Good morning,Snowy Hydro may need a fourth giant tunnel boring machine to ensure Snowy 2.0 dodges further delays, CEO Dennis Barnes told Senate estimates, warning that challenging ground conditions could hamper progress on the nation’s biggest renewable energy project. The future of Ross Taylor's reign at Fletcher Building is in doubt with the trans-Tasman building products giant calling a trading halt on its stock and flagging an earnings downgrade that could trigger its CEO's departure. Value-focused consumers are increasingly haggling on the shop floor for a bigger discount, says Terry Smart, the CEO of JB Hi-Fi which reported an uncharacteristic slump in first half revenue and profit amid a worsening trading environment. |