DOCSLIB.ORG

Spark's Journey

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Spark's Journey Championing better broadband for New Zealand 2019 / ISSUE 10 Spark’s journey Jolie Hodson on the path from traditional telco to digital services ONLINE COMMUNITIES NIELSEN’S LAW WI-FI 6 BROUGHT TO YOU BY Local news and Predicting future Faster home chat sites data speeds wireless networks Contents 2019 / ISSUE 10 9 26 Simon Moutter 8K TV Spark's outgoing managing The pictures are stunning, but do director reflects on seven years at we really need 8K television? the top of NZ's largest telco 11 Wi-Fi 6 Home wireless networking is getting a much needed shake-up 14 Rural ISPs Gisbourne.net and WIZwireless on the challenges of rural broadband 20 28 ONLINE COMMUNITIES DEVOLI Everyone has heard of Facebook, The rise of the virtual internet but New Zealand has its own service provider thriving online communities 30 24 Nielsen’s Law Exams over the web For years the industry couldn’t COVER STORY NZQA is trialling paperless keep up with customer bandwidth Jolie Hodson, Spark’s new chief school exams demand. Fibre has changed that executive on the company’s 6 transformation and what comes next REGULARS 1 Editorial Rugby World Cup pushes fibre demand 2 In Brief Vodafone sale, RANT Apple TV+, data Bill Bennett on mourning records broken 33 the end of dial tone thedownload.co.nz The Download | Editorial 1 Editor Bill Bennett Chorus Editorial Consultants Ian Bonnar, Steve Pettigrew, Holly Cushen Contributors Scott Bartley, Heather Wright, Hadyn Green, Johanna Egar, Sarah Putt, Peter Griffin Senior Account Director Rugby World LauraGrace McFarland Designers Jessie Marsh, Julian Pettitt Account Executive Cup: fibre’s last Paige Fleming On the cover Photograph by Keri Little Photography inflection point When the Ultra-Fast Broadband network was arrival of New Zealand’s first large, legitimate Published by ICG PO Box 77027, Mt Albert still just a twinkle in a politician’s eye, planners streaming library. Auckland 1350, New Zealand thought one in five phone lines might switch Before Lightbox, you had to make do with www.icg.co.nz by 2019. A 25 percent uptake was the most questionable sources of entertainment. The ISSN 2624-1137 (Print) ISSN 2624-1145 (Online) optimistic early projection. Sure, more people alternative was digital jiu-jitsu. You had to juggle would switch to fibre one day, but that would with foreign credit cards, VPNs (virtual private take a long time. networks) and fake overseas addresses. It didn’t happen that way. At the end of last Fibre companies saw a noticeable upswing The Download is championed by Chorus year fibre uptake hit 50 percent. That’s more than in connection orders after Lightbox began. PO Box 632, Wellington 6140 double the most hopeful expectation. We got There is a kink in the uptake graph. Or to use www.chorus.co.nz there with a year of the UFB build still left to go. mathematical jargon: an inflection point. The contents of The Download That far-sighted decision to kick start The growth curve steepened again in early are protected by copyright. Please fibre paid off better than 2015. That’s when Netflix feel free to use the information in this issue of The Download, with anyone expected. launched in New Zealand. attribution to The Download by Streaming video was Netflix was already popular, Chorus Limited. Opinions expressed 'That far-sighted in The Download are not necessarily always part of the plan for but without a local option those of the publisher or the editor. fibre. We knew about it decision to kick- it was a pain to use. The Information contained in The when the UFB network was New Zealand launch Download is correct at the time start fibre paid off of printing and while all due care being planned. Streaming removed these barriers. and diligence has been taken in the was always suggested as one better than anyone We are now seeing a preparation of this magazine, the of the potential applications third uptick thanks to Spark publisher is not responsible for any expected' mistakes, omissions, typographical of the technology. Sport’s Rugby World Cup errors or changes to product and What we couldn’t see streaming service. Fibre service descriptions over time. then was how fast streaming would take off. It connection orders are going gangbusters. Crews has also changed the way people consume video. are working overtime and weekends to meet Binge viewing is a streaming video phenomenon. demand. Sales of large screen televisions are Networks releasing big shows to the entire world booming. Routers and home networks are being at the same time is also a direct consequence of upgraded. The clock is ticking. fibre uptake. When the first game kicks off in Tokyo on The ‘too-long-didn’t-read’ story is that Netflix September 20, a clear majority of New Zealand triggered faster than expected fibre uptake. homes will have fast fibre. Connect with us Facebook.com/ChorusNZ There’s something in this. Yet, Netflix is only It’s unlikely we will see another inflection Twitter/ChorusNZ one of the three waves of user interest that have point. By the time the dust clears from the rugby Chorus NZ Limited on LinkedIn boosted fibre demand. tournament, fibre will be normal. The first came when Spark’s Lightbox opened www.thedownload.co.nz for business in 2014. Lightbox marked the Bill Bennett 2019 / Issue 10 2 In brief Infratil, Brookfield buy Vodafone New Zealand Vodafone Group has sold Vodafone Paris says Vodafone has 40 partner New Zealand to Infratil and Brookfield agreements worldwide. New Zealand Asset Management. will be the biggest. The deal means the local business The deal is worth $3.4 billion. will license the Vodafone name and Infratil and Brookfield will each make branding. It will have preferential a $1 billion equity contribution. The GOOGLE overseas roaming arrangements and rest will be funded from Vodafone access to central procurement and New Zealand level debt and equity LAUNCHES various other services. But the local team reserved for Vodafone New Zealand’s STADIA – NETFLIX will no longer report to the UK parent. senior executives. Vodafone New Zealand’s chief The parties have eight months to FOR GAMERS executive, Jason Paris, says this will get Overseas Investment Office and Google has entered the video games free the business to focus on local Commerce Commission permission. market with Stadia, a cloud-powered opportunities, rather than follow a Infratil says there is a strong case for streaming service that delivers games strategy decided on the other side the Commerce Commission to grant to any device. It works with phones, of the world. permission because of the competitive tablets, computers and televisions. It means you no longer need a box Among other things, he anticipates nature of the fixed broadband market. to play games. There is a Stadia this will free the company to push Vodafone is New Zealand’s second controller, but you can also use unlimited mobile plans and to largest telco behind Spark. During the existing controllers. move more vigorously into fixed last year, it earned revenue of $2 billion Google has not yet mentioned prices wireless broadband. and had EBITDA of $463 million. This and says Stadia will initially only be For now, the deal is conditional. puts its price at a little over seven times available in the US, Canada and Approval is needed from both the earnings. While this is at the high end parts of Europe. Overseas Investment Office and the of the range for a telecommunications While earlier game-streaming Commerce Commission before the business, there were other bidders services have suffered from latency transaction can be completed. circling the business. problems, Google says its worldwide infrastructure will cure that. However, critics have pointed out that no amount of Google infrastructure can overcome poor local networks. Also, many telcos and ISPs may struggle to deal with the flood of traffic that could result if Stadia takes off. A report in Australasia’s Communications Day says each user is likely to consume between 15 and 25Mbps of bandwidth, which means carriers will face loads much larger than they see from Netflix and other streaming television services. It quotes analyst Rudolf van der Berg, who says mobile networks “would likely buckle” under the load if every user gets 25Mbps. He says even 5G will struggle as it is not designed for 10 Intratil chief executive Marko Bogoievski (left) to 40 people per cell all using 25Mbps with Vodafone NZ chief sustained speeds. executive Jason Paris thedownload.co.nz The Download | In Brief 3 APPLE LAUNCHES AIRPLANE BEATS INTERNET NETFLIX FOR BLACK HOLE IMAGE COMPETITOR When astronomers needed to shift vast amounts of data to image a black hole, WITH TV+ they turned to an old-fashioned way of Apple says it will launch a video-on- moving it. demand service later this year. Emulating “To image a black hole, they needed Netflix’s model, the company says its TV+ half a ton of hard drives containing five petabytes of data. The fastest way service will include original content as to transfer that data? Airplane. An well as content from popular television airplane data transfer from Mauna Kea channels. There will be pay-per-view to Massachusetts would have a data options as well as a subscription service. rate of roughly 14GB per second.” Apple will deliver TV+ via an app that it will Jason Snell, Twitter 11/4/2019 offer on all its products as well as a number of smart TVs and set-top boxes. Poorer students without home internet access falling behind Home internet access is a big issue for concern is the school networks, with 14 N4L surveys schools every year to help it poorer students, Network For Learning’s percent saying they need extra network better understand their technology needs (N4L) latest survey reveals.
Load more

Recommended publications
  • FY21 Results Overview
    Annual Report 2021 01 Chorus Board and management overview 14 Management commentary 24 Financial statements 60 Governance and disclosures 92 Glossary FY21 results overview Fixed line connections1 Broadband connections1 FY21 FY20 FY21 FY20 1,340,000 1,415,000 1,180,000 1,206,000 Fibre connections1 Net profit after tax FY21 FY20 FY21 FY20 871,000 751,000 $47m $52m EBITDA2 Customer satisfaction Installation Intact FY21 FY20 FY21 FY21 $649m $648m 8.2 out of 10 7.5 out of 10 (target 8.0) (target 7.5) Dividend Employee engagement score3 FY21 FY20 FY21 FY20 25cps 24cps 8.5 out of 103 8.5 This report is dated 23 August 2021 and is signed on behalf of the Board of Chorus Limited. Patrick Strange Mark Cross Chair Chair Audit & Risk Management Committee 1 Excludes partly subsidised education connections provided as part of Chorus’ COVID-19 response. 2 Earnings before interest, income tax, depreciation and amortisation (EBITDA) is a non-GAAP profit measure. We monitor this as a key performance indicator and we believe it assists investors in assessing the performance of the core operations of our business. 3 Based on the average response to four key engagement questions. Dear investors Our focus in FY21 was to help consumers especially important because fixed wireless services don’t capitalise on the gigabit head start our fibre provide the same level of service as fibre - or even VDSL in network has given New Zealand. We knocked most cases – and these service limitations often aren’t made clear to the customer. on about a quarter of a million doors and supported our 100 or so retailers to connect As expected, other fibre companies continued to win copper customers in those areas where they have overbuilt our another 120,000 consumers to fibre.
    [Show full text]
  • Socially Conscious Australian Equity Holdings
    Socially Conscious Australian Equity Holdings As at 30 June 2021 Country of Company domicile Weight COMMONWEALTH BANK OF AUSTRALIA AUSTRALIA 10.56% CSL LTD AUSTRALIA 8.46% AUST AND NZ BANKING GROUP AUSTRALIA 5.68% NATIONAL AUSTRALIA BANK LTD AUSTRALIA 5.32% WESTPAC BANKING CORP AUSTRALIA 5.08% TELSTRA CORP LTD AUSTRALIA 3.31% WOOLWORTHS GROUP LTD AUSTRALIA 2.93% FORTESCUE METALS GROUP LTD AUSTRALIA 2.80% TRANSURBAN GROUP AUSTRALIA 2.55% GOODMAN GROUP AUSTRALIA 2.34% WESFARMERS LTD AUSTRALIA 2.29% BRAMBLES LTD AUSTRALIA 1.85% COLES GROUP LTD AUSTRALIA 1.80% SUNCORP GROUP LTD AUSTRALIA 1.62% MACQUARIE GROUP LTD AUSTRALIA 1.54% JAMES HARDIE INDUSTRIES IRELAND 1.51% NEWCREST MINING LTD AUSTRALIA 1.45% SONIC HEALTHCARE LTD AUSTRALIA 1.44% MIRVAC GROUP AUSTRALIA 1.43% MAGELLAN FINANCIAL GROUP LTD AUSTRALIA 1.13% STOCKLAND AUSTRALIA 1.11% DEXUS AUSTRALIA 1.11% COMPUTERSHARE LTD AUSTRALIA 1.09% AMCOR PLC AUSTRALIA 1.02% ILUKA RESOURCES LTD AUSTRALIA 1.01% XERO LTD NEW ZEALAND 0.97% WISETECH GLOBAL LTD AUSTRALIA 0.92% SEEK LTD AUSTRALIA 0.88% SYDNEY AIRPORT AUSTRALIA 0.83% NINE ENTERTAINMENT CO HOLDINGS LIMITED AUSTRALIA 0.82% EAGERS AUTOMOTIVE LTD AUSTRALIA 0.82% RELIANCE WORLDWIDE CORP LTD UNITED STATES 0.80% SANDFIRE RESOURCES LTD AUSTRALIA 0.79% AFTERPAY LTD AUSTRALIA 0.79% CHARTER HALL GROUP AUSTRALIA 0.79% SCENTRE GROUP AUSTRALIA 0.79% ORORA LTD AUSTRALIA 0.75% ANSELL LTD AUSTRALIA 0.75% OZ MINERALS LTD AUSTRALIA 0.74% IGO LTD AUSTRALIA 0.71% GPT GROUP AUSTRALIA 0.69% Issued by Aware Super Pty Ltd (ABN 11 118 202 672, AFSL 293340) the trustee of Aware Super (ABN 53 226 460 365).
    [Show full text]
  • Westpac Online Investment Loan Acceptable Securities List - Effective 3 September2021
    Westpac Online Investment Loan Acceptable Securities List - Effective 3 September2021 ASX listed securities ASX Code Security Name LVR ASX Code Security Name LVR A2M The a2 Milk Company Limited 50% CIN Carlton Investments Limited 60% ABC Adelaide Brighton Limited 60% CIP Centuria Industrial REIT 50% ABP Abacus Property Group 60% CKF Collins Foods Limited 50% ADI APN Industria REIT 40% CL1 Class Limited 45% AEF Australian Ethical Investment Limited 40% CLW Charter Hall Long Wale Reit 60% AFG Australian Finance Group Limited 40% CMW Cromwell Group 60% AFI Australian Foundation Investment Co. Ltd 75% CNI Centuria Capital Group 50% AGG AngloGold Ashanti Limited 50% CNU Chorus Limited 60% AGL AGL Energy Limited 75% COF Centuria Office REIT 50% AIA Auckland International Airport Limited 60% COH Cochlear Limited 65% ALD Ampol Limited 70% COL Coles Group Limited 75% ALI Argo Global Listed Infrastructure Limited 60% CPU Computershare Limited 70% ALL Aristocrat Leisure Limited 60% CQE Charter Hall Education Trust 50% ALQ Als Limited 65% CQR Charter Hall Retail Reit 60% ALU Altium Limited 50% CSL CSL Limited 75% ALX Atlas Arteria 60% CSR CSR Limited 60% AMC Amcor Limited 75% CTD Corporate Travel Management Limited ** 40% AMH Amcil Limited 50% CUV Clinuvel Pharmaceuticals Limited 40% AMI Aurelia Metals Limited 35% CWN Crown Limited 60% AMP AMP Limited 60% CWNHB Crown Resorts Ltd Subordinated Notes II 60% AMPPA AMP Limited Cap Note Deferred Settlement 60% CWP Cedar Woods Properties Limited 45% AMPPB AMP Limited Capital Notes 2 60% CWY Cleanaway Waste
    [Show full text]
  • Asx Clear – Acceptable Collateral List 28
    et6 ASX CLEAR – ACCEPTABLE COLLATERAL LIST Effective from 20 September 2021 APPROVED SECURITIES AND COVER Subject to approval and on such conditions as ASX Clear may determine from time to time, the following may be provided in respect of margin: Cover provided in Instrument Approved Cover Valuation Haircut respect of Initial Margin Cash Cover AUD Cash N/A Additional Initial Margin Specific Cover N/A Cash S&P/ASX 200 Securities Tiered Initial Margin Equities ETFs Tiered Notes to the table . All securities in the table are classified as Unrestricted (accepted as general Collateral and specific cover); . Specific cover only securities are not included in the table. Any securities is acceptable as specific cover, with the exception of ASX securities as well as Participant issued or Parent/associated entity issued securities lodged against a House Account; . Haircut refers to the percentage discount applied to the market value of securities during collateral valuation. ASX Code Security Name Haircut A2M The A2 Milk Company Limited 30% AAA Betashares Australian High Interest Cash ETF 15% ABC Adelaide Brighton Ltd 30% ABP Abacus Property Group 30% AGL AGL Energy Limited 20% AIA Auckland International Airport Limited 30% ALD Ampol Limited 30% ALL Aristocrat Leisure Ltd 30% ALQ ALS Limited 30% ALU Altium Limited 30% ALX Atlas Arteria Limited 30% AMC Amcor Ltd 15% AMP AMP Ltd 20% ANN Ansell Ltd 30% ANZ Australia & New Zealand Banking Group Ltd 20% © 2021 ASX Limited ABN 98 008 624 691 1/7 ASX Code Security Name Haircut APA APA Group 15% APE AP
    [Show full text]
  • Is Xero in the BUY Zone?
    Monday 15 March 2021 Is Xero in the BUY zone? I don’t think all tech stocks are born equal. What I’m really saying is Apple is very different to Zoom, while Xero is not like Afterpay. They’re lumped in the same tech group and can get sold off when tech loses friends but this sometimes silly sell-off could be creating opportunities. For the last month, tech stocks have been in the twilight zone and Xero has dropped from its highs. Does this mean it’s passed over into the buy zone? Sincerely, Peter Switzer Inside this Issue 02 Is Xero in the buy zone? Is Xero in the buy zone? by Peter Switzer 05 Does environmental, social and corporate governance (ESG) investing stack up? And what’s the best ETF? Does ESG investing stack up? by Paul Rickard 08 5 companies at the forefront of the hydrogen push FMG, HZR, LCK, HXG & PH2 Is Xero in the buy by James Dunn 11 My “HOT” stock: QAN zone? Qantas by Peter Switzer by Maureen Jordan 02 12 Buy, Hold, Sell – What the Brokers Say 12 upgrades, 5 downgrades by Rudi Filapek-Vandyck Important information: This content has been prepared without taking account of the objectives, financial situation or needs of any particular individual. It does not constitute formal advice. For this reason, any individual should, before Switzer Super Report is published by Switzer Financial Group Pty Ltd AFSL No. 286 531 acting, consider the appropriateness of the information, having regard to the Level 4, 10 Spring Street, Sydney, NSW, 2000 individual's objectives, financial situation and needs and, if necessary, seek T: 1300 794 893 F: (02) 9222 1456 appropriate professional advice.
    [Show full text]
  • Stoxx® Pacific Total Market Index
    STOXX® PACIFIC TOTAL MARKET INDEX Components1 Company Supersector Country Weight (%) CSL Ltd. Health Care AU 7.79 Commonwealth Bank of Australia Banks AU 7.24 BHP GROUP LTD. Basic Resources AU 6.14 Westpac Banking Corp. Banks AU 3.91 National Australia Bank Ltd. Banks AU 3.28 Australia & New Zealand Bankin Banks AU 3.17 Wesfarmers Ltd. Retail AU 2.91 WOOLWORTHS GROUP Retail AU 2.75 Macquarie Group Ltd. Financial Services AU 2.57 Transurban Group Industrial Goods & Services AU 2.47 Telstra Corp. Ltd. Telecommunications AU 2.26 Rio Tinto Ltd. Basic Resources AU 2.13 Goodman Group Real Estate AU 1.51 Fortescue Metals Group Ltd. Basic Resources AU 1.39 Newcrest Mining Ltd. Basic Resources AU 1.37 Woodside Petroleum Ltd. Oil & Gas AU 1.23 Coles Group Retail AU 1.19 Aristocrat Leisure Ltd. Travel & Leisure AU 1.02 Brambles Ltd. Industrial Goods & Services AU 1.01 ASX Ltd. Financial Services AU 0.99 FISHER & PAYKEL HLTHCR. Health Care NZ 0.92 AMCOR Industrial Goods & Services AU 0.91 A2 MILK Food & Beverage NZ 0.84 Insurance Australia Group Ltd. Insurance AU 0.82 Sonic Healthcare Ltd. Health Care AU 0.82 SYDNEY AIRPORT Industrial Goods & Services AU 0.81 AFTERPAY Financial Services AU 0.78 SUNCORP GROUP LTD. Insurance AU 0.71 QBE Insurance Group Ltd. Insurance AU 0.70 SCENTRE GROUP Real Estate AU 0.69 AUSTRALIAN PIPELINE Oil & Gas AU 0.68 Cochlear Ltd. Health Care AU 0.67 AGL Energy Ltd. Utilities AU 0.66 DEXUS Real Estate AU 0.66 Origin Energy Ltd.
    [Show full text]
  • The Climate Risk of New Zealand Equities
    The Climate Risk of New Zealand Equities Hamish Kennett Ivan Diaz-Rainey Pallab Biswas Introduction/Overview ØExamine the Climate Risk exposure of New Zealand Equities, specifically NZX50 companies ØMeasuring company Transition Risk through collating firm emission data ØCompany Survey and Emission Descriptives ØPredicting Emission Disclosure ØHypothetical Carbon Liabilities 2 Measuring Transition Risk ØTransition Risk through collating firm emissions ØAimed to collate emissions for all the constituents of the NZX50. ØUnique as our dataset consists of Scope 1, Scope 2, and Scope 3 emissions, ESG scores and Emission Intensities for each firm. ØCarbon Disclosure Project (CDP) reports, Thomson Reuters Asset4, Annual reports, Sustainability reports and Certified Emissions Measurement and Reduction Scheme (CEMAR) reports. Ø86% of the market capitilisation of the NZX50. 9 ØScope 1: Classified as direct GHG emissions from sources that are owned or controlled by the company. ØScope 2: Classified as indirect emissions occurring from the generation of purchased electricity. ØScope 3: Classified as other indirect GHG emissions occurring from the activities of the company, but not from sources owned or controlled by the company. (-./01 23-./014) Ø Emission Intensity = 6789 :1;1<=1 4 Company Survey Responses Did not Email No Response to Email Responded to Email Response Company Company Company Air New Zealand Ltd. The a2 Milk Company Ltd. Arvida Group Ltd. Do not report ANZ Group Ltd. EBOS Ltd. Heartland Group Holdings Ltd. Do not report Argosy Property Ltd. Goodman Property Ltd. Metro Performance Glass Ltd. Do not report Chorus Ltd. Infratil Ltd. Pushpay Holdings Ltd. Do not report Contact Energy Ltd. Investore Property Ltd.
    [Show full text]
  • FNZ Basket 14102010
    14-Oct-10 smartFONZ Basket Composition Composition of a basket of securities and cash equivalent to 200,000 NZX 50 Portfolio Index Fund units effective from 14 October 2010 The new basket composition applies to applications and withdrawals. Cash Portion: $ 1,902.98 Code Security description Shares ABA Abano Healthcare Group Limited 88 AIA Auckland International Airport Limited Ordinary Shares 6,725 AIR Air New Zealand Limited (NS) Ordinary Shares 2,784 AMP AMP Limited Ordinary Shares 432 ANZ Australia and New Zealand Banking Group Limited Ord Shares 212 APN APN News & Media Limited Ordinary Shares 1,759 APT AMP NZ Office Trust Ordinary Units 8,453 ARG Argosy Property Trust Ordinary Units 4,344 CAV Cavalier Corporation Limited Ordinary Shares 482 CEN Contact Energy Limited Ordinary Shares 1,508 EBO Ebos Group Limited Ordinary Shares 537 FBU Fletcher Building Limited Ordinary Shares 1,671 FPA Fisher & Paykel Appliances Holdings Limited Ordinary Shares 6,128 FPH Fisher & Paykel Healthcare Corporation Limited Ord Shares 3,106 FRE Freightways Limited Ordinary Shares 1,625 GFF Goodman Fielder Limited Ordinary Shares 3,990 GMT Macquarie Goodman Property Trust Ordinary Units 8,004 GPG Guinness Peat Group Plc Ordinary Shares 15,588 HLG Hallenstein Glasson Holdings Limited Ordinary Shares 430 IFT Infratil Limited Ordinary Shares 6,363 KIP Kiwi Income Property Trust Ordinary Units 10,287 KMD Kathmandu Holdings Limited Ordinary Shares 690 MFT Mainfreight Limited Ordinary Shares 853 MHI Michael Hill International Limited Ordinary Shares 1,433 NPX
    [Show full text]
  • ESG Reporting by the ASX200
    Australian Council of Superannuation Investors ESG Reporting by the ASX200 August 2019 ABOUT ACSI Established in 2001, the Australian Council of Superannuation Investors (ACSI) provides a strong, collective voice on environmental, social and governance (ESG) issues on behalf of our members. Our members include 38 Australian and international We undertake a year-round program of research, asset owners and institutional investors. Collectively, they engagement, advocacy and voting advice. These activities manage over $2.2 trillion in assets and own on average 10 provide a solid basis for our members to exercise their per cent of every ASX200 company. ownership rights. Our members believe that ESG risks and opportunities have We also offer additional consulting services a material impact on investment outcomes. As fiduciary including: ESG and related policy development; analysis investors, they have a responsibility to act to enhance the of service providers, fund managers and ESG data; and long-term value of the savings entrusted to them. disclosure advice. Through ACSI, our members collaborate to achieve genuine, measurable and permanent improvements in the ESG practices and performance of the companies they invest in. 6 INTERNATIONAL MEMBERS 32 AUSTRALIAN MEMBERS MANAGING $2.2 TRILLION IN ASSETS 2 ESG REPORTING BY THE ASX200: AUGUST 2019 FOREWORD We are currently operating in a low-trust environment Yet, safety data is material to our members. In 2018, 22 – for organisations generally but especially businesses. people from 13 ASX200 companies died in their workplaces. Transparency and accountability are crucial to rebuilding A majority of these involved contractors, suggesting that this trust deficit. workplace health and safety standards are not uniformly applied.
    [Show full text]
  • Infratil Investor Day
    Infratil Investor Day 4 April 2014 Infratil Investor Day Trustpower Agenda • Performance developing points of difference • Focus on retail • Update on Australia © Trustpower Limited Highlights 2014 financial year • Acquisition of EDNZ accelerates retail multi-product strategy - 224,000 electricity customers - 54,300 telco services - 13,500 gas • Re-brand and launch into new geographies - Ready for metro launch • Significant progress on Snowtown Stage 2 wind farm • Completion of Esk Hydro © Trustpower Limited Consistent performance focus EBITDAF Return on adjusted capital © Trustpower Limited … and there are challenges • Demand remains flat • Government’s MoM programme – provides greater sector choice for investors • Labour / Green policy risk … TRUSTPOWER response © Trustpower Limited Re-launching the Brand – a point of difference • Stable, trustworthy and reliable • NZ owned and operated company • NZ based call centre • Excellent customer service • Rewards loyalty via Friends Gold (55% of customers) • Community involvement “So it comes down to customer service and what they do with their profit, which is where Trustpower gets two big ticks.” © Trustpower Limited Building brand value INTEGRATION Contact Energy Genesis Energy FUNCTIONAL CARE Pulse Energy Mercury Energy Meridian Energy Power Shop POWER COMPANY © Trustpower Limited Retail success – also means doing the basics well • Profitable customers that stay with you for a long time • Upsell must add value and / or increase loyalty • Cash is king and therefore processes must be excellent
    [Show full text]
  • Fund Factsheet
    31 August 2021 Russell Investments Managed Portfolio – Growth Portfolio objective Asset allocation as at 31 August 20212 To provide capital growth over the long term consistent with a portfolio focusing on growth assets, while accepting fluctuations in capital values in the short term. Portfolio strategy The Portfolio typically invests in a diversified investment mix with exposure to growth investments of around 90% and defensive investments of around 10% over the long term, however the allocations will be actively managed within the allowable ranges depending on market conditions. Performance review Period ending 31/08/2021 1 3 1 2 3 5 Since month months year years years years inception % % % p.a. % p.a. % p.a. % p.a. % p.a. Total return 2.4 6.1 25.7 12.0 _ _ 11.6 Performance is net of fees and charges. Assumes reinvestments of income. Past performance is not a reliable indicator of future performance. Fund Facts Growth of $10,000 Inception date 19 June 2019 Fund Portfolio manager Daniel Choo Recommended investment timeframe 6 years Performance results are net of management fees for both the Managed Portfolio and the underlying managers’ fees and costs. These results do not take into account any third party platform fees charged to individual investors or transaction costs (which include buy/sell spread and brokerage fees). They assume income received is reinvested without any tax deduction. An individual investor’s actual performance will differ from this performance depending on a range of factors including the amount invested in the Managed Portfolio, transaction timing, transaction costs, actual underlying manager fees and costs, any exclusions selected by the investor, whether income is paid in cash and any divergence by the investor from Managed Portfolio weightings.
    [Show full text]
  • Annual Report Year Ended 30 June 2019
    Annual Report Year Ended 30 June 2019 GENERAL Year in Review 4 Creating Value 6 Performance 8 Diversity Snapshot 12 Chair’s Review 14 Chief Executive Officer’s Review 15 Delivering Our Group Strategy 16 About SkyCity 24 Auckland 27 Hamilton 31 Adelaide 32 Queenstown 34 International Business 35 Our Risk Profile and Management 36 Our Board 40 Our Senior Leadership Team 44 SUSTAINABILITY Our Sustainability 48 Our Sustainability Pillars Our Customers 52 Our People 58 Our Communities 72 Our Suppliers 78 Our Environment 84 Independent Limited Assurance Statement 91 CORPORATE GOVERNANCE STATEMENT AND OTHER DISCLOSURES Corporate Governance Statement 92 Director and Employee Remuneration 104 Shareholder and Bondholder Information 118 Directors’ Disclosures 121 Company Disclosures 123 This annual report is dated 14 August 2019 and is signed on behalf of the Board of directors of SkyCity Entertainment Group Limited (SkyCity or the company and, together with its subsidiaries, the Group) by: FINANCIAL STATEMENTS Independent Auditor’s Report 127 Income Statement 134 Statement of Comprehensive Income 135 Rob Campbell Bruce Carter Balance Sheet 136 Chair Deputy Chair Statement of Changes in Equity 137 An electronic copy of this annual report is available in the Investor Centre section of the company’s Statement of Cash Flows 138 website at www.skycityentertainmentgroup.com Notes to the Financial Statements 139 Reconciliation of Normalised Results to Reported Results 174 GRI CONTENT INDEX 178 ABOUT THIS ANNUAL REPORT GLOSSARY 182 Unless otherwise stated, all dollar amounts in this annual report are expressed in New Zealand dollars. DIRECTORY 183 Where appropriate, information is also provided in relation to activities that have occurred after 30 June 2019, but prior to publication of this annual report.
    [Show full text]