New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>Casino operating environment shake-up a significant threat to earnings: Following a plethora of investigations that uncovered systematic wrongdoing across Australian casinos, empowered lawmakers and regulators have used the aftermath to fundamentally reshape the gambling industry across the Tasman</li><li>Valid argument for gaming tax rate increase in NZ: We see reasonable scope for New Zealand gaming tax rates to increase over the medium-term.</li><li>Impact from regulatory changes difficult to mitigate: There is likely to be limited steps SKC can take to mitigate the impact of regulatory or tax rate changes on its earnings. </li></ul>

Casino operating environment shake-up a significant threat to earnings: Following a plethora of investigations that uncovered systematic wrongdoing across Australian casinos, empowered lawmakers and regulators have used the aftermath to fundamentally reshape the gambling industry across the TasmanValid argument for gaming tax rate increase in NZ: We see reasonable scope for New Zealand gaming tax rates to increase over the medium-term.Impact from regulatory changes difficult to mitigate: There is likely to be limited steps SKC can take to mitigate the impact of regulatory or tax rate changes on its earnings. 

Skycity Entertainment

SkyCity: Regulatory Roulette