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Home > Recap > Spark’s drop in profit; Fletcher Building turns around last year’s loss; BHP and Woodside Petroleum in talks to merge.
Podcast: Recap
Episode:

Spark’s drop in profit; Fletcher Building turns around last year’s loss; BHP and Woodside Petroleum in talks to merge.
Category: Business
Duration: 00:11:54
Publish Date: 2021-08-18 04:54:52
Description:

Telecommunications company Spark New Zealand (SPK) reports a drop in full-year profit, citing border closures; Construction and building materials company Fletcher Building (FBU) beats guidance, turning last year’s loss into a profit this year; Australia’s BHP Group (BHP) and Woodside Petroleum (WPL) in talks to “create the largest energy company listed on the ASX.”

Also today, the Reserve Bank of New Zealand announced it’s keeping the Official Cash Rate flat at 0.25%. Tomorrow on Sharesies’ Lunch Money, we’ll unpack this announcement further with Zoe Wallis, Chief Economist at Deloitte New Zealand. You can either register to watch live here, subscribe to the podcast version or watch on YouTube later that afternoon.

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