Ebitdaf came in 1 percent lower than last year at $329 million.
It is a bit like that advertisement involving the well-sculpted bloke in briefs, walking away from the beach.
The voiceover goes “togs, togs, togs ...” and, as he gets further away from the foreshore, it suddenly yells, with alarm, “undies!”
Trustpower opened its challenge to a judgment against its claim $for 17.7 million of tax deductions on project costs between 2006 and 2008 in the Supreme Court today.
Rob Hosking gives his in-depth analysis of the big stories to watch out for this week. With special audio feature.