Spark cannot guarantee it will be able to bring the Rugby World Cup to households with poor broadband coverage in New Zealand, but says it will work to solve that problem in the next 18 months.
Shares in Fletcher Building have jumped by more than 10 percent today, following unconfirmed rumours that the Australian conglomerate Wesfarmers has bought a stake in the business.
Economic forecaster Infometrics has markedly lowered its forecasts for economic growth – ironically because government policies aimed at boosting growth are likely to create short-term headwinds.