
$400m SkyCity deal under threat
The $400 million deal for SkyCity to build a national convention centre in Auckland could be under threat.
The $400 million deal for SkyCity to build a national convention centre in Auckland could be under threat.
SkyCity Entertainment Group has resolved car parking issues at its big Adelaide casino, restaurant and bar redevelopment.
SkyCity's plans to build a new five-star hotel in Auckland could see it capture $20m in additional revenues from visitors to the controversial NZ International Convention Centre.
SkyCity will have made $27 million out of the convention centre deal by 2017 without even turning the first sod, the Green Party claims.
Having being praised for his handling of the big steps in his leadership so far, Andrew Little quickly found out it is the small steps that trip you up, writes Claire Trevett.
Winston Peters says the Financial Markets Authority must investigate "a huge volume" in trading of SkyCity shares.
The capacity of the proposed Convention Centre falls under the limits the founding study on the project said was needed to make it viable for a return to the economy.
SkyCity could spend millions more on a convention centre than originally agreed as Labour threatens to cut the length of its casino licence if it builds a "dog".
New Zealand shares fell yesterday, led by Contact Energy after it flagged plans to invest offshore. Genesis Energy and Meridian Energy declined as enthusiasm for the sector cooled.
John Key says the SkyCity convention centre plan grew in both size and "flashness" until public backlash persuaded the Government not to spend any more money on it.
A National Party gathering in Auckland has been hijacked by protesters this afternoon, with police removing at least two people that infiltrated the building.
SkyCity is no longer seeking a government contribution to build its controversial convention centre. Do you agree with the backdown?
The Prime Minister can see no evil in SkyCity's demand for a "top-up" for its renovations, writes Paul Little.
Bill English really is the bad cop in the Govt's brinksmanship with SkyCity over just whose pockets will be picked to pay for the $70m to $130m cost overrun for the convention centre.
How corrupt is the Government’s SkyCity convention centre deal? asks Bryce Edwards.
While negotiating with the Government here on its Auckland project, SkyCity is considering spending more than the $366m it originally planned on its Adelaide property.
I think Andrew Little might have had his first Tony Abbott moment at Waitangi last Friday.
The convention centre agreement was sold as a deal that wouldn't cost taxpayers a cent - despite a clause that put them in the gun for any increased costs, Labour says.
Andrew Little appears to have been blessed by the gods of timing, writes Claire Trevett. Hot on the tails of Mike Sabin's resignation came the revelation SkyCity wanted a bit of taxpayer cash.
Stumping up taxpayer money to help meet SkyCity’s cost over-runs on the convention centre is now the Government’s “least preferred” option.
SkyCity Entertainment Group's shares rose after Prime Minister John Key wouldn't rule out using taxpayer cash to fund budget over-runs during construction.
Prime Minister John Key won't rule out using taxpayer money to stop SkyCity's convention centre becoming an "eyesore".
Auckland could boost SkyCity Entertainment Group's half-year result issued on Wednesday but Adelaide could drag it down.