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Last Word
4 mins to read
3

The warning lights are flashing

ANALYSIS: The economic dataset looks set to markedly change for the worse over the summer.

RBNZ issued a surprisingly strong warning late last month about potential for another OCR hike next year.

So, yet another listed company has lowered its profit expectations noting weakness in the New Zealand economy.

This morning, casino operator SkyCity became the latest to dial back its profit expectations, citing lower pokie machine revenue and higher compliance costs.

The latter is a whole other

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Last Word SkyCity Air New Zealand Kiwi Property demand RBNZ OCR Jarrod Kerr Christian Hawkesby Adrian Orr
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Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
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52 Week High
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Related News
Investment

SkyCity cuts profit guidance
Australia

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Economics
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Investment

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It’s all a numbers game
The warning lights are flashing
Last Word,
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