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Midday Report for Monday 26 August 2019
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Midday News for 26 August 2019
12:00 PM.National is promising a red-tape bonfire if elected. Three-quarters of older workers are not getting KiwiSaver contributions from their employers. Audio
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Meridian Energy has made a record annual profit
12:17 PM.Power company Meridian Energy has made a record annual profit as it generated more hydro-power locally and benefited from high wholesale prices, as it also expanded in Australia. Audio
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Metlifecare's profit dampened by slowing housing market
12:20 PM.A slower housing market has hit North Island retirement village operator Metlifecare's bottom line but strong resales have seen the company's operating performance lift. Audio
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Chorus FY net profit falls with drop in revenue
12:21 PM.The telecomunications lines company, Chorus has seen its profit drop by more than a third, hit by lower revenue and higher cost to roll out its fibre network. Audio
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Sowing economy and extra costs keep lid on Freightways profit
12:22 PM.Courier and data management company Freightways profit has been held back by higher labour increase and competition hits its courier businesses. Audio
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Midday Markets for 26 August 2019
12:24 PM.For the latest from the markets we're joined by Michael Grace of Jarden Securities. Audio
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Midday Sports News for 26 August 2019
12:26 PM.Danny Hay has become the second former New Zealand football captain to be appointed coach of the All Whites replacing Fritz Schmid of Switzerland who left the role abruptly in June. Audio
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Midday Rural News for 26 August 2019
12:35 PM.Well after taking a big tumble last month, log prices have recovered slightly. Audio