkins since claimed that the proposed capital gains tax would remove the need to make changes.
Resident Economist at Opes Partners Ed McKnight says he's feeling 'chipper' about this news.
"I just feel like that because interest deductibility was not ever a new tax in that they've put up our tax rates - it was a change to how they calculated our profits as landlords."
LISTEN ABOVE

Ed McKnight: Resident Economist at Opes Partners on Chris Hipkins confirming Labour won't remove interest deductibility for landlords

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bf17d04e-70c4-4405-b562-b4cc0084ca15/transcript

The US Federal Reserve and the Bank of Japan both made headlines over their recent moves to lift official cash rates, leaving experts to wonder what could be next.

Investors are wondering if there's a longer hiking cycle to come, especially off the back of the ongoing Middle East conflict.

Harbour Asset Management expert Shane Solly explained further.

LISTEN ABOVE

The US Federal Reserve and the Bank of Japan both made headlines over their recent moves to lift official cash rates, leaving experts to wonder what could be next.
Investors are wondering if there's a longer hiking cycle to come, especially off the back of the ongoing Middle East conflict.
Harbour Asset Management expert Shane Solly explained further.
LISTEN ABOVE

Shane Solly: Harbour Asset Management expert on whether bond markets are positioned for more interest rate hikes

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e20f12f9-b310-4d76-bc92-b4cc007fe336/transcript

Shane Solly: Harbour Asset Management expert on the market reactions to Contact Energy's results

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